Progress of Hong Kong’s Virtual Asset Licensing Bill
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The reports currently available indicate that Hong Kong had originally planned to move forward with submitting a virtual asset licensing bill, but the latest report provided does not disclose when the bill will be submitted, its specific provisions, or its legislative progress. At the main conference of Hong Kong FinTech Week 2026, which concluded on November 3, 2026, officials and regulators discussed how to move artificial intelligence and tokenization from pilot projects to practical applications. Julia Leung, Chief Executive Officer of the Hong Kong Securities and Futures Commission, argued that regulation of agentic AI should be flexible and proportionate, taking into account the impact and reversibility of tasks; high-risk uses, however, require strong safeguards. The report does not explain how these discussions will affect the virtual asset licensing bill.
AI-written from reports · updated 1 hour ago
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- Fintech News Hong KongHong Kong Fintech Week 2026 main conference discusses next steps for AI and tokenization pilots
The main conference of Hong Kong Fintech Week 2026 concluded on November 3, with officials and regulators discussing how to move AI and tokenization from pilot programs to practical applications. SFC Chief Executive Julia Leung advocated flexible and proportionate regulation of agentic AI based on the impact and reversibility of tasks, with high-risk uses requiring strong safeguards.
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