Hong Kong will fully implement new bank capital regulations based on Basel Committee's crypto regulatory standards starting January 1 next year.

Mars Finance reports that, according to Caixin, the Hong Kong Monetary Authority has confirmed that starting from January 1, 2026, it will fully implement new banking capital regulations in Hong Kong based on the Basel Committee on Banking Supervision’s standards for crypto-asset regulation. The crypto assets defined by the Basel Committee are primarily private “digital assets” that rely on cryptography and distributed ledger technology or similar technologies, while “digital assets” are defined as a digital form of value that can be used for payments, investment purposes, or to acquire goods or services. Not only do Bitcoin, Ethereum, and other cryptocurrencies fall under the Basel Committee’s definition of crypto assets, but RWA, stablecoins, and others are also included.