Hong Kong Proposes Insurance Rules for Crypto Investments
Hong Kong's Insurance Authority is revising capital rules to allow insurers direct investment in cryptocurrencies and infrastructure, targeting priority sectors while reinforcing the city's digital finance ambitions. The proposal includes a 100% risk charge on crypto assets and tiered risk assessments for stablecoins, with public consultation running through April.
HashKey's $206 million IPO underscores institutional appetite for regulated crypto platforms, mirroring global regulatory shifts in Australia and Argentina that are dismantling barriers to adoption. Market momentum builds as jurisdictions compete to establish frameworks for institutional capital deployment.