Hong Kong Will Promote Investment in Digital Assets

Innovative Proposal for the Insurance Sector from Hong Kong

Hong Kong is reviewing new regulations to enable insurance companies to invest in digital assets. This step aims to increase corporate crypto adoption in Asia.

The proposed regulation imposes a 100% risk liability if insurance firms hold digital assets directly. This requires insurers to set aside one dollar for every dollar they invest.

The public consultation process for the proposal will take place from February to April 2025. Legislative applications are expected to be submitted by the end of the year.