Hong Kong to align crypto OTC derivatives rules with European standards

09-27

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The Hong Kong Monetary Authority and the Hong Kong Securities and Futures Commission jointly announced that they will adopt the reporting requirements set by the European Securities and Markets Authority (ESMA) for crypto over-the-counter (OTC) derivatives, including the use of digital token identifiers (DTI). DTI is currently the core reference point for crypto asset service providers across Europe. The Hong Kong authorities proposed to implement the new reporting requirements by September 29, 2025. Crypto OTC derivatives investments cannot be classified into the existing traditional five asset classes - interest rates, foreign exchange, credit, commodities and stocks.

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