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Hong Kong crypto license requirements checklist for 2026

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Hong Kong's 2026 crypto licensing regime demands strict compliance with AML, custody, and disclosure rules. This checklist outlines the key requirements for operators seeking a Virtual Asset Service Provider license. CRYPTO LICENSE GUIDE · 2026 Hong Kong crypto license Crypto licensing across 15+ jurisdictions CONSULTING24.CO 1. Corporate Structure and Local Presence To apply for a Hong Kong crypto license, your entity must be a Hong Kong incorporated company (or a registered foreign company) with a physical office in the city. The company must have at least two responsible officers who are ordinarily resident in Hong Kong and meet fit and proper criteria. These officers are personally accountable for compliance with the Securities and Futures Commission (SFC) rules. The SFC expects applicants to have a clear organizational structure, including a board of directors with sufficient senior management oversight. Outsourcing of core functions is restricted, and key compliance role...