Hong Kong’s Crypto Licensing Plans Face Industry Pushback Over Transition Risks

Hong Kong Securities and Futures Professionals Association has formally raised concerns over proposed crypto licensing rules, warning that a “hard start” without transitional arrangements could disrupt compliant firms. The response, issued in January 2026, argues that requiring immediate compliance before licenses are approved may force businesses to pause operations while applications are reviewed. source: https://www.ethnews.com/hong-kongs-crypto-licensing-plans-face-industry-pushback-over-transition-risks/