Hong Kong Insurance Authority Proposes Crypto and Infrastructure Investment Framework

TLDR: The regulator imposes a 100% risk capital charge on crypto assets to protect insurance capital stability. Stablecoins receive differentiated treatment with risk charges tied to their pegged fiat currencies. Capital incentives are offered for insurers investing in Hong Kong and mainland infrastructure projects. Public consultation runs from February to April 2025, affecting HK$635 billion [...]

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