The Hong Kong Securities and Futures Commission and the Accounting and Financial Reporting Council signed a new Memorandum of Understanding on September 28, 2026, expanding regulatory cooperation to licensed virtual asset service providers.

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

Comprehensive legal regimes for digital assets, such as the EU's MiCA and proposed US market-structure bills, defining how tokens are issued, traded, and supervised.