The Memorandum of Understanding between Hong Kong's SFC and AFRC establishes formal mechanisms for information sharing, case referrals, mutual regulatory assistance, and coordinated inspections and investigations between the two agencies

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.