meta_id 3072133

On April 17, 2026, the Hong Kong Monetary Authority (HKMA) launched a consultation on the prudential treatment of crypto-assets on permissionless blockchains. The consultation addresses capital adequacy, credit risk, and liquidity risk considerations for authorised institutions holding or transacting in crypto-assets issued on permissionless blockchain networks. The consultation paper seeks feedback from market participants, including banks and other authorised institutions, on proposed prudential frameworks governing crypto-asset exposures. This includes guidance on how institutions should calculate capital requirements, manage credit risk exposure to crypto-assets, and maintain adequate liquidity buffers when holding such assets. The HKMA is consulting on these principles to ensure authorised institutions maintain robust risk management practices and adequate capital buffers in line with international regulatory standards, particularly as crypto-asset adoption continues to evolve in Hong Kong's financial system. The consultation period runs from April 17, 2026 to May 18, 2026, closing at 11:59 PM on the final date. Responses should be submitted to the HKMA during this period. The HKMA will review feedback received and is expected to publish final guidance following the consultation period. **Reference:** Hong Kong Monetary Authority. Consultation Paper on the Prudential Treatment of Cryptoassets on Permissionless Blockchains. Published April 17, 2026.