Hong Kong's New Digital Asset Licensing Regulations Expected to Pass in the Second Half of This Year or Early Next Year

Odaily News: According to an official announcement, Binance will list the OURAUSDT USD-M Pre-IPO perpetual contract at 08:30 (UTC) on September 23, 2026, with a maximum leverage of 20x and support for multi-asset mode.

Odaily Report: Open interest on Hyperliquid has reached $18 billion, setting a new all-time high.

According to Lookonchain monitoring, a newly created address bought 269,500 UNI worth $2.84 million, while another address separately bought 138,400 UNI worth $1.23 million.

Odaily News: According to market data, the Hong Kong stock AI application sector continued to decline in the afternoon, with Zhipu falling over 10%, Kingdee International dropping over 7%, and Meitu, MINIMAX-W, and others following the decline.

Odaily reports that according to GMGN data, mainstream platforms and Meme coins in the Robinhood Chain ecosystem have rebounded, including:1. musebook's market cap is temporarily reported at $35.3 million, up 62.6% in 24 hours;2. MOO's market cap is temporarily reported at $17.9 million, up 47.3% in 24 hours;3. MEME's market cap is temporarily reported at $36.2 million, up 29.3% in 6 hours;4. BONER's market cap is temporarily reported at $53.3 million, up 22% in 24 hours;5. PONS's market cap is temporarily reported at $483 million, up 20.2% in 24 hours;6. AI's market cap is temporarily reported at $271 million, up 19.4% in 24 hours;7. CASHCAT's market cap is temporarily reported at $172 million, up 8.6% in 24 hours;8. ORBIO's market cap is temporarily reported at $70.5 million, up 5.5% in 24 hours.Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily News: Johnny Ng Kit-chong, a member of the Hong Kong Legislative Council (Technology and Innovation constituency), stated in a keynote speech at the 2026 Shanghai Blockchain International Week and the 12th Global Blockchain Summit that new licensing regulations covering virtual asset trading services, custody, and other businesses are expected to be submitted to the Legislative Council for discussion in the second half of this year, with the aim of passing them in the second half of this year or early next year. By then, Hong Kong's digital asset-related licensing requirements will be essentially clarified.Johnny Ng stated that the setback of the U.S. CLARITY Act is more beneficial to Hong Kong in the long run; currently, two licensed stablecoin issuers in Hong Kong are testing different application scenarios.