Regulatory Focus - Hong Kong regulator tightens custody standards for crypto exchanges [1] Risk Management - Rising global risks in the crypto market necessitate stricter regulations [1]

Regulatory Updates - Hong Kong SFC issued new guidance to strengthen virtual asset trading platforms' custody standards [1] - The guidance addresses global security incidents and gaps found in a recent review [1] - The circular outlines minimum requirements for wallet infrastructure, access controls, and management oversight [1] - These requirements form part of the SFC's ASPIRe roadmap [1]