Digital Assets and Web3 Advisory Desk
As the licensing regime for virtual asset trading platforms and the stablecoins ordinance redefine market access to Hong Kong for both domestic and international enterprises, Hong Kong emerges as a comprehensively regulated jurisdiction for blockchain and digital assets. Firms operating in this space, whether through initial coin offerings (ICOs), security token offerings (STOs), real-world asset (RWA) tokenization, stablecoins issuance, or decentralized finance (DeFi) services, operate within a complex legal framework overseen by multiple regulators. At CFN, we combine technical fluency with regulatory insight to help our clients stay compliant while capturing new opportunities.
Virtual Assets Compliance (VASP Licensing & AML)
We advise Virtual Asset Service Providers (VASPs) on licensing registration and ongoing compliance under related AML/KYC regulations. Our support includes internal control and AML system design, and guidance on reporting obligations applicable to exchanges, custodial services, and wallet providers.
Token Issuance & Digital Asset Investments (ICO / STO / IEO)
We help clients structure their projects involving stablecoin and RWA tokenization. We also advise on NFT ecosystems, including IP ownership rights management, NFT marketplaces, gaming law compliance, and tokenomics legal architecture, ensuring alignment with applicable laws, corporate governance standards and investment regulations.
Cross-Border Transactions & FX Compliance
Since fiat and digital asset movements are both governed by the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, cross-border activities such as investments, token sales, and remittances require careful legal design. We help clients manage reporting requirements, secure necessary approvals, and construct settlement frameworks to meet regulatory expectations.
Blockchain Platforms, DeFi & Custodial Solutions
We advise on compliance and risk mitigation strategies for DeFi protocols, staking arrangements, NFT marketplaces, and custodial solutions. We conduct reviews of smart contract implications, advise on consumer safeguard protocols, and formulate strategies for constructive engagement with the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) and other regulatory bodies.
AI, Data & Blockchain Integration
As blockchain technology transpires artificial intelligence, personal data processing, and financial analytics, adherence to the Personal Data (Privacy) Ordinance (PDPO) and other sector-specific rules becomes key. We advise on compliant data acquisition, promoting algorithmic accountability, and the lawful utilization of sensitive information within AI-powered blockchain applications.
Litigation
Our team of litigators advise clients on digital asset enforcement and litigation matters, including regulatory compliance for token launches and distributions, personal data protection, centralized and decentralized trading platforms, insider trading, market manipulation, and money laundering and sanctions compliance.
Insights & News
Breaking News and Legal Developments
Partner Kevin Tsen Joins HKU Career Event, Exploring Opportunities in Legal and Finance Sectors
Partner Bowie Fung Featured in Asian Legal Business (ALB) International Women’s Day Roundtable
Celebrating Friendship and Milestones — CFN Lawyers at Anli Partners’ 25th Anniversary Event
Practice Areas
