Hong Kong securities regulators recently made policy adjustments for securities service providers. According to the compliance guidelines from relevant regulatory authorities, multiple licensed securities platforms announced that they will launch a new identity verification system starting from January 2, 2026. This system will implement stricter classification management of users' geographic locations and account jurisdictions.
This initiative mainly targets platforms that automatically identify the identity and IP addresses of users from mainland China for regulation. Industry insiders point out that this is an important step for the Hong Kong Securities and Futures Commission to continuously strengthen cross-border business risk management, aiming to ensure the compliant operation of trading platforms.
For affected users, the relevant platforms have issued prior notices, providing ample transition periods. This policy adjustment reflects Hong Kong's increasingly standardized trend in the regulation of digital asset trading as a global financial center.
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LostBetweenChains
· 1h ago
Time to change IP again, so annoying
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Is the Hong Kong Securities and Futures Commission restricting mainland users? The promised transition period results are still difficult
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2026 is still early, but it seems I need to find alternative plans in advance
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Cross-border transactions are becoming more and more difficult. Compliance is compliance, but user experience suffers so much
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The halo of Hong Kong as a financial center is fading, with policies coming one after another
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Does this move mean that many people will have to transfer assets
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Notifying more than half a year in advance indicates it's a big deal
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BridgeTrustFund
· 10h ago
Here comes a new regulation to harvest retail investors again, starting next year, IP checks will be implemented.
Compliance is getting stricter and stricter, Hong Kong Stock Exchange is making moves.
Wait, are they trying to push mainland users out?
Oh my, more account troubles again, so troublesome.
Hong Kong as a financial center, regulations are becoming increasingly hardcore.
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SchrodingerWallet
· 10h ago
Here we go again with IP recognition. Where's the promised decentralization?
Are they really going to start restricting people in mainland China? See you in January 2026.
Hong Kong's methods are getting more and more aggressive. Compliance is just gradually eroding it.
Time to change your VPN.
Wait, is this forcing people to go on-chain?
Not to mention, someone is going to run away again this time.
I predicted this would happen a long time ago. Those who acted early should have already escaped.
This move is truly brilliant. What's the next step?
Oh no, my account is... never mind.
Wow, the regulators' reach is really long.
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AllInAlice
· 10h ago
Here we go again, this IP recognition system... I already guessed it would be like this.
Will it only be implemented in 2026? That's such a delay.
Hong Kong is tightening regulations, but the real question is who is actually using these platforms.
Cross-border regulation, to put it simply, is still a political consideration.
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MemeKingNFT
· 10h ago
Here we go again, Hong Kong is tightening up again... I've always said regulation is the trend, and now it's really coming to the forefront. There is still more than a year of buffer time until 2026, but on-chain data doesn't lie. After this wave, there will likely be a wave of outflows.
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WalletDoomsDay
· 10h ago
You're causing trouble again. 2026 is still early, don't mess around.
Hong Kong is about to start restricting IPs again. Basically, it's to prevent mainland Chinese from trading cryptocurrencies.
Why does it seem like all exchanges are imposing various restrictions? Who can they really prevent?
The transition period is quite sufficient, but then you'll have to go through the account hassle again.
Standardization is standardization. Anyway, there will always be ways for opportunists to find loopholes.
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MissedTheBoat
· 10h ago
Here we go with restrictions again, IP addresses need to be checked, compliance compliance, making it look like an intelligence agency.
Hong Kong securities regulators recently made policy adjustments for securities service providers. According to the compliance guidelines from relevant regulatory authorities, multiple licensed securities platforms announced that they will launch a new identity verification system starting from January 2, 2026. This system will implement stricter classification management of users' geographic locations and account jurisdictions.
This initiative mainly targets platforms that automatically identify the identity and IP addresses of users from mainland China for regulation. Industry insiders point out that this is an important step for the Hong Kong Securities and Futures Commission to continuously strengthen cross-border business risk management, aiming to ensure the compliant operation of trading platforms.
For affected users, the relevant platforms have issued prior notices, providing ample transition periods. This policy adjustment reflects Hong Kong's increasingly standardized trend in the regulation of digital asset trading as a global financial center.