The Hong Kong Insurance Authority is proposing a slate of new rules to channel insurance capital into assets including cryptocurrencies and infrastructure — an unprecedented move that would redirect funds to government‑prioritized sectors.
The insurance regulator would impose a 100% risk charge on crypto assets, according to a presentation on Dec. 4 seen by Bloomberg News. Stablecoin investments would attract risk charges based on the fiat currency the Hong Kong-regulated stablecoin is pegged to, the document showed.
Hong Kong Plans New Crypto, Infrastructure Rules for Insurers
