Verified restriction · key points (not the full text)
BMA digital asset business licences and regulated activities
Document text
Verified restriction: key points stated in the official source
Three licences: Test, Modified and Full
Regulated activities cover issuance/redemption, payments, wallets and custody
Licence type sets capital, governance and compliance thresholds
Independent source key points; not an official full text or licensed full translation.
Because the source’s reuse terms do not authorise commercial full-text republication, this page presents key points independently compiled by Man Kun. It is not the official full text or a complete translation. Please consult the official source for the complete document and its annexes.
Key cautions
- Three licences: Test, Modified and Full
- Regulated activities cover issuance/redemption, payments, wallets and custody
- Licence type sets capital, governance and compliance thresholds