Verified restriction · key points (not the full text)
BSP definition and regulatory treatment of virtual assets
Document text
Verified restriction: key points stated in the official source
Virtual assets are defined functionally (payment or investment use)
May be characterised as property, funds, proceeds or corresponding value
Easy transferability after fiat conversion underpins the regulatory rationale
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
- Virtual assets are defined functionally (payment or investment use)
- May be characterised as property, funds, proceeds or corresponding value
- Easy transferability after fiat conversion underpins the regulatory rationale