#密码资产动态追踪 The Hong Kong Monetary Authority officially launched a new chapter in cryptocurrency asset regulation in January this year. According to the Basel international standards, they divided crypto assets into two main categories — the first being tokenized traditional assets and compliant stablecoins, with relatively moderate risk weights; the second category includes mainstream coins like $BTC and $ETH, which are directly assigned a risk weight of 1250%. In other words, banks need to hold nearly 1:1 capital to cover these exposures, based on an 8% capital adequacy ratio standard. This move not only closes the risk gap but also leaves room for innovation. For holders of cryptocurrencies, this means higher entry barriers for banks, but it also indicates that regulators are taking this market seriously.