This CPT course examines the integration of virtual assets into Hong Kong’s financial sector, focusing on the anti-money laundering (AML) and counter-terrorist financing (CFT) obligations for licensed firms. As Hong Kong solidifies its position as a digital asset hub, SFC-licensed professionals must navigate a sophisticated regulatory landscape to manage the risks associated with pseudonymity, decentralization, and the rapid movement of capital across borders. The course provides a technical understanding of the compliance responsibilities inherent in the current regulatory regime, ensuring participants can identify, assess, and mitigate risks within their operational frameworks. By addressing the intersection of traditional financial oversight and digital innovation, the curriculum prepares practitioners to maintain the integrity of their platforms while fulfilling their fiduciary and statutory duties. The course content covers the primary regulatory instruments governing the local industry, including the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO, Cap. 615) and the Securities and Futures Ordinance (SFO, Cap. 571). It details the requirements for virtual asset service providers (VASPs) and OTC dealers, including the fit and proper test for operators, licensing obligations, and the practical application of the Travel Rule. Furthermore, the program highlights how regulators balance market growth with investor protection, addressing specific challenges such as stablecoin issuance, staking, lending, and derivative products. The structure of this course follows a logical progression from regulatory foundations to operational execution. Participants will begin by reviewing global standards set by FATF Recommendation 15 before moving into the specificities of the Hong Kong dual licensing framework. Subsequent modules emphasize tactical compliance measures, such as enhanced due diligence (EDD) for high-risk clients, the use of blockchain analytics for transaction monitoring, and the establishment of robust internal controls, including asset segregation and cybersecurity. The final sections place the Hong Kong regulatory environment into a global context, contrasting it with international standards like the EU’s MiCA regulation to offer a broader perspective on cross-border compliance trends.