What is a non-custodial wallet?

A non-custodial wallet allows users to control their private keys and funds without relying on a third party.

Are non-custodial wallets subject to SFC regulations?

Yes, non-custodial wallets must comply with SFC regulations if they provide services to users in Hong Kong.

What compliance features should be included in a non-custodial wallet?

KYC/AML measures, transaction monitoring, and user education on security practices are essential.

SFC VATP · Non-Custodial Wallet

Hong Kong Non-Custodial Wallet – Compliant Development

Launch a non-custodial wallet in Hong Kong with compliance controls mapped to SFC and SFC VATP. Block Intelligence builds production software; independent counsel handles licensing.

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Compliance scope

Hong Kong · Non-Custodial Wallet

Hong Kong requires SFC licensing for virtual asset trading platforms serving retail and institutional clients.

Jurisdiction	Hong Kong
Regulator	SFC
Product	Non-Custodial Wallet

Software

Built-in compliance controls

Self-custody key generation and secure backup flows
WalletConnect / chain signing with transaction simulation
Optional KYC-gated features for regulated on-ramps
Phishing protection and address allowlisting
Privacy-preserving analytics for product ops (not user PII)
Implement user education features for security best practices.
Enable transaction monitoring for compliance reporting.
Integrate optional KYC/AML verification for higher-risk transactions.

View Non-Custodial Wallet service Related case study

Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.

FAQ

Frequently asked questions

What is a non-custodial wallet?: A non-custodial wallet allows users to control their private keys and funds without relying on a third party.
Are non-custodial wallets subject to SFC regulations?: Yes, non-custodial wallets must comply with SFC regulations if they provide services to users in Hong Kong.
What compliance features should be included in a non-custodial wallet?: KYC/AML measures, transaction monitoring, and user education on security practices are essential.