Four PillarsFour PillarsAsia Digital Asset Policy Center

Advisory Network

Jay Lee

Partner, Hauzen LLP

Hong KongLawyer

About

Jay Lee is a lawyer admitted as a solicitor in Hong Kong and as an attorney in New York. He holds a Juris Doctor from Columbia University Law School and began a Tax LLM at New York University Law School, which is on leave of absence. He speaks English, Chinese and Korean. He has also worked on debt capital markets, pre-IPO funding and structured financings.

He is a Partner at Hauzen LLP in Hong Kong. He advises on the regulatory, disputes and transactional sides of crypto assets, tokenisation, security tokens, DeFi and Web3. His clients include licensed digital asset exchanges and other virtual asset service providers in Hong Kong, Korea, Singapore and the US. He also teaches these subjects in the Master of Information Technology programme at The Chinese University of Hong Kong.

He writes regularly on Hong Kong's virtual asset rules. His recent co-authored pieces cover the SFC's November 2025 changes for trading platforms, including shared order books. They also cover the planned licensing regimes for virtual asset dealing, custody, advisory and management services. Chambers and Partners ranked him in Band 3 as a Notable Practitioner in FinTech Legal (International Firms) in its FinTech Guide 2026.

Policy engagement

Advises licensed virtual asset platforms in Hong Kong and Korea. Co-authored Hauzen's November 2025 analysis of the SFC's VATP upgrades on shared global order books, wider product ranges and tighter risk controls.

Source: Hauzen LLP, 7 Nov 2025: SFC upgrades for VATPs

Key actions

  1. Co-authored an analysis of Hong Kong's planned licensing regimes for virtual asset dealing, custody, advisory and management services.

    Source

  2. Co-authored an analysis of Policy Statement 2.0 and its tokenisation framework.

    Source

  3. Ranked Band 3 Notable Practitioner in FinTech Legal (International Firms) in the Chambers FinTech Guide 2026.

    Source

  4. Co-authored an analysis of the SFC's 3 November 2025 circulars allowing shared order books and wider products for virtual asset trading platforms.

    Source

Also in Hong Kong