Hong Kong’s Securities and Futures Fee (SFC) is planning to legalize buying and selling of Bitcoin and different cryptocurrency derivatives, marking a serious coverage shift geared toward positioning town as a aggressive international monetary hub
Hong Kong’s Securities and Futures Fee (SFC) is planning to legalize buying and selling of Bitcoin and different cryptocurrency derivatives, marking a serious coverage shift geared toward positioning town as a aggressive international monetary hub. The brand new rules will grant skilled buyers entry to crypto derivatives markets, reflecting rising institutional curiosity in these merchandise.
In response to TokenInsight information, the amount of crypto derivatives buying and selling reached $21 trillion within the first quarter of 2025, considerably surpassing the $4.6 trillion in spot buying and selling. This transfer aligns with broader traits in Asia towards embracing cryptocurrency markets and will improve Hong Kong’s standing within the international digital asset ecosystem.
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