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Hong Kong Wants to Bet on $70 Trillion Crypto Derivatives Market
Hong Kong’s financial markets regulator plans to allow crypto derivatives trading for professional investors, aiming to expand product offerings in the asset class and strengthen the city’s global competitiveness, China Daily reported. Crypto Derivatives in Hong Kong The Securities and Futures Commission (SFC), which oversees the broader financial services sector in the autonomous jurisdiction, emphasised that its priority is risk management and ensuring trades are executed “in an orderly, transparent and secure manner.” According to the regulator, legalising crypto derivatives would enhance liquidity in the ... (full story)
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