Hong Kong Plans to Permit Crypto Derivatives Trading for Professional Investors
The Securities and Futures Commission of Hong Kong plans to permit professional investors to trade crypto derivatives, enhancing the territory's virtual asset market.
- Crypto derivatives market volume reached $21 trillion in Q1 2025, compared to $4.6 trillion for spot trading.
- Industry stakeholders have advocated for licensing of crypto derivatives trading.
- Jean-David Péquignot from Deribit stated that regulations for crypto derivatives are essential for Hong Kong.
- The legislative council recently approved a bill for stablecoin licensing.