Hong Kong Takes Leap Forward: Crypto Derivatives Trading for Professional Investors Unveiled

Hong Kong is preparing to launch crypto derivatives trading, marking a significant policy shift in the virtual asset sector. The initiative, spearheaded by the Hong Kong Securities and Futures Commission (SFC), aims to position the city as a global leader in digital assets. This move will focus on perpetual contracts for Bitcoin and Ethereum initially, aiming to capture a larger share of the digital asset market.