Hong Kong has been ramping up efforts to strengthen its place as a digital asset hub. Hong Kong’s Securities and Futures Fee (SFC) plans to introduce digital asset derivatives buying and selling for skilled buyers.
In accordance with a 4 June 2025 China Every day report, Christopher Hui Ching-yu, Secretary for Monetary Companies and the Treasury, mentioned the transfer is a part of the town’s push to bolster its world digital asset market competitiveness.
The SFC mentioned strong danger administration measures can be prioritized in keeping with the transfer. It will guarantee trades are carried out “in an orderly, clear and safe method.”
HONG KONG PLANS TO LEGALIZE #BITCOIN & CRYPTO DERIVATIVES TRADING!
ASIA’S ALL-IN ON BITCOIN BULL RUN!pic.twitter.com/1BwQfkWeJh
— Marzell (@MarzellCrypto) June 5, 2025
In accordance with the SFC, the proposed product will facilitate environment friendly danger transfers, enhance liquidity within the underlying spot markets — the place cryptocurrencies are traded for instant fee and supply — and help skilled buyers in partaking in hedging and leveraging methods.
Moreover, Hui mentioned that the Monetary Companies and the Treasury Bureau is making ready to problem the second coverage assertion on digital belongings, laying out future coverage instructions.
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Lively Digital Asset Improvement Since October 2022
This follows the discharge of Hong Kong Particular Administrative Area authorities’s first coverage assertion on digital asset growth in October 2022, which set out its stance and technique to construct a vibrant crypto ecosystem within the metropolis.
Earlier this 12 months, the SFC outlined plans to broaden the vary of digital asset services out there to various kinds of buyers.
As a part of its efforts, the SFC permitted staking companies for digital belongings, enabling buyers to earn extra returns.
In April, the SFC permitted two licensed digital asset buying and selling platforms to supply staking companies underneath particular circumstances. This was adopted by two SFC-authorized digital asset spot alternate traded funds (ETFs) revising their documentation to interact in staking actions.
Discover: Hong Kong SFC Greenlights Staking Companies For Licensed Crypto Platforms
Hong Kong SFC Greenlights Staking Companies For Licensed Crypto Platforms
In April 2025, Hong Kong’s SFC formally approved licensed digital asset buying and selling platforms to supply staking companies. This transfer was aimed to strengthen the town’s standing as a number one hub for digital belongings within the Asia-Pacific area.
The announcement was made in tandem with a keynote speech by SFC Government Director Christina Choi on the 2025 Hong Kong Web3 Pageant. Choi talked about how blockchain has the potential to reshape finance.
Moreover, Hong Kong-based cryptocurrency alternate HashKey obtained regulatory approval to supply staking companies. This transfer was meant to increase the attraction of proof-of-stake (PoS) investments like spot Ether ETFs amongst institutional buyers.
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Key Takeaways
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Hong Kong’s Securities and Futures Fee (SFC) plans to introduce digital asset derivatives buying and selling for skilled buyers.
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Hong Kong has been ramping up efforts to strengthen its place as a digital asset hub.
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