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 keeping with a 4 June 2025 China Every day report, Christopher Hui Ching-yu, Secretary for Monetary Providers and the Treasury, mentioned the transfer is a part of the town’s push to bolster its international digital asset market competitiveness.
The SFC mentioned sturdy threat administration measures will probably be prioritized in keeping with the transfer. This may guarantee trades are performed “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 keeping with the SFC, the proposed product will facilitate environment friendly threat transfers, enhance liquidity within the underlying spot markets — the place cryptocurrencies are traded for speedy fee and supply — and assist skilled buyers in participating in hedging and leveraging methods.
Moreover, Hui mentioned that the Monetary Providers and the Treasury Bureau is getting ready to situation the second coverage assertion on digital belongings, laying out future coverage instructions.
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Lively Digital Asset Growth Since October 2022
This follows the discharge of Hong Kong Particular Administrative Area authorities’s first coverage assertion on digital asset improvement in October 2022, which set out its stance and technique to construct a vibrant crypto ecosystem within the metropolis.
Earlier this yr, the SFC outlined plans to broaden the vary of digital asset services and products accessible to several types of buyers.
As a part of its efforts, the SFC permitted staking providers for digital belongings, enabling buyers to earn extra returns.
In April, the SFC accepted two licensed digital asset buying and selling platforms to supply staking providers underneath particular situations. This was adopted by two SFC-authorized digital asset spot trade traded funds (ETFs) revising their documentation to interact in staking actions.
Discover: Hong Kong SFC Greenlights Staking Providers For Licensed Crypto Platforms
Hong Kong SFC Greenlights Staking Providers For Licensed Crypto Platforms
In April 2025, Hong Kong’s SFC formally licensed licensed digital asset buying and selling platforms to supply staking providers. This transfer was aimed to bolster 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 Competition. Choi talked about how blockchain has the potential to reshape finance.
Moreover, Hong Kong-based cryptocurrency trade HashKey obtained regulatory approval to supply staking providers. This transfer was meant to broaden the attraction of proof-of-stake (PoS) investments like spot Ether ETFs amongst institutional buyers.
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Key Takeaways
Hong Kong’s Securities and Futures Fee (SFC) plans to introduce digital asset derivatives buying and selling for skilled buyers.
Hong Kong has been ramping up efforts to strengthen its place as a digital asset hub.
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