Hong Kong Aims to Become Asia's Digital Asset Hub with New Derivative Products, Says SFC CEO at Consensus 2025

Hong Kong is actively working to establish itself as a central hub for digital asset services in Asia, as highlighted during the Consensus 2025 conference.

Julia Leung, CEO of the Securities and Futures Commission (SFC) of Hong Kong, announced that the SFC is considering approving new cryptocurrency and virtual asset products as derivatives, allowing margin trading for a select group of investors. This move is part of Hong Kong's broader strategy to become a key player in the digital asset market.

Additionally, Hong Kong Financial Secretary Paul Chan Mo-po emphasized the city's commitment to maintaining a stable, open, and vibrant market for digital assets. The SFC has already granted licenses to nine digital asset trading platforms, with eight more applications under review. Furthermore, Hong Kong is also addressing regulations concerning stablecoins, aiming to further solidify its position in the digital asset space.

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