BlockBeats News, June 8th, Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, previously stated in response to a legislator's question that the Hong Kong Securities and Futures Commission is considering introducing virtual asset derivative trading for professional investors and will develop robust risk management measures.
The China Times quoted analysts as pointing out that, based on international experience, it is expected that in the early stages of the policy, the Hong Kong derivative market will pilot perpetual contracts of mainstream virtual assets such as Bitcoin and Ethereum. Internationally, including the Singapore Exchange (SGX), Coinbase, the U.S. Commodity Futures Trading Commission (CFTC), and various international institutions such as the European MiFID II regulatory framework, all prioritize perpetual contracts as a key direction for virtual asset derivatives. (China Times)
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