Hong Kong is considering new regulations to approve derivatives and margin lending for virtual assets, aiming to strengthen its position as a global hub for digital assets. The move is part of the city’s broader strategy to become a leading virtual asset trading centre. The Securities and Futures Commission is working to enhance Hong Kong’s competitiveness in the sector. This effort includes issuing licences to virtual asset trading platforms.
Hong Kong has already issued nine licences, with more applications under review. The government is also working on advancing regulations for stablecoins. A detailed roadmap for virtual asset growth will be released soon, outlining future plans. Hong Kong competes with cities like Singapore and Dubai to become a leading centre for digital finance.