Hong Kong Securities and Futures Commission is considering introducing virtual asset derivatives trading for professional investors

Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, stated today in response to a question from legislator Lee Wai-hong in the Hong Kong Legislative Council that the Hong Kong Securities and Futures Commission is considering introducing virtual asset derivative trading for professional investors and will consider robust risk management measures. The Hong Kong Financial Services and the Treasury Bureau will issue a second policy statement on the development of virtual assets, outlining the next steps in policy vision and direction. Additionally, it will further optimize the preferential tax regime for funds, single family offices, and carried interest, including incorporating virtual assets into eligible transactions for tax relief.