Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Hong Kong may introduce derivative license plate number 11 in 2025

Hong Kong may introduce derivative license plate number 11 in 2025

2023/12/29 15:15

"Ta Kung Pao" today published an article on page A17, pointing out that the Hong Kong Special Administrative Region Government strongly supports the development of virtual assets and green finance, while providing strong support for family offices. Since last year, the SAR government has gradually relaxed its investment policies on cryptocurrencies. The Hong Kong Stock Exchange has become the first exchange in Asia to offer cryptocurrency ETF products, with a current scale of 30 billion yuan. At the same time, the SAR government has taken the lead in establishing Web 3.0 Association and issuing virtual asset management licenses to promote standardization of this business and build a Web 3.0 ecosystem. Currently, some financial institutions have obtained virtual asset management licenses. The subdivision of Hong Kong's financial licenses is clear, with regulations for 12 categories of licenses. The improvement of financial licensing will further drive the development of financial markets. It is expected that by 2025, Hong Kong may introduce derivative product license number "11".

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!