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Hong Kong SFC Plans Approval of Digital Asset Derivatives Trading for Investors

  • Hong Kong Securities and Futures Commission (SFC) plans to introduce digital asset derivatives trading for professional investors, aiming to expand its global virtual asset market position.
  • The SFC will prioritize robust risk management and implementation of orderly, transparent, and secure trades for the new digital asset derivatives in Hong Kong.
  • Hong Kong is enhancing its fintech sector by offering tax concessions to attract global digital asset firms, with more than 1,100 fintech companies already operating in the region.
  • Recent policy developments in Hong Kong include tax law changes to provide relief to digital asset-related entities and the approval of various virtual asset products, strengthening the country's position as a growing digital asset center.

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