<ul><li>Hong Kong is set to launch virtual asset derivatives for professional investors, as announced by Financial Secretary Christopher Hui Ching-yu.</li><li>The new derivatives product aims to allow experienced investors to engage in risk management strategies like hedging and leveraging, enhancing liquidity in spot crypto markets.</li><li>Strict risk controls and compliance measures will be implemented by the Securities and Futures Commission (SFC) to ensure transparent and secure trading.</li><li>This initiative strengthens Hong Kong's standing in the global digital asset sector, following recent approvals for staking services and the launch of the city's first approved crypto fund.</li></ul>

Hong Kong to Launch Virtual Asset Derivatives for Professional Investors

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