1 week ago
Crypto derivatives are a overmuch larger marketplace than spot trading.
Jun 5, 2025, 5:20 a.m.
The Securities and Futures Commission, Hong Kong’s securities regulator, is readying to let nonrecreational investors to commercialized crypto derivatives, marking a important enlargement of the territory’s virtual plus marketplace offerings, according to a study from China Daily.
Crypto derivatives are a considerably larger marketplace than spot trading. Data from TokenInsight shows that the crypto derivatives marketplace pushed done $21 trillion successful measurement for the archetypal 4th of the year, compared to $4.6 trillion successful spot volume.
Stakeholders successful the manufacture person agelong called for Hong Kong to licence crypto derivatives trading.
Speaking to the South China Morning Post earlier this year, Jean-David Péquignot, main commercialized serviceman of Deribit, 1 of the largest derivatives exchanges, said crypto derivatives rules were a missing portion of authorities for Hong Kong.
Hong Kong's legislative council, its parliamentary body, recently passed a bill that would let for the licensing of stablecoins successful the city.
Sam Reynolds
Sam Reynolds is simply a elder newsman based successful Asia. Sam was portion of the CoinDesk squad that won the 2023 Gerald Loeb grant successful the breaking quality class for sum of FTX's collapse. Prior to CoinDesk, helium was a newsman with Blockworks and a semiconductor expert with IDC.
English (US) 