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

Hong Kong's Secretary for Financial Services and the Treasury, Hui Cheng-yu, said in the Hong Kong Legislative Council today that the Hong Kong Securities Supervision Commission is considering the introduction of virtual asset derivatives 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 declaration on the development of virtual assets, setting out the policy vision and direction for the next step. In addition, it will further optimize the preferential tax regime for funds, single family offices and carried interests, including the inclusion of virtual assets in eligible transactions that can enjoy tax relief.