{"id":30311,"date":"2025-06-05T05:31:45","date_gmt":"2025-06-05T05:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30311"},"modified":"2025-06-05T05:31:45","modified_gmt":"2025-06-05T05:31:45","slug":"hong-kong-set-to-allow-crypto-derivatives-trading","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30311","title":{"rendered":"Hong Kong Set to Allow Crypto Derivatives Trading"},"content":{"rendered":"<div>\n<p>The Securities and Futures Commission, Hong Kong\u2019s securities regulator, is planning to allow professional investors to trade crypto derivatives, marking a significant expansion of the territory\u2019s virtual asset market offerings, according <a href=\"https:\/\/www.chinadailyasia.com\/hk\/article\/613250\">to a report from China Daily<\/a>.<\/p>\n<p>Crypto derivatives are a considerably larger market than spot trading. <a href=\"https:\/\/tokeninsight.com\/en\/research\/reports\/crypto-exchanges-report-q1-2025\">Data from TokenInsight shows<\/a> that the crypto derivatives market pushed through $21 trillion in volume for the first quarter of the year, compared to $4.6 trillion in spot volume. <\/p>\n<p>Stakeholders in the industry have long called for Hong Kong to license crypto derivatives trading. <\/p>\n<p><a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3299671\/crypto-derivatives-missing-piece-hong-kongs-virtual-asset-push-deribit-says\">Speaking to the South China Morning Post<\/a> earlier this year, Jean-David P\u00e9quignot, chief commercial officer of Deribit, one of the largest derivatives exchanges, said crypto derivatives rules were a missing piece of legislation for Hong Kong.  <\/p>\n<p>Hong Kong&#8217;s legislative council, its parliamentary body, <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/05\/21\/hong-kong-joins-global-race-with-new-stablecoin-licensing-bill\">recently passed a bill<\/a> that would allow for the licensing of stablecoins in the city. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Futures Commission, Hong Kong\u2019s securities regulator, is planning to allow professional investors to trade crypto derivatives, marking a significant expansion of the territory\u2019s virtual asset market offerings, according to a report from China Daily. Crypto derivatives are a considerably larger market than spot trading. Data from TokenInsight shows that the crypto derivatives [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30311","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30311"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30311\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}