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Hong Kong organizer group to allow BTC derivatives trade



The Securities and Futures Committee, the Hong Kong Securities Regulator, plans to allow professional investors to exchange coding derivatives, which represents a great expansion in the virtual assets market offers in the region, according to To a report from China Daily.

Curd derivatives are a much larger market than immediate trading. Data from tokeeninsight offers The encryption derivative market has paid $ 21 trillion in size for the first quarter of the year, compared to $ 4.6 trillion in immediate size.

The owners of the industry have long called on Hong Kong to license the trading of encryption derivatives.

Speaking to China, southern China Post Earlier this year, Jean -David Picoenot, chief trading official at Deribit, one of the largest derivative exchanges, said the coding bases were missing legislation for Hong Kong.

Hong Kong Legislative Council, Parliamentary Commission, The bill has been passed recently It would allow Stablecoins to license in the city.




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