On February 11, it was reported that Hong Kong financial regulators are accelerating the rollout of perpetual contracts to enrich the local cryptocurrency market product offerings. Hong Kong Securities and Futures Commission (SFC) Chairwoman Julia Leung stated at the 2026 Hong Kong Consensus Conference that regulators are about to announce an advanced framework allowing regulated trading platforms to offer perpetual futures contracts to institutional clients.
According to Leung, this framework is primarily aimed at institutional investors and does not currently apply to retail clients, with a focus on risk management and customer fairness. Brokers will in the future be able to provide financing services to creditworthy institutional clients, with collateral including Bitcoin (BTC) and Ethereum (ETH) to ensure market stability.
Additionally, trading platforms participating in perpetual contract trading will be required to establish independent market-making departments and implement strict conflict-of-interest rules to ensure trading transparency and compliance. Leung pointed out that these measures are an extension of Hong Kong’s 2025 cryptocurrency development roadmap, aimed at promoting the maturity and innovation of the local digital asset market.
Leung also added that the SFC will soon release more details, including platform access requirements and risk control standards, while continuing to develop custody services and related markets to support the smooth implementation of innovative products like perpetual contracts. This signifies that Hong Kong will gradually become an important financial hub for high-level crypto derivatives services, offering more diversified investment and financing opportunities for institutional investors.
Industry analysts believe this move will enhance Hong Kong’s competitiveness in the Asia-Pacific digital asset market, while providing institutional investors with a low-friction, regulated environment for perpetual contract trading, potentially attracting more global capital into the local cryptocurrency market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin breaks through $72,000; the ascending triangle pattern suggests a target of $80,000
Bitcoin’s price rose 6.7% on Wednesday to $72,379, influenced by easing tensions between the US and Iran and falling oil prices. Investor risk-avoidance sentiment eased, driving crypto and traditional assets to rise in tandem. Technical indicators show strong upward momentum for Bitcoin; if it breaks through $74,500, it could further test the $76,000 or $80,000 targets.
GateNews2m ago
SEC report disclosure: In the Gary Gensler era, crypto cases “did not bring benefits to investors”
The U.S. Securities and Exchange Commission (SEC) acknowledged in its FY 2025 enforcement report that crypto registration cases under the leadership of the former chair did not effectively protect investors. The current chair, Paul Atkins, emphasized that the focus will be on fraud and market manipulation that directly affect investors’ interests, and has already withdrawn enforcement actions against several crypto companies, which is expected to improve the compliance environment for crypto businesses. This indicates that the SEC is re-evaluating its regulatory strategy, with an emphasis on market health and investor protection.
GateNews7m ago
Bitcoin Archive Data: 21% of Bitcoin’s total supply is held by long-term holders
Gate News update: On April 8, according to Bitcoin Archive data, 21% of the total Bitcoin supply is currently held by long-term holders.
GateNews8m ago
Within 2 hours after the Iran–Israel ceasefire news landed, a certain CEX derivatives market saw aggressive buy orders totaling $2.7 billion
Gate News update. On April 8, according to data from analyst Darkfost, after news of a two-week ceasefire agreement between the United States and Iran was confirmed, within 2 hours Bitcoin saw $2.7 billion in aggressive buy volume (taker orders) in a certain CEX derivatives market. After geopolitical developments eased, the Bitcoin price rose to about $71,700.
GateNews29m ago
Bitcoin spikes to $72k but then shows a “fake bull”? With the ceasefire agreement layered on top and options expiring, undercurrents are roiling in the market
After the U.S. and Iran reached a ceasefire agreement, Bitcoin quickly rebounded to $72,000, indicating how sensitive the market is to macro events. However, derivatives market data shows that this rally was mainly driven by easing hedging sentiment rather than new inflows, and that implied volatility in the options market has fallen, suggesting that near-term risks are being released. The next few days will be critical: a large amount of Bitcoin and Ethereum options are expected to expire, which could influence the direction of the market.
GateNews1h ago
