[The Hong Kong Securities and Futures Commission is considering introducing virtual asset derivative product trading for professional investors] Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, stated today in response to a question from legislator Lee Wai-hung at the Hong Kong Legislative Council that the Hong Kong Securities and Futures Commission is considering introducing virtual asset derivative product trading for professional investors and will consider robust Risk Management measures; the Hong Kong Financial Services and the Treasury Bureau will publish a second policy declaration on the development of virtual assets, outlining the next steps in policy vision and direction. Additionally, it will further optimize the preferential tax system for funds, single-family offices, and ancillary rights, including incorporating virtual assets into qualified transactions that enjoy tax relief.
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The Hong Kong Securities and Futures Commission is considering introducing virtual asset derivative product trading for professional investors.
[The Hong Kong Securities and Futures Commission is considering introducing virtual asset derivative product trading for professional investors] Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, stated today in response to a question from legislator Lee Wai-hung at the Hong Kong Legislative Council that the Hong Kong Securities and Futures Commission is considering introducing virtual asset derivative product trading for professional investors and will consider robust Risk Management measures; the Hong Kong Financial Services and the Treasury Bureau will publish a second policy declaration on the development of virtual assets, outlining the next steps in policy vision and direction. Additionally, it will further optimize the preferential tax system for funds, single-family offices, and ancillary rights, including incorporating virtual assets into qualified transactions that enjoy tax relief.