SFC Expands Crypto Framework to Margin & Perpetual Trading

[etfs]

Alongside licensing Victory Fintech, Hong Kong’s SFC recently clarified that licensed brokers can now offer virtual asset margin financing, initially using Bitcoin and Ether as collateral.

The regulator also set a framework allowing trading platforms to offer perpetual contracts exclusively to professional investors. This reinforces Hong Kong’s position as a tightly regulated yet evolving hub for cryptocurrency trading.

[tradelikepro]

virtual asset margin financing with btc and eth as collateral… professional investors only, phew