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Hong Kong eyes crypto derivatives, margin lending in digital asset push - REUTERS

FEBRUARY 19, 2025

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HONG KONG, Feb 19 (Reuters) - Hong Kong is considering approving derivatives and margin lending in virtual assets for some investors, its financial regulator said on Wednesday, as the city seeks to boost its competitiveness as a digital assets hub and attract capital.

Hong Kong first drew up a plan to become a virtual asset trading centre in 2022 - an effort that followed Beijing's sweeping ban on all cryptocurrency transactions in mainland China the previous year.

Crypto News

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