The Hong Kong Securities and Futures Commission (SFC) is set to unveil a new cryptocurrency roadmap for shaping the future of virtual assets in the region.
Hong Kong’s Upcoming Cryptocurrency Roadmap
According to an announcement by SFC CEO Ashley Alder at the Consensus forum, the roadmap will explore various strategic directions, including expanding product and service offerings for licensed virtual asset trading platforms.
SFC will consider allowing staking, introducing derivative products for professional investors, and exploring margin loans for select clients. The SFC also plans to optimize operational processes, focusing on hot and cold wallet regulations, as well as custody and insurance requirements.
LTP HK Secures Multiple Licenses from SFC
Hong Kong is already paving the way for a conducive environment for crypto trading businesses. As part of this effort, Liquidity Tech Limited (LTP HK), the Hong Kong subsidiary of institutional prime brokerage LTP, has secured licenses from the Hong Kong Securities and Futures Commission (SFC) to conduct several regulated activities.
These include licenses for dealing in securities, futures contracts, advising on securities and futures, and asset management. This achievement positions LTP HK as the first virtual asset-focused prime brokerage licensed to offer a broad range of regulated services. With these approvals, LTP HK is set to provide institutional clients, such as hedge funds, asset managers, and proprietary trading firms—secure, compliant financial services.
Furthermore, SFC also granted a license to Bullish, which is a leading virtual asset trading platform, bringing the total number of licensed platforms in Hong Kong to 10.
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