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<p>📍 Hong Kong just took another step toward regulated perps.

SFC chief Julia Leung says a new framework is coming that will let licensed exchanges offer crypto perpetual futures, but only for institutional players (for now).

On top of that:
Brokers will be able to offer loans backed by BTC & ETH. The focus is on risk controls, collateral, and market-making with safeguards

Slow, regulated, institutional-first… but it clearly keeps Hong Kong in the race as a serious Asia crypto hub.

#Crypto #Bitcoin #Ethereum #Defi</p>

📍 Hong Kong just took another step toward regulated perps.
SFC chief Julia Leung says a new framework is coming that will let licensed exchanges offer crypto perpetual futures, but only for institutional players (for now).
On top of that:
Brokers will be able to offer loans backed by BTC & ETH. The focus is on risk controls, collateral, and market-making with safeguards
Slow, regulated, institutional-first… but it clearly keeps Hong Kong in the race as a serious Asia crypto hub.
#Crypto #Bitcoi

📍 Hong Kong just took another step toward regulated perps. SFC chief Julia Leung says a new framework is coming that will let licensed exchanges offer crypto perpetual futures, but only for institutional players (for now). On top of that: Brokers will be able to offer loans backed by BTC & ETH. The focus is on risk controls, collateral, and market-making with safeguards Slow, regulated, institutional-first… but it clearly keeps Hong Kong in the race as a serious Asia crypto hub. #Crypto #Bitcoin #Ethereum #Defi

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