Julia Leung on Hong Kong's Three New Virtual Asset Regulatory Measures
On Feb 11, SFC CEO Julia Leung announced three new initiatives at Consensus Hong Kong 2026 to build a regulatory framework. First, brokers can provide margin financing to creditworthy clients using securities or virtual assets (initially BTC and ETH).
Second, a framework will allow platforms to offer perpetual contracts, currently limited to professional investors, emphasizing transparent rules.
Third, restrictions on affiliated market makers are removed if they operate functionally independent departments. Leung concluded by urging closer industry collaboration and communication with regulators. 
Source：Consensus Hong Kong 2026

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Original Author: He Hao, Wall Street Insights

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Author: The Economist
Compiled by: TechFlow TechFlow
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