Hong Kong unveils regulatory framework for crypto perpetual futures

Hong Kong authorities have unveiled a regulatory framework allowing cryptocurrency exchanges to offer perpetual futures products, CoinDesk reported from the Consensus Hong Kong 2026 conference. These offerings will be available exclusively to professional investors and will require specific disclosures and internal risk management systems. Separately, the Hong Kong Securities and Futures Commission (SFC) also released guidelines permitting licensed brokers to offer crypto margin products collateralized by BTC and ETH. In addition, the Hong Kong Monetary Authority (HKMA) plans to issue its first stablecoin issuance license in March.