The leveraged game left behind by Wall Street, Hong Kong tycoons are finally going to enter legally!

The Hong Kong Securities and Futures Commission (SFC) is planning to open virtual asset derivatives trading (futures, options, etc.) for professional investors. In simple terms, this means licensed institutions and high-net-worth individuals (personal threshold: assets over 8 million HKD) can legally leverage, hedge risks, and even short-sell in Hong Kong.

Why is this exciting?

Derivatives are the main battlefield in the crypto space: global crypto derivatives trading accounts for over 74%, far surpassing spot trading (Bitcoin's high volatility + leverage mechanism allows small funds to achieve large returns).

Hong Kong's ambitions are clear: following the licensing of 10 platforms, the push for derivatives is clearly aimed at seizing global virtual asset pricing power and attracting international large funds.

Retail investors, don't be jealous: The SFC only dares to open the floodgates to professional players, after all, leverage is a double-edged sword—how many people went bankrupt when LUNA collapsed? Conversely, those who can short are the winners in chaotic times.

Hong Kong is determined to become a Web3 hub, even bringing out the “financial nuclear weapon”! Industry compliance is taking another step forward, which is a long-term benefit!

Leverage is fiercer than a tiger, professional players cutting each other up more ruthlessly, beware of increased market volatility! Newbies should definitely stay away, be careful not to become cannon fodder!

With a “legal arena,” will the tycoons lead the market or stir up a bloody storm? Should ordinary investors applaud or run away? Let’s discuss in the comments! For crypto insights, click on my profile to follow me and learn more. Enjoy potential hundredfold bullish coins deployment and daily spot strategies!