Julia Leung talks about three new measures for Hong Kong's virtual asset regulation Feb 11 – Julia Leung, CEO of the Hong Kong Securities and Futures Commission (SFC), shared during the Consensus Hong Kong 2026 dialogue that the current focus is on building a regulatory framework and announced three new measures. The first measure allows brokers to offer margin trading financing to clients with good credit standing, with collateral being either securities or virtual assets. Initially, only Bitcoin and Ethereum will be listed as eligible collateral. The second measure introduces a high-level framework permitting platforms to launch perpetual contracts, currently limited to professional investors and not available to retail investors. It emphasizes that rules must be highly clear and transparent. The third measure lifts restrictions on platform-affiliated market makers, provided they establish functionally independent market-making departments. Julia Leung concluded by urging the industry to strengthen collaboration and encouraged market participants to engage more with regulators. Source: Consensus Hong Kong 2026