High Leverage Crypto Futures Products Unlikely to Receive Go Ahead from Hong Kong Regulator

The Securities and Futures Commission (SFC) of Hong Kong has just issued a warning about high leverage crypto futures contracts. The regulator considers such products to be too high risk for the average investor and, as such, says it is unlikely to ever licence a business offering them.
The news follows piecemeal new regulatory measures detailed by the CEO of the SFC, Ashley Alder. Crypto asset exchanges offering at least one product deemed a futures contract or an asset considered a security wi