PANews reported on June 5 that according to CoinDesk, the Hong Kong Securities and Futures Commission plans to allow professional investors to trade crypto derivatives to expand the local virtual asset market. Data shows that the trading volume of the derivatives market reached 21 trillion US dollars in the first quarter of 2025, far higher than the 4.6 trillion US dollars in the spot market. Previously, the Hong Kong Legislative Council had passed the Stablecoin Licensing Bill to promote the construction of a virtual asset regulatory system. The industry believes that derivatives rules are a key piece in Hong Kong's compliance puzzle.