TechFlow News, February 11: According to Foresight News, Ashley Alder, Chief Executive Officer of the Securities and Futures Commission (SFC) of Hong Kong, stated at Consensus 2026 that the SFC is refining the regulatory ecosystem for virtual assets and announced three new initiatives:
First, margin financing: Brokers will be permitted to offer margin financing to creditworthy clients, with collateral including both securities and virtual assets—initially limited to BTC and ETH only.
Second, perpetual contracts: A high-level regulatory framework will be introduced, allowing licensed platforms to offer perpetual contracts to professional investors.
Third, affiliated market makers: Regulations will be relaxed to permit licensed platforms to provide liquidity through affiliated market-making units.
Alder also noted that tokenized assets are developing rapidly—the assets under management (AUM) of tokenized gold have reached $400 million, doubling within six months. To date, 11 tokenized money market funds have been authorized, and Project Ensemble is piloting the settlement of money market funds using tokenized deposits.
