Krutika Adani
Hong Kong’s Securities and Futures Commission (SFC) unveils fresh staking guidelines for licensed platforms and funds, boosting regulation in the crypto space.
SFC mandates asset protection, risk transparency, and operational safeguards. The goal? Safer staking services under strict oversight.
SFC-authorised virtual asset funds can now stake, but only via licensed entities. A staking cap helps manage liquidity and reduce exposure.
With its ASPIRe framework, Hong Kong aims to boost crypto adoption through better Access, Safeguards, Products, Infrastructure, and Relationships.
SFC plans more licensing regimes for OTC trading and custody. Hong Kong’s mission: become a leading, secure digital asset hub.