Hong Kong’s Securities and Futures Commission (SFC) has introduced new guidelines permitting licensed virtual asset trading platforms and authorized funds to offer crypto staking services. This move is part of Hong Kong’s ongoing efforts to bolster its position as a leading digital asset hub in Asia. However, the SFC has imposed strict conditions to ensure investor protection and market stability. Platforms must obtain prior written approval from the SFC before launching staking services, retain full control over staked assets (no third-party delegation), and transparently disclose all associated risks, such as slashing penalties or liquidity issues. Authorized funds can also stake assets, but only through licensed platforms or approved institutions, with caps in place to manage liquidity risks. This development reflects a balanced approach to fostering innovation while maintaining robust oversight.
