Hong Kong’s SFC Issues Staking Guidance for Crypto Exchanges and Funds

The Securities and Futures Commission (SFC) of Hong Kong has issued new regulatory guidance for licensed virtual asset trading platforms (VATPs) and SFC-authorized virtual asset funds (VA Funds) regarding the provision and engagement in staking services. Recognizing the potential benefits of staking for enhancing blockchain security and allowing investors to earn yields, the SFC’s guidance […]