Hong Kong’s HK SFC Unveils New Staking Rules for Crypto Platforms

The Hong Kong Securities and Futures Commission (SFC) has released updated guidelines for licensed virtual asset trading platforms. The new rules allow these platforms to offer staking services, enabling users to earn rewards on digital assets. However, the guidelines mandate strict risk reduction measures, robust protection of customer assets, and full disclosure of staking risks. The move aims to strike a balance between fostering crypto innovation and ensuring investor safety in Hong Kong’s rapidly evolving market, while driving sustainable growth. Read More