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

Published by
Qadir AK

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

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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