
Hong Kong's SFC issues new rules for licensed crypto platforms and funds involved in staking.
The guidelines aim to boost blockchain security, offer regulated yields, and enhance investor protection.
These moves are part of Hong Kong's "ASPIRe" plan to become a leading regulated virtual asset hub.
Hong Kong is stepping up its game in the crypto space. In a move to tighten oversight and improve investor safety, the cityโs Securities and Futures Commission (SFC) has rolled out new rules for virtual asset trading platforms and authorised funds involved in staking.
The move is part of the cityโs efforts to tighten oversight and create a safer, more structured crypto market.
From clearer rules to new opportunities for investors, the SFCโs latest update could signal a turning point. Hereโs whatโs changing, and why it matters.
Regulated Crypto Staking: A Step Forward
The updated rules highlight key benefits of stakingโsuch as improving blockchain security and helping investors earn yieldsโall within a regulated environment. These guidelines give licensed crypto platforms more flexibility to offer staking services, supporting the SFCโs โASPIReโ strategy to grow Hong Kongโs virtual asset industry.
The SFC has set out clear requirements for platforms that offer staking. These include protecting staked assets, avoiding service disruptions, and being transparent about the risks involved. This marks a major step toward making staking safer for investors in Hong Kong.
Funds Can Stake – But Within Limits
The SFC also updated its circular for SFC-authorised virtual asset (VA) funds. These funds can now stake assetsโbut only through licensed platforms or approved institutions. To reduce risk, a cap has been set on how much they can stake. This helps manage liquidity and further protect investors.
SFC CEO Julia Leung said that expanding regulated crypto services is key to growing Hong Kongโs virtual asset market. At the same time, she stressed that protecting investors must remain the top priority through strong regulation and compliance.
A Global Crypto Hub in the Making
The SFC is actively working to position Hong Kong as a global digital asset hub. Its ASPIRe frameworkโshort for Access, Safeguards, Products, Infrastructure, and Relationshipsโaims to make it easier for platforms to enter the market while strengthening investor protections.
In February 2025, the SFC announced plans to launch new licensing regimes for over-the-counter (OTC) virtual asset trading and custody services. These new rules are aimed at improving market efficiency and boosting investor confidence.
As the crypto world keeps moving fast, Hong Kong clearly wants the rules to keep pace – and stay one step ahead.