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Web3 Daily News Hong Kong Regulator Approves Licensed Platforms to Offer Crypto Staking Services The Securities and Futures Commission (SFC) of Hong Kong has released new guidelines allowing licensed virtual asset trading platforms to provide cryptocurrency staking services. According to these guidelines, platforms must obtain prior written approval from the SFC before offering staking services. They must have full control over client assets and ensure that the staked assets are not outsourced to third parties. Additionally, platforms must clearly disclose all associated risks, including potential vulnerabilities such as blockchain errors, hacker attacks, or inactive validators. This move aligns with Hong Kong's broader strategy to position itself as a leading digital asset hub in the Asia-Pacific region, balancing innovation with strong investor protection measures.
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