Hong Kong's Securities and Futures Commission (SFC) has issued guidelines allowing crypto platforms and funds to offer staking services.
The SFC recognizes the potential benefits of staking in enhancing the security of blockchain networks and enabling investors to earn yields in a regulated market.
Crypto platforms must receive written approval, meet SFC requirements, and disclose relevant information to customers offering staking services.
SFC-approved crypto funds can engage in staking if consistent with fund objectives, but with certain conditions and risk management protocols.