Hong Kong’s SFC Releases New Staking Guidelines for Crypto Platforms

Hong Kong’s Securities and Futures Commission (SFC) has issued new guidelines for virtual asset platforms, aiming to enhance security and transparency in the market. These updated rules will allow licensed crypto trading platforms to offer staking services while ensuring investor protection. 🔐 The new regulations outline several key requirements, including robust measures to prevent errors, safeguard staked assets, and ensure proper disclosure of risks associated with staking practices. This ensures a more regulated environment for investors as they participate in blockchain-based revenue opportunities through staking.