Hong Kong Approves Ethereum Staking: A Major Step for Crypto Investors

Hong Kong’s Securities and Futures Commission (SFC) has granted approval to prominent cryptocurrency exchanges HashKey and OSL, allowing them to offer direct Ethereum staking services. This landmark decision marks a significant advancement in the city’s crypto landscape, offering new avenues for investors within a regulated framework. Previously, Hong Kong investors could indirectly participate in staking rewards through Ethereum ETFs that incorporated staking mechanisms. However, this direct access to Ethereum staking represents a major shift for the market.