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Hong Kong SFC Releases Staking Guidelines for Virtual Assets Trading Platforms

Hong Kong's SFC introduces guidelines for virtual asset trading platforms and SFC-authorised funds engaging in staking, emphasizing innovation and investor protection.

cryptocurrencies

Hong Kong’s Securities and Futures Commission (SFC) has unveiled new regulatory guidelines governing virtual asset trading platforms (VATPs) and SFC-authorised funds engaging in staking activities. Notably, the SFC’s new rules acknowledge the possible benefits of staking, encouraging new ideas while protecting investors in the growing virtual assets space.

Moreover, the guidance includes making blockchain networks more secure and giving investors chances to earn returns in a managed market. Furthermore, this allows VATPs to offer more products and services.

SFC Set Staking Guidelines

In a notice to virtual asset trading platforms, the SFC advises them on offering staking services. To lower investors’ risks, these platforms must take steps to prevent mistakes, protect clients’ staked virtual assets, and fully explain the risks of these assets.

Also, the SFC has updated its notice about SFC-approved virtual asset funds, allowing them to participate in staking. These funds can now stake their virtual assets, but only through licensed virtual asset trading platforms and approved institutions, and up to a certain limit to control risk.

Notably, Ms. Julia Leung, the SFC’s Chief Executive Officer, said this is important for the healthy growth of Hong Kong’s virtual asset market. She added that this growth must happen in a well-regulated way, where the client’s virtual assets are always safe.

Moreover, the SFC’s new rules highlight the benefits of staking, such as better blockchain security and opportunities for investors to earn money in a regulated system. By allowing licensed crypto platforms to offer more services, the rules support the SFC’s plan to grow Hong Kong’s virtual asset market.

SFC Rules Aim to Enhance Crypto Staking Safety

Hong Kong is working hard to improve its crypto rules and become a top global center for digital assets. The SFC has introduced a framework called ASPIRe, which focuses on access, safeguards, products, infrastructure, and relationships. The goal is to make it easier to enter the market and strengthen investor protection.

In February 2025, the SFC announced plans for new licenses for over-the-counter virtual asset trading and custody. This aims to improve the market and better protect investors.

Nonetheless, these actions show Hong Kong’s dedication to building a strong and safe place for the virtual asset industry.

Sampson Gideon