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Hong Kong’s Securities and Futures Commission (SFC) has approved staking services for licensed digital asset exchanges. The move aims to enhance blockchain security while enabling users to earn yields, but comes with strict regulatory safeguards.
- The SFC mandates strict risk management for staking services, including asset protection and clear investor disclosures.
- Hong Kong’s crypto ecosystem expands with regulated staking, following last year’s approval of Bitcoin and Ethereum ETFs.
- The HKEX Virtual Asset Index Series aims to standardize BTC and ETH pricing in Asian markets, addressing global exchange disparities.
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