Hong Kong has given the green light to the staking applications of ETFs.

The Hong Kong Securities and Futures Commission (SFC) has given the green light for licensed crypto platforms and exchange-traded funds (ETF) to offer staking services.

The published statement indicated that these services could be offered under strict supervision and certain conditions.

The new regulation stands out as one of the important steps of the crypto roadmap announced in February, which is part of Hong Kong's vision to become a crypto hub. The roadmap covers sectoral operations under 12 headings, including new token listings, leveraged trading, derivative products, staking, and lending and borrowing.

The SFC stated that taking into account investors' interest in staking services and the potential contribution of these services to blockchain security, the service could be offered under certain conditions. In this context, virtual asset trading platforms must obtain written approval before providing (VATP) staking services. The same conditions apply to ETFs. Furthermore, companies are required to take security measures to protect user assets and to clearly disclose all risks related to staking.

SFC executive Julia Leung stated in her remarks on the subject, "The diversification of regulated services is critical for the healthy development of Hong Kong's virtual asset ecosystem. However, this expansion must be carried out within a compliance framework that prioritizes investor safety."

Published: April 7, 2025 14:56Last Updated: April 7, 2025 15:16