April 10, 2024 — Hong Kong's Securities and Futures Commission (SFC) has officially issued regulatory guidelines allowing licensed virtual asset trading platforms to provide staking services. HashKey Exchange, a leading Asian virtual asset exchange, became one of the first platforms approved to offer these services on April 10.
Key Developments in Hong Kong's Virtual Asset Regulation
The SFC's announcement highlights:
"The Commission recognizes the potential benefits of staking in enhancing blockchain network security and enabling investors to earn yields from virtual assets within a regulated market environment."
This move follows February's Virtual Asset Development Roadmap ("A-S-P-I-Re" framework), which proposed expanding regulated virtual asset products—including staking, leverage, and lending services. The swift implementation (under two months) demonstrates Hong Kong's proactive stance on fostering innovation.
HashKey Exchange's Milestone Achievement
Terence Pu, Managing Director of HashKey Exchange, stated:
"This approval marks a regulatory milestone for Hong Kong. HashKey Exchange has developed a fully compliant staking infrastructure, starting with ETH staking for spot ETFs. Leveraging HashKey Cloud's node operations expertise, we ensure secure, transparent staking services. Soon, investors can earn yields both through Ethereum ETF holdings and direct ETH staking."
Pu added that the platform plans to expand staking to additional digital assets, capitalizing on Hong Kong's progressive policies.
Core Keywords for SEO Integration
- Virtual asset staking
- Hong Kong SFC regulations
- Ethereum ETF
- HashKey Exchange
- Blockchain security
- Regulated crypto yields
Why This Matters for Investors
- Regulated Environment: Hong Kong's clear guidelines mitigate risks associated with decentralized staking.
- Dual Yield Opportunities: Earn through ETF holdings + direct asset staking.
- Institutional-Grade Infrastructure: HashKey's ISO-certified systems prioritize security.
👉 Discover how staking boosts portfolio returns
FAQ Section
Q: Is staking legal for retail investors in Hong Kong?
A: Yes, under SFC-approved platforms like HashKey Exchange.
Q: What’s the difference between ETF staking and direct ETH staking?
A: ETF staking offers passive exposure, while direct staking provides higher yield control.
Q: How does HashKey ensure staking security?
A: Through HashKey Cloud’s audited node operations and ISO 27001/27701 certifications.
Q: Will more assets be added for staking?
A: Yes, HashKey plans phased expansions post-regulatory approvals.
About HashKey Exchange
HashKey Exchange, a flagship of HashKey Group, is one of Hong Kong’s first licensed retail virtual asset exchanges. It holds SFC licenses for:
- Type 1 (Securities Trading)
- Type 7 (Automated Trading Services)
- Virtual Asset Trading Platform (AML Ordinance)
Compliance Note: Services are unavailable to users in mainland China, the U.S., and other restricted jurisdictions.