On 7 April 2025, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued guidance for authorized institutions (and subsidiaries of locally incorporated authorized institutions) and SFC-licensed virtual asset trading platforms respectively, who are interested in providing Staking Services. The guidance outlines the regulatory framework and expected standards for providing Staking Services.
On the same day, the SFC revised its “Circular on SFC-authorized funds with exposure to virtual assets” issued on 22 December 2023 to facilitate SFC-authorized virtual asset funds (SFC-authorized VA Funds) which wish to engage in staking and other virtual asset-related activities.