Hong Kong Expands Crypto Regulations To Include Staking for Licensed Platforms and ETFs Amid Rising Competition

Hong Kong Expands Crypto Regulations To Include Staking for Licensed Platforms and ETFs Amid Rising Competition

The Hong Kong Securities and Futures Commission (SFC) announced new regulatory guidance permitting licensed Virtual Asset Trading Platforms (VATPs) and exchange-traded funds (ETFs) to offer staking services. This initiative is part of Hong Kong’s broader roadmap to establish itself as a significant player in the crypto sector. The SFC emphasized the growing demand from investors…

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3 big stories in markets this week

3 big stories in markets this week

It was a long, grueling path for many in the crypto world, but it finally happened: The price of bitcoin crossed the $100,000 mark for the first time. Beyond making bitcoin holders quite happy, given the digital currency has risen more than 50% in the past two months, the milestone reached on Wednesday provided some…

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