Hong Kong's Securities and Futures Commission (SFC) has authorized licensed virtual asset trading platforms to offer staking services, enhancing its position as a crypto hub in Asia. This decision was announced by SFC Executive Director Christina Choi during the Hong Kong Web3 Festival 2025. Staking allows investors to lock virtual assets to support blockchain networks for rewards, but platforms must secure custody of these assets and comply with SFC regulations. This framework also requires disclosure of associated risks, such as slashing penalties and technical vulnerabilities. The initiative follows previous moves by the SFC to bolster the regulatory landscape for digital assets in the region, expected to drive the market's growth. Choi emphasized the fast progression of technology in finance, drawing an analogy between obsolete floppy disks and the potential of blockchain technology to transform financial systems.

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