HashKey Obtains License to Offer Staking Services in Hong Kong

Hong Kong-based cryptocurrency exchange HashKey has received regulatory approval to offer staking services, potentially boosting the attractiveness of proof-of-stake (PoS) investments like spot Ether ETFs among institutional investors.

On April 10, HashKey announced it had secured authorization from the Hong Kong Securities and Futures Commission (SFC) to provide these services.

This follows new regulatory guidance from the SFC for Licensed Virtual Asset Trading Platforms (VATPs) and authorized funds on compliant staking implementation.

HashKey has become one of the first regulated exchanges in Hong Kong to offer staking services. The SFC’s decision was supported by the China Securities Regulatory Commission (CSRC), which recognized the benefits of staking for blockchain security and providing investors with regulated income opportunities from digital assets.