HashKey received approval from the Hong Kong Securities and Futures Commission (SFC) to offer staking services, becoming one of the first exchanges in HK to be allowed to provide such services.
The approval means the exchange may provide โETH staking services for spot ETFs.โ
HashKey Becomes One of the First Regulated HK Exchanges to Offer Security Services
HashKey received approval on April 10, 2025, after receiving guidance on staking services to Licensed Virtual Asset Trading Platforms and authorized funds from the SFC. The exchange announced the news via social media platform X, saying it became โone of the firstโ regulated Hong Kong exchanges to offer such services.
๐๐๐ฌ๐ก๐๐๐ฒ ๐๐ฑ๐๐ก๐๐ง๐ ๐, the compliant exchange in Hong Kong under @HashKeyGroup , ๐ก๐๐ฌ ๐๐๐๐ง ๐๐ฉ๐ฉ๐ซ๐จ๐ฏ๐๐ ๐๐ฌ ๐จ๐ง๐ ๐จ๐ ๐๐จ๐ง๐ ๐๐จ๐ง๐ โ๐ฌ ๐๐ข๐ซ๐ฌ๐ญ ๐ฅ๐ข๐๐๐ง๐ฌ๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ฉ๐ฅ๐๐ญ๐๐จ๐ซ๐ฆ๐ฌ ๐ญ๐จ ๐จ๐๐๐๐ซ ๐ฌ๐ญ๐๐ค๐ข๐ง๐ ๐ฌ๐๐ซ๐ฏ๐ข๐๐๐ฌ.
โฆ pic.twitter.com/IlfVhJGbVG
โ HashKey Group (@HashKeyGroup) April 10, 2025
Local media group PANews reported on the approval, detailing how HashKey obtained the regulatory green light. It said:
โโฆon April 10 that according to official news, virtual asset exchange HashKey Exchange announced that it had received approval from the Hong Kong Securities and Futures Commission on April 10, becoming one of the first exchanges in Hong Kong to be approved to provide pledge services. Previously, the Hong Kong Securities and Futures Commission (SFC) had officially issued an announcement on April 7, issuing regulatory guidelines on the provision of pledge services to licensed virtual asset trading platforms, and providing guidance on their participation in pledge activities to SFC-approved funds (virtual asset funds) that invest in virtual assets.โ
The Hong Kong securities regulator said it granted the approval after the China Securities Regulatory Commission (CSRC) learned of and recognized the potential benefits of staking services. In a statement quoted by PANews, the SFC said:
โโฆthe CSRC is aware of the potential benefits of staking in enhancing the security of blockchain networks and allowing investors to earn returns from virtual assets in a regulated market environment.โ
HashKey May Now Launch Ethereum ETF Staking Service
HashKeyโs managing director, Terence Pu, explained that the SFC approval means HashKey may now offer staking services for spot Ether (ETH) exchange-traded funds (ETFs).
โThis approval is a milestone practice in Hong Kongโs virtual asset regulatory innovation. HashKey Exchange has built a staking service system that meets regulatory requirements, taking the lead in providing ETH staking services for spot ETFs, and is actively promoting the provision of staking services to all customers. This service relies on HashKey Cloudโs excellent node operation capabilities to provide users with safe and compliant staking services. In the near future, investors will not only be able to hold Ethereum ETFs to obtain staking income, but also directly hold ETH and obtain additional income through our staking services. In the future, we will continue to rely on Hong Kongโs unique policy advantages to expand this service to more types of digital assets and provide the market with more compliant and diversified investment products,โ said Terence Pu.
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