Hong Kong Regulator Releases Crypto Staking Rules for Licensed Exchanges
Hong Kong’s Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services.
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Hong Kong
Hong Kong’s Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services.
Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds.
A venture capitalist who was one of the first investors in Solana says building liquidity is now key to Hong Kong’s development as a crypto hub.
The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong.
The CEO of the dYdX Foundation sees parallels between the internet of the 1990s and where Decentralized Finance (DeFi) is today.
BlackRock CEO Larry Fink on CNBC means more to QCP’s founder and chief investment officer rather than presidential candidates promoting crypto.
Hong Kong (Fidel Fernando/Unsplash)
As law firms and traditional finance companies cut back on office space, Yat Siu’s Animoca is taking advantage of the renter’s market to expand its headquarters, reinforcing its commitment to Hong Kong as a global Web3 and digital culture hub.
HKVAX is the latest exchange to receive approval.
Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the “market’s status, amongst other” aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday.