You’ll Never Guess Who Just Got the Green Light for Staking in Hong Kong!

by

Well, lo and behold, my dear reader, but HashKey has snagged the blessings of the esteemed Hong Kong Securities and Futures Commission (SFC) to dally in the delightful business of staking services. It appears they’re on their way to becoming one of the first exchanges in that bustling metropolis to offer such fanciful services. 🎉

This delightful approval means they’ll be serving up “ETH staking services for spot ETFs” — a phrase that sounds as impressive as it is difficult to comprehend, wouldn’t you say?

HashKey Joins the Ranks of Regulated Exchanges in the Far East

On the tenth day of April in the year 2025, HashKey triumphantly announced to the world — via that newfangled social media platform X — that it had received the coveted SFC approval. Talk about a remarkable achievement! 😎

📢 𝐇𝐚𝐬𝐡𝐊𝐞𝐲 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞, that paragon of compliance in Hong Kong under @HashKeyGroup, finds itself among the elite licensed trading platforms permitted to offer staking services.🇭🇰…

— HashKey Group (@HashKeyGroup) April 10, 2025

In the meantime, PANews, that ever-curious local media group, reported on this splendid approval, delighting in the detail of how HashKey maneuvered through the regulatory maze like a cat on a hot tin roof. 📈

“…on April 10, according to official news, virtual asset exchange HashKey Exchange announced that it had received approval from the Hong Kong SFC, becoming one of the first exchanges in Hong Kong to be approved to provide pledge services. Just a few days earlier, on April 7, the SFC had issued guidelines on these very pledge services, ensuring that only the finest hare-brained schemes would see the light of day.”

The Hong Kong securities regulator took a shine to HashKey’s ambitions after their counterparts in China paid heed to the potential windfall that staking could bring. As per PANews:

“…the CSRC has recognized how these staking shenanigans could bolster blockchain security and allow investors to profit in a more civilized environment.”

HashKey Preparing for an Ethereum ETF Staking Bonanza

“This approval is a milestone practice in Hong Kong’s virtual asset regulatory innovation. With this blessing, HashKey is set to lead the charge in offering ETH staking services for spot ETFs while making customers feel right as rain. We’ll soon be showing investors how to not only clutch their Ethereum ETFs for staking income but also directly hold ETH for additional goodies through our services. Rest assured, we shall continue to ride the coattails of Hong Kong’s unique policies to expand our services far and wide —minding our manners in the ever-expanding digital asset market,” said Mr. Pu.

Read More

2025-04-13 08:11