HashKey Capital Receives Crypto Staking License in Hong Kong
HashKey Capital, a Hong Kong-based digital asset investment firm, has been granted a license to provide Type 1 and Type 7 regulated activities including crypto staking, marking a significant development in the city’s expanding crypto sector.
The license, issued by the Hong Kong Securities and Futures Commission (SFC), allows HashKey to operate a virtual asset portfolio management business and provide automated trading services. The firm stated its intention to leverage this license to launch staking services for institutional clients.
HashKey’s Commitment to Compliance
HashKey emphasized its commitment to complying with all relevant regulations and working collaboratively with the SFC. They aim to integrate security and risk management best practices into their staking services.
The firm’s CEO, Jill Kang, recognized the regulatory clarity provided by the SFC’s licensing framework. She believes this will foster a robust and sustainable environment for growth in Hong Kong’s crypto ecosystem.
Growing Interest in Crypto Staking
Crypto staking has gained considerable attention as a method for investors to earn passive income by holding and securing cryptocurrencies. Hong Kong’s move to regulate crypto staking signals its intention to become a major hub for digital asset innovation while ensuring investor protection.
