Hong Kong SFC considers allowing Ether staking for ETF issuers
The SFC reportedly held discussions with the country’s crypto ETF issuers about providing staking services via licensed platforms.
Hong Kong’s Securities and Futures Commission (SFC) is reportedly considering including an Ether (ETH) staking option for the spot ETH exchange-traded fund (ETF) issuers.
According to a report published in Bloomberg, the financial regulator in Hong Kong is mulling whether ETH ETF issuers in the country should be allowed to stake Ether (ETH) and make passive income. Hong Kong approved a Bitcoin (BTC) ETF earlier this year, more than three months after the United States approved 10 spot ETFs.
The SFC reportedly held discussions with the country’s crypto ETF issuers about providing staking services via licensed platforms after fielding proposals in recent weeks.
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