The new SFC rules will allow licensed crippto exchanges to offer commitment

Hong Congo Regulator, Securities and Futures Commission Laid new guidelines that would enable the licensed CRIPTO exchange and resources to offer to put on the site in the city.

Which will be advocated It offers CRIPTO holdings in a way to put your digital assets on work and earn passive income without sales them. The exposition is integral proof of the role (POS) networks because it provides safety and immutability.

In a press release, the Securities and Futures Commission (SFC) would recognize the role of the network security and providing regulated returns to investors, as it still carries out its wider digital funding strategy through its high-aged investor widths, as well as It further conducts its wider high-means strategy for the production of Hong Kong’s means through its widths of its high funding width for Hong Kong’s production funds for investors. “Aspire” folders.

“Expansion of packages of regulated services and products is crucial for the maintenance of a healthy improvement of the highly range of Hong Kong,” Julia Leung, the CEO of SFC, playing. “But spreading must be done in a regulated environment in which the security of the virtual asset of the client is still front and central.”

In the circular explanation of the rules around the downtime, SFC said to be traded by the trading platform (WATPS), which is the regulator of licensed exchange, which must maintain complete control of clients, explicitly prohibits outsourcing that outsourcing is forbidden.

It will also need platforms to transparently detect all related risks, including potential vulnerabilities such as mistakes, hacking or idealness of validators.

By rules, vaps must clearly inform clients involved in processes, fees, minimum permanent locking and business continuity arrangements during the disorder.

Meanwhile, authorized virtual means of assets are made only through licensed platforms or authorized institutions, with forced liquidity risk management caps, which further underlines the cautious approach, but supported access.

This is unlike Singapore, Hong Kong’s financial center in the region, which is prohibited retail pledge in 2023 yearsstating the need for “investor protection”.

The US Securities and Exchange Commission (SEC) continues to limit the granting actions, although it is facing the growth of the call from the Senator Bipartisan group to facilitate her attitude.

Meanwhile, several states, Including the most unenteen Illinoisthey fell to put on a lawsuit against coinbase, who was First affected by multiple lawsuits in 2023 years.