Hong Kong Regulator Now Lets Regulated Firms Offer Staking Services

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Drawing a parallel between floppy disks and innovation, Choi said Monday blockchain tech has the potential to "rewrite the rules" of finance.

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Per the framework's requirements, associated risks, including slashing penalties, unstacking processes (and durations), lock-up periods, and technical vulnerabilities due to "hacking risk and inactivity," also need to be disclosed.

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Article Details

Author / Journalist: Vince Dioquino

Category: Crypto

Markets: EstoniaChinaHong KongJapan

Topics: Law and Order Securities and Futures Commission Staking services Staking Regulation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 06:57:08 (1 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 27644714

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Main Topics: Crypto

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