Reported 5 months ago
Hong Kong is considering allowing staking for exchange-traded funds investing directly in Ether, potentially providing a source of passive income different from US plans. The Securities and Futures Commission has been in discussions with crypto ETF issuers in the city about offering staking services via licensed platforms. If approved, this move could boost demand for Hong Kong’s spot-crypto ETFs and give the city an edge over the US in offering such services.
Source: YAHOO