Hong Kong’s SFC Unveils Staking Rules: A Crypto Comedy of Errors!
With the grace of a cat on a hot tin roof, the SFC’s guidance aims to expand the product offerings for these platforms, all while ensuring that investors are not left clutching their pearls in horror. The guidance outlines a veritable treasure map of necessary measures for VATPs to prevent errors—because who doesn’t love a good error in the world of finance?—safeguard staked assets, and disclose the associated risks, which are as numerous as the stars in the sky. 🌌