Supplemental joint circular on intermediaries' virtual asset-related activities

Worth readingVALicensing

What the SFC said

Supplemental to the December 2023 joint SFC-HKMA circular on intermediaries' virtual asset-related activities, this circular refines and relaxes requirements and updates licensing conditions and terms and conditions. Notably, intermediaries may now provide staking services to clients through segregated accounts with an SFC-licensed platform or authorized financial institution.

Read the official circular on sfc.hk ↗

This page is our summary and commentary, not the circular itself — always read the original before acting.

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