Regulatory Alerts2025-04-07
Added · Updated
Provision of Staking Services for Virtual Assets from Custodial Services
The Hong Kong Monetary Authority issued this circular on April 7, 2025, to clarify the regulatory distinction between staking services and custodial services for virtual assets. The document directs all Authorized Institutions to refer to the February 2024 circular regarding the provision of custodial services for digital assets. This guidance ensures consistent consumer protection standards within the banking sector's fintech and virtual asset operations.
CIR
Current
Please see the HKMA circular "Provision of Custodial Services for Digital Assets" (February 2024).
Issue Date:
07 Apr 2025
20250407-1-EN.pdf (129.0 KB)
Topic:
Banking Conduct & Enforcement - Consumer Protection
Fintech - Virtual assets
Group:
All Authorized Institutions
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Superseded Document
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Current
08 Jan 2025
Supervisory Incubator for Distributed Ledger Technology (DLT)
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08 Jan 2025
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