SFC

2 briefs

SFC sets expected standards for VATPs and licensed corporations on Relevant Stablecoin services

VATPs and licensed corporations must adopt revised licensing conditions and update disclosures, client classification, and SFC-notification workflows before conducting Relevant Stablecoin activities

SFC revises authorised VA fund circular to permit direct spot virtual-asset investment and staking

Management companies, custodians, and participating dealers of SFC-authorised VA funds must meet revised eligibility, custody, valuation, and disclosure requirements, and obtain prior SFC consultation and approval before exceeding 10% VA exposure or engaging in staking