Hong Kong SFC strengthens crypto ties with UAE, lifts staking ban

By: cryptosheadlines|2025/05/07 16:30:07
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Hong Kong’s Securities and Futures Commission (SFC) is expanding its international footprint, with senior officials visiting the UAE last week to engage in regulatory discussions on virtual assets.According to a May 6 announcement, Executive Director of Licensing and Fintech Christopher Yip and Head of Fintech Elizabeth Wong met with key UAE regulators, including the Securities and Commodities Authority, the Financial Services Regulatory Authority (Abu Dhabi), and the Dubai Financial Services Authority.Focus on Cross-Border CollaborationThe meetings focused on regulatory frameworks and the shared challenges of supervising virtual asset firms. The visit falls under the SFC’s ASPIRe initiative, which outlines Hong Kong’s digital asset and fintech regulatory strategy. The delegation also held talks with local Web3 companies, stressing the importance of consistent regulation in mitigating systemic risk.“The SFC will continue to lead in the regulation of virtual assets,” said Yip, adding that “international collaboration and policy development” are central to Hong Kong’s fintech vision.SFC Lifts Ban on StakingIn April, the SFC updated its digital asset framework, allowing licensed crypto platforms to offer staking services—a reversal of the ban introduced in mid-2023. The move was announced during the Web3 Festival and accompanied by a detailed circular outlining compliance expectations.New rules mandate that platforms maintain direct control of staked client assets and prohibit the use of third-party custodians. Operators must provide clear disclosures around lock-up periods, fees, and risks such as validator penalties, cyberattacks, or protocol vulnerabilities.Staking via third parties will be permitted only after thorough due diligence and ongoing monitoring. For authorized virtual asset funds, staking is allowed solely through licensed platforms and approved custodians, subject to regulatory approval and exposure limits.The SFC’s latest moves signal a deliberate effort to align with other leading jurisdictions in shaping the future of digital asset oversight. As global regulatory standards emerge, jurisdictions offering compatible frameworks may gain a strategic edge in institutional crypto adoption.Source link

You may also like

March 4th Market Key Intelligence, How Much Did You Miss?

1. On-chain Flows: $39.6M USD inflow to Hyperliquid today; $29.7M USD outflow from Base 2. Largest Price Swings: $EDGE, $POWER 3. Top News: Altman defends Pentagon deal at all-hands, calls backlash "really painful"; OpenAI also seeking NATO contracts

Taking Stock of Crypto's Washington Power Players: Who is Advocating for US Crypto Regulation?

These institutions have jointly defined the industry's underlying values, marking the U.S. crypto industry's shift to a "professionalized, ecological, and refined" era of policy gamesmanship.

DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


Uncovering YZi Labs 229 Investment: Over 18% of the portfolio is already inactive, with an average project transparency score of 78

In terms of strategic direction, YZi Labs has begun to extend into areas such as AI and stablecoins, but overall it is still in the layout and validation stage.

The business of crypto VC is becoming promising

Homogenized industries are ultimately fragile; only when different species can emerge does the market truly come alive.

China's AI Compute Power Counterstrike

The cost itself is the progress.

Popular coins

Latest Crypto News

Read more