Hashkey Wins Hong Kong's First Crypto Exchange License to Serve Retail Customers

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The HashKeyExchange has become the first cryptocurrency exchange to be allowed to service retail customers in Hong Kong. By amitoj.

Hong Kong's first license to a cryptocurrency exchange to serve retail customers has gone to Hashkey Exchange under the city's new crypto rules that aim to make the region a crypto hub.

Hashkey Exchange, a virtual asset exchange based in Hong Kong which is part of Hashkey Group, a digital asset financial services groupsaying it can now expand its business scope from serving professional investors to retail users. "As an existing Type 1 and Type 7 licenses holder, HashKey Exchange successfully underwent a simplified process to obtain the licence upgrade ... to expand its business scope from serving professional investors to retail users, fulfilling market demand for a licensed platform that offers users a safer and simpler process for buying and storing cryptocurrencies." the exchange said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong’s Hang Seng Bank Will Offer Crypto Companies “Simple Accounts” | CoinMarketCapCryptoNews: Despite the Hong Kong Monetary Authority's efforts to promote the region as a crypto hub, local crypto businesses are having trouble opening corporate bank accounts. 👀
Source: CoinMarketCap - 🏆 290. / 63 Read more »

Hong Kong’s Property Market Is a Mess—and the Fed Is Partly to BlameU.S. rate increases have tamed inflation at home but caused pain in a city with notoriously expensive real estate.
Source: WSJ - 🏆 98. / 63 Read more »