Hong Kong’s Securities and Futures Commission recently approved Bitcoin Spot ETFs for several major asset managers, paving the way for the city to become a leading hub for such products. The approval comes after months of anticipation and marks a significant milestone for the Bitcoin industry in Asia. JUST IN: 🇭🇰 Hong Kong spot #Bitcoin ETFs…
The newly acquired funds will help HashKey to build diversified Web3 products amid the mainstream adoption of digital assets and blockchain technology in Asia. HashKey Group, the operator of a leading Hong Kong-based cryptocurrency exchange and other web3-focused platforms, announced the completion of the Series A funding round with nearly $100 million. As a result,…
Hashkey opened its retail crypto trading services in mid-August this year and has seen its trading volume scale to over $100 million in October. After Hong Kong unlocked its gates wide open for the cryptocurrency industry earlier this year, more investors have proliferated into the young market to tap into the Web 3.0 prowess. A…
Taking advantage of this environment, HashKey Exchange became the first crypto firm in the city to obtain a license under the new licensing regime last month. HashKey Capital, the investment arm of Hong Kong-based financial services firm HashKey Group, has announced the launch of a secondary market crypto fund focused on investment in altcoins. The…
As part of its preparation for retail trading next week, HashKey has implemented stringent Know Your Customer (KYC) protocols to ensure compliance and security. Hong Kong’s cryptocurrency scene is gearing up for a groundbreaking moment as HashKey, a key player in the industry, is poised to introduce its much-anticipated retail crypto trading services next week….
Despite China’s strict ban on cryptocurrency transactions, Hong Kong has taken a different approach, welcoming cryptocurrency firms and even encouraging banks to work with them. The HashKey exchange has made history as the first company in Hong Kong to secure a license under the new regulatory framework that enables crypto trading platforms to cater to…