HashKey Group to Launch Bitcoin and Ethereum Trading in Hong Kong Following Regulatory Approval

HashKey Group to Launch Bitcoin and Ethereum Trading in Hong Kong Following Regulatory Approval



HashKey Group is preparing to launch Bitcoin and Ethereum trading options for its clients in Hong Kong on August 28. The company's COO, Weng Xiaoqi, revealed in a conversation with local reporters that HashKey will begin offering cryptocurrency trading services to the general public. After applying for a license in July, the company gained regulatory approval earlier this month.



Weng stated that Bitcoin and Ethereum were chosen as initial trading options because they are the most widely circulated and least risky digital assets. He also mentioned that HashKey is contemplating the introduction of margin and derivative products, pending approval from Hong Kong's Securities and Futures Commission (SFC).



Negotiations are ongoing between HashKey and multiple prominent banks in Hong Kong to incorporate fiat currencies like the Hong


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#Bitcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ethereum, #HongKong, #News

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