HashKey to start Bitcoin and Ether retail trading in Hong Kong from Aug. 28
HashKey, along with OSL, received a major license upgrade on Aug.3 clearing their way to offer crypto trading services to retail customers. Asian cryptocurrency exchange HashKey is set to start offering Bitcoin and Ether crypto trading services to retail customers in Hong Kong starting on August 28, according to a local media report. Investors will only be allowed to invest up to 30% of their net worth into cryptocurrencies when using the platform HashKey became the first crypto exchange in Hong Kong to get regulatory clearance to offer crypto trading services to retail traders after upgrading two major licenses issued by the country’s Securities and Futures Commission (SFC). The first license known as Type 1, made way for HashKey to start a virtual asset trading platform under Hong Kong’s securities laws. The second license called Type 7, allows the crypto exchange to provide automated trading services to both institutional as well as retail users. Apart from HashKey, another ...