HashKey has become the first crypto exchange to offer retail trading to customers in Hong Kong, as the semi-autonomous Chinese city opens up to crypto.
The exchange confirmed on August 3 that the Hong Kong Securities and Futures Commission granted them a license update. Now the Hong Kong-based exchange holds both The change will enable HashKey to serve retail users, as well as professional investors.
HashKey the First of Many Exchanges Expected to Enter Retail Trading
The exchange obtained its inaugural license last November, becoming one of only two licensed crypto exchanges in Hong Kong, alongside rival OSL.
HashKey obtained two licenses from the regulator, according to the announcement. The first license, Type 1, permits the operation of a virtual asset trading platform under Hong Kong’s securities laws. The second license, Type 7, allows the firm to provide automated trading services to both institutional and retail…
