HashKey has been approved by the Hong Kong Securities Regulatory Commission to carry out virtual asset OTC trading business

HashKey, a digital asset financial service provider, announced that it has been approved by the Hong Kong Securities and Futures Commission, and its Hash Blockchain Limited (HBL) can carry out over-the-counter trading (OTC) on the virtual asset platform. The approval allows HashKey to conduct virtual asset trading business outside of the trading platform. When there is a transaction demand for tokens that are not listed on the exchange, HBL, as an intermediary, can match the transaction between the two parties. "As we continue to prepare for the launch of HashKey PRO, a fully compliant virtual asset exchange, we will offer our customers even more products," said HashKey CEO Li Qitai. HashKey is a digital asset group that has obtained virtual asset licenses (including over-the-counter trading licenses) issued by the Hong Kong Securities Regulatory Commission and the Japan Financial Services Agency, and also has an exemption from the Payment Services Act provided by the Singapore Monetary Authority There is a license to provide digital payment token (DPT) services including over-the-counter trading services within a specified period. HashKey Group has previously received approval from the Securities Regulatory Commission to operate a virtual asset trading platform for professional investors under a Type 1 (dealing in securities) license and a Type 7 (providing automated trading services) license through its subsidiary HBL. The company will continue to be committed to sustainable growth and strive to become a globally reputable and fully compliant digital asset ecosystem.