HashKey OTC receives in-principle approval from the Monetary Authority of Singapore for a major payment institution license

HashKey Capital: “Covenants” Bitcoin’s Programmability

What exactly are Bitcoin's "restrictions"? Why have they attracted so many developers' attention and discussions for years? What programmability can Bitcoin achieve?

HashKey Group Launches Global Trading Platform

HashKey Group launches global trading platform, targeting international users with over 20 cryptocurrencies, stablecoins, and plans for futures trading.

Learn more about Whales Market, the points over-the-counter trading market

What if we could build a trustless third party that facilitates secure transactions between both parties, provides security, and prevents fraudulent activity? This is exactly what Whales Market aims to achieve.

OTC dream? Hong Kong drafts new rules to curb crypto OTC exchanges

If you observe carefully, you can find that there are many crypto exchange shops scattered on the streets of Hong Kong.

How to conduct Hong Kong’s virtual currency OTC business in compliance with regulations?

On February 2, 2024, Hong Kong Secretary for Financial Services and the Treasury Hui Ching-yu said that the government believes that it is necessary to bring virtual currency over-the-counter exchanges (OTC) into supervision.

The current criminal risks faced by the OTC business in the currency circle

Among the typical cases recently jointly issued by the Supreme People's Procuratorate and the State Administration of Foreign Exchange to punish foreign exchange-related crimes, there are two cases involving OTC business in the currency circle. Below, the author will analyze the legal risks existing in the OTC business of the currency circle based on cases.

Will going to Hong Kong to do OTC business still violate the legal high voltage line in China?

If mainlanders go to Hong Kong to conduct exchange business between USDT and Hong Kong dollars or US dollars, will it constitute an illegal crime within the country, especially the "illegal foreign exchange purchase and sale" included in the crime of illegal business operations?

Don’t scare virtual currency OTC merchants

In recent days, there has been a lot of news circulating on the Internet about the illegal financial activities of buying and selling virtual currencies, making friends in the currency circle panic.

Are domestic OTC operations illegal?

Regarding the behavior of OTC merchants making money from the price difference by buying and selling the stable currency USDT, can these currency exchanges be charged with an "illegal business crime"?

Web3 DePIN Hong Kong Initiative: HashKey and arkreen Supporting the Development of DePIN Ecosystem in Hong Kong