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HashKey Change, Hong Kong’s first licensed crypto alternate is now reside » CryptoNinjas


HashKey Change, the primary licensed retail digital asset alternate, pronounces its official launch at present. Along with executives from the HKSAR authorities, top-tier banks, insurers, and Massive 4 auditing companies, HashKey Change held the grand launch in Hong Kong. Direct USD and HKD transfers from financial institution accounts are supported.

The alternate, which acquired approval again in November of 2022 has formally launched a zero buying and selling charge promotion, efficient instantly, providing all prospects zero fee buying and selling on all transactions. 

Setting Sail within the Web3 Period in Hong Kong

The HashKey Change Grand Launch was efficiently held at present on the Maritime Museum Central, Hong Kong. Joseph Chan Ho-lim, JP, Undersecretary for Monetary Providers and the Treasury, Dr. Jimmy Chiang, Affiliate Director, InvestHK, Norman Chan Tak-lam, GBS, JP, Chairman, Hong Kong Web3 Affiliation delivered their speeches, extending their congratulations to HashKey Change for its official launch and providing insights into the event of the Web3 business in Hong Kong.

Dr. Xiao Feng, Chairman and CEO of HashKey Group, introduced the official launch of HashKey Change and its retail buying and selling companies. Mr. Lu Weiding, Chairman of Wanxiang Group, joined 10 distinguished friends in turning the symbolic “helm,” marking the beginning of Hong Kong’s Web3 period. Speeches have been delivered by Mr. Ronald Lu, CEO ZA Financial institution, Mr. Thomas Crasti, Companion at PwC, and Mr. Zhang Sizheng, CEO of AIA Hong Kong.

Hong Kong’s First Licensed Retail Digital Asset Change is Dwell Now

Livio Weng, COO of HashKey Group, unveiled the next-generation high-performance buying and selling system, the “HEX Engine,” supporting 5,000 transactions per second (TPS) to ship a extra secure, sooner, and user-friendly buying and selling expertise. Weng additionally introduced a complete improve to institutional enterprise options, providing strong API interfaces and enhanced account administration options (together with the Omnibus Account) to offer brokerage and institutional shoppers with deeper buying and selling liquidity and smoother experiences.

As a licensed entity underneath the Hong Kong Securities and Futures Fee, HashKey Change has devoted substantial assets to establishing a local compliance product framework. Protecting a complete spectrum together with consumer admission inspection, anti-money laundering (AML) inspection, transaction monitoring, and mental property (IP) oversight, creating an entire regulatory closed-loop system. This method spans everything of inside operational processes, making certain a strong compliance safeguard for buyers.

HashKey Change Key Options

  • Fiat Foreign money Deposits and Withdrawals: In partnership with main industrial banks, we provide USD/HKD fiat foreign money deposit and withdrawal companies, permitting direct transfers between financial institution accounts and HashKey fiat accounts.
  • Fiat Buying and selling Pairs: Offering retail prospects with fiat buying and selling pairs akin to BTC/USD and ETH/USD, with plans to assist further fiat currencies and pairs, together with HKD sooner or later.
  • Licensed Custody: Unbiased licensed custody system topic to common inspections by the securities regulators. We maintain a TCSP (Belief or Firm Service Supplier) license.
  • Chilly and Scorching Pockets Separation: 98% of digital property are saved in chilly wallets and a pair of% in scorching wallets, making certain the safety of the vast majority of property.
  • Asset Insurance coverage: HashKey Change pioneers within the business by introducing skilled insurance coverage establishments to offer insurance coverage for shopper property underneath custody.
  • Authoritative Auditing: The platform strictly adheres to regulatory necessities, present process audits and compliance checks by the Massive 4 accounting companies, absolutely complies with varied regulatory provisions, establishing itself as one of the vital safe exchanges globally.

HashKey Change is presently working 24/7, strictly adhering to the SFC’s consumer registration and KYC necessities. The platform helps USD and HKD fiat deposits and withdrawals, gives buying and selling pairs like BTC/USD, ETH/USD, and plans to introduce extra digital asset pairs following regulatory tips.

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