CryptoMediaClub
Monday, October 27, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Bitcoin

Hong Kong debuts retail crypto trading with HashKey and OSL

07.08.2023
A A
0
125
VIEWS
ShareShare

Hong Kong is expanding cryptocurrency trading exposure to individual investors, with at least one exchange getting the regulatory green light to offer the services.

Local digital asset firm HashKey has successfully obtained all necessary licensing to expand its business from serving professional investors to taking on retail users, the firm announced on Aug. 3.

HashKey’s new regulatory milestone has been enabled by upgrading two major licenses issued by Hong Kong’s Securities and Futures Commission (SFC).

The first license, Type 1, allows HashKey to operate a virtual asset trading platform under Hong Kong’s securities laws. The second one, Type 7, officially enables the firm to provide automated trading services to both institutional and retail users, the announcement notes.

In addition to becoming one of the first licensed exchanges to offer retail crypto trading in Hong Kong, HashKey has also officially launched its crypto over-the-counter (OTC) trading service, HashKey Brokerage. The OTC platform is said to comply with local securities laws following the adoption of a new crypto regulatory framework by the SFC.

Related: Hong Kong and Saudi Arabia collaborate on tokens and payments

HashKey Group chief operating officer Livio Weng expressed confidence in the establishment of licensed trading platforms and the further clarity of regulatory frameworks in Hong Kong. He added:

“The industry as a whole will witness increased transparency, leading to a significant boost in investor confidence.”

HashKey isn't the only crypto exchange that is now fully ready to offer crypto trading to Hong Konh retail users in legal terms. OSL, another local crypto firm, on Aug. 3 also announced that it received an uplift to its existing license from the SFC, allowing to offer Bitcoin (BTC) and Ether (ETH) trading to retail investors immediately.

"We have been fully regulated for virtual asset trading by the SFC since 2020," OSL co-founder Dave Chapman told Cointelegraph. He stressed that the latest licensing uplift allows OSL to facilitate access to digital assets for retail investors.

The news comes soon after an executive at the Hong Kong-based Hang Seng Bank argued that crypto companies can only open bank accounts after obtaining an approval-in-principle license from the SFC. By early August, OSL and Hashkey were reportedly the only exchanges that received approval.

Magazine: Hall of Flame: Wolf Of All Streets worries about a world where Bitcoin hits $1M

Share10Tweet6ShareSharePin2

Related Posts

Coinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge
Bitcoin

Coinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge

15.07.2025
0

BitcoinWorldCoinbase’s Astounding $100 Billion Milestone Amidst Bitcoin’s Record Surge The cryptocurrency world is buzzing with excitement, and for good reason!...

Read moreDetails
Bitcoin’s Unseen Ascent: Why Market Euphoria Is Still Ahead, According to Alphractal CEO

Bitcoin’s Unseen Ascent: Why Market Euphoria Is Still Ahead, According to Alphractal CEO

14.07.2025
Bitcoin Holdings Soar: The Blockchain Group’s Momentous Digital Asset Accumulation

Bitcoin Holdings Soar: The Blockchain Group’s Momentous Digital Asset Accumulation

14.07.2025
Bitcoin’s Astonishing Anomaly: Why Public Search Interest Remains Low Despite Record Highs

Bitcoin’s Astonishing Anomaly: Why Public Search Interest Remains Low Despite Record Highs

14.07.2025
Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

Bitcoin Treasury Strategy: Unleashing Growth with The Blockchain Group’s $3.52M Boost

08.07.2025
Load More
Next Post
Shiba Inu (SHIB) Transactions Skyrocket by 600% in a Single Night

Shiba Inu (SHIB) Transactions Skyrocket by 600% in a Single Night

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Leading AI Claude Predicts the Price of XRP, Shiba Inu and Pepe by the End of 2025

Leading AI Claude Predicts the Price of XRP, Shiba Inu and Pepe by the End of 2025

4 months ago
Exclusive Shiba Inu BONE Giveaway: All About the ‘Meme Battle’ Contest

Exclusive Shiba Inu BONE Giveaway: All About the ‘Meme Battle’ Contest

2 years ago
BONE ShibaSwap Gains Massively After a Bounce off Key Support Levels

BONE ShibaSwap Gains Massively After a Bounce off Key Support Levels

2 years ago
XRP Price Prediction: NIGHT Airdrop Goes Live – Are XRP Holders About to Claim Free Tokens?

XRP Price Prediction: NIGHT Airdrop Goes Live – Are XRP Holders About to Claim Free Tokens?

2 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Crypto Transfers Between Korean Exchanges and Cambodia’s Huione Jump 1,400x to $8.9M

Bitcoin Nears $116K as Stocks Rally on Signs of Thaw in US-China Trade Tensions

Sharplink Gaming Adds $80M in Ethereum to Strategic Reserve After Month-Long Lull

Ledger Faces Backlash Over New Multisig App Fees Despite Technical Upgrade

Your Crypto Isn’t Safe Outside the Blockchain, Vitalik Buterin Warns

Kyrgyzstan Launches Stablecoin on BNB Chain, Eyes National Digital Currency and Crypto Reserve

Trending

Michael Saylor’s Strategy Buys 390 BTC, Boosting Treasury to 640K BTC
All news

Michael Saylor’s Strategy Buys 390 BTC, Boosting Treasury to 640K BTC

27.10.2025
0

Strategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, has once again expanded its Bitcoin...

Bitcoin rally smashes past $116k on softer Fed bets: What changes next?

Bitcoin rally smashes past $116k on softer Fed bets: What changes next?

27.10.2025
China’s DeepSeek and Alibaba’s Qwen AI Beat Rivals in Crypto Trading Contest

China’s DeepSeek and Alibaba’s Qwen AI Beat Rivals in Crypto Trading Contest

27.10.2025
Crypto Transfers Between Korean Exchanges and Cambodia’s Huione Jump 1,400x to $8.9M

Crypto Transfers Between Korean Exchanges and Cambodia’s Huione Jump 1,400x to $8.9M

27.10.2025
Bitcoin Nears $116K as Stocks Rally on Signs of Thaw in US-China Trade Tensions

Bitcoin Nears $116K as Stocks Rally on Signs of Thaw in US-China Trade Tensions

27.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz