HashKey Group Secures Bermuda License, Launches Global Platform Through
HashKey Global, the individual investors can trade more than 20 cryptos with
stablecoins including Tether (USDT) and
USD Coin (USDC). The platform plans to introduce futures trading within the first quarter post its launch.
Though the exchange has already accumulated around
170,000 users, Weng estimated that the number of
potential users interested in trading who do not have access to the
reginal platform is four times of the current user count.
To realize the potential and expand the markets
HashKey serves, the new global platform is positioned to target international users, excluding China Mainland, Hong Kong, the United States, and other countries and regions that have an active
crypto ban. As of now, individual investors in Hong Kong can only trade
Bitcoin (BTC) and
Ethereum (ETH). The Group submitted application to the Securities and Futures Commission (SFC) in 2023 for four
additional assets but has not received any approval yet.