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HashKey Group Approved to Conduct Over-the-Counter (OTC) Trading of Virtual Assets

February 24, 2023
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HashKey Group (“HashKey”), a provider of digital asset financial services, announced that it has received approval from the Hong Kong Securities and Futures Commission (“SFC”) to allow its Hash Blockchain Limited (“HBL”) to carry out OTC virtual asset platforms. Transaction business (OTC).

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.

The approval demonstrates HashKey’s continued commitment to providing a safe and secure trading environment for its clients, while the SFC will ensure that companies operating within its jurisdiction adhere to high standards of transparency, security and integrity.

It is reported that HashKey Group has previously been approved by the Securities Regulatory Commission to operate a virtual asset trading platform for professional investors under a Type 1 (securities transaction) license and a Type 7 (provision of 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.

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