Hong Kong is expanding cryptocurrency trading exposure to individual investors, with at least one exchange getting the regulatory green light to offer such services.
HashKey’s new regulatory milestone has been enabled through the upgrade of two major licenses issued by Hong Kong’s Securities and Futures Commission .
The first license, Type 1, allows HashKeyGroup 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.
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