HashKey Exchange: Obtains official approval for the upgrade of License No. 1 and No. 7, becoming the first licensed trading platform in Hong Kong targeting retail users.

According to BlockBeats news on August 3rd, HashKey Group announced on its official website that its HashKey Exchange 1 and 7 licenses have been officially upgraded and approved, making it the first licensed trading platform in Hong Kong for retail users. This license upgrade will further expand the business scope of the HashKey trading platform, from serving only professional investors to retail users, in order to meet market demand and provide more secure and convenient buying and storing services for retail users. The announcement stated that in addition to supporting fiat currency deposits and withdrawals, the HashKey trading platform will also cooperate with commercial banks, including the Hong Kong Monetary Authority, to provide users with convenient fiat currency deposit and withdrawal services. In addition, the platform has also opened the only compliant over-the-counter trading platform in the East, providing users with more trading options. Livio Weng, Chief Operating Officer of HashKey Group, said, "We are pleased to become the first licensed trading platform in Hong Kong for retail users. With the landing of licensed trading platforms and further clarification of regulatory frameworks in Hong Kong, the entire industry will become more transparent and investor confidence will be greatly enhanced. As an industry leader, we will continue to fulfill our commitments to compliance, fund security, and platform security, ensure that users' rights are fully protected, and create a trading platform tailored for retail users."