According to ChainCatcher, digital asset financial services provider HashKey Group ("HashKey") announced that it has obtained approval from the Hong Kong Securities and Futures Commission ("SFC") to allow its subsidiary Hash Blockchain Limited ("HBL") to conduct over-the-counter (OTC) trading business outside the virtual asset platform.
The approval allows HashKey to conduct virtual asset trading business outside of the exchange platform. When there is a demand for trading tokens that are not listed on the exchange, HBL can act as an intermediary to match the two parties. The approval shows that HashKey continues to be committed to providing a safe and reliable trading environment for its customers, and the Securities and Futures Commission will ensure that companies operating under its jurisdiction adhere to high standards of transparency, security and integrity.
It is reported that HashKey Group has previously obtained approval from the Securities and Futures Commission to operate a virtual asset trading platform for professional investors through its subsidiary HBL under a Category 1 (Securities Trading) license and a Category 7 (Providing Automated Trading Services) license. The company will continue to be committed to sustainable growth and strive to become a globally reputable and fully compliant digital asset ecosystem.