Hong Kong debuts retail crypto trading with HashKey and OSL, Who could be next?

[Bash4j]

In a bid to expand cryptocurrency trading exposure to individual investors, Hong Kong’s Securities and Futures Commission (SFC) has issued

its first License to Local digital asset firms Hashakey and OSL as announced by the firms on Cointelegraph Aug 3 publication.
HashKey’s new regulatory milestone will allow it to operate a virtual asset trading platform under Hong Kong's security laws while the second one will enable the firm to provide automated trading services to both institutional and retail users.


HashKey isn't the only crypto exchange that is eyeing the Hong Kong crypto space, another top-tier crypto exchange Bitget has also announced its plans to apply for the SFC license after securing the virtual asset service provided in Poland.

The continue Binance/SEC regulatory challenges have reignited the need to prioritize regulatory framework to increase transparency that might lead to a significant boost in investor confidence