HashKey Group has officially launched its new worldwide trading platform, which supports over 20 cryptocurrencycurrencies and targets overseas users not covered by HashKey Hong Kong.
According to the latest article by the Hong Kong Economic Journal, HashKey COO Livio Weng revealed that the new platform has received a digital asset business license in Bermuda and will begin providing compliance trading services today.
Individual investors can trade over 20 cryptocurrencycurrencies using stablecoins, such as Tether (USDT) and USD Coin (USDC), using HashKey Global. Soon after its introduction, the platform intends to commence futures trading in the first quarter.
Weng stated that only institutional investors and individual investors with specified bank accounts are able to trade on HashKey because of the current regulatory structure in Hong Kong.
Weng calculated that even while the exchange now has about 170,000 customers, there are four times as many potential users interested in trading but do not have access to the reginal platform.
The new worldwide platform is positioned to target international customers, except the US, Hong Kong, China Mainland, and other regions and countries that have an active cryptocurrency ban. This is done in an effort to maximize the potential of HashKey and grow the markets it serves.