HashKey launches global cryptocurrency exchange based in Bermuda
Key Takeaways
- Asian digital asset services company HashKey Group has launched the HashKey Global cryptocurrency exchange in Bermuda after obtaining the necessary licenses.
- HashKey is introducing spot trading for 21 digital assets, with the ambition to become a leading global exchange within five years.
- Bermuda was strategically chosen for its regulatory environment suitable for expansion.
HashKey Group, an Asian digital asset financial services group, announced a successful project. Cryptocurrency exchange HashKey Global launched After obtaining a license in Bermuda.
Ben El-Baz, Managing Director of Hashkey Global, shared that the company explored its options and decided. Bermuda’s regulatory environment was ideally suited for expansion.
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In the initial phase, HashKey Global will be launched. Spot trading services for 21 digital assets, Includes stablecoins such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC). also We plan to launch futures trading product services in the coming weeks.
Livio Weng, COO of HashKey Group, emphasized the company’s forward-looking vision.
HashKey Group aims to build one of the world’s largest clusters of licensed exchanges within the next five years, surpassing all currently regulated exchanges.
Headquartered in Hong Kong with operations in Singapore and Tokyo, the group is currently Earn unicorn status The fundraising round brings it closer to its goal of $100 million.
The launch of this cryptocurrency exchange sets the stage for what promises to be extensive growth for the company, ensuring that traders and investors around the world have access to a safe, reliable and dynamic trading platform.
This is also an important step forward for Bermuda as it aims to achieve its vision of becoming a cryptocurrency hub.
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