HashKey Group has been approved by the Hong Kong Securities and Futures Commission to conduct over-the-counter (OTC) trading of virtual assets

ChainCatcher news, digital asset financial service provider HashKey Group ("HashKey") announced that it has received approval from the Hong Kong Securities and Futures Commission ("SFC") for its subsidiary Hash Blockchain Limited ("HBL") to conduct over-the-counter (OTC) trading of virtual asset platform.

This approval allows HashKey to engage in virtual asset trading activities outside of the trading platform. When there is a demand for trading tokens not listed on exchanges, HBL can act as an intermediary to facilitate transactions between both parties. This approval indicates HashKey's ongoing commitment to providing its clients with a secure and reliable trading environment, while the SFC will ensure that companies operating within its jurisdiction adhere to high standards of transparency, security, and integrity.

It is reported that HashKey Group has previously obtained approval from the SFC to operate a virtual asset trading platform for professional investors through its subsidiary HBL under Type 1 (Securities Trading) and Type 7 (Providing Automated Trading Services) licenses.