Share this article
HashKey Group to Debut Regulated Exchange in Second Quarter
The exchange will be open to professional investors. HashKey plans to welcome retail users in coming months.
By Lavender Au
Updated May 9, 2023, 4:12 a.m. Published Apr 14, 2023, 12:09 p.m.
Digital asset financial services firm HashKey Group plans to introduce a regulated exchange in the second quarter, the company said in a statement on its website.
The exchange, called HashKey PRO, will offer bitcoin , ether , USD coin (USDC) and fiat trading pairs, according to the statement. HashKey said it is preparing to offer services to retail investors "in the coming months."
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The company is one of only two firms with licenses from Hong Kong's Securities and Futures Commission (SFC) to operate a virtual asset trading platform and provide trading services. While the regulator has indicated it is considering allowing licensed platforms to serve retail investors, the investor protection measures under which these services could be offered are not yet set.
The SFC has indicated that licensed exchanges will be able to offer only very liquid virtual assets for retail trading and its token admission requirements are not yet clear.
Read more: Hong Kong Proposes Rules for Crypto Trading Platforms
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
USDC Issuer Circle Secures Abu Dhabi's ADGM License in Middle East Expansion
The license allows Circle to expand USDC payment and settlement tools across the United Arab Emirates.
What to know:
- Circle has obtained a Financial Services Permission license from Abu Dhabi Global Market, allowing it to operate as a Money Services Provider in the UAE.
- The stablecoin issuer has appointed Dr. Saeeda Jaffar, former manager at payments firm Visa.
- The approval comes as part of the UAE's emergence as a global hub for regulated digital assets, following similar licenses granted to Binance.
Top Stories
