Two Hong Kong local firms approved to operate licensed exchange for retail investors
POLICY & REGULATION
Two Hong Kong local firms approved to operate licensed exchange for retail investors
POLICY & REGULATION

Two Hong Kong local firms approved to operate licensed exchange for retail investors

 

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Local cryptocurrency firms HashKey Group and OSL have received approval from regulators to operate Hong Kong’s first licensed cryptocurrency exchanges for retail investors.

HashKey and OSL were already the only two local exchanges licensed by the Securities Futures Commission (SFC) to provide certain digital asset trading services to professional investors. 

On Thursday, they both announced that their existing licences had been upgraded to allow them to offer their services to retail investors.