Presence
HashKey Group, a prominent blockchain enterprise, has recently completed the acquisition of three key licenses, reinforcing its position as a leader in the cryptocurrency sector and accelerating its global expansion strategy. These licenses mark a significant step toward the company’s diversification and compliance efforts.
Details of the Licenses
- Hong Kong SFC Type 1 and Type 7 Licenses
HashKey obtained Type 1 (securities trading) and Type 7 (automated trading services) licenses from the Hong Kong Securities and Futures Commission (SFC), allowing it to operate legally in crypto asset trading activities within Hong Kong. - Singapore MAS Digital Payment License
A subsidiary of HashKey received a digital payment license from the Monetary Authority of Singapore (MAS), further extending its influence in the Southeast Asian market. - European VASP (Virtual Asset Service Provider) License
HashKey also secured a VASP license in Europe, laying the groundwork for its expansion into the European market.
Impact of the Global Strategy
HashKey emphasized that these licenses not only signify a major milestone in compliance but also enable the company to offer a broader range of cryptocurrency services worldwide. The group’s president stated, “Acquiring these licenses is a critical step in our global strategy, and we are committed to advancing blockchain innovation and adoption.”
Future Outlook
As the blockchain and cryptocurrency industry continues to grow rapidly, HashKey plans to obtain further regulatory approvals in new markets and strengthen partnerships globally to drive the mainstream adoption of virtual assets.