Originally appeared on Cointelegraph
HashKey and OSL now serve retail cryptocurrency users in Hong Kong after receiving license uplifts from local regulators.
Hong Kong retail cryptocurrency traders are slowly gaining access to locally based cryptocurrency exchanges as HashKey Exchange launched retail trading services to users in China’s special administrative region on Aug 28.
The company was previously permitted to serve professional and institutional investors before being granted Type 1 and Type 7 licenses by the Hong Kong Securities and Futures Commission (SFC) on Aug 3. This paved the way to becoming a licensed retail exchange in Hong Kong.
Digital asset platform OSL also announced its license uplift from the SFC on Aug 3, which enabled the brokerage, exchange and custody provider to offer its services to retail customers in Hong Kong. OSL executive director Dave Chapman told Cointelegraph that its Hong Kong offering has been available for retail investors since the firm received the retail license uplift.
For more information, delve into the full article on Cointelegraph .