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Ethereum World News 2023-08-03 11:34:06

Hong Kong Awards First Crypto License To Hashkey

The crypto exchange upgraded its type 1 and type 7 licenses to include services approved for Hong Kong retail customers. Haskkey’s former license only permitted the entity to do business with professional investors in the city-state. Hong Kong has officially issued its first crypto license two months after regulators introduced a Virtual Asset Service Provider registration policy. The new licensing regime forms part of an effort to position Hong Kong as a global crypto hub and pull digital asset businesses

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