HashKey is set to become Hong Kong’s first licensed cryptocurrency exchange offering services to retail users following the licence update from the Hong Kong Securities and Futures Commission. Securing its Type 1 (dealing in securities) and a Type 7 (providing automated trading services) licence last November, HashKey is one of two licensed crypto exchanges in the region, alongside OSL. Meanwhile, the Hong Kong Monetary Authority has recently urged local banks to accommodate the business needs of licensed crypto exchanges.

Source: https://www.reuters.com