HashKey Exchange, a licensed cryptocurrency exchange in Hong Kong, has received approval from JPMorgan to open a client money account, according to ChainCatcher. HashKey Holdings said the account will use JPMorgan’s banking infrastructure to support segregation and settlement of client funds. The update adds to the exchange’s recent banking arrangements and product changes. On June 30, HashKey Exchange enabled a client money account with DBS Bank in Singapore, allowing fiat deposits, withdrawals, and settlement services. One week earlier, HashKey Holdings merged the previously separate HashKey Exchange and HashKey Global apps into a single entry point. The company was listed in Hong Kong in December last year after raising $206 million in an oversubscribed initial public offering. The latest move links HashKey Exchange with another global bank as it continues to build out account infrastructure tied to customer assets and settlement functions.
HashKey Exchange, a licensed cryptocurrency exchange in Hong Kong, has received approval from JPMorgan to open a client money account, according to ChainCatcher.
HashKey Holdings said the account will rely on JPMorgan’s banking infrastructure to support segregation and settlement of client funds.
HashKey Exchange previously enabled a client money account with DBS Bank in Singapore on June 30, supporting fiat deposits, withdrawals, and settlement services.
One week ago, HashKey Holdings combined the previously separate HashKey Exchange and HashKey Global apps into a single entry point.
HashKey Holdings was listed in Hong Kong in December last year after raising $206 million in an oversubscribed initial public offering.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
