HashKey Global is pleased to announce the completion of Tether (USDT) integration on the BNB Chain, with deposit and withdrawal services now open.
HashKey Global now supports USDT deposit and withdrawal services “on the ERC20, TRC20, BEP20, and Arbitrum networks.”
As noted in the update, HashKey Global claims it is “one of the flagship global digital asset exchanges under HashKey Group, offering licensed digital asset trading services to users worldwide.”
In other key updates, it was revealed that HashKey Global has obtained “a license from the Bermuda Monetary Authority with the potential to provide mainstream trading and service products such as LaunchPad, contracts, leverage, and staking.”
HashKey Technology Services Pte. Ltd. (HashKey OTC), the over-the-counter (OTC) trading arm of HashKey Group, has been “granted the Major Payment Institution license from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019 to provide digital payment token (DPT) services.”
With the grant of the licence, HashKey OTC now “offers regulated DPT services. This significant achievement solidifies HashKey OTC’s position as a leading provider of regulated OTC trading in respect of DPT in Singapore. Following the in-principle approval in late-February this year, the licence approval underscores HashKey OTC’s commitment to regulatory compliance and operational excellence.”
Li Liang, CEO of HashKey OTC said:
“With the Major Payment Institution licence granted by MAS, HashKey OTC is now poised to offer comprehensive and regulated OTC trading solutions for DPT.”
HashKey OTC had previously been operating “under an exemption from holding a license under the Payment Services Act 2019 for the provision of DPT services, and it is able to support spot trading, on/off ramp trades, and large notional trades with swift settlement options.”
With the Major Payment Institution licence secured, HashKeyOTC looks forward “to enhancing its offerings and contributing to the vibrant digital asset ecosystem.”
At HashKey OTC, the over-the-counter (OTC) trading arm of HashKey Group, they aim to “serve as your trusted partner in the world of digital assets.”
With a strong legacy and reputation, they claim to “focus on providing regulatorily-compliant digital asset trading services to accredited and institutional investors.”