HashKey Technology Services, the over-the-counter trading arm of Hong Kong-based digital asset group Hashkey, has received preliminary approval from the Monetary Authority of Singapore (MAS) to provide cryptocurrency services in Singapore.
The platform, which offers spot trading of nearly 40 digital payment tokens and on- and off-ramp services for institutional and accredited investors, was granted an in-principle approval by MAS for its primary payment institution license application.
The company offers institutional and accredited investors services like spot trading for different types of cryptocurrencies.
Mr. Li Liang, chief executive of this trading arm, stated: “With this in-principle approval, we’re pleased to move a step closer to our vision of providing a comprehensive and regulated over-the-counter trading solution that supports a wide range of digital payment tokens and…
