On December 6th, the licensed virtual asset exchange in Hong Kong, HashKey Exchange, will list Render (RNDR). Deposits are now open, and the RNDR/USD trading pair will open at 16:00 on December 8th, 2023 (UTC+8). This is only available to professional investors.

According to Lookonchain monitoring, a wallet address related to Hashkey withdrew 9,000 ETH (approximately $20 million) from Binance and OKEx today. Lookonchain stated that the wallet used the same deposit address as Hashkey and may belong to Hashkey.

Hashkey, a licensed crypto exchange in Hong Kong, is set to allow individual and enterprise market makers to provide liquidity on the platform. Interested parties must trade at least $5 million worth of cryptocurrencies per month and have their business plans reviewed before being invited to sign a contract with the exchange's due diligence team. Market makers will receive commission based on monthly rankings or trading volume, with the highest tier requiring a trading volume of at least $100 million per month. Other Hong Kong-regulated exchanges, such as OSL, have also expanded their services and partnerships since receiving licenses in August.

On December 5th, HashKey Exchange announced the official launch of the market-making project from 2:00 pm on December 28th, 2023, to provide liquidity to the platform through rewarding and incentivizing users. The program is open to enterprise or individual PI users, and applicants need to submit detailed information to HashKey and pass the review. HashKey provides different levels of negative hanging order fee incentives for market makers, determined by monthly average weighted depth ranking and monthly Maker trading volume ratio.In addition, users who become market makers before February 28th, 2024, can enjoy Tier 1 trial rates.

On December 5th, according to an official announcement, Compound (COMP) will soon be listed on the licensed virtual asset trading platform HashKey Exchange in Hong Kong. The details and schedule for the listing are as follows:<br>Deposits and withdrawals: now open;<br>Trading starts: December 7th, 2023 at 16:00 (Hong Kong time);<br>Trading pair: COMP/USD;<br>Open to user type: professional investors only.

Polkadot (DOT) is about to be listed on HashKey Exchange, a licensed virtual asset exchange in Hong Kong. Recharge and withdrawal: now open; Trading opens: 16:00 on November 30, 2023 (Hong Kong time); Trading pair: DOT/USD. Open to user types: professional investors only.

HashKey Exchange posted on social media X, saying that as a licensed virtual asset exchange in Hong Kong, we are proud to be able to adhere to the highest industry compliance standards. Compliance is not a burden, but a benefit. It adds value and reduces risk. We can see that more and more industry participants are passively or actively turning to comprehensive compliance. It has become a consensus that global virtual asset industry standards will be led by Hong Kong.

On November 20th, Huaxia Fund (Hong Kong) announced on its public account that it has signed a memorandum of cooperation with HashKey Exchange and Hamsa, bringing high-quality innovative products to the Hong Kong market.

HashKey Exchange, a licensed virtual asset trading platform in Hong Kong, was approved by the Securities and Futures Commission to launch the first licensed exchange application in Hong Kong at the beginning of the month. Currently, only individual investors can invest in Bitcoin and Ethereum on the platform. HashKey Group's Chief Operating Officer, Xiaoqi Weng, said that they have submitted applications for four types of currencies to be listed and are waiting for further inquiries and approvals from the Securities and Futures Commission. He believes that there will be opportunities for individual investors to buy and sell next year.<br>He said that with the release of the application, the total trading volume of the platform has exceeded US$1 billion, and the total registered users now exceed 120,000, with the largest growth and trading volume coming from individual professional investor users, mainly from Hong Kong. He said that for the rest of the year, they will focus on promoting professional investor trading.

HashKey Exchange, a licensed exchange in Hong Kong, has officially announced its cooperation with digital asset insurance company OneDegree to provide digital asset insurance services covering hot and cold wallets. The two parties have signed a virtual asset protection agreement to enhance financial, technological, and service infrastructure and provide customers with more comprehensive protection.