TLDR
- HashKey Exchange secured JPMorgan approval to open a client money account for regulated trading operations.
- HashKey called itself the first Asian licensed digital asset exchange to secure this JPMorgan approval.
- HashKey merged Exchange and Global into one app covering several regulated digital asset market hubs.
- The unified app links Hong Kong, Singapore, Dubai and Bermuda under localized compliance rules now.
- HashKey Hong Kong supports spot trading, OTC services, four fiat currencies and about 40 assets.
HashKey Exchange has received approval from JPMorgan to open a client money account, marking a new banking milestone for Hong Kong’s regulated crypto market.
JPMorgan Approval Strengthens HashKey Exchange
HashKey said its licensed trading platform received approval to open the client money account with JPMorgan. The company described HashKey Exchange as the first licensed digital asset exchange in Asia to receive such approval from the U.S. bank.
The approval gives HashKey Exchange access to a client money account at one of the world’s largest banking institutions. The account is expected to support the platform’s regulated trading operations and client fund management.
HashKey Exchange operates under Hong Kong’s licensed digital asset framework. The company has positioned the platform as a regulated entry point for retail and institutional investors seeking compliant crypto trading services.
The development comes as Hong Kong continues building its digital asset market. Licensed exchanges remain central to that effort because they must meet local rules on custody, client assets, onboarding, and trading access.
HashKey Expands Global Trading App
HashKey Holdings recently launched a new global product and brand strategy. The update merged HashKey Exchange and HashKey Global into one flagship crypto trading app.
The company called the new structure a “multi-site unification” model. The app connects regional hubs in Hong Kong, Singapore, Dubai, and Bermuda under one user entry point.
HashKey said the model follows “unified entry, localized compliance.” Users can manage compliant accounts across supported regions based on their KYC and KYB credentials.
The platform keeps front-end access in one app, while local services remain tied to each jurisdiction’s rules. Users in restricted countries or regions cannot access services that are not approved for them.
This setup allows HashKey to join several regulated markets without removing local controls. The structure also supports the company’s broader “Asia Connect” strategy across compliant digital asset markets.
Hong Kong Hub Supports Spot and OTC Trading
HashKey Hong Kong remains the company’s base hub. The platform focuses on spot trading and OTC services, while supporting fiat on-ramps and off-ramps for four currencies.
The Hong Kong platform also supports around 40 digital assets. Its wealth management section includes tokenized assets and compliant on-chain financial products for eligible investors.
HashKey Singapore focuses mainly on OTC block trading. The Singapore operation supports same-name virtual accounts and covers 21 cryptocurrencies.
Minimum OTC orders in Singapore start at $10. Corporate clients can process single transactions up to $50 million, while individual clients can access limits up to $8 million.
HashKey Middle East provides spot trading and proprietary brokerage services. HashKey Global focuses on derivatives trading for international compliant users, while isolating restricted jurisdictions.
The new app also includes a Web3 wallet service portal that remains separate from centralized exchange operations. That feature gives users a compliant gateway to explore on-chain services while keeping exchange functions distinct.
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