Hong Kong Crypto Regime Grants First License to Hashkey

The video discusses Haske Exchange's recent approval from the SFC for a type one and type seven license, making it the first licensed exchange in Hong Kong for both institutional and retail investors. The exchange offers unique features such as Fiat on and off-ramp services, partnerships with major banks, and compliance with high regulatory standards. It also provides Fiat trading pairs, eliminating the need for stable coins, and ensures asset security with licensed custody services. The video highlights the importance of security measures against crypto hacking.

What milestone did Haske Exchange achieve with its new licenses?

• First licensed exchange in the U.S.

• First licensed exchange in Hong Kong for both institutional and retail investors

• First exchange to offer Bitcoin trading

• First exchange to partner with a U.S. bank

What unique feature does Haske Exchange offer that many unregulated exchanges lack?

• Exclusive Bitcoin trading

• Free trading for all users

• Partnership with a U.S. bank

• Direct bank transfer acceptance from 16 countries

What is one of the reasons Haske Exchange was able to obtain its license?

• It spent more money than competitors

• It offers unique features like Fiat on and off-ramp

• It has the largest user base

• It is the oldest exchange in Hong Kong

How does Haske Exchange improve the user experience for crypto newcomers?

• By offering free trading for the first month

• By eliminating the need for stable coins in trading

• By providing a mobile app

• By offering 24/7 customer support

What security measure does Haske Exchange implement to protect assets?

• Partnering with a cybersecurity firm

• Providing a two-factor authentication system

• Storing up to 98% of assets in cold storage

• Offering insurance for all trades