Only Binance is Included in the Rules Imposed by the Hong Kong Licensed Exchange!

HashKey, the first cryptocurrency exchange licensed in Hong Kong, shared a remarkable update regarding deposits from third-party exchanges.

In the announcement shared by HashKey on December 21, from third party exchanges It included an update regarding the deposit transactions to be made. Exchange, From January 1, 2024 While stating that it has officially integrated the Travel Rule from now on, only through Binance He emphasized that it will support cryptocurrency deposits and withdrawals. HashKey, in the future He signaled that new stock exchange integrations will be made.

The Travel Rule follows transactions made between global exchanges and the users with whom transactions are made. preventing money laundering aims.

In another announcement made by HashKey in December, January 1, 2024 since 24 different It was declared that cryptocurrency deposits can be made from third-party cryptocurrency exchanges, but it seems that this decision has not been implemented yet and the privilege in question is only granted to Binance:

In accordance with regulatory requirements in Hong Kong, effective January 1, 2024, HashKey Exchange will officially implement the Travel Rule. As a result, adjustments will be made to deposits and withdrawals between our platform and third-party exchanges. Currently withdrawals are only supported for Binance. The prospectus process will remain the same and we will gradually expand the list of supported exchanges on our platform.

Deposits to HashKey $1,024 (HKD8,000) While it was stated that transactions exceeding this limit could only be made through Binance.

HashKey, the country’s first licensed cryptocurrency exchange Bitcoin (BTC), Ethereum (ETH), Tether (USDT) And USD Coin (USDC), Avalanche (AVAX), Uniswap (UNI), Chainlink (LINK), Lido DAO (LDO), Maker (MKR), Polkadot (DOT), Compound (COMP), Render (RNDR), dYdX (DYDX) And Synthetix Network (SNX) including 13 different cryptocurrencies is being traded.

source site-10