Bitcoin
Bitcoin (BTC)
$66,387.00 -0.96491
Bitcoin price
Ethereum
Ethereum (ETH)
$3,456.37 -1.95905
Ethereum price
BNB
BNB (BNB)
$588.58 0.06759
BNB price
Solana
Solana (SOL)
$176.34 -0.88493
Solana price
XRP
XRP (XRP)
$0.6151860 2.18523
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000173 -1.24837
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000126 3.14793
Pepe price
Bonk
Bonk (BONK)
$0.0000286 -1.44348
Bonk price
Bitcoin
Bitcoin (BTC)
$66,387.00 -0.96491
Bitcoin price
Ethereum
Ethereum (ETH)
$3,456.37 -1.95905
Ethereum price
BNB
BNB (BNB)
$588.58 0.06759
BNB price
Solana
Solana (SOL)
$176.34 -0.88493
Solana price
XRP
XRP (XRP)
$0.6151860 2.18523
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000173 -1.24837
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000126 3.14793
Pepe price
Bonk
Bonk (BONK)
$0.0000286 -1.44348
Bonk price
Bitcoin
Bitcoin (BTC)
$66,387.00 -0.96491
Bitcoin price
Ethereum
Ethereum (ETH)
$3,456.37 -1.95905
Ethereum price
BNB
BNB (BNB)
$588.58 0.06759
BNB price
Solana
Solana (SOL)
$176.34 -0.88493
Solana price
XRP
XRP (XRP)
$0.6151860 2.18523
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000173 -1.24837
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000126 3.14793
Pepe price
Bonk
Bonk (BONK)
$0.0000286 -1.44348
Bonk price
Bitcoin
Bitcoin (BTC)
$66,387.00 -0.96491
Bitcoin price
Ethereum
Ethereum (ETH)
$3,456.37 -1.95905
Ethereum price
BNB
BNB (BNB)
$588.58 0.06759
BNB price
Solana
Solana (SOL)
$176.34 -0.88493
Solana price
XRP
XRP (XRP)
$0.6151860 2.18523
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000173 -1.24837
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000126 3.14793
Pepe price
Bonk
Bonk (BONK)
$0.0000286 -1.44348
Bonk price

Hong Kong’s HashKey Exchange restricts large third-party deposits except from Binance

hong-kongs-hashkey-exchange-restricts-large-third-party-deposits-except-from-binance
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Hong Kong’s HashKey Exchange restricts large third-party deposits except from Binance

Hong Kong’s HashKey Exchange says crypto deposits greater than $1,024 will only be allowed from Binance.

In a blog announcement on Dec. 21, HashKey Exchange said it wants to meet regulatory requirements introduced by the Hong Kong Securities and Futures Commission (SFC), which is why the exchange will not accept crypto deposits from third-party exchanges except Binance. Those users who send more than 8,000 HKD (around $1,024) would have to adhere to regulatory Travel Rule guidelines.

“Currently, HashKey Exchange only accepts a single digital asset deposit of equal amounts greater than 8,000HKD from binance.com. Deposit from other third party exchanges are not able to accepted.”

HashKey Exchange

However, deposits below 8,000 HKD from 24 designated crypto exchanges will be permitted.

Starting Jan. 1, 2024, deposits of less than 8,000 HKD will be accepted from the following list of exchanges: Binance, Coinbase, Kraken, Binance.us, Bitfinex, Gemini, Bitstamp, Coincheck, OKX, Bitflyer, Bybit, Bithumb, Bitget, Upbit, Gate, Mexc, Crypto.com, OSL, Fireblocks, WhaleFin, ACE exchange, XPert Custody, HEX TRUST (HexSafe), and BitMEX.

Users are reminded to provide proof of the source of funds during the initial deposit from third-party exchanges. As of the latest update, HashKey Exchange supports retail deposits in Bitcoin (BTC) and Ethereum (ETH).

Launched in November, HashKey Exchange caters to both institutional and retail investors, positioning itself as a compliant crypto trading platform in the Hong Kong market.