According to Followin news, on June 25, the Hong Kong licensed crypto exchage HashKey platform coin $HSK has continued to rise in recent days, with an increase of 41.3% in the past 24 hours and more than 120% in the past week. The current market value is 79 million US dollars.
Previously, according to crypto KOL AB Kuai.Dong (@_FORAB), Guotai Junan International and Futu’s plan to enter the crypto still adopts the broker intermediary model, and the underlying technology is supported by Hashkey.
As Hong Kong regulators continue to introduce new favorable policies for the crypto industry, especially in the field of stablecoins, many large institutions are currently planning to launch stablecoins in Hong Kong. The favorable regulatory environment may have driven the rise of HSK.
