HashKey supports overnight forex, and the licensed trading platform has fully implemented 24/7 fiat currency exchange for the first time.
11 hours ago
Hong Kong-based HashKey Exchange, a leading licensed virtual asset platform, today announced it’s launching 24/7 USD-to-HKD foreign exchange (FX) services—marking the first time a licensed virtual asset platform in the city supports both retail and institutional clients with round-the-clock fiat currency swaps. This lets more users enjoy a near-seamless crypto market funding experience.
Previously, HKD and USD exchanges were restricted to banking hours, making it hard for institutions to hedge overnight or individuals to move funds quickly. With the new overnight FX service, HashKey will handle requests outside standard banking hours, letting users swap currencies anytime without waiting for banks to open or taking extra steps. As a licensed platform, funds for overnight FX are fully segregated from the platform’s operational funds and monitored in real time by its system—ensuring these swaps are just as secure and reliable as daytime transactions.
This update eliminates time gaps in HashKey’s fiat channels and boosts Hong Kong’s digital financial infrastructure. Whether institutional investors looking to adjust positions in real time or retail users wanting to swap funds on demand, both can now access an uninterrupted, seamless FX experience in a regulated setting.
Randall Chan, HashKey Exchange’s Managing Director, said: “Fiat liquidity has long been a top barrier for institutions entering the digital asset space. Our 24/7 overnight FX cuts down on time constraints for hedging, transferring, and settling—letting funds flow securely around the clock. Next, we’ll keep integrating trading, deposits/withdrawals, custody, and settlement to build a full liquidity infrastructure that lets users access their funds anytime, all while staying compliant with regulations.”
About HashKey Exchange: HashKey Exchange aims to set a new bar for virtual asset exchanges in compliance, fund security, and platform safety. A subsidiary of Hash Blockchain Limited, it’s among Hong Kong’s first licensed retail virtual asset exchanges. Approved by the Hong Kong Securities and Futures Commission (SFC), it holds Type 1 (Securities Trading) and Type 7 (Automated Trading Services) licenses under the Securities and Futures Ordinance, plus a virtual asset trading platform license under the Anti-Money Laundering Ordinance. HashKey also has ISO 27001 (Information Security) and ISO 27701 (Privacy Information) certifications. To comply with laws, HashKey does not serve users in mainland China, the U.S., or certain other jurisdictions.
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