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HashKey to debut Bitcoin and Ethereum retail trading in Hong Kong

Crypto exchange HashKey Group is set to debut Bitcoin (BTC) and Ethereum (ETH) trading services for its Hong Kong customers on Aug. 28. In an interview with local media, HashKey chief operating officer Weng Xiaoqi announced that its exchange business will start offering retail trading services for crypto. The firm had applied for a license in July and received approval earlier this month. #HashKey to start #crypto retail trading service in #HongKong next Monday$PEPE#PlaySamsungSSD#LockHimUp#TrumpMugShot#FIBAWC pic.twitter.com/49e2U2YPak — Bitcoin News (@BitcoinNew42759) August 25, 2023 According to Weng, HashKey chose to start with BTC and ETH since they have the largest circulation and the lowest risk. He also added that HashKey was considering providing margin and derivative products in the event it receives approval from Hong Kong’s Securities and Futures Commission (SFC). The exchange is also reportedly in conversation with several major Hong Kong banks to facilitate ...

The metaverse is creating a new virtual marketplace for retail brands

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Entrepreneurs have begun leveraging favorable legislation to create new cannabis markets in the metaverse. Entrepreneurs are betting on the future of the metaverse and cannabis industries. In the last decade, developments in government legislation have led to the legalization or decriminalization of Cannabis in a number of countries, municipalities and U.S. states, allowing users to fully appreciate the sacred plant in both recreational and medicinal settings. While Cannabis remains classified as a Schedule 1 drug by the United States federal government, decades of protests, scientific research and political lobbying have significantly reduced its stigma and opened the Cannabis market for commercialization efforts. Technologically, the rise of the metaverse has reinvigorated the impact of having a virtual presence. The internet and social media introduced the concept of a “virtual self” and with it, facilitated an unprecedented form of communication and interaction. The metaverse is ...