HashKey supports overnight currency exchange, marking the first time a licensed exchange has fully implemented 24/7 fiat currency exchange.

HashKey Exchange, a leading licensed virtual asset trading platform in Hong Kong, today announced support for overnight USD/HKD currency exchange. This marks the first time a licensed virtual asset platform in Hong Kong has simultaneously assisted retail and institutional clients with 24/7 fiat currency exchange, allowing more users to enjoy a fund transfer experience closer to that of the native crypto market.

Previously, Hong Kong dollar and US dollar exchange was restricted by working hours, making it difficult for institutions to hedge at night and for individuals to transfer funds in a timely manner. With the opening of nighttime currency exchange, HashKey Exchange will assist in processing requests outside of bank working hours, allowing users to complete exchanges at any time without waiting for banks to open or performing additional operations.

As a licensed platform, HashKey Exchange ensures that every transaction used for currency exchange at night is completely segregated from the platform's operating funds and is monitored in real time by the system, making nighttime exchanges just as safe and reliable as daytime exchanges.

This update addresses the time limitations of HashKey Exchange's fiat currency gateway and contributes to the improvement of Hong Kong's digital financial infrastructure. Whether it's institutional investors who need to adjust their positions in real time or individual users who wish to exchange funds at any time, they can now enjoy a continuous and smooth exchange experience in a regulated environment.

Randall Chan, Managing Director of HashKey Exchange, said: “Fiat liquidity has always been one of the biggest obstacles for institutions entering the digital asset market. Overnight currency exchange significantly reduces the time constraints for institutions in hedging, transfers, and settlements, allowing funds to flow safely at any time. Going forward, we will continue to integrate trading, deposits and withdrawals, custody, and settlement to create a complete liquidity infrastructure that allows users’ funds to be accessed at any time while always remaining within regulatory oversight.”

About HashKey Exchange

HashKey Exchange is committed to setting new benchmarks for virtual asset exchanges in terms of compliance, fund protection, and platform security. Hash Blockchain Limited (HashKey Exchange) is one of the first licensed retail virtual asset exchanges in Hong Kong. It has obtained approval from the Hong Kong Securities and Futures Commission (SFC) to hold Type 1 (dealing in securities), Type 7 (providing automated trading services), and licenses to operate a virtual asset trading platform under the Securities and Futures Ordinance, as well as under the Anti-Money Laundering Ordinance, ensuring compliant operation of its virtual asset trading platform. HashKey Exchange has obtained ISO 27001 (information security) and ISO 27701 (data privacy) management system certifications. To comply with laws and regulations, HashKey Exchange does not provide services to users in Mainland China, the United States, and certain other jurisdictions.