HashKey Capital Gains Hong Kong’s Type 1 License for Crypto Brokerage
With the latest authorization, HashKey Capital can market and distribute investment funds and structured products, including those tied to virtual assets.
With the latest authorization, HashKey Capital can market and distribute investment funds and structured products, including those tied to virtual assets.
The integration comes at a time when Bitcoin’s role in decentralized finance (DeFi) is gaining traction. Despite being the foundation of the crypto industry, Bitcoin’s DeFi ecosystem remains in its early stages.
As per reports, a French court granted Durov permission to leave the country on March 13, allowing him to travel to Dubai. The specifics of the court’s decision remain undisclosed, but the move has drawn attention given Dubai’s business-friendly environment and its lack of extradition agreements with several nations.
Since establishing its Middle East headquarters in DIFC in 2020, Ripple has been expanding its footprint in the region. Currently, around 20% of its global customer base operates in the Middle East, a region noted for its high institutional readiness for crypto adoption.
With this deal, MoonPay’s financial services will extend to enterprise-grade stablecoin offerings, enabling businesses to accept cross-border stablecoin payments and hold multi-currency treasuries or yield-bearing assets, such as U.S. Treasury bills.