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HashKey Exchange has officially opened its doors, marking its entry as the first licensed retail virtual asset exchange in Hong Kong. HashKey Exchange, Hong Kong’s first licensed retail virtual asset exchange , has officially commenced operations. The launch event was a collaborative effort among representatives from the Hong Kong Special Administrative Region (HKSAR) government, major banking institutions, insurance companies, and Big 4 auditing firms. It's a momentous day! HashKey Exchange Grand Launch is TODAY, and we're poised to set new standards in crypto services. Join us for inspirational speeches and a peek at the road ahead. The future is bright! #Crypto #launch #HongKong pic.twitter.com/8N93TFQ2po — HashKey Exchange (@HashKeyExchange) August 28, 2023 You might also like: HashKey to debut Bitcoin and Ethereum retail trading in Hong Kong The HashKey Exchange platform allows for direct bank transfers in both USD and HKD and cryptocurrenci...

Republican Representative French Hill of Arkansas has joined the growing list of policymakers opposing the idea of a Central Bank Digital Currency (CBDC). The Congressman has proposed legislation prohibiting the Federal Reserve from issuing a digital currency without explicit Congressional authorization. In an exclusive interview with Forbes on Aug. 23, Hill praised the Federal Reserve’s recent efforts to modernize the nation’s payment system through FedNow. However, he maintained that there should be a distinct separation between this system and the prospect of a CBDC. I sat down with @Steven_Ehrlich from @ForbesCrypto to discuss all things #crypto. Read more️https://t.co/kdiTuIABnf — French Hill (@RepFrenchHill) August 23, 2023 Despite his endorsement of FedNow, he is against the idea of the Fed introducing a CBDC for retail use saying he “don’t see the need for it in a developed market like the United States.” He further stressed the importance of priv...