ChainCatcher news, according to a report by the Hong Kong Economic Journal, HashKey Group's Chief Operating Officer, Ong Hsiao-Chi, stated in an interview that they have obtained a "comprehensive license for the Digital Asset Investor Protection System" in Bermuda. Today, they will launch the HashKey Global trading platform, which in its first phase will offer over 20 cryptocurrencies to eligible retail investors, with futures, staking, and other products expected to be launched within a quarter. He mentioned that he hopes the data and experience gained from operating these products will help facilitate the Hong Kong Securities and Futures Commission's approval process and promote the development of Hong Kong's regulatory framework.Ong Hsiao-Chi stated that the current Hong Kong platform, HashKey Exchange, has about 170,000 customers, and the estimated potential customer base interested but not compliant is four times that of existing customers. This potential cannot be realized through Hong Kong operations, hence the establishment of the HashKey Global platform, which allows direct trading using stablecoins like USDT and USDC. He explained that the two platforms have different positioning; the licensed HashKey Exchange focuses on Hong Kong and surrounding markets, as well as institutional clients, while HashKey Global serves retail investors who cannot access the Hong Kong market, excluding mainland China, Hong Kong, the United States, and countries that explicitly prohibit operating virtual asset platforms. The expected main customer base will be overseas Chinese and users from Southeast Asian countries.Looking ahead, Ong Hsiao-Chi candidly stated that HashKey will continue to operate its exchange business in a licensed manner and mentioned that two additional licenses are currently under discussion. In the next five years, they will focus on Hong Kong and emphasize the Asia-Pacific region, hoping to hold licenses in different regions globally and summarize operational experiences from various areas to form interactive relationships.

ChainCatcher news, according to a recent blog post published by Coinbase, the company has obtained a license issued by the Bermuda Monetary Authority. Coinbase stated, "Bermuda is one of the first financial centers to implement comprehensive digital asset regulation in 2018, and its regulatory environment has long been known for its high standards of rigor, transparency, compliance, and cooperation."It is reported that the acquisition of the relevant license may be related to the upcoming offshore exchange. Coinbase has been exploring the launch of an offshore derivatives trading platform to trade cryptocurrency-related perpetual swap products. A report by Fortune magazine indicated that the exchange could launch as early as next week. (The Block)