HashKey Exchange has reached a strategic cooperation with Coins.ph to build a Compliance digital asset service channel.

Hong Kong’s largest licensed virtual asset exchange HashKey Exchange announced today a strategic partnership with the Philippines’ leading crypto assets exchange and digital wallet Coins.ph.

This collaboration marks the official establishment of HashKey Exchange in the Southeast Asian market and facilitates the development of compliant digital asset infrastructure between Hong Kong and the Philippines, providing more convenient financial services for users in both regions.

The cooperation aims to provide a seamless digital asset service channel for users in the Philippines and Hong Kong, available 24/7 and fully regulated. By integrating the systems of HashKey Exchange and Coins.ph, users can enjoy efficient digital asset services, significantly reducing the friction of fund flow. HashKey Exchange holds a license from the Hong Kong Securities and Futures Commission (Type 1 and Type 7) and is regulated under the Anti-Money Laundering Ordinance, setting a benchmark for compliant and safe virtual asset trading services.

Randall Chan, the Managing Director of HashKey Exchange, stated: “We are pleased to collaborate with Coins.ph to build a secure and transparent corridor for digital asset services. This is also an important step for HashKey Exchange in laying out its presence in the Southeast Asian market. In the future, we will continue to expand regional cooperation and promote the development of a global compliant trading network.”

“This cooperation is not only significant for Crypto Assets users but will also benefit millions of Filipinos closely connected to Hong Kong,” said Wei Zhou, CEO of Coins.ph. “With Coins.ph’s local platform in the Philippines and HashKey Exchange’s compliance foundation in Hong Kong, we are building a 24/7 operating bridge for crypto finance, bringing the public faster, lower-cost, and more accessible digital asset services.”

This cooperation also lays the foundation for institutional-level digital asset services in Southeast Asia. HashKey Exchange will share its compliance operation and liquidity management experience with partners to support financial innovation in the Southeast Asian market. Randall Chan emphasized, “As regulatory frameworks become increasingly clear in Asia and globally, we are expanding a safe, compliant, and interoperable framework to support sustainable financial innovation.”

“Our goal is not just to establish a channel, but to build an interconnected digital asset network in Asia.” Wei Zhou added, “As regulatory frameworks continue to improve in Asia, we are accelerating our layout, and our service scope will gradually expand from individual users to institutional clients, meeting the growing demand for digital asset services.”

The collaboration between HashKey Exchange and Coins.ph marks an important milestone in this process and demonstrates the vast potential of the increasingly mature Asian crypto ecosystem. With the continuous development of the digital asset space in Southeast Asia, this collaboration showcases the ideal state of future digital asset flows - fast, secure, compliant, and available around the clock.

*As of January 31, 2025, HashKey Exchange is ranked 7th on CoinGecko, making it the highest-ranked licensed virtual asset exchange in Hong Kong.

About HashKey Exchange

HashKey Exchange is committed to setting a new benchmark for compliance, fund security, and platform safety in the virtual asset exchange sector. Hash Blockchain Limited (HashKey Exchange) is one of the first licensed retail virtual asset exchanges in Hong Kong. It has received approval from the Hong Kong Securities and Futures Commission (SFC) and holds licenses under the Securities and Futures Ordinance for Type 1 (dealing in securities) and Type 7 (providing automated trading services), as well as a license to operate a virtual asset trading platform under the Anti-Money Laundering Ordinance, ensuring compliant operation of the virtual asset trading platform. As the flagship business of HashKey Group, HashKey Exchange provides one-stop virtual asset trading services for professional investors (PI) and retail investors. 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 offer services to users in Mainland China, the United States, and certain other jurisdictions. This material has not been reviewed by the Securities and Futures Commission.

For more details, please visit HashKey Exchange. Follow us on Twitter and LinkedIn. For media inquiries, please contact: HashKey Exchange Jade Shi Senior PR Manager [email protected]

Disclaimer

About Coins.ph

Coins.ph is committed to promoting the development of the next generation of the internet through convenient digital asset and Web3 product services. Founded in 2014, the company has become the most influential crypto assets brand in the Philippines, earning the trust of over 18 million users. Users can buy and sell various crypto assets and enjoy diversified financial services through an easy-to-use mobile application.

Coins.ph is fully regulated by the Central Bank of the Philippines (BSP) and is the first crypto asset company in Asia to hold both a virtual currency operation license and an electronic money issuance license issued by the Central Bank.