April 14, 2023
By Joe Pan
HONG KONG, April 13 2023 – HashKey Group, a leading digital asset financial services group based in Hong Kong, officially announced that Livio Weng has joined HashKey Group as its Group Chief Operating Officer (COO). Livio was the CEO of Huobi Global from 2018 to 2021.
Livio Weng told NFTMetta.com that “compliance management for virtual currencies like Bitcoin is inevitable in the evolution of this novel technology. They personally decided to become part of the licensed business ecosystem in Hong Kong because they recognized this historical inevitability and have a positive outlook on the potential growth opportunities for Web3 in this vibrant city.”
HashKey Group is one of only two firms in Hong Kong licensed by the Securities and Futures Commission (SFC) to operate a virtual asset trading platform, and is a leader in the Web3 space in Hong Kong. HashKey’s recent introduction of a series of senior executive team members, including Weng, marks a new stage in its continued plans to accelerate and contribute to the growth of the Hong Kong Web3 ecosystem.
Livio said, “We are at the tipping point of the virtual asset market where licensed and regulated exchanges will become an industry mainstream. HashKey Group is one of the world’s earliest blockchain evangelists, and over the years we have grown into one of Asia’s leading digital assets financial services company. I will work closely with the team to focus on the sustainable growth of the Group and lead HashKey to become a reputable and fully compliant global virtual asset ecosystem.”
HashKey PRO is a licensed virtual asset trading platform in Hong Kong that adheres to the regulatory standards set by the Hong Kong SFC. Currently, its services are limited to professional investors. However, the Hong Kong government has plans to allow retail users to access cryptocurrencies, and HashKey is working closely with regulators to ensure that they meet all necessary regulatory requirements before launching relevant products. This will ensure that retail users have access to secure and reliable transaction services.
About the author
Joe Pan is contributing editor for NFTMetta.com.