HashKey Exchange Supports Hong Kong’s SFC Roadmap

HashKey Exchange supports Hong Kong’s Securities and Futures Commission (SFC) roadmap, aligning with its growth strategy. The roadmap may boost virtual asset derivatives trading by 30% to 40%, according to HashKey. The company views regulatory updates as a way to ease compliance while enhancing security and liquidity.

Overview of the A-S-P-I-Re Roadmap

Recently, Hong Kong’s government announced the “A-S-P-I-Re” roadmap, a strategic plan aimed at advancing the virtual asset industry over the next three years. This roadmap contains five key pillars and twelve initiatives focusing on areas such as staking services, global liquidity, and derivatives trading.

HashKey’s Perspective

HashKey Exchange, the largest licensed virtual asset platform in the region, interprets this forward-looking framework positively. Managing Director Terence Pu noted that the roadmap aligns with both current operations and future objectives of the company. The SFC designed this plan to balance innovation with investor protection, and HashKey has engaged in active dialogue with regulators, viewing the roadmap as a guide to industry growth.

> HashKey Exchange’s Interpretation of the Hong Kong SFC Virtual Asset Roadmap
> It has five pillars and twelve initiatives for the next three years, covering staking, liquidity, etc. HashKey Exchange is exploring areas like product expansion… pic.twitter.com/o9kmsCNFiO
— Wu Blockchain (@WuBlockchain) February 27, 2025

Product Expansion Aligns with Roadmap Goals

Under the roadmap’s “Products” pillar, HashKey Exchange is focusing on expanding its product offerings. The company has started working on staking services since last year, utilizing support from HashKey Cloud. This initiative aims to establish a seamless business loop that provides users with secure and efficient staking options. The SFC’s exploration of new token listing mechanisms also excites HashKey, as it could accelerate the listing process by simplifying the current 12-month track record requirement.

Growth in Derivatives Trading

The roadmap could enhance virtual asset derivatives trading, with HashKey predicting a market activity increase of 30% to 40%. To boost market liquidity, the company plans to expand its operations and offer advanced hedging instruments, strengthening its leadership in Hong Kong’s virtual asset market.

Strengthening Safeguards and Regional Connectivity

Under the “Safeguards” pillar, the SFC intends to refine insurance and custody frameworks. HashKey Exchange welcomes these improvements, believing they will ease compliance burdens while prioritizing security. Users can expect adjustments in hot and cold wallet allocations to enhance their experience and lower operational costs. Improved insurance coverage is likely to boost investor confidence, allowing platforms to innovate further. HashKey sees these regulatory updates as a proactive approach to meet industry needs.

Moreover, the “Access” pillar focuses on attracting global order flows, which HashKey Exchange supports. The company plans to integrate local and international trading flows to strengthen regional liquidity, aligning with Hong Kong’s ambition to become a leading Web3 hub. HashKey believes this connectivity will facilitate growth for both local and international market participants.