World · Institutional · Singapore ·
HashKey Exchange cleared by JPMorgan to hold client funds
Hong Kong-based crypto exchange HashKey received approval from JPMorgan to open client money accounts with the bank, following a similar arrangement it established with Singapore's DBS Bank weeks earlier.
Why it matters for the crypto market
Major global banks approving crypto exchanges as clients signals growing institutional acceptance of regulated crypto platforms and expands the banking access available to crypto market participants.
Source: cointelegraph.com
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Part of CryptoArrow World, a running map of how crypto's real-world access is widening or narrowing. Every signal, archived. Informational publication, not investment advice.