Recently, the cross-border payment platform has officially launched, allowing individual users to transfer funds freely between Hong Kong and the mainland, with real-time transactions almost instantaneous.

This means that the digital flow of funds between the Renminbi and the Hong Kong dollar is gradually eliminating barriers, and the channels for compliant cross-border deposits are opening up.

Such policies undoubtedly have long-term positive significance for licensed compliant institutions.

At the same time, we also saw the news that the HashKey OTC brand has upgraded to "HashKey OTC Global" @HashKeyOTC. Upon researching, it was found that its OTC services now support over 60 currencies and have established cooperative channels with several banks, including DBS Bank, Standard Chartered Bank, and Zhong An Bank.

In terms of compliance qualifications, it has also obtained regulatory licenses from multiple regions, including Singapore MPI, Japan JFSA, and Dubai VARA, making it one of the few platforms with cross-market compliance layout.

There are now signs indicating that financial regulation from the mainland is beginning to loosen, and HashKey hopes to become the preferred platform for state-owned capital, building a bridge to connect funds from the Middle East, Southeast Asia, and even Europe.

Considering the recent surge of $HSK, it can be said that there is a lot of potential.

When it's time to withdraw funds, I will also try HashKey's OTC channel, which is good in terms of compliance, safety, and efficiency.