HashKey receives JPMorgan approval to open client money account

HashKey Exchange said it received approval to open client money accounts with JPMorgan, weeks after it launched customer fund accounts with DBS Bank.

Hong Kong-licensed cryptocurrency exchange HashKey Exchange received approval from JPMorgan Chase to open a client money account, its parent company said Monday.

The account will support client fund segregation and settlement through JPMorgan’s banking infrastructure, HashKey Holdings said in a press release.

A week earlier, HashKey Holdings combined the previously separate HashKey Exchange and HashKey Global applications into a single portal.

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