- HashKey Global has listed BNB with no fees and offers a reward event for new users.
- Binance CEO clarified that Global listed BNB and not the Hong Kong-based Exchange.
- Hong Kong officials are exploring blockchain-based gold tokenization and digital finance.
HashKey Global has officially launched BNB spot trading, offering zero trading fees for users. The exchange has also introduced a promotional campaign running till February 25, 2025. The latest users who contribute at least 0.01 BNB or trade 50 USDT worth of BNB can earn 10 HSK coins from a 10,000 HSK prize pool. The campaign operates on a first-come, first-served basis. Additionally, BNB deposits and withdrawals on HashKey Global will be available via the BEP20 network.
HashKey Global vs. HashKey Exchange: Understanding the Difference
Despite the launch, it is important to distinguish between HashKey Global and Exchange. The Global, which listed BNB, is licensed under the Bermuda Monetary Authority and does not offer services in the region. Meanwhile, HashKey Exchange, the Hong Kong-licensed entity, does not currently list BNB.
According to CoinMarketCap data, HashKey supports 134 trading pairs, whereas its exchange only offers 28 pairs. This distinction is important, as confusion arose when Binance CEO Changpeng Zhao showcased the token’s listing on HashKey, implying official approval in Hong Kong. However, he later clarified that HashKey Global, not HashKey Exchange, listed BNB and apologized for any misunderstanding.
Related: SEC Pauses Coinbase and Binance Cases Amid Shift in Regulations
Market Impact and Regulatory Significance
The token’s listing is expected to enhance its liquidity, increasing accessibility for traders. The move could increase transaction volumes, potentially stabilizing BNB’s market value. Furthermore, being listed on a controlled exchange like HashKey Global strengthens BNB’s credibility, attracting large-scale and retail investors.
Beyond this, the listing hints at a shifting regulatory landscape. CZ noted that Hong Kong has strict rules governing token listings, suggesting that BNB’s inclusion by a HashKey entity aligns with evolving frameworks. Although HashKey Global does not operate in Hong Kong, the development signals a trend toward mainstream acceptance of digital assets.
A New Era Of Asset Tokenization
Meanwhile, Hong Kong’s government is exploring innovations. At the forum, Secretary for Financial Services and the Treasury Hui Ching-yu announced plans to encourage gold tokenization. This initiative aims to combine physical gold with ledger technology, providing flexibility and security for investors.
The city also pushes for digital finance integration into the real economy, particularly in international payments. Additionally, the intersection of AI with Web3 and technologies is gaining attention, further shaping the development of the digital asset industry.
