Manila, Philippines, July 15 — Coins.ph, the leading cryptocurrency alternate and digital wallet in the Philippines, has presented a landmark partnership with HashKey Community, operator of Hong Kong’s finest* licensed crypto alternate, HashKey Alternate. This collaboration marks HashKey Alternate’s strategic entry throughout Southeast Asia and fashions the stage for a brand new abilities of compliant, digital asset-powered inferior-border infrastructure between two of Asia’s most dynamic economies.
The partnership goals to envision a seamless, absolutely regulated, and constantly-on corridor for customers to stagger funds between the Philippines and Hong Kong. By straight integrating Coins.ph and HashKey Alternate, customers will rapidly be ready to entry shut to-instant on and off-ramps between Philippine Pesos (PHP) and Hong Kong Bucks (HKD), enormously reducing friction for remittances, funds, and broader digital asset flows.
“This partnership is a recreation-changer no longer easiest for crypto customers nonetheless for the millions of Filipinos with solid ties to Hong Kong,” stated Wei Zhou, CEO of Coins.ph. “By Coins.ph’s platform in the Philippines and with HashKey’s absolutely licensed infrastructure in Hong Kong, we’re constructing a 24/7 crypto-powered bridge between the 2 areas. Right here’s a vital step forward in making remittances sooner, less dear, and further accessible for all americans.”
“HashKey Alternate is proud to collaborate with Coins.ph to form a proper, clear, and 24/7 price transfer corridor between Hong Kong and the Philippines,” stated Randall Chan, Managing Director of HashKey Alternate. “This partnership may perhaps be a key step in our World Shared Liquidity initiative—designed to join regulated exchanges throughout areas and establish a unified global buying and selling community with deep, legit liquidity.”
The collaboration is grounded in regulatory compliance, leveraging Coins.ph’s licenses from the Bangko Sentral ng Pilipinas (BSP) and HashKey’s assert as undoubtedly one of the leading licensed digital asset exchanges in Hong Kong. With rising readability spherical digital asset regulation in both markets, this partnership affords a model for compliant, scalable infrastructure supporting both retail and institutional flows.
The partnership between Coins.ph and HashKey Alternate goals to form institutional-grade solutions throughout Southeast Asia. This entails onboarding endeavor customers, enabling industry-to-industry inferior-border transactions, and expanding coverage, at closing in other regional markets through Coins.xyz, Coins.ph’s global entity, and Coins Brazil.
“Our arrangement is extra than honest a corridor—it’s a basis for interoperable digital finance throughout Asia,” added Zhou. “As regulatory frameworks solidify throughout the situation, we’re inviting rapidly to lend a hand no longer honest participants, nonetheless also institutions that require compliant and efficient inferior-border settlement solutions.”
The Coins.ph and HashKey partnership marks a milestone in that jog and indicators the broader possible of Asia’s maturing crypto ecosystem.
As Southeast Asia’s digital asset panorama continues to grow, this partnership illustrates what the map forward for digital money circulation may perhaps moreover moreover be: like a flash, proper, compliant, and constantly delivery.
*As of January 31, 2025, HashKey Alternate ranked 7th on CoinGecko and is the ideally suited-ranked licensed digital asset alternate in Hong Kong.
About Coins.ph
Coins.ph is on a mission to vitality the brand new net with easy accessibility to digital sources and web3 merchandise. Launched in 2014, Coins.ph is the most established crypto attach in the Philippines and has won the belief of extra than 18 million customers. By the easy-to-spend cell app, customers must purchase and promote hundreds of assorted cryptocurrencies and entry a gigantic different of financial products and services.
Coins.ph is absolutely regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-basically based company in Asia to care for both Virtual Currency and Electronic Money Issuer licenses from a central monetary institution.
About HashKey Alternate
On a mission to position the bar for digital asset exchanges in compliance, safety, and security, HashKey Alternate (HBL) turned into granted as a licensed digital asset alternate to function retail products and services in Hong Kong. HashKey Alternate has bought approval from the Securities and Futures Rate (SFC) of Hong Kong to feature a digital asset buying and selling platform below Form 1 (Dealing in securities) licence, Form 7 (Providing computerized buying and selling products and services) licence and Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) licence. As HashKey Community’s flagship alternate industry, HashKey Alternate affords buying and selling products and services for both knowledgeable investors (PI) and retail investors. HashKey Alternate has bought ISO 27001 (Facts Safety) and ISO 27701 (Facts Privateness) administration system certifications. HashKey Alternate would no longer provider customers from Mainland China, United States and decided other jurisdictions in compliance with guidelines and regulations. This self-discipline fabric has no longer been reviewed by the Securities and Futures Rate of Hong Kong or every other regulator.
Defend tuned for extra particulars about HashKey Alternate. Apply us on Twitter and LinkedIn. For media enquiries and further knowledge, please contact: HashKey Alternate Jade Shi Senior PR Manager [email protected]
