HashKey Exchange Teams Up with Coins.ph for HK–Philippines Seamless Crypto Service Corridor

Hong Kong SAR, July 14 — HashKey Exchange, Hong Kong’s largest* licensed virtual asset exchange, today announced a strategic partnership with Coins.ph, the Philippines’ leading crypto exchange and digital wallet platform. This collaboration marks HashKey Exchange’s strategic entry across Southeast Asia and sets the stage for a new era of compliant, digital asset-powered infrastructure between two of Asia’s most dynamic economies.

The partnership aims to establish a seamless, fully regulated, and round-the-clock crypto service corridor for users across the Philippines and Hong Kong. Through this direct integration, users gain efficient digital asset services, significantly reducing friction for digital asset flows. HashKey Exchange, licensed by Hong Kong's SFC (Types 1 & 7) and under AMLO, sets the bar for compliant and secure virtual asset exchange services.

“HashKey Exchange is proud to collaborate with Coins.ph to build a secure, transparent, and 24/7 Crypto service corridor between Hong Kong and the Philippines,” said Randall Chan, Managing Director of HashKey Exchange. “This partnership is also part of the Global service expansion initiative—designed to connect regulated exchanges across regions and establish a unified global trading network with deep, reliable liquidity.”

“This partnership is a game-changer not only for crypto users but for the millions of Filipinos with strong ties to Hong Kong,” said Wei Zhou, CEO of Coins.ph. “Through Coins.ph’s platform in the Philippines and with HashKey’s fully licensed infrastructure in Hong Kong, we’re building a 24/7 crypto-powered bridge between the two regions. This is a major step forward in providing faster, cheaper, and more accessible crypto services for everyone.”

The collaboration also lays the foundation for broader institutional-grade services across Southeast Asia. By building a global service network, HashKey Exchange aims to make its regulatory expertise and deep liquidity accessible to regional partners—positioning itself as the liquidity solution of choice for exchanges throughout the region.

“HashKey Exchange is committed to building the infrastructure layer for the global digital asset economy,” said Randall Chan, “As regulatory clarity continues to improve across Asia and beyond, we are scaling a secure, compliant, and interoperable framework that supports sustainable financial innovation.”

“Our goal is more than just a corridor—it’s a foundation for interoperable digital finance across Asia,” added Zhou. “As regulatory frameworks solidify across the region, we’re moving quickly to serve not just individuals, but also institutions that require compliant and efficient global crypto solutions.”

The HashKey Exchange and Coins.ph partnership marks a milestone in that journey and signals the broader potential of Asia’s maturing crypto ecosystem.

As Southeast Asia’s digital asset landscape continues to grow, this partnership illustrates what the future of digital asset movement can be: fast, secure, compliant, and always open.

*As of January 31, 2025, HashKey Exchange ranked 7th on CoinGecko and is the highest-ranked licensed virtual asset exchange in Hong Kong.

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About HashKey Exchange

On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, HashKey Exchange (HBL) was granted as a licensed virtual asset exchange to provide retail services in Hong Kong. HashKey Exchange has received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under Type 1 (Dealing in securities) licence, Type 7 (Providing automated trading services) licence and Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) licence. As HashKey Group's flagship exchange business, HashKey Exchange provides trading services for both professional investors (PI) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. HashKey Exchange does not service users from Mainland China, United States and certain other jurisdictions in compliance with laws and regulations. This material has not been reviewed by the Securities and Futures Commission of Hong Kong or any other regulator.

Stay tuned for more details about HashKey Exchange. Follow us on Twitter and LinkedIn. For media enquiries and more information, please contact: HashKey Exchange Jade Shi Senior PR Manager jade.shi@hashkey.com

Disclaimers

About Coins.ph

Coins.ph is on a mission to power the new internet with easy access to digital assets and web3 products. Launched in 2014, Coins.ph is the most established crypto brand in the Philippines and has gained the trust of more than 18 million users. Through the easy-to-use mobile app, users can buy and sell a variety of different cryptocurrencies and access a wide range of financial services.

Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank.