PANews reported on March 11 that on March 7, Bitcoin Magazine, an authoritative Dutch cryptocurrency media, conducted an exclusive interview with Ru Haiyang, co-CEO of HashKey Exchange Business Group, on March 5.

In the interview, Ru Haiyang introduced the latest developments of HashKey and Hong Kong Web3, and pointed out that "Hong Kong's goal is to become a leading cryptocurrency trading center. Regulators are establishing a clear licensing and supervision framework." According to Bitcoin Magazine, Hong Kong is gradually issuing licenses to cryptocurrency exchanges, and it is expected to expand further. Ru Haiyang revealed that "the SFC has now issued ten licenses, and eight applications are still awaiting approval." He analyzed that this approach protects the interests of users while also bringing competitive advantages to companies that take compliance seriously. Transparent supervision helps investors build confidence in the market and encourages institutional adoption.

"Today, the cryptocurrency market is estimated to have 300 million users." Ru Haiyang said that this number could increase tenfold in the future, and cryptocurrency is gradually moving towards the mainstream. "Cooperation with traditional financial institutions is necessary. The growing popularity of tokenized assets, stablecoins and institutional investments shows that cryptocurrency will become a permanent part of the financial sector."

In the future, the key challenge for HashKey and the entire crypto industry is how to find a balance between innovation and regulation. "As the market develops, companies like HashKey need to continue to lead the trend and meet strict compliance requirements without losing sight of the core values of decentralization and efficiency," said Ru Haiyang. "HashKey is shouldering a dual mission. We hope to be a pioneer in regulated crypto services and contribute to the broader global financial innovation competition."