Manila,Philippines, July 15 — Coins.ph, the leading cryptocurrency exchange anddigital wallet in the Philippines, has announced a landmark partnership withHashKey Group, operator of Hong Kong’s largest* licensed crypto exchange,HashKey Exchange. This collaboration marks HashKey Exchange’s strategic entryacross Southeast Asia and sets the stage for a new era of compliant, digitalasset-powered cross-border infrastructure between two of Asia’s most dynamiceconomies.

Thepartnership aims to establish a seamless, fully regulated, and always-oncorridor for users to move funds between the Philippines and Hong Kong. Bydirectly integrating Coins.ph and HashKey Exchange, users will soon be able toaccess near-instant on and off-ramps between Philippine Pesos (PHP) and HongKong Dollars (HKD), significantly reducing friction for remittances, payments,and broader digital asset flows.

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

“HashKeyExchange is proud to collaborate with Coins.ph to build a secure, transparent,and 24/7 value transfer corridor between Hong Kong and the Philippines,” saidRandall Chan, Managing Director of HashKey Exchange. “This partnership is alsoa key step in our Global Shared Liquidity initiative—designed to connectregulated exchanges across regions and establish a unified global tradingnetwork with deep, reliable liquidity.”

Thecollaboration is grounded in regulatory compliance, leveraging Coins.ph’slicenses from the Bangko Sentral ng Pilipinas (BSP) and HashKey’s position asone of the leading licensed virtual asset exchanges in Hong Kong. With growingclarity around digital asset regulation in both markets, this partnershipprovides a model for compliant, scalable infrastructure supporting both retailand institutional flows.

The partnership between Coins.ph and HashKeyExchange aims to build institutional-grade solutions across Southeast Asia.This includes onboarding enterprise users, enabling business-to-businesscross-border transactions, and expanding coverage, eventually in other regionalmarkets through Coins.xyz, Coins.ph’s global entity, and Coins Brazil.

“Our goal is more than just a corridor—it’s afoundation for interoperable digital finance across Asia,” added Zhou. “Asregulatory frameworks solidify across the region, we’re moving quickly to servenot just individuals, but also institutions that require compliant andefficient cross-border settlement solutions.”

The Coins.ph and HashKey partnership marks a milestone inthat journey and signals the broader potential of Asia’s maturing cryptoecosystem.

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

*As of January 31, 2025, HashKey Exchange ranked7th on CoinGecko and is the highest-ranked licensed virtual asset exchange inHong Kong.

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AboutCoins.ph

Coins.ph ison a mission to power the new internet with easy access to digital assets andweb3 products. Launched in 2014, Coins.ph is the most established crypto brandin 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 ofdifferent cryptocurrencies and access a wide range of financial services.

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

AboutHashKey Exchange

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

Stay tunedfor more details about HashKey Exchange. Follow us on Twitter and LinkedIn. Formedia enquiries and more information, please contact: HashKey Exchange Jade ShiSenior PR Manager jade.shi@hashkey.com

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