HashKey to launch Visa credit card with Shanghai Commercial Bank

Hong Kong-regulated crypto exchange HashKey is partnering with Shanghai Commercial Bank (SCB) to launch a Visa credit card, HashKey Exchange CEO Livio Weng announced at the Hong Kong Web3 Carnival. The card is the first to be issued by a licensed digital asset exchange in partnership with a bank. Registrations will open on May 11. Payments will be made in fiat currency, with users having the option to make repayments in either cryptocurrency or fiat.