Bullish
Shinhan Securities Imposes 0.05% Monthly Insurance Fee on HashKey Accounts
2026-08-08 15:38
Starting August 10, Shinhan Securities will charge a 0.05% monthly insurance fee on HashKey custody accounts, ending previous exemptions and aligning costs with OSL services.
Woofun AI reports that Shinhan Securities will implement a 0.05% monthly insurance fee for virtual asset accounts utilizing HashKey custody services, effective August 10, 2026. The fee is calculated based on daily end-of-day holdings and settled on the second working day of each month. Previously, HashKey custody accounts were exempt from this charge, while OSL custody accounts were subject to the same 0.05% monthly rate.
WOOFUN AI
Impact Assessment · Quick Read
This policy shift eliminates the cost advantage previously held by HashKey custody accounts at Shinhan Securities, creating fee parity with OSL. Investors may reassess custody providers based on total cost of ownership, potentially impacting HashKey's market share within Shinhan's ecosystem. The change signals a broader trend toward standardized fee structures for institutional crypto custody services.
Generated by WOOFUN AI · For reference only, not investment advice
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