HashKey Global partners with Global Travel Rule Alliance to strengthen compliance of crypto assets
HashKey Global officially joins the GTR Alliance and will integrate advanced compliance frameworks to better meet the "Travel Rule" requirements set forth by the Financial Action Task Force (FATF).March 7, 2025 ------ Licensed virtual asset exchange HashKey Global announced a strategic partnership with the Global Travel Rule Alliance (GTR Alliance). This collaboration marks HashKey Global's ongoing commitment to strengthening compliance, security systems, and ecological interoperability in the rapidly evolving digital asset space, further solidifying its position as an industry benchmark.
HashKey Global has officially joined the GTR Alliance and will integrate advanced compliance frameworks to better meet the "Travel Rule" requirements set forth by the Financial Action Task Force (FATF). This initiative not only enhances HashKey Global's capabilities in anti-money laundering (AML) but also promotes transparency and trust-building across the entire cryptocurrency ecosystem.
Tim Xing, Board of Director of HashKey Global, stated regarding this collaboration: "The strategic synergy with GTR Alliance signifies a milestone upgrade in our compliance infrastructure. This collaborative mechanism enables us to more accurately address the complexities of diverse global regulatory frameworks, ensuring that our platform remains at the forefront of asset security and institutional trust-building."
Jack Wong, Strategic Partnerships Lead of Global Travel Rule, expressed: "We welcome HashKey Global's entry, marking a significant expansion of the global compliance cooperation landscape. This collaboration is not only a key process in building a compliant and secure ecosystem for the digital asset industry but also confirms the strategic value of industry collaboration in promoting robust development against the backdrop of rapid iterations in cryptographic technology. We will continue to enhance the construction of a cross-jurisdictional compliance data platform, working together with member units to build a new paradigm of on-chain governance that is 'regulatory transparent, risk-isolated, and trust-transmissible.'"
As HashKey Global continues to advance its global business layout, the exchange is committed to creating a safe and compliant market environment for virtual asset trading. Through this collaboration with GTR Alliance, customers will enjoy a superior trading experience and benefit from tighter security measures and excellent regulatory compliance standards. The partnership between HashKey Global and GTR Alliance will also actively promote the construction and standardization of the global digital asset regulatory system.
About HashKey Global
HashKey Global is the global flagship virtual asset exchange under HashKey Group, providing licensed virtual asset trading services to users worldwide. HashKey Global has obtained a comprehensive license for the digital asset investor protection system issued by the Bermuda Monetary Authority (BMA), offering mainstream trading and service products such as LaunchPool, contracts, and leverage.
About Global Travel Rule
The Global Travel Rule Alliance (GTR) is a travel rule alliance led by virtual asset service providers (VASPs), aimed at providing a comprehensive and transparent platform for VASPs to address cryptocurrency compliance challenges, with a focus on the Travel Rule and anti-money laundering (AML) regulations. The alliance is dedicated to creating a secure development environment for VASPs within the Web3 ecosystem, offering one-stop compliance solutions.
The Global Travel Rule Alliance is committed to staying at the forefront of regulatory changes, providing the latest industry information and exclusive support to help members navigate the evolving compliance requirements. By offering professional guidance and customized solutions, the platform enables VASPs to focus on business growth while ensuring compliance with global standards.
