HashKey Exchange, Hong Kong’s licensed virtual asset exchange, announced an enhanced collab with Elliptic, a global enabler of blockchain analytics and compliance solutions.
Building on its compliance and risk management framework, HashKey Exchange is said to be “strengthening its capabilities in anti-money laundering (AML), Know-Your-Transaction (KYT) monitoring, and risk detection, reinforcing its position as a compliance benchmark in the industry.”
Compliance has reportedly been at the “core of HashKey Exchange’s long-term growth strategy.”
In addition to meeting regulatory requirements, the platform integrates Elliptic’s compliance tools “into its operations, enabling dynamic monitoring of on-chain fund flows and delivering stronger safeguards for users.”
Supported by this compliance and risk management infrastructure, HashKey Exchange has “continued to expand.”
According to the latest figures, its cumulative trading volume “surpassed RMB 12 trillion over the past year.”
Randall Chan, Managing Director of HashKey Exchange, commented:
“Compliance is a cornerstone of our long-term growth. Through our collaboration with Elliptic, HashKey Exchange has further strengthened its compliance leadership in Hong Kong’s virtual asset market, creating a safer and more trusted trading environment for our users.”
Yvonne Ng, Vice President of APAC at Elliptic, stated:
“We’re excited to continue our long term partnership with HashKey. We are united by a shared commitment to promoting transparency and regulatory compliance in the digital finance space. By combining our advanced blockchain analytics with HashKey’s strong focus on compliance, we continue to set new standards for risk management and compliance in the crypto industry.”
HashKey Exchange will continue working ‘with Elliptic “to further develop the compliance ecosystem and contribute to the sustainable growth of Hong Kong’s virtual asset market and beyond.'”
As noted in the update, HashKey Exchange is setting a “benchmark for licensed virtual asset trading platforms with its commitment to regulatory compliance, fund security, and platform safety.”
Operated by Hash Blockchain Limited, it is reportedly “one of the first licensed retail virtual asset exchanges in Hong Kong.”
The platform is regulated “by the Securities and Futures Commission (SFC), holding Type 1 (Dealing in Securities) and Type 7 (Providing Automated Trading Services) licenses under the Securities and Futures Ordinance, as well as a virtual asset trading platform license under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.”
As the flagship business of HashKey Group, HashKey Exchange provides a one-stop trading platform for “professional and retail investors.”
The exchange is certified under “ISO 27001 (Information Security Management) and ISO 27701 (Privacy Information Management), ensuring the highest standards of operational and data security.”