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HASHKEY GLOBAL PARTNERS WITH VERIFYVASP TO EXPAND GLOBAL TRAVEL RULE COMPLIANCE
Singapore – March 10, 2025 – HashKey Global, a leading licensed exchange, has announced a strategic partnership with VerifyVASP, a global Travel Rule solution provider. This collaboration aims to deploy comprehensive Travel Rule compliance solutions across HashKey’s international network of licensed exchanges.
The partnership is a significant milestone in the company’s efforts to ensure seamless and compliant virtual asset transactions worldwide. As jurisdictions worldwide accelerate the enforcement of Financial Action Task Force (FATF) Travel Rule regulations, this move demonstrates HashKey Global’s commitment to regulatory excellence.
In a statement, Tim Xing, Board Director at HashKey Global, emphasized the company’s dedication to setting industry standards for regulatory compliance and security. “By expanding our integration with VerifyVASP across our licensed exchanges,” he said, “we are proactively enhancing our infrastructure to guarantee seamless and compliant virtual asset transactions. Our users can be assured that we prioritize transparency and integrity in all our operations.”
VerifyVASP’s CEO, ShihYun Chia, echoed Xing’s sentiments, stating that the partnership represents a significant milestone in building a more compliant digital asset ecosystem globally. “We are thrilled to support HashKey Global in their Travel Rule compliance efforts,” she noted, “and we believe this collaboration will contribute significantly to the advancement of regulatory excellence in the digital asset space.”
HashKey Global is a renowned licensed exchange that has been making waves in the industry with its innovative approach to trading and service offerings. With its robust infrastructure, user-centric design, and commitment to compliance, it has garnered significant attention from both users and investors alike.
VerifyVASP, on the other hand, offers a decentralized messaging protocol for Travel Rule compliance supported by regulated Virtual Asset Service Providers (VASPs). The company provides comprehensive solutions that encompass counterparty due diligence, messaging protocols, on-chain risk analysis, and consultation on Travel Rule/personal data protection requirements.
The strategic partnership is expected to strengthen regulatory compliance across HashKey Global’s international exchange network.
