HashKey Global, a leading licensed exchange, and VerifyVASP, a global provider of Travel Rule solutions, have partnered to apply Travel Rule compliance across HashKey’s international network of exchanges. 

This partnership stems from the growing enforcement of the Financial Action Task Force (FATF) Travel Rule regulations worldwide, answering the need for better anti-money laundering (AML) practices in virtual asset transactions.

As the flagship exchange of HashKey Group, HashKey Global is known to provide a secure, transparent, and reliable trading platform. It includes strong asset protection measures such as asset segregation, information security, insurance, independent audits, and secure payment systems to safeguard user assets and data.

Since joining VerifyVASP’s network of Virtual Asset Service Providers (VASPs) last year, HashKey Global has effectively processed thousands of verifications, ensuring compliant and accurate asset transfers to the correct recipients.

Tim Xing, Board Director, HashKey Global, said: “This partnership with VerifyVASP reinforces HashKey Global’s commitment to setting the industry standard for regulatory compliance and security. As global enforcement of the Travel Rule accelerates, we are proactively enhancing our infrastructure to ensure seamless and compliant virtual asset transactions. By expanding this integration across our licensed exchanges, we continue to build a trusted and transparent digital asset ecosystem for users worldwide.”

ShihYun Chia, CEO at VerifyVASP said, “We are thrilled to be supporting HashKey Global in their Travel Rule compliance. This partnership demonstrates HashKey’s commitment to regulatory excellence and contributes to building a more compliant digital asset ecosystem globally. It also marks a significant milestone of successful travel rule implementation in the digital asset regulatory landscape.”