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AXG Accelerates Expansion into Digital Asset Markets in Korea and Japan
Globenewswire· 2026-02-05 12:30
Core Viewpoint - SOLOWIN HOLDINGS (Nasdaq: AXG) is expanding into Korea and Japan to enhance its global digital asset business and explore growth opportunities in the compliant digital asset sector in East Asia [1][4] Group 1: Expansion Strategy - The company is pursuing key business licenses in Korea through a cooperative partnership model while strengthening its localized operational infrastructure [2] - In Japan, AXG is deepening its presence through its subsidiaries AX Coin Japan and AlloyX Japan, focusing on meeting regulatory requirements set by Japan's Financial Services Agency (FSA) [3] Group 2: Technical and Compliance Focus - AXG is leveraging its Ferion platform's technical strengths to enhance compliance control and service adaptation in Korea, aiming to launch stablecoin and diversified digital asset services [2] - The company emphasizes building a compliance-focused bridge between traditional finance and blockchain innovation as part of its globalization strategy [4] Group 3: Company Overview - SOLOWIN HOLDINGS is a leading financial technology firm focused on digital currency payments and asset tokenization, founded in 2016 [5] - The company operates a multi-jurisdictional, vertically integrated financial platform that includes global stablecoin payments and tokenization services, backed by international institutional investors [5]
HashKey Exchange获《 The Asset》 “年度数字资产交易所”奖项
Sou Hu Cai Jing· 2026-01-20 11:20
Core Viewpoint - HashKey Holdings Limited's subsidiary, HashKey Exchange, has been awarded the "Annual Digital Asset Exchange" by the prestigious financial media outlet, The Asset, highlighting its market leadership and compliance in the digital asset sector [1]. Group 1: Award Recognition - HashKey Exchange received the "Annual Digital Asset Exchange" award from The Asset, a well-respected financial magazine established in 1999 [1]. - The award is part of The Asset's Triple A series, which has a rigorous and independent evaluation system recognized globally in the financial market [1]. - HashKey Exchange is the only licensed digital asset exchange in Hong Kong to receive this award, with only four institutions globally being recognized in this category [1]. Group 2: Market Position and Future Plans - The award serves as a strong testament to HashKey Exchange's market leadership and comprehensive strength in compliance and product innovation [1]. - The platform aims to continue its stable development within a compliance framework, enhancing service capabilities to provide safer and more convenient digital asset services [1]. - HashKey Exchange is committed to promoting a healthy and orderly development of the industry [1].
UK Regulator Sues Crypto Exchange HTX for Unlawful Promotion of Digital Assets
Yahoo Finance· 2025-10-22 15:46
Core Viewpoint - The U.K.'s Financial Conduct Authority (FCA) is suing cryptocurrency exchange HTX for unlawfully promoting digital asset services in the country [1][2]. Group 1: Legal Action - The FCA has initiated legal proceedings against HTX, previously known as Huobi, in the High Court, London [1]. - The FCA had previously issued warnings since 2023 regarding HTX's unauthorized promotion of financial services in the U.K. [2]. Group 2: Regulatory Commitment - An FCA spokesperson emphasized the authority's commitment to consumer protection and maintaining the integrity of U.K. financial markets [3]. - The FCA noted that while some crypto firms have complied with financial promotions rules, it will take action against those breaching regulations [3].