HTX, a global leading cryptocurrency exchange, announced its participation in the Beacon Network, the first real-time crypto crime response network launched by TRM Labs, as a founding member. By joining forces with elite exchanges and law enforcement agencies, HTX reaffirms its commitment to combating illicit finance and building a safer, more trusted digital asset ecosystem.
Launched by TRM Labs, the Beacon Network connects vetted investigators with exchanges, stablecoin issuers, and regulators to detect, flag, and disrupt illicit activity before funds can be cashed out. Through real-time alerts and coordinated responses, the network shifts the fight against crypto crime from reaction to prevention, closing gaps that criminals have exploited for years.
Catch more Fintech Insights : What’s Shaping the Future of Digital Lending? Key Trends to Watch
“As the crypto industry continues to evolve at a rapid pace, threats such as hacking and money laundering have become increasingly sophisticated, intelligent, complex, and fast-moving. It is no longer feasible for any single team to fight these crimes effectively — we must unite as an industry to build coordinated defenses and responses, and Beacon Network helps us do just that,” said Heisen Guo, Chief Security Officer at HTX. “HTX is grateful to TRM Labs for spearheading this effort, and we look forward to working side by side with partners worldwide to forge an ‘iron wall’ for the crypto sector, and to safeguard the security and bright future of the industry.”
By joining the Beacon Network, HTX demonstrates its dedication to advancing compliance and strengthening security standards. Its participation also broadens Beacon’s global reach and real-time coverage, enabling exchanges and law enforcement partners to act within moments rather than days. Together, the industry is setting a new benchmark for cooperation to stop illicit finance before it impacts users.
Read More on Fintech : What to Expect from Modern Spend Management: Finance Leaders Speak Out
[To share your insights with us, please write to psen@itechseries.com ]
