According to Mars Finance, on August 21, the cryptocurrency trading platform Huobi HTX announced its membership as a founding member of the Beacon Network, the world's first real-time cryptocurrency crime response network initiated by TRM Labs. Huobi HTX will collaborate with leading global exchanges and law enforcement agencies to monitor and block illegal fund flows in real-time, shifting the industry's approach to financial crime from 'reactive' to 'proactive prevention.' This cooperation highlights Huobi HTX's long-term investment in compliance and security, setting a new collaborative standard for the industry.
The Chief Security Officer of Huobi HTX stated: 'With the rapid development of the cryptocurrency industry, criminal activities such as hacking and money laundering are becoming increasingly specialized, intelligent, complex, and fast-paced. We must join hands with the industry to build a joint prevention and control mechanism, creating a 'Great Wall of Steel' for the cryptocurrency industry.'