PANews
PANews|Aug 20, 2025 15:13
**[Huobi HTX Joins TRM Labs Beacon Network to Combat Crypto Financial Crime]** Crypto exchange platform Huobi HTX has announced its participation as a founding member of the Beacon Network, the world’s first real-time crypto crime response network initiated by TRM Labs. Huobi HTX will collaborate with leading global exchanges and law enforcement agencies to monitor and block illicit fund flows in real time, advancing the industry’s approach to financial crime from "reactive" to "proactive prevention." This partnership highlights Huobi HTX's long-term commitment to compliance and security while setting a new standard for industry collaboration. The Chief Security Officer of Huobi HTX stated: "As the crypto industry grows rapidly, crimes such as hacking and money laundering are becoming increasingly professionalized, intelligent, complex, and fast-paced. We must join forces across the industry to build a coordinated defense system and create a 'Great Wall of Steel' for the crypto sector."
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