Jason Liu： According to Hong Kong regulatory requirements, HashKey Global can achieve 100% user asset compensation in the event of a security incident

According to official sources, Jason Liu, Vice President of HashKey Global, shared the platform's measures for user asset security during HashKey Chain's Space live stream. He emphasized that HashKey Global always regards user asset security as its core task and protects user funds through a strict compliance framework. When it comes to asset insurance, Jason Liu explained in detail the compensation mechanism. For example, according to the regulatory requirements for licensed exchanges in Hong Kong, the exchange needs to insure the hot and cold wallets of user assets, with the hot wallet coverage covering 100% and the cold wallet coverage covering 50%. This also means that if losses are caused by extreme circumstances, insurance for losses below 50% of the platform's assets is fully compensated, and the requirements for licenses in other regions vary, but all have insurance mechanisms.