{"count":5,"next_page":null,"page":1,"page_count":1,"per_page":25,"previous_page":null,"results":[{"id":15539524911260,"url":"https://hashkeygroup4435.zendesk.com/api/v2/help_center/en-us/articles/15539524911260.json","html_url":"https://help.hashkey.com/hc/en-us/articles/15539524911260-What-is-2FA-and-why-do-I-need-to-enable-2FA","author_id":12929459073820,"comments_disabled":false,"draft":false,"promoted":false,"position":0,"vote_sum":1,"vote_count":3,"upvote_count":2,"downvote_count":1,"section_id":18577011731228,"created_at":"2024-08-23T03:12:17Z","updated_at":"2025-02-19T08:13:41Z","name":"What is 2FA and why do I need to enable 2FA?","title":"What is 2FA and why do I need to enable 2FA?","source_locale":"en-us","locale":"en-us","outdated":false,"outdated_locales":[],"edited_at":"2024-08-23T03:58:19Z","user_segment_id":null,"permission_group_id":12948068493212,"content_tag_ids":[],"label_names":[],"body":"\u003cdiv\u003e\n\u003cdiv class=\"rich-text-paragraph\" style=\"min-height: 15px;\" data-eleid=\"2\"\u003e\n\u003cspan class=\"text-only\" style=\"white-space: pre; font-weight: bold;\" data-eleid=\"5\"\u003e2FA\u003c/span\u003e\u003cspan class=\"text-only\" style=\"white-space: pre;\" data-eleid=\"6\"\u003e stands for \u003c/span\u003e\u003cspan class=\"text-only\" style=\"white-space: pre; font-weight: bold;\" data-eleid=\"7\"\u003eTwo-Factor Authentication\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class=\"rich-text-paragraph\" style=\"min-height: 15px;\" data-eleid=\"2\"\u003e\n\u003cspan class=\"text-only\" style=\"white-space: pre; font-weight: bold;\" data-eleid=\"7\"\u003e\u003cbr\u003e\u003c/span\u003e\u003cspan class=\"text-only\" style=\"white-space: pre;\" data-eleid=\"8\"\u003e It is an extra layer of security for your online accounts. When you enable 2FA, you not only need your password \u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class=\"rich-text-paragraph\" style=\"min-height: 15px;\" data-eleid=\"2\"\u003e\u003cspan class=\"text-only\" style=\"white-space: pre;\" data-eleid=\"8\"\u003eto access your account but also a second factor, usually something you own, like a smartphone app that generates\u003c/span\u003e\u003c/div\u003e\n\u003cdiv class=\"rich-text-paragraph\" style=\"min-height: 15px;\" data-eleid=\"2\"\u003e\u003cspan class=\"text-only\" style=\"white-space: pre;\" data-eleid=\"8\"\u003e a unique code or a physical device.\u003c/span\u003e\u003c/div\u003e\n\u003cdiv class=\"rich-text-paragraph\" style=\"min-height: 15px;\" data-eleid=\"2\"\u003e \u003c/div\u003e\n\u003cdiv class=\"rich-text-paragraph\" style=\"min-height: 15px;\" data-eleid=\"9\"\u003e\u003cspan class=\"text-only\" style=\"white-space: pre;\" data-eleid=\"10\"\u003eWhy You Need to Enable 2FA:\u003c/span\u003e\u003c/div\u003e\n\u003col class=\"richTextDocs-orderList richTextDocs-orderList-marker1 richTextDocs-orderList-number\" start=\"1\" data-eleid=\"11\"\u003e\n\u003cli class=\"richTextDocs-listItem\" data-eleid=\"12\" data-index=\"1.\"\u003e\n\u003cdiv class=\"richTextDocs-listItem__text\"\u003e\n\u003cspan class=\"text-only\" style=\"white-space: pre; font-weight: bold;\" data-eleid=\"13\"\u003eEnhanced Security:\u003c/span\u003e\u003cspan class=\"text-only\" style=\"white-space: pre;\" data-eleid=\"14\"\u003e Even if someone has your password, they cannot access your account without the second factor.\u003c/span\u003e\n\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"richTextDocs-listItem\" data-eleid=\"15\" data-index=\"2.\"\u003e\n\u003cdiv class=\"richTextDocs-listItem__text\"\u003e\n\u003cspan class=\"text-only\" style=\"white-space: pre; font-weight: bold;\" data-eleid=\"16\"\u003eProtection Against Hacks:\u003c/span\u003e\u003cspan class=\"text-only\" style=\"white-space: pre;\" data-eleid=\"17\"\u003e Passwords can be compromised through phishing or data breaches, but 2FA adds an extra hurdle for attackers.\u003c/span\u003e\n\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"richTextDocs-listItem\" data-eleid=\"18\" data-index=\"3.\"\u003e\n\u003cdiv class=\"richTextDocs-listItem__text\"\u003e\n\u003cspan class=\"text-only\" style=\"white-space: pre; font-weight: bold;\" data-eleid=\"19\"\u003eCompliance:\u003c/span\u003e\u003cspan class=\"text-only\" style=\"white-space: pre;\" data-eleid=\"20\"\u003e Some platforms require 2FA to meet regulatory or security standards.\u003c/span\u003e\n\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"rich-text-paragraph\" style=\"min-height: 15px;\" data-eleid=\"21\"\u003e\u003cspan class=\"text-only\" style=\"white-space: pre;\" data-eleid=\"22\"\u003eIn short, enabling 2FA significantly reduces the risk of unauthorized access to your account.\u003c/span\u003e\u003c/div\u003e\n\u003c/div\u003e","snippet":"account without the second factor. Protection Against \u003cem\u003eHacks\u003c/em\u003e: Passwords can be compromised through phishing or data breaches","result_type":"article"},{"id":19208974712348,"url":"https://hashkeygroup4435.zendesk.com/api/v2/help_center/en-us/articles/19208974712348.json","html_url":"https://help.hashkey.com/hc/en-us/articles/19208974712348-Risk-Disclosure-for-Perpetuals-Contracts-on-Lower-Capitalization-Tokens","author_id":14111060027932,"comments_disabled":true,"draft":false,"promoted":false,"position":0,"vote_sum":0,"vote_count":0,"upvote_count":0,"downvote_count":0,"section_id":18574283503644,"created_at":"2025-03-26T02:36:12Z","updated_at":"2025-04-02T10:44:06Z","name":"Risk Disclosure for Perpetuals Contracts on Lower Capitalization Tokens","title":"Risk Disclosure for Perpetuals Contracts on Lower Capitalization Tokens","source_locale":"en-us","locale":"en-us","outdated":false,"outdated_locales":[],"edited_at":"2025-03-26T02:52:34Z","user_segment_id":null,"permission_group_id":12948068493212,"content_tag_ids":[],"label_names":[],"body":"\u003cp\u003eWhile perpetual futures on tokens with lower capitalization may offer potential for high returns, they inherently carry elevated risks compared to more established assets. These risks include, but are not limited to:\u003c/p\u003e\n\u003col\u003e\n\u003cli\u003e\n\u003cstrong\u003eExtreme Price Volatility\u003cbr\u003e\u003c/strong\u003eLower capitalization tokens are highly susceptible to severe price fluctuations driven by market sentiment, speculative trading, or limited adoption. Prices may swing dramatically in short periods, potentially eroding investment value rapidly.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLiquidity Constraints\u003cbr\u003e\u003c/strong\u003eLower liquidity may result in wider bid-ask spreads, slippage during trades, or difficulty exiting positions without significantly impacting the token’s price.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTotal Loss of Value\u003cbr\u003e\u003c/strong\u003eSmaller projects face higher risks of failure, abandonment, or loss of utility, which could render tokens worthless. This includes risks of protocol flaws, mismanagement, or competition.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eDelisting Risk\u003cbr\u003e\u003c/strong\u003eExchanges may delist tokens that fail to meet evolving compliance, liquidity, or market stability standards. Delisting could permanently restrict access to trading venues.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eGovernance and Development Risks\u003cbr\u003e\u003c/strong\u003eMany lower capitalization projects lack mature governance frameworks or clear roadmaps. Changes in development teams, protocol rules, or tokenomics (e.g., inflationary supply schedules) may materially impact value.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eRegulatory Uncertainty\u003cbr\u003e\u003c/strong\u003eEvolving regulations could disproportionately affect smaller tokens, including restrictions on trading, custody, or classification (e.g., securities designations).\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCybersecurity Vulnerabilities\u003cbr\u003e\u003c/strong\u003eSmaller projects may have less robust security infrastructure, increasing exposure to hacks, smart contract exploits, or network outages that could irreversibly harm token value.\u003c/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eConcentration Risks\u003cbr\u003e\u003c/strong\u003eA small group of holders (e.g., \u0026gt;5% ownership) may exert outsized influence over token prices or governance decisions, amplifying volatility.\u003c/li\u003e\n\u003c/ol\u003e\n\u003cp\u003e\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr\u003eHashKey assumes no responsibility for losses incurred through trading lower capitalization tokens. These assets are speculative and unsuitable for risk-averse investors.\u003c/p\u003e\n\u003cp\u003e \u003c/p\u003e\n\u003cp\u003e \u003c/p\u003e\n\u003cp\u003e \u003c/p\u003e","snippet":"less robust security infrastructure, increasing exposure to \u003cem\u003ehacks\u003c/em\u003e, smart contract exploits, or network outages that could irreversibly","result_type":"article"},{"id":13000973243164,"url":"https://hashkeygroup4435.zendesk.com/api/v2/help_center/en-us/articles/13000973243164.json","html_url":"https://help.hashkey.com/hc/en-us/articles/13000973243164-Client-Risk-Disclosures-Statement","author_id":12929459073820,"comments_disabled":false,"draft":false,"promoted":false,"position":0,"vote_sum":382,"vote_count":412,"upvote_count":397,"downvote_count":15,"section_id":18574283503644,"created_at":"2024-03-09T15:12:31Z","updated_at":"2026-10-28T08:18:07Z","name":"Client Risk Disclosures Statement","title":"Client Risk Disclosures Statement","source_locale":"en-us","locale":"en-us","outdated":false,"outdated_locales":[],"edited_at":"2025-12-25T05:49:49Z","user_segment_id":null,"permission_group_id":12948068493212,"content_tag_ids":[],"label_names":[],"body":"\u003cdiv data-page-id=\"Ikk7d9jYpoHYFixqGiYln01Vgjb\" data-docx-has-block-data=\"false\"\u003e\n\u003ch1 class=\"wysiwyg-text-align-justify heading-1 ace-line old-record-id-doxlgkSKEoPSememopUxCLHimve\" style=\"-webkit-text-stroke-width: 0px; background-color: #ffffff; box-sizing: border-box; color: #2f3941; font-family: -apple-system, BlinkMacSystemFont, ' Segoe UI' , Helvetica, Arial, sans-serif; font-size: 32px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; letter-spacing: normal; orphans: 2; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;\" id=\"h_01HRHW8JHRJ6Z0SKSDQBV9C1BN\"\u003e\u003cspan style=\"color: #245bdb;\"\u003e\u003cspan style=\"box-sizing: border-box;\"\u003e\u003cstrong style=\"box-sizing: border-box; font-weight: bolder;\"\u003eHASHKEY BERMUDA LIMITED\u003c/strong\u003e\u003c/span\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003ch1 class=\"wysiwyg-text-align-justify heading-1 ace-line old-record-id-doxlgxbCTQeR4o0TGWC69VVRp9f\" style=\"-webkit-text-stroke-width: 0px; background-color: #ffffff; box-sizing: border-box; color: #2f3941; font-family: -apple-system, BlinkMacSystemFont, ' Segoe UI' , Helvetica, Arial, sans-serif; font-size: 32px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; letter-spacing: normal; orphans: 2; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;\" id=\"h_01HRHW8JHR3QT8RCZHQ2X3Q0DN\"\u003e\u003cspan style=\"color: #245bdb;\"\u003e\u003cspan style=\"box-sizing: border-box;\"\u003e\u003cstrong style=\"box-sizing: border-box; font-weight: bolder;\"\u003eCLIENT RISK DISCLOSURES STATEMENT\u003c/strong\u003e\u003c/span\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line old-record-id-doxlguH1EtrZiZWqxttLKd2oEcf\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line old-record-id-doxlg8boMmGm9w9BvB6TQ7Wk5j3\"\u003e\n\u003cspan class=\"wysiwyg-underline\"\u003ePlease note that this Risk Disclosures Statement explains some principal risks but is not an exhaustive list of all possible risks\u003c/span\u003e. Before entering into a Transaction, you should therefore be satisfied that you fully understand the precise nature of the Transaction, how it works, the extent of your exposure to risks and the potential losses that you could incur. You should also read the relevant product specific terms, namely the Additional Terms, and the terms set out in the Investor Business Terms. This Risk Disclosures Statement also does not deal with issues of taxation or other legal consequences pertaining to any transactions which you enter into.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlgSS6eqkDxr0Lho8boAMJy1f wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\"\u003e\u003cli class=\"ace-line old-record-id-doxlggv6p57Biryl6WVjTduGsue ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ea324c0ecc202efe89bcd47cf64831241\"\u003e\u003cdiv\u003e\u003cstrong\u003eGeneral Risk\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgEAxfqs0VIBnKkUVFJx9hbh\" style=\"text-indent: 2em;\"\u003eSubscribing for any Digital Asset related products or services involves a high degree of risk. The value of Digital Assets may not be backed or supported by any government. As such, Digital Assets may suffer significant volatility in value. If you wish to trade Digital Asset related products, you should carefully read and understand the nature, terms and risk of the relevant Products and carefully consider the risk exposure. You must have the financial ability, sophistication, experience, tolerance, and willingness to bear the risks of any Digital Asset related products or services, and a potential total loss of the underlying assets. Digital Asset products and services are not suitable for all investors. Before acquiring a Digital Asset product or service, please carefully review your financial situation, experience and objectives for engaging in the transaction, ability to bear risks and other relevant circumstances to determine whether such products or services is suitable for you. You should consult professional advisors (including legal, tax, financial and accounting) as may be appropriate. By entering into any Transaction, you agree that you assume all the risk of your Transactions and that we will not be responsible for any losses you may suffer.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlg9VEzOxedt4mV5CCuMr610b wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"2\"\u003e\u003cli class=\"ace-line old-record-id-doxlgOIK1f15QRhQu5OVdXc2tIe ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e1cf2ccfa30f61366f741561678e6363d\"\u003e\u003cdiv\u003e\u003cstrong\u003eIssuer Default Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgUKipjxENtTFyg1a8wUbwNf\" style=\"text-indent: 2em;\"\u003eUnless expressly stated otherwise, HashKey Bermuda Limited (HBML) does not issue Digital Assets. Digital Assets are issued by third parties. Investors should read the applicable terms, information and risk disclosures provided by the applicable issuers carefully before entering into any Transaction. Investors should note that the offering document or product information provided by the issuer have not been subject to scrutiny by any regulatory body.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgktZXpiVXZugVcNqKITAsub\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgDHlGHu4pOlbYEQF1w9Lodb\" style=\"text-indent: 2em;\"\u003eFor any Digital Assets authorised by a regulator, investors should note that authorisation does not imply any official recommendation or endorsement of the asset by such regulator, nor does it guarantee the commercial merits of such asset or its performance.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgdsbLMp803kJPWst4W9y3yh\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgAuzmdj5IWxrFVbIUeC1CRd\" style=\"text-indent: 2em;\"\u003eIn the event that a Digital Asset issuer becomes insolvent and defaults on their issued products, investors will be considered as unsecured creditors and will have no preferential claims to any assets held by the issuer. Investors should therefore pay close attention to the financial strength and credit worthiness of the Digital Asset issuers and conduct their own assessment on the potential of their project. Since Digital Assets are not legal tender and Digital Asset products are not backed by assets or any government and authorities, in the event of issuer bankruptcy or ceasing of operations, their Digital Assets issued may no longer have any value and investors can lose their entire investment. We make no representations or warranties about whether any Digital Asset will always continue to trade on the HashKey Platform. Any Digital Asset is subject to delisting without prior notice in the sole discretion of us. Investors should seek independent professional advice before making any investment decision.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgxZ6oJVzbVeq9lcUuzSMpve\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgwHxRdVZoQldjllDkwdAHLd\" style=\"text-indent: 2em;\"\u003eFor the avoidance of doubt, Digital Asset issuers or projects with affiliations with HBML are subject to the same listing requirements as third party issuers. The risks set out under this subheading or otherwise under this Client Risk Disclosure Statement shall continue to apply in the trading of such Digital Assets and investors should conduct no less due diligence on such Digital Assets than they would for other Digital Assets.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgfqWrHMVbOtIilF3KeO445b wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"3\"\u003e\u003cli class=\"ace-line old-record-id-doxlggFfdYwfj9AQYamvWg1yPte ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ea20624e2ae41e6e729de02807ba60ce7\"\u003e\u003cdiv\u003e\u003cstrong\u003eToken Diligence\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg9XIAT7JEeUZNtTrENTic0c\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgOE9CnwNjpFgy1k8VdcJWnf\" style=\"text-indent: 2em;\"\u003eWe do not provide any guarantees or endorsements regarding any listed Digital Assets. The information provided on our website and/or our trading platform is for general information and education purposes only and we make no representations or warranties with respect to the accuracy or completeness of such information and it is not a recommendation to purchase or sell any listed Digital Asset. You should not consider such information as investment advice. It is your responsibility to assess the quality, legitimacy and value of any Digital Assets. We advise you to exercise caution and perform your own independent research and due diligence before engaging in any trading activities.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlg6MQLy6Dvyo1mJORl1YxEYd wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"4\"\u003e\u003cli class=\"ace-line old-record-id-doxlgKIlfOcOrItKRSSHnmmH2md ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e7e31ce0b6bb801fdd77a753a00e0d5c6\"\u003e\u003cdiv\u003e\u003cstrong\u003eLiquidity and Conversion Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgeSEGaZY9n1YDwiIVsc2ftc\" style=\"text-indent: 2em;\"\u003eWhere digital asset transactions are denominated in particular Digital Assets or fiat currencies (if and where applicable) other than the primary reference asset of the investors, or where the investors convert Digital Assets upon carrying out a Transaction, there is a risk of the exchange markets moving against the investor, resulting in maturity or any earlier dealing the net proceeds may be significantly less than the initial amount in your primary reference asset, and any income or gains may be entirely negated.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgZS5SEO2C2WkMOatv7V3CTh\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg0cgt6IhGRX8sxPxvtbX0og\" style=\"text-indent: 2em;\"\u003eThe value of a Digital Asset may be derived, among other things, from the continued willingness of market participants to exchange fiat currency (if and where applicable) for that Digital Asset, this means that the value of a particular Digital Asset may decline, or be completely and permanently lost should the market for that Digital Asset disappear. Investors should further note that there is no assurance that a market that existed for a particular Digital Asset will continue to exist in the future, or that a person who accepts a Digital Asset as payment today will continue to do so in the future.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg73MtoG8szCZuQwXLG1KOme\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgiaqEjhkp21z70Gae8JGKng\" style=\"text-indent: 2em;\"\u003eLiquidity risk is the risk of losses attributable to a lack of liquidity (for example very few active market participants) in a particular market. This is usually indicated by wide bid / offer spreads and very few transactions being carried out in a particular product or market. The risk is that changes in the underlying market price may be infrequent but very large, and that it is not possible to unwind or transfer a particular transaction in a timely manner, at near the price the investor had expected, or at all. Such liquidity risk in an asset may be caused by the absence of buyers, limited buy/sell activity or lack of or underdeveloped secondary markets for certain Digital Assets. Investors should note that there is no assurance that a person who accepts a Digital Asset as payment, will continue to do so in the future.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgKSrGOGuV5DzFKARyMZbN3c\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg7NCgIr6Od3jYtTcoymRMXA\" style=\"text-indent: 2em;\"\u003eInvestors may also suffer loss as a result of depreciation of the value of the fiat currency (if and where applicable) paid as a result of foreign exchange controls imposed by the country issuing the foreign currency. Repayment or payment of amounts due to the investor may be delayed or prevented by exchange controls or other actions imposed by governmental or regulatory bodies over currencies which they control or regulate.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgAgn5lrUgga29m4zpIOh7cd wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"5\"\u003e\u003cli class=\"ace-line old-record-id-doxlg9Ildv126wFPH3X3ySoJYph ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"eb2054c8a5a076afcf70620d4519d37a1\"\u003e\u003cdiv\u003e\u003cstrong\u003eMarket risk\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgkfEqBhEl9fC9bT3p9HHC1c\" style=\"text-indent: 2em;\"\u003eDigital Asset trading venues are relatively new and, in most cases, largely unregulated. They are typically not subject to the same robust regulation as trading platforms in traditional financial markets, and are not typically required to protect customers to the same extent that regulated securities exchanges or futures exchanges are required. Digital asset trading platforms may therefore be more exposed to theft, fraud, failure, security breaches, market manipulation and insider dealing, compared to established, regulated exchanges for securities, derivatives and other currencies. In particular, some digital asset trading venues have collapsed or closed due to the above issues. As a result, the prices of Digital Assets may be subject to larger and/or more frequent sudden decline than assets traded on more traditional exchanges.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlgSLKOkHgts1DXxjTyczF1Ld wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"6\"\u003e\u003cli class=\"ace-line old-record-id-doxlgp28BU2oymK6ZtrrzTtuNYd ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e3071e6ae9a4b441da26c7fbfa6141159\"\u003e\u003cdiv\u003e\u003cstrong\u003eMarket liquidity Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgnfys27v3u79HzOnOWwYxIh\" style=\"text-indent: 2em;\"\u003eIn setting the prices, spreads, and other features of a Digital Asset related product, HBML may take into account the market conditions of the relevant Digital Assets which may change significantly in a short period of time. Due to market conditions or other circumstances, you may not be able to sell your holding in a Digital Asset as quickly as you would like. HBML is not liable for any loss that you may suffer to the extent that you cannot sell your product due to issues arising from the market liquidity of a Digital Asset.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlgQMX5EgeaI5a4nPH2GNXLub wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"7\"\u003e\u003cli class=\"ace-line old-record-id-doxlgFwIPqFkbYYo9aoQ0970Ume ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ea393b45a6f3c51bdd8a128061e779b0a\"\u003e\u003cdiv\u003e\u003cstrong\u003eVolatility Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgalPGq4jFVUbZZNYtfKWupg\" style=\"text-indent: 2em;\"\u003eThe volatility and unpredictability of the price of Digital Assets relative to other digital Assets or fiat currencies (if and where applicable) may result in significant losses over a short period of time. Such fluctuations could affect the price of any Digital Assets. Digital Assets may decrease in value or lose all of its value due to various factors including discovery of wrongful conduct, market manipulation on trading, lending or other dealing platforms, change to the nature or properties of the Digital Asset, governmental or regulatory activity, legislative changes, suspension or cessation of support for a Digital Assets or other exchanges or service providers, public opinions, or other factors outside of our control. Technical advancements, as well as broader economic and political factors, may cause the value of Digital Assets to change significantly over a short period of time. Digital Assets are highly risky and investors should exercise caution when trading any Digital Assets.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgimAgVCe3yyCTqDJjfUQ0ff wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"8\"\u003e\u003cli class=\"ace-line old-record-id-doxlgNL6YWQJGMX5yKOirhMGzOM ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e75d073dd237dbcad5819f7bb463e04e4\"\u003e\u003cdiv\u003e\u003cstrong\u003eTrading Suspension Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgr9SuXOCF6NYy9CAGQM8xwc\" style=\"text-indent: 2em;\"\u003eDuring the suspension of trading of any Digital Assets, investors and potential investors cannot buy and sell units on the trading platform. In terms of providing a fair and orderly market with regard to the interests of investors, the trading platform may suspend trading whenever it deems appropriate. If trading is suspended, the subscription and redemption of such Digital Assets may also be suspended. It may also be difficult or impossible to liquidate a position in the Digital Assets under certain circumstances. Certain Airdrops, Forks or Network Events may occur rapidly and affect our ability to conduct a Transaction. Information relating to such events may be difficult to ascertain ahead of time and may be subject to limited oversight by any third party who is capable of intervening to stabilise the network.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlgIub2nCmF5iWLAwsFLDczIb wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"9\"\u003e\u003cli class=\"ace-line old-record-id-doxlgesDdfmuUpkjzxoRy6HlmGA ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e5ddbad5cf4be643ef8dd74ec4643d91c\"\u003e\u003cdiv\u003e\u003cstrong\u003eNot a Bank Deposit under Applicable Laws\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgPmzvd9uUvSTHdTETqa04Re\" style=\"text-indent: 2em;\"\u003eAny fiat currencies (if and where applicable) or Digital Assets held by us for your benefit are not held as “deposits” within the meaning of the Banking and Deposit Companies Act 199 of Bermuda (as amended) or any Applicable Law and are not eligible for any public or private deposit insurance protection or other protection programmes of a similar nature. For the avoidance of doubt, HBML is not regulated by the Bermuda Monetary Authority in respect of the foregoing.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgfiV8KxeHq7azZVBIzjDCxf wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"10\"\u003e\u003cli class=\"ace-line old-record-id-doxlgVd0rUvSOFRFqW4qaoVxVh6 ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e66a63a15db8a5c8f2b767bf98d0db039\"\u003e\u003cdiv\u003e\u003cstrong\u003eJurisdiction Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgEHo2WQUxy4vKcjMrAUYQUb\" style=\"text-indent: 2em;\"\u003eResidents, Tax residents or persons having a relevant connection with certain jurisdictions are excluded from carrying out Digital Asset transactions. Changes in the investor’s place of domicile or the Applicable Laws may result in the investor violating legal or regulatory requirements of the applicable jurisdiction. The investor is responsible for ensuring that any digital asset transaction is, and remains lawful despite changes to Applicable Laws, the investor’s jurisdiction of residence and circumstances.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgkEBZoOVcTgrpGs0FmhuVWe wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"11\"\u003e\u003cli class=\"ace-line old-record-id-doxlghsQPQgnC70zgBnITsclSgg ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ec05943b4318ce7ccb62e79fb6d0f45b7\"\u003e\u003cdiv\u003e\u003cstrong\u003eCountry Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgiXU8YFviN2RVuKAhejIYdf\" style=\"text-indent: 2em;\"\u003eIf a Digital Asset transaction is made in respect of Digital Assets issued by a party subject to foreign laws or transactions made on markets in other jurisdictions, including markets formally linked to a domestic market, recovery of the sums invested and any profits or gains may be reduced, delayed or prevented by exchange controls, debt moratorium or other actions imposed by the government or other official bodies. Before conducting any Digital Asset transaction, the investor should satisfy himself/herself as to the sufficiency of his understanding of any rules or laws relevant to the particular Digital Asset transactions.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgAswUEunQzWpglnnh7it2Cc\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgEtAwiReCAooTM7MTjyUgNd\" style=\"text-indent: 2em;\"\u003eInvestors should note that their local regulatory authority will be unable to compel the enforcement of the rules of regulatory authorities or markets in other jurisdictions where the investor’s transactions have been effected. It is the sole responsibility of the investor to obtain independent advice about the different types of redress available in both the investor’s home jurisdiction and other relevant jurisdictions before starting to trade. If the investor’s jurisdiction of residence imposes restrictions on Digital Asset transactions, we may be required to discontinue your access to the Account, and may not be permitted to transfer any Digital Assets back to you or permit you to transfer Digital Assets from the Account to yourself or others, until such time as the regulatory environment permits us to do so.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgk3DbDXh0q8mvmeJexM6dch wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"12\"\u003e\u003cli class=\"ace-line old-record-id-doxlgJCGrY2JxVbgyucWElEnxrg ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e5c235c1b6824e0c9e6ee2bca8aff4512\"\u003e\u003cdiv\u003e\u003cstrong\u003eLegal and Regulatory Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgpG7yghpFeo4e63XZzsQLzr\" style=\"text-indent: 2em;\"\u003eLegal and documentation risks include the risk that transactions and/or their related framework arrangements may not be legally enforceable or that the conduct of the parties violates applicable laws and regulations. You understand and acknowledge that the regulatory status of Digital Assets is currently unsettled, varies among jurisdictions and is subject to significant uncertainty. There is also legal uncertainty on whether Digital Assets can be regarded as “property” under the Applicable Laws. This may affect the nature and enforceability of your interest in such Digital Asset. Legislative and regulatory changes or actions relating to Digital Assets at a state or international level may adversely affect or restrict, as applicable, the use, transfer, exchange, and value of Digital Assets, as well as the provision of the Services. You are solely responsible for knowing and understanding how the laws applicable to you or your property, rights or assets or tax the Digital Assets you trade or the leverage you provide.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlg8lebDlvlenOUbXwbBKWUBb wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"13\"\u003e\u003cli class=\"ace-line old-record-id-doxlgVtGgqCMdq164V6bYOvzmmg ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e6de729fcc20522ca43fc1d43bd6b352c\"\u003e\u003cdiv\u003e\u003cstrong\u003eRegulatory Measures\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgbNtwBe6ammLK2plZhYXaTb\" style=\"text-indent: 2em;\"\u003eDigital Assets may be overseen by the legal and regulatory authorities of a number of jurisdictions globally. We may receive notices, queries, warnings, requests or rulings from one or more authorities upon short notice, or may even be ordered to suspend or terminate any action in connection with any Digital Assets as a whole without prior notice. Furthermore, many aspects of the Digital Assets involve untested areas of law and regulation, and could be subject to new laws or regulations. Therefore, their legal and regulatory outcome in all relevant jurisdictions is not possible to predict. The planning, development, marketing, promotion, execution or otherwise of the Digital Assets may be seriously affected, hindered, postponed or terminated as a result of such new laws and/or regulations. Since regulatory policies can change with or without prior notice, any existing regulatory permissions for or tolerance of Digital Assets in any jurisdiction may be withdrawn without warning. Cryptographic-tokens and cryptocurrencies could be deemed from time to time as a commodity or digital commodity, a digital asset or even as money, securities or currency in various jurisdictions and therefore the Digital Assets could be prohibited from being entered into, traded or held in certain jurisdictions pursuant to local regulations. In turn, the Digital Assets could be deemed to be a regulated or restricted product. There is no guarantee that the Digital Assets can maintain any particular legal or regulatory status in any particular jurisdiction at any time.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgTdwsP83qvIRgHlLM6kZP5f wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"14\"\u003e\u003cli class=\"ace-line old-record-id-doxlg2CwNm2UINCx7ky9mSDQdef ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e8e1b244827075175717460772981c2b2\"\u003e\u003cdiv\u003e\u003cstrong\u003eRisks of Assets Received or Held outside Bermuda\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgFp1iOZg04RsMyb6I9WwUfc\" style=\"text-indent: 2em;\"\u003eDigital Assets and fiat currencies (if and where applicable) received or held by us for your benefit outside Bermuda are subject to applicable laws of the relevant overseas jurisdictions, which may be different from the Digital Asset Business Act and the rules made thereunder. Consequently, such assets may not enjoy the same protection as that may be conferred on some of the assets received or held in Bermuda.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgnUaCqHbUUbSDEPljbShZBf wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"15\"\u003e\u003cli class=\"ace-line old-record-id-doxlg6MRemG1Aptz5BeNofXvKnb ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e913f6f373fd30fbab7b46c435f79ea89\"\u003e\u003cdiv\u003e\u003cstrong\u003eRisks Relating to Authorised Persons\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgqZSThodqDtm8njgJydNtvb\" style=\"text-indent: 2em;\"\u003eThere are substantial risks in allowing another person to trade or operate your Account, and it is possible that Instructions could be given by persons who are not properly authorised. You accept all of the risks of such an operation and irrevocably release us from all liabilities arising out of or in connection with such Instructions.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlg1IHfD6UBk6Z2vfe88pO16Y wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"16\"\u003e\u003cli class=\"ace-line old-record-id-doxlgatyD0MKOBbGMUHguvfVKeb ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ed1c7b2be01172ebde131fb899e2ec1b4\"\u003e\u003cdiv\u003e\u003cstrong\u003eDigital Assets may be Complex Products\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgkUrSvJf9mgD0EVRvJmmBch\" style=\"text-indent: 2em;\"\u003eDigital Assets may be complex products by virtue that the terms, features and/or risk are not understood due to the complex structure, novelty and reliance on technological features. Investors should take steps to understand the nature of such complex products and the risks involved.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgSMVYUkmNQR2ZvNYrGZQGoe wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"17\"\u003e\u003cli class=\"ace-line old-record-id-doxlgg0n4xnZm6bJbT1V4iW3Cdb ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"eaa4892d798c7900fe89e6c3b9042c6ba\"\u003e\u003cdiv\u003e\u003cstrong\u003eCommissions and Fees\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgKllRNkWQ6w5iHwzaGSWcFc\" style=\"text-indent: 2em;\"\u003eThe investor should obtain details of all fees, costs, charges, expenses and commissions (which are available on the Website (updated from time to time for which he/she will be liable before conducting any Digital Asset transaction. If any of the foregoing is unclear to the investor, it is the responsibility of the investor to clarify such fees, costs, charges, expenses and commissions before entering into the Digital Asset transaction.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg42Ijkas5xIPDL2n6zRMCOd\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgz2RkmaVe4PQOG3x76NHTdd\" style=\"text-indent: 2em;\"\u003eThe fees, costs, charges, expenses and commissions to be paid by the investor will vary depending on a variety of factors, including the nature of the investor’s relationship with HBML in relation to the relevant services, the transaction size, complexity and type of asset.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgI1PfI3jdROEQVorvwpsACy wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"18\"\u003e\u003cli class=\"ace-line old-record-id-doxlgDv9dzdkAQirXKFoTM8J5Ee ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ea0e3ac0d3812b12f8ccf0d965322ecda\"\u003e\u003cdiv\u003e\u003cstrong\u003eTax Treatment and Accounting\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgExzr4sG0nj3dNFzYH03hKb\" style=\"text-indent: 2em;\"\u003eSome Digital Asset transactions may be subject to the tax laws and regulations in an applicable jurisdiction. The tax treatment and accounting of Digital Assets is a largely untested area of law and practice that is subject to change. Tax treatment of Digital Assets may vary amongst jurisdictions. We may receive queries, notices, requests or summons from tax authorities and as a result may be required to furnish certain information about the Digital Asset transaction.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line old-record-id-doxlgzyuLjKwbMNYXmD3pcF0fHe\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg5z7fdh7nk4O91b2gHRUOJd\" style=\"text-indent: 2em;\"\u003eAmong the accounting profession, there are no agreed standards and practices for how an auditor can perform assurance procedures to obtain sufficient audit evidence for the existence and ownership of the Digital Assets, and ascertain the reasonableness of the valuations.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgOg3DrFsiZRrOrIDbcCegyc\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgrfUqqbzOl75NyMID56oAgc\" style=\"text-indent: 2em;\"\u003eIf you are unsure about the tax implications of your Digital Asset transactions, you should seek independent professional advice before carrying out a Digital Asset transaction.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgzniqBP8o1sSCD5qnHeYSXb wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"19\"\u003e\u003cli class=\"ace-line old-record-id-doxlgfKrJVrw7HC1JPRIrJorv2f ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e50e9866d4d2e33cff7f8cbdc14399397\"\u003e\u003cdiv\u003e\u003cstrong\u003eInflation Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlga4Q6NEKRgtFU1NErpOWIQd\" style=\"text-indent: 2em;\"\u003eDigital Assets may, either because of the inherent design of the Digital Assets or through Forks, Airdrops or Network Events, not be a fixed supply of assets. Where additional Digital Assets are created, their price may decline due to inflationary effects of the increased amount of total Digital Assets available.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlg5q5M88VeS1iOVg47sDKsCb wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"20\"\u003e\u003cli class=\"ace-line old-record-id-doxlg8QmpQUzUvan3tjqwDudPRb ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e61d3bd15cb72eb7109cecac885dbccba\"\u003e\u003cdiv\u003e\u003cstrong\u003eConcentration Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgXD9G0TpmeBzZcJR2zcUYhf\" style=\"text-indent: 2em;\"\u003eAt any point in time, one or more persons may directly or indirectly control significant portions of the total supply of any particular Digital Asset. Acting individually or in concert, these holders may have significant influence, and may be able to influence or cause Forks or Network Events which may have a detrimental effect on price, value or functionality of the Digital Assets. Network Participants may make decisions that are not in your best interest as a holder of Digital Assets.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgdPrekun03yzsl1RDbxjs2b wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"21\"\u003e\u003cli class=\"ace-line old-record-id-doxlgiip5ogMqMq8MPkhShyCOBd ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ee3fd93916cc7b77e0d025349f40d3d74\"\u003e\u003cdiv\u003e\u003cstrong\u003eInsolvency Risk\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgSWml7A8JdT1dDrcpq95cIb\" style=\"text-indent: 2em;\"\u003eThe insolvency or default of any exchanges or brokers involved with the Services and Products may lead to your trading positions being liquidated or closed out without your consent. In such circumstances where, for example, the exchange’s or broker’s assets are subject to insolvency proceedings, you may lose the assets that you have invested. HBML will use reasonable endeavours to notify you promptly of the occurrence of such insolvency.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlg1piEt2Vt2HbrRDa1bXhsnE wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"22\"\u003e\u003cli class=\"ace-line old-record-id-doxlgoZjYlbjNNmIyuerdu6whCd ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ef75d6ba2b64bcddc3b10738a5b29cc0e\"\u003e\u003cdiv\u003e\u003cstrong\u003eConflicts of Interest\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgrTe31szC3xeYtNkLbSuy7c\" style=\"text-indent: 2em;\"\u003eWe or other Digital Asset trading service providers may be acting as agents for you as well as acting as principals against you. We or other relevant service providers may facilitate the initial distribution of Digital Assets (such as, initial coin offerings), secondary market trading, or both, in manners similar to a traditional exchange, alternative trading system or securities broker. If these operations are not under the purview of any regulator, it would be difficult to detect, monitor and manage conflicts of interest.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlguysTtAqI2QVkvcLrZfzded wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"23\"\u003e\u003cli class=\"ace-line old-record-id-doxlg1cEKuggMYoUtIWjBh5QPzc ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ee3bdd530e36c9e7bfd85fa71db25aff4\"\u003e\u003cdiv\u003e\u003cstrong\u003eMoney-laundering risk\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgBOMRcNtoGvEAhLS96DeyUh\" style=\"text-indent: 2em;\"\u003eDigital Assets are generally transacted or held on an anonymous basis. In particular, Digital Asset trading platforms which allow conversions between Digital Assets and fiat currencies (if and where applicable) are inherently susceptible to higher risks of money laundering and terrorist financing. Digital Asset investments may be the subject of law enforcement action as a result of criminal activities and investors may not be able to recover any of their investments as a result.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlgmF31WrJi0d3PcEtrvCIB9A wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"24\"\u003e\u003cli class=\"ace-line old-record-id-doxlgWD6ruuXtqLOQHDIrZZA56d ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ebeddb2e234d42acc3b10b093a292f788\"\u003e\u003cdiv\u003e\u003cstrong\u003eCryptographic Protection\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgPhmYNJz9V8X0P1FihHu9Kg\" style=\"text-indent: 2em;\"\u003eCryptography is evolving and there can be no guarantee of security at all times. Advancement in cryptography technologies and techniques, including but not limited to code cracking, the development of artificial intelligence and/or quantum computers, could be identified as risks to all cryptography-based and/or blockchain based systems including the underlying assets of the digital assets. The security of our trading platform cannot be guaranteed as the future of cryptography or security innovations is unpredictable.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgA15pLd6Qsn86vEGIXlRwZz wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"25\"\u003e\u003cli class=\"ace-line old-record-id-doxlgClCAbYn2zbOA54FHtkBYye ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ea6e94f8c1b2f484dc672e961829ac05e\"\u003e\u003cdiv\u003e\u003cstrong\u003eAbandonment or Development Failure\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgwc0u4N9MQH672HSBY8yrBh\" style=\"text-indent: 2em;\"\u003eDue to the technically complex nature of our trading platform, we could face difficulties from time to time that may be unforeseeable and/or unresolvable. Accordingly, the development of the trading platform could fail, terminate or be delayed at any time for any reason (including but not limited to a lack of funds). Development failure or termination may render the Digital Asset not transferable, not exercisable, and/or obsolete.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlg52BiON5OI7tGDDj9YQCN7b wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"26\"\u003e\u003cli class=\"ace-line old-record-id-doxlgIKhx9L9HzNZGDpHoLYth5g ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"eeccf0fbbd3b25bbb5ceed5bc025e2025\"\u003e\u003cdiv\u003e\u003cstrong\u003eLoss of Private Key is Permanent and Irreversible\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlgRibKmvEWwE6uMgbKguP0Ff wysiwyg-text-align-justify\" style=\"text-indent: 2em; white-space: pre;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003eInvestors should note that Digital Assets not received nor held by HBML and/or HashKey Xpert Limited\u003c/div\u003e\n\u003cdiv\u003ein your Account is the investor’s sole responsibility, and that the investor alone is responsible for securing\u003c/div\u003e\n\u003cdiv\u003ehis/her private key for any address with respect to such Digital Assets. Any loss of control of the private key\u003c/div\u003e\n\u003cdiv\u003eby the investor will permanently and irreversibly deny the investor access to such Digital Assets and a means\u003c/div\u003e\n\u003cdiv\u003eof proving their ownership in the Digital Assets. Neither HBML nor any other person will be able to retrieve\u003c/div\u003e\n\u003cdiv\u003eor protect the Digital Assets not held by HBML and/or HashKey Xpert Limited in your Account. Once lost,\u003c/div\u003e\n\u003cdiv\u003ethe investor will not be able to transfer such Digital Assets to any other address or wallet. This means that\u003c/div\u003e\n\u003cdiv\u003ethe investor will also not be able to realize any value or utility that the Digital Assets may hold now or in future.\u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"27\"\u003e\u003cli class=\"ace-line old-record-id-doxlgnJlQHtALmpEqf7K8J1I0jh\" data-list=\"number\" data-list-item-id=\"e4c6004fcd390e12e06e1f92a19f0684e\"\u003e\n\u003cp\u003e \u003c/p\u003e\n\u003cdiv\u003e\u003cstrong\u003eCyber-attacks and Fraudulent Activity, including Theft of Digital Assets on the Trading Platform \u003c/strong\u003e\u003c/div\u003e\n\u003cp\u003e \u003c/p\u003e\n\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgfm5InMJcL6Y9krtzzowT1g\" style=\"text-indent: 2em;\"\u003eThere may be attempts to steal Digital Assets on the trading platform. The nature of Digital Assets exposes the investor to an increased risk of fraud or cyber-attack. Digital Assets, the investor’s Account, any service provided by HashKey Exchange, and the Website may be targeted by malicious persons who may attempt to steal Digital Assets or fiat currencies (if and where applicable), or otherwise intervene in a Digital Asset transaction or any service provided by HashKey Exchange. This includes (but is not limited to) interventions by way of distributed denial of service, sybil attacks, phishing, social engineering, hacking, smurfing, malware, double spending, majority-mining, consensus-based or other mining attacks, misinformation campaigns; Forks; and spoofing.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgDamJ6fRzgmETgm5eytO3of\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg4V9gnprrDLd5t43unawisQ\" style=\"text-indent: 2em;\"\u003eThese malicious persons may target an investor in an attempt to steal any asset held by the investor, or to claim any asset that the investor may have purchased. This may involve unauthorised access to your Account, the investor’s private keys, addresses, passwords, email or social media accounts, log-in details or access method for the Account, as well as unauthorised access to the investor’s computer, smartphone and any other devices used by the investor. The investor is solely responsible for protecting himself/herself against such actions.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgQxG0ZIC8qBlk0N00cbn8me\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgFmJz5o1amAaGxKHCjEIGX2\" style=\"text-indent: 2em;\"\u003eDigital Assets, the investor’s Account, any service provided by HashKey Exchange, and the Website may also be vulnerable to exploitation of vulnerabilities in smart contracts and other code, as well as to human error.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgTLLCHmprMoN7zSH3b8jbng\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgzDm4LiT4kpczAOkwxvAR9c\" style=\"text-indent: 2em;\"\u003eA limited amount of your Digital Assets may be stored in hot wallets (i.e. online environments which provide an interface with the internet), which can be prone to hacking or cyber-attacks. Cyber-attacks resulting in the hacking of Digital Asset trading platforms and thefts of Digital Assets are common. Victims may have difficulty recovering any losses resulting from these attacks. This could result in significant loss and/or other impact that may materially affect an investor’s interests.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgMVfbctUOMEyT3w9CoRrgre\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlggr2aSu7NqKeeHWzCHTAW8e\" style=\"text-indent: 2em;\"\u003eThe above events may affect the features, function, operation, use, access or other properties of the Digital Assets, the investor’s Account, the Website or any services provided by HashKey Exchange. While HBML will endeavour to adopt industry best practices to keep the Digital Assets safe (including but not limited to the use of cold storage and multi-signature authentications), successful cyber thefts and other fraudulent activities set out above may still occur.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgeKRpEqo1lrMHhOHvnjpxCR wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"28\"\u003e\u003cli class=\"ace-line old-record-id-doxlgEVHS4FGt3JlboW4whfUDve ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"eb9e2b3ce0f050fd14b4e860ca61fcdee\"\u003e\u003cdiv\u003e\u003cstrong\u003eFlaw in the Source Code\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgtfLeFyJho65d7UdggRMwTe\" style=\"text-indent: 2em;\"\u003eWhile we adopt quality assurance procedures to help ensure the source codes as accurately as possible reflect their intended operation, the flawlessness of the source codes, some of which are open source codes, cannot be guaranteed. They may contain bugs, defects, inconsistencies, flaws or errors, which may disable some functionality, create vulnerabilities or cause instability. Such flaws may compromise the predictability, usability, stability, and/or security of the trading platform. Open source codes rely on transparency to promote community-sourced identification and solution of problems within the code.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlg22BQFyNDG2NOE57IRvXhTg wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"29\"\u003e\u003cli class=\"ace-line old-record-id-doxlgO7mfRKvzZQMdHZDE3uqVuh ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"eac7b4ca01c651fd4a74f5cfb8499e22a\"\u003e\u003cdiv\u003e\u003cstrong\u003eUnpermissioned, Decentralized and Autonomous Ledger\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgL80Aili6W3rkAoEIGlsL1b\" style=\"text-indent: 2em;\"\u003eThe trading platform is being developed to serve various distributed ledger systems which are unpermissioned protocols that could be accessed and used by anyone. In addition to the use of decentralized ledgers, we intend to make use of supporting technologies that also operate on decentralized ledgers. The utility and integrity of our trading platform relies on the stability, security and popularity of these decentralized ledgers. Risks arising from relying on such distributed ledger technology include the existence of technical flaws in the technology, targeting by malicious persons, majority-mining, consensus-based or other mining attacks, changes in the consensus protocol or algorithms, decreased community or miner support, rapid fluctuations in value of relevant digital assets, the existence or development of competing networks, platforms and assets, flaws in the scripting language, disputes between developers, miners and/or users and regulatory action. We are envisaged to be an open, decentralized community and its composition can include users, supporters, developers and other participants worldwide who may or may not be connected with us in any manner. The trading platform is intended to be decentralized and autonomous in nature as far as its maintenance, governance and evolution are concerned.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgo0ZvmEdahPahI5E3rzBnCd wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"30\"\u003e\u003cli class=\"ace-line old-record-id-doxlgD15NBA6enjl1Ey9ohCIs4d ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e6a7b3183e412550e9772a8d92e7fdf83\"\u003e\u003cdiv\u003e\u003cstrong\u003eCompromised Security\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgWEUdYRGuxydcg456pdm0Et\" style=\"text-indent: 2em;\"\u003eWe rely on open source software and unpermissioned decentralized distributed ledgers including but not limited to the Ethereum blockchain. Accordingly, anyone may intentionally or unintentionally compromise the core infrastructural elements of our trading platform and its underlying technologies. This may consequently result in the loss of any Digital Assets held on the trading platform and may cause our system to fall.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgrKObBSPpsHjQTjnB3UVkqd wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"31\"\u003e\u003cli class=\"ace-line old-record-id-doxlgwd93TRAT1z84I4baekqiNd ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e49f13eb02b14f58dd06cf81f1274d172\"\u003e\u003cdiv\u003e\u003cstrong\u003eInadequacy of Processing Power\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgAJ0N4GI1zpix23ivA8Yvng\" style=\"text-indent: 2em;\"\u003eThe ramp up of the trading platform may be accompanied by sharp increases in transaction numbers and demand for processing power. If the demand for processing power outgrows that forecasted, the network of the trading platform could be destabilized and/or stagnated. This may create opportunities for fraudulent activities including but not limited to false or unauthorized transactions (such as \"double-spending\") to arise. All these may adversely impact the usability, stability and security of the trading platform.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg4SrmCN8Zd4A2I4whsqGZte\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgLhFo3fnKXeqKKliQ6YQeCb\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgidrG5KWGsLBYSXa5Aiwbud wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"32\"\u003e\u003cli class=\"ace-line old-record-id-doxlgMhn27NXft2C3dlPIsPUYz1 ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e93d7abda4b6862c5b53df808547f543d\"\u003e\u003cdiv\u003e\u003cstrong\u003eUnauthorized Claim of Digital Assets\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgEVsaLjZlD4otpxUkyPXiAb\" style=\"text-indent: 2em;\"\u003eDigital Assets can be claimed in bad faith by any person who successfully gains access to the wallet, email or the investor's accounts they have registered with us. This can be as a result of deciphering or cracking the user's password, phishing scams and/or other hacking techniques. Subsequently, these Digital Assets may be sent to anyone and such remittance is not revocable or reversible. It is recommended that all investors should take appropriate security measures to safeguard their wallet, email and accounts. Investors are responsible for the security of their wallet, email and account on the trading platform at all times.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlg9HyUd5No8LwzGJnNkfTqqg wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"33\"\u003e\u003cli class=\"ace-line old-record-id-doxlgcupevkcvfwjYR28nMerT9c ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ed2f13a6b43867ba78399a8507b3a7815\"\u003e\u003cdiv\u003e\u003cstrong\u003eRisk relating to unavailability of blockchain networks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgLqJyDOg1oeajy9HvGOxPOd\" style=\"text-indent: 2em;\"\u003eBlockchain networks may also go offline as a result of bugs, Forks, or other unforeseeable circumstances. Further, unlike securities prices of traditional exchanges, the prices of Digital Assets change continuously throughout the day. Outages are not uncommon, and investors may not be able to execute a trade on Digital Assets or liquidate a position when the market price of Digital Assets continues to change.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line old-record-id-doxlgFoAvuulBTWStBkHah3u4Dh\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlgj33gHCjpq1b6EAP8rrC48e wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"34\"\u003e\u003cli class=\"ace-line old-record-id-doxlgZbiX4Bd4qpalnO13qG9kYd ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ec70a1123bf1a458fe6a2c836390b2534\"\u003e\u003cdiv\u003e\u003cstrong\u003eForking and Attacks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgVsHRZWEunCy2QqfdZcPQnc\" style=\"text-indent: 2em;\"\u003eMany cryptographic tokens are developed on the Ethereum blockchain, which is an open source protocol. Once released to the open source community, anyone may develop a patch or upgrade for the source code of Ethereum without prior permission by anyone else. The acceptance of patches or upgrades by a significant, but not necessarily overwhelming percentage of the Ethereum holders could result in a \"fork\" in the Ethereum blockchain.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgxzeCkQUqHogWZn1w6b9Ezg\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg8iW0oysvocVLaJjjUtnjTg\" style=\"text-indent: 2em;\"\u003eThe temporary or permanent existence of forked blockchains could adversely impact the operation of the trading platform. Such a fork can undermine the sustainability of the trading platform ecosystem, and may destroy or frustrate the trading platform. While a fork in the blockchain could possibly be rectified by community-led efforts to re-merge the two separate branches, success is not guaranteed and could take an undetermined amount of time to achieve.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg0XdfCtKymkHroQiYrNQ1cd\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgDbezHqVovYhbEjicBXmAHf\" style=\"text-indent: 2em;\"\u003eDigital Assets may also be subject to attacks on the security, integrity or operation of the networks, including Network Events. Such foregoing events (including a Fork) may affect the features, function, operation, use or other properties of any Digital Assets, network or platform.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgCnPiRxK7a896KAyyWbujVf\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgV4gqKzweUcOo2jfSDlenfh\" style=\"text-indent: 2em;\"\u003eThe events may also severely impact the price or value, function and/or the name of any Digital Assets, or even result in the shutdown of the network or platform associated with the Digital Assets. Such events may be beyond the control of HBML, or to the extent HBML has any ability to impact such event, HBML’s decision or actions may not be in your best interests.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgacJGea1HFraEFSru3sxeoc\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlg9sWRjaPFspGiabWlW7EVJf wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"35\"\u003e\u003cli class=\"ace-line old-record-id-doxlgg3biKHnOMtNo08ogHoP3xx ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e617e5a7f19ea962defb4e2a2191be602\"\u003e\u003cdiv\u003e\u003cstrong\u003eReliance on the Internet and Other and Technology-related Risks\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgLdtPhSFAkeh2vKABOSigFj\" style=\"text-indent: 2em;\"\u003eDigital Asset transactions rely heavily on the internet and other technologies. However, the public nature of the internet means that either parts of the internet or the entire internet may be unreliable or unavailable at any given time. Further, interruption, delay, corruption or loss of data, the loss of confidentiality in the transmission of data, or the transmission of malware may occur when transmitting data via the internet and/or other technologies. The result of the above may be that your Digital Asset transaction is not executed according to your Instructions, at the desired time, or not at all.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line old-record-id-doxlg2ZsW5pfKppZWsSYdUPRRHd\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgNoUs1MqlrD2EyjIFOTWdsd\" style=\"text-indent: 2em;\"\u003eThe nature of Digital Assets also means that any technological difficulties experienced by the HashKey Exchange may prevent investors from accessing their Digital Assets.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgnlKmm8wGwKrevu9D6GjUgg\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgWDWw5X0ppPowMJIgm8VjCX\" style=\"text-indent: 2em;\"\u003eNo authentication, verification or computer security technology is completely secure or safe.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgqEcZFDankoKvnzEKolbTpd\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgrCQU9TK7dqBZm7UQymzMgc\" style=\"text-indent: 2em;\"\u003eThe internet or other electronic media (including without limitation electronic devices, services of third-party telecom service providers such as mobile phones or other handheld trading devices) are an inherently unreliable form of communication, and such unreliability may be beyond HBML’s control.\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgZJLdV2OCfb8WrSHTSu3Zuf\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlgDWmKbrWrO2Cyq1ekT6n6gz wysiwyg-text-align-justify\" style=\"text-indent: 2em; white-space: pre;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003eAny information (including any document) transmitted, or communication or transactions made, \u003cbr\u003eover the internet or through other electronic media (including electronic devices, services of third party\u003c/div\u003e\n\u003cdiv\u003etelecommunication service providers such as mobile phones or other handheld trading devices or\u003c/div\u003e\n\u003cdiv\u003einteractive voice response systems) may be subject to interruption, transmission blackout, delayed\u003c/div\u003e\n\u003cdiv\u003etransmission due to data volume, internet traffic, market volatility or incorrect data transmission\u003c/div\u003e\n\u003cdiv\u003e(including incorrect price quotation) or stoppage of price data feed due to the public nature of the\u003c/div\u003e\n\u003cdiv\u003einternet or other electronic media.\u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"36\"\u003e\u003cli class=\"ace-line old-record-id-doxlgXoHMXyszO8clB9ANolpNTc\" data-list=\"number\" data-list-item-id=\"e278f5dbd9700b33df6c138372f75567a\"\u003e\n\u003cp\u003e \u003c/p\u003e\n\u003cdiv\u003e\u003cstrong\u003ePast Performance \u003c/strong\u003e\u003c/div\u003e\n\u003cp\u003e \u003c/p\u003e\n\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgxziaagFE8FubIe5VBo21ce\" style=\"text-indent: 2em;\"\u003eYou acknowledge and agree that the past performance of any Services or Product is not an indication of future performance. In providing the Services and Products, HBML does not guarantee the performance of any Services or Product and does not provide any financial or legal advice to you. You are solely responsible for determining the suitability of the Services or Product for you.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent old-record-id-doxlgZjh7l5McuRqDQzgISNttfg wysiwyg-text-align-justify\" style=\"text-indent: 2em;\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"37\"\u003e\u003cli class=\"ace-line old-record-id-doxlgK5zFQxaIh7TyQ5P1oX6UOe ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e66727ceabbb58567d81787a462dfe3f9\"\u003e\u003cdiv\u003e\u003cstrong\u003eTransactions Deemed Executed Only when Recorded or Confirmed\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlghNDYP2EPbRSA30Gnh08FMg\" style=\"text-indent: 2em;\"\u003eSome Digital Asset transactions may be deemed to be executed only when recorded and confirmed by HashKey Exchange, which may not necessarily be the time at which an investor initiates the transaction.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgf6bCBdAG3EFipExMfy2cKd wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"38\"\u003e\n\u003cli class=\"ace-line old-record-id-doxlgo43Ko9TKDbujvyNZ0oBT6f\" style=\"white-space: pre;\" data-list=\"number\" data-list-item-id=\"e9eb5c9d856e58f6bb1e5fc047cb4a6f2\"\u003e\n\u003cp\u003e \u003c/p\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eRisks Relating to Timing \u003c/strong\u003e A Digital Asset transaction is binding upon completion of the steps described\u003cbr\u003ein the Investor Business Terms. Following this, the Digital Asset transaction will not be reversed. There is\u003cbr\u003ea risk that the final binding Digital Asset transaction does not occur at the same time as Instructions are \u003cbr\u003eprovided. You may suffer loss due to the fact that a Digital Asset transaction is not carried out at the desired\u003cbr\u003etime.\u003c/div\u003e\n\u003cp\u003e \u003c/p\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line old-record-id-doxlgHP4h2R3Rxs4sKQT4tbtBEc\" style=\"white-space: pre;\" data-list=\"number\" data-list-item-id=\"ebe332019cf3cc871129706c3f656ad16\"\u003e\n\u003cp\u003e \u003c/p\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eUnauthorised Access \u003c/strong\u003e Unauthorised third parties may access or use your Account and effect Digital Asset\u003cbr\u003etransactions without your knowledge or authorisation, whether by obtaining control over another device or\u003cbr\u003eaccount used by you, or by other methods.\u003c/div\u003e\n\u003cp\u003e \u003c/p\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgt6juJrnR0Q9ZltJghULtbb wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"40\"\u003e\u003cli class=\"ace-line old-record-id-doxlgQbaj4ptDvW56lccg3JUFbc ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"e2648a03b992bfbb011095e4025a78fa2\"\u003e\u003cdiv\u003e\u003cstrong\u003eIrreversible Transactions\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg08XCrMW0DPNs7QwiUSiqRN\" style=\"text-indent: 2em;\"\u003eTransactions in Digital Assets may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. Investors should note that once a transaction has been verified and recorded on a blockchain, loss or stolen Digital Assets generally will not be reversible. This means accidental or fraudulent transactions in respect of Digital Assets may not be recoverable.\u003c/div\u003e\n\u003cdiv class=\"ace-line old-record-id-doxlgnOgW21I1IX2BusWT4mhFJh wysiwyg-text-align-justify\"\u003e\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\u003col class=\"list-number1\" start=\"41\"\u003e\u003cli class=\"ace-line old-record-id-doxlgbKxaWjT2X9hYuuhzENGhNN ck-list-marker-bold\" data-list=\"number\" data-list-item-id=\"ea5fc01b4cb7b596b4f22d52554be9c81\"\u003e\u003cdiv\u003e\u003cstrong\u003eOther Important Notes\u003c/strong\u003e\u003c/div\u003e\u003c/li\u003e\u003c/ol\u003e\u003c/div\u003e\n\u003c/div\u003e\u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlg2EtpjUb68gZX6FWCEvk2nf\" style=\"text-indent: 2em;\"\u003eIn addition to the above, investors should also note:\u003c/div\u003e\n\u003col class=\"list-number1\"\u003e\n\u003cli class=\"ace-line old-record-id-doxlgAqYM1svnMn2WmfM08RZVsd\" data-list=\"number\" data-list-item-id=\"e4d13428713c94d2096e06d4b01c41adb\"\u003e\u003cdiv class=\"wysiwyg-text-align-justify\"\u003ethe continuing evolution of Digital Assets and how this may be affected by global regulatory developments. The polymorphous and evolving features of Digital Assets mean that they may be, or claim to be, a means of payment, may confer a right to present or future earnings or enable a token holder to access a product or service, or a combination of any of these functions. Although Digital Assets are becoming more popular in some parts of the world, the global regulatory landscape remains uneven. There may be inconsistent and inadequate regulation or other legal, trade, fiscal, monetary and exchange control programs and political changes that may negatively impact the value of Digital Assets;\u003c/div\u003e\u003c/li\u003e\n\u003cli class=\"ace-line old-record-id-doxlgWjQWy6BnZpu7Aj7bmQzqjg\" data-list=\"number\" data-list-item-id=\"e02abbb0851b5aafbfb0d7c27c9b9b0e5\"\u003e\u003cdiv class=\"wysiwyg-text-align-justify\"\u003emost trading, lending or other dealing platforms, custodians of Digital Assets or other Digital Asset service providers are private companies which may be unregulated or only subject to light-touch regulation (e.g. for payment purposes). As such, they may not be subject to the same robust regulation and transparent rules as service providers or products in traditional financial markets, posing additional counterparty risks for Digital Asset related products, and may be exposed to market manipulative and abusive activities. In particular, the offering documents or product information relating to Digital Asset related products provided by the relevant issuer may not be subject to regulatory approval. Legal and regulatory changes beyond the control of the Digital Asset service providers may restrict or otherwise impact the trade of Digital Assets;\u003c/div\u003e\u003c/li\u003e\n\u003cli class=\"ace-line old-record-id-doxlgC1bF1WYd67J9OZPrBJHMhh\" data-list=\"number\" data-list-item-id=\"ed39519d3a00cd1d81d79570ddfa0c5d1\"\u003e\u003cdiv class=\"wysiwyg-text-align-justify\"\u003ecounterparty risks when effecting transactions with issuers, private buyers and sellers or through trading, lending or other dealing platforms. There is a risk that these counterparties may become insolvent;\u003c/div\u003e\u003c/li\u003e\n\u003cli class=\"ace-line old-record-id-doxlgn2cNXD38XiQIMLDtOQ6URf\" data-list=\"number\" data-list-item-id=\"e9e16569d267f4bc858e5174fda539291\"\u003e\u003cdiv class=\"wysiwyg-text-align-justify\"\u003erisk of the loss of Digital Assets, especially if held in hot wallets (i.e. online environments which provide an interface with the internet). These can be prone to hacking. Cyber-attacks resulting in the hacking of Digital Asset trading platforms and theft of Digital Assets are common. The holders of the Digital Assets may not recover any of their Digital Assets, and may have difficulty recovering losses from hackers or trading platform operators.;\u003c/div\u003e\u003c/li\u003e\n\u003cli class=\"ace-line old-record-id-doxlglTrvt7TBzd14CH6gQiCc5d\" data-list=\"number\" data-list-item-id=\"e10a60feae3ea02746f2bfdd8d3fd45ab\"\u003e\u003cdiv class=\"wysiwyg-text-align-justify\"\u003enew risks which may arise from investing in new types of Digital Assets or market participants’ engagement in more complex transaction strategies. Digital Assets and the digital industry are therefore subject to substantial speculative interest, rapid price swings and uncertainty. In addition, Digital Assets operate without central authority (such as a bank) and are generally not backed by government. The slowing, stopping or reversing of the development or acceptance of a particular Digital Asset may adversely affect the Digital Asset’s price; and\u003c/div\u003e\u003c/li\u003e\n\u003cli class=\"ace-line old-record-id-doxlgSErirufEaaY0SYn2rc2PNh\" data-list=\"number\" data-list-item-id=\"e29c035a3688908ce585fdf5223f110ad\"\u003e\u003cdiv class=\"wysiwyg-text-align-justify\"\u003ewe, or an applicable regulatory authority, may reasonably determine additional disclosures related to trading in Digital Assets to be necessary for the protection of clients from time to time. The most recent risk disclosures provided by us will apply to your investment, and you are responsible for reviewing any updated disclosures.\u003c/div\u003e\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line old-record-id-doxlgZJDiZj83v2E8pkUkGPKzTb\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line text-indent old-record-id-doxlgjLW6pLhvnTAY1mKUm1ynYg\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line old-record-id-doxlgdws05QmERHE6ieuTxf2qLg\"\u003e \u003c/div\u003e\n\u003cdiv class=\"wysiwyg-text-align-justify ace-line old-record-id-doxlgSQAIhjhJBUhw3JH7aI1Oxb\"\u003e \u003c/div\u003e\n\u003c/div\u003e","snippet":"internet), which can be prone to \u003cem\u003ehacking\u003c/em\u003e or cyber-attacks. Cyber-attacks resulting in the \u003cem\u003ehacking\u003c/em\u003e of Digital Asset trading platforms","result_type":"article"},{"id":14310302304284,"url":"https://hashkeygroup4435.zendesk.com/api/v2/help_center/en-us/articles/14310302304284.json","html_url":"https://help.hashkey.com/hc/en-us/articles/14310302304284-HashKey-Global-Token-Management-Rules","author_id":12929459073820,"comments_disabled":false,"draft":false,"promoted":false,"position":0,"vote_sum":50,"vote_count":56,"upvote_count":53,"downvote_count":3,"section_id":18574283503644,"created_at":"2024-06-05T04:24:52Z","updated_at":"2026-07-18T05:15:18Z","name":"HashKey Global Token Management Rules","title":"HashKey Global Token Management Rules","source_locale":"zh-cn","locale":"en-us","outdated":false,"outdated_locales":[],"edited_at":"2024-06-05T04:40:44Z","user_segment_id":null,"permission_group_id":12948068493212,"content_tag_ids":[],"label_names":[],"body":"\u003cdiv data-page-id=\"EgSedPxPxo7SbdxNWqNlXV4Wgbf\" data-docx-has-block-data=\"false\"\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-TojPd4bMqonpR6xZJGrliob1gSe\"\u003e\u003cstrong\u003ePreamble\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HxyLduTJCoiLMVxQoO1leVw0gIe\" style=\"white-space: pre;\"\u003e\n\u003cstrong\u003eObjectives. \u003c/strong\u003eThe HashKey Global Token Management Rules (these “\u003cstrong\u003eRules\u003c/strong\u003e”) are developed in order to foster the sustainable\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HxyLduTJCoiLMVxQoO1leVw0gIe\" style=\"white-space: pre;\"\u003edevelopment of the HashKey Global platform, safeguard the rights and interests of trading participants, and offer guidance\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HxyLduTJCoiLMVxQoO1leVw0gIe\" style=\"white-space: pre;\"\u003eon the rights and obligations of Project Teams.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-VsHvdub4Loh2hIxuXNNl7zRUgAd\" style=\"white-space: pre;\"\u003e\n\u003cstrong\u003eDefinitions.\u003c/strong\u003e Unless otherwise expressly provided, the following terms in these Rules shall have the meanings as specified:\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-VsHvdub4Loh2hIxuXNNl7zRUgAd\" style=\"white-space: pre;\"\u003e(1) “\u003cstrong\u003eExchange Rules\u003c/strong\u003e”: shall refer to the HashKey Global - Exchange Rules and any rules (including but not limited to these Rules)\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-VsHvdub4Loh2hIxuXNNl7zRUgAd\" style=\"white-space: pre;\"\u003ein relation to any token offerings or trading which HashKey Global may implement and publicize on its website from time to time.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-WnF1dMSwIorOk2xTOcdl9V3hgXC\"\u003e(2) “\u003cstrong\u003eHashKey Global\u003c/strong\u003e”: shall refer to the virtual asset trading platform branded “HashKey Global” which is operated by HashKey Bermuda Limited.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-DSJadgvSpo0sFXxYstXl2z7Kg9g\" style=\"white-space: pre;\"\u003e(3) “\u003cstrong\u003eProject\u003c/strong\u003e”: shall refer to the underlying project, assets, or business that the Token is designed to represent or support .\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-DSJadgvSpo0sFXxYstXl2z7Kg9g\" style=\"white-space: pre;\"\u003e(4) “\u003cstrong\u003eProject Team\u003c/strong\u003e”: shall refer to any entity responsible for the issuance, development or operation of the Token Project, i.e., the\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-DSJadgvSpo0sFXxYstXl2z7Kg9g\" style=\"white-space: pre;\"\u003elegal entity, team, natural person or beneficial owner of the Token listed or to be listed on HashKey Global, or the representative\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-DSJadgvSpo0sFXxYstXl2z7Kg9g\" style=\"white-space: pre;\"\u003ewilling to take responsibility for a community-based decentralized Token without a recognized Project Team.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-DSJadgvSpo0sFXxYstXl2z7Kg9g\" style=\"white-space: pre;\"\u003e(5) “\u003cstrong\u003eToken\u003c/strong\u003e”: shall refer to the cryptographic digital proof of interest traded on HashKey Global, including digital assets that represent\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-DSJadgvSpo0sFXxYstXl2z7Kg9g\" style=\"white-space: pre;\"\u003eownership, utility, or other rights within a blockchain or decentralized network.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-DSJadgvSpo0sFXxYstXl2z7Kg9g\" style=\"white-space: pre;\"\u003e(6) “\u003cstrong\u003eMonitoring Tag\u003c/strong\u003e”: Tokens with Monitoring Tags exhibit notably higher volatility and risks compared to other listed tokens.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-DSJadgvSpo0sFXxYstXl2z7Kg9g\" style=\"white-space: pre;\"\u003eThese tokens are closely monitored by the platform. These tokens are at risk of no longer meeting our listing criteria and being\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-DSJadgvSpo0sFXxYstXl2z7Kg9g\" style=\"white-space: pre;\"\u003esuspended from trading or delisted from the platform.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-LR2XdXgvkoOBFbxJ7Y5lMhdGgKd\"\u003e\u003cstrong\u003eChapter I General Provisions\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CiOWdQ3hboV7vXxgEDylD5WfgOn\"\u003e\n\u003cstrong\u003eArticle 1\u003c/strong\u003e \u003cstrong\u003eGeneral Requirements.\u003c/strong\u003e To allow HashKey Global to perform due diligence on the Project and the Token, set out below is a non-exhaustive list of general requirements and information which a Project Team shall provide to HashKey Global before its Token may be approved to be listed on HashKey Global for trading:\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-UU0WdJDHPov2nDx0KbplgsLNgKd\"\u003e(1) background of management, development team, and any of its known key members;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-TaYNdCb5HoXOBFxL8kwlo2KdgBb\"\u003e(2) regulatory status of the Token in major jurisdictions;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-W3VjdES5FoT18pxyt4Ylc4eSgke\"\u003e(3) supply, demand, maturity and liquidity of the Token;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-AjXzdqzNMoNt3WxR9NCl7PAzgtf\"\u003e(4) technical aspects of the Token;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-GKwKdsUa7oTYpdx9FGSlIOobgDb\"\u003e(5) development of the Token;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-WjaadZb1WoS5n0xUoDOl5bccgRV\"\u003e(6) market and governance risks of the Token;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-U0pTdeDc4o8RmIxARmilH1fTgCe\"\u003e(7) legal risks associated with the Token;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-MqoNdjh1Po0kX7x0OyAle7rZgRd\"\u003e(8) utility offered, novel use cases facilitated, technical structural or cryptoeconomic innovation, or administrative control exhibited by the Token and supporting information on viability of the Project not dependent on continuous inflow into the Token;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-OI7ndCEw3oIxb6xfLazlYrR0gze\"\u003e(9) enforceability of any rights extrinsic to the Token (for example, rights to any underlying assets) and the potential impact of the Token’s trading activity on the underlying markets; and\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-JAG9dcMCwo7qP8xO7EtlwfxAgJe\"\u003e(10) assessment on the money laundering and terrorist financing risks associated with the Token.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-E4Y1d3TV1o1p1Bx8JJ6lDZOygwC\"\u003eThe Project Team shall comply with all Exchange Rules, policies and procedures that apply to the Project, the Project Team and the Token in effect or as amended from time to time, and any conditions attached to a listing which HashKey Global considers appropriate at its sole discretion.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-XjibdGfJGo9pMHxWzM4lw1cSgFb\"\u003eHashKey Global may attach to a listing any conditions that it considers appropriate, and vary or revoke the condition(s) when deemed necessary upon listing or at any time the Token is listed on HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-EdsAdN98Do2YazxSbFJl95aggmc\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-Oj4BdhhQpoEoMYx9IXblLtAlgdN\"\u003e\n\u003cstrong\u003eArticle 2 Non-security. \u003c/strong\u003eThe Token shall not be a security token and will not become a security token unless with the prior written consent of HashKey Global. The Project Team is responsible for maintaining the non-security status of the Token and will not make any changes that could cause the Token to be classified as a security. HashKey Global reserves the right to delist the Token upon any change in the non-security status of the Token at its sole discretion.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-NTg0d9ycCo7X0wxIdvVly371gVe\" style=\"white-space: pre;\"\u003e\n\u003cstrong\u003eChapter II Information Disclosure\u003c/strong\u003e \u003cstrong\u003eArticle 3\u003c/strong\u003e \u003cstrong\u003eInformation Disclosure Obligations.\u003c/strong\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-NTg0d9ycCo7X0wxIdvVly371gVe\" style=\"white-space: pre;\"\u003eThe Project Team shall disclose all information that may have a material impact on the Token, market activity\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-NTg0d9ycCo7X0wxIdvVly371gVe\" style=\"white-space: pre;\"\u003eof the Token or the Project Team in a timely and transparent manner, and ensure that all the information\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-NTg0d9ycCo7X0wxIdvVly371gVe\" style=\"white-space: pre;\"\u003edisclosed are true, accurate and complete, not deceptive or misleading, and does not omit any material facts or considerations.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 4 Forms of Information Disclosure.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eFrom the date of publication of these Rules, the Project Team shall make regular and ad-hoc disclosures available\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003epromptly on its official website. The information disclosed shall include, but not be limited to, the progress of code\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eupdates, market activities, institutional investment, community development, regulatory action and any other important\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003easpects of information.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 5 Ad-Hoc Disclosures.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eAn ad-hoc disclosure refers to the disclosure that shall be made by a Project Team\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ein addition to the regular disclosure in the event of any special incidents occurring. All such incidents shall be disclosed\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eand HashKey Global shall be notified in writing within twenty-four (24) hours of such occurrence. The special incidents\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eherein provided include, but are not limited to, change or loss of contact of core team members, major technical incidents,\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003echanges in the direction of product and technical development, major legal risks involving the core team, significant\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003enegative news or public opinions, and any other incidents that may have a significant impact on or could reasonably\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ebe expected to cause the fluctuations on the price of the Token (including the unlocking and the buyback of a locked Token).\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eThe content of an ad-hoc disclosure shall include, but not be limited to, the reasons for the occurrence, the process,\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ethe basic facts, and the results of the incident.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 6 Exceptions to Information Disclosure.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eIf the information to be disclosed by the Project Team involves any state secrets or if the disclosure may have conflict with\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003epublic interests, such information may be withheld with HashKey Global's consent.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\n\u003cstrong\u003eChapter III Inquiry and Review\u003c/strong\u003e \u003cstrong\u003eArticle 7 Inquiries and Responses.\u003c/strong\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eHashKey Global shall have the right to inquire to the Project Team about the Token and/or the Project from time to time.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eThe Project Team shall actively cooperate with and respond to the inquiries within twenty-four (24) hours.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 8 Forms of Inquires.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eHashKey Global may make an inquiry to a Project Team by contacting: (1) the official email address provided by the Project Team;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e(2) the phone number provided by the Project Team; or (3) the instant messaging application accounts provided by the Project\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eTeam, such as via Telegram.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 9 Content of Inquires.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eThe content of an inquiry may include, but not be limited to, the fulfillment of the commitments made in the whitepaper\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eor on the official website, the employment and Token holdings of core team members, the progress of the product and\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003etechnical development, and other factors that may have a significant impact on or could reasonably be expected to cause\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ethe fluctuations on the price of the Token (including the unlocking and the buyback of a locked Token).\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 10 Results of Inquiries.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eHashKey Global may at its sole discretion, determine whether a Project Team has violated these Rules based on the factors\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003esuch as whether the Project Team has cooperated with the inquiries, the level of cooperation, and the content of the responses.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eHashKey Global may take relevant actions to deal with the violations in accordance with the procedures set forth in \u003cstrong\u003eChapter IV\u003c/strong\u003e.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eThe actions may be notified to the Project Team or the users through the means specified in \u003cstrong\u003eArticle 8\u003c/strong\u003e or through an announcement.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 11 Routine Reviews.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eHashKey Global shall have the right to conduct regular or ad-hoc reviews of the Project and the Project Team, for the following\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ecircumstances: (1) significant aspects of whitepaper commitments; (2) security reviews of the code; (3) other factors that may\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ehave impact on or could reasonably be expected to cause the fluctuations on the price of the Token, such as changes of positions\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eheld by the Project Team or other major Token holders, and the fulfillment of the commitment to lock the Token; (4) changes\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ein core team members; or (5) any other aspects considered necessary to be reviewed at HashKey Global’s discretion, including\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ebut not limited for purposes of risk management, corporate governance, internal controls and compliance with laws and regulations\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e. \u003cstrong\u003eArticle 12 Special Reviews.\u003c/strong\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eHashKey Global may initiate a special review if: (1) the Project Team is reported by the users or is revealed by the news media to\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ebe involved in the circumstances specified in \u003cstrong\u003eArticle 11\u003c/strong\u003e, and the Project Team has not made any response to such report or revelation,\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eor the response is not sufficient to disprove such involvement of the circumstances specified thereof; (2) significant risk is identified\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ein a routine review, or (3) any other circumstances that HashKey Global may deem necessary to initiate a special review at its discretion,\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eincluding but not limited for purposes of risk management, corporate governance, internal controls and compliance with laws and regulations.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 13 On-Site Investigations.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eHashKey Global may visit and supervise the Project Team and conduct on-site investigations on a regular or ad-hoc basis according\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eto actual needs (consent from the Project Team not to be unreasonably withheld). The Project Team shall actively cooperate with\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eHashKey Global’s on-site investigation. The content of the investigation may include, but not be limited to, those specified in \u003cstrong\u003eArticle 9\u003c/strong\u003e.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eIf the Project Team refuses to, intentionally obstructs or otherwise fails to cooperate with HashKey Global's investigation, HashKey Global\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003emay decide to take relevant actions against the Project team in accordance with these Rules at its sole discretion, including but not limited\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eto the delisting of the Token from HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 14 Cooperative Obligations of the Project Team.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eThe Project Team is obliged to actively cooperate with HashKey Global for routine and special reviews. The Project Team shall also actively\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003erespond to or rectify the related issues reported from the users, the inquiries raised from the news media, and the risk notices addressed\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003efrom relevant regulatory authorities. HashKey Global may take relevant actions against the Project Team in accordance with these Rules in\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ethe event that the Project Team fails to fulfill the cooperative obligations herein. Such actions may be notified through the means specified\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003ein \u003cstrong\u003eArticle 8\u003c/strong\u003e or through an announcement.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\n\u003cstrong\u003eChapter IV Handling of Violations\u003c/strong\u003e \u003cstrong\u003eArticle 15 Implementations of Monitoring Tag Warnings.\u003c/strong\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eHashKey Global shall have the right to, at its sole discretion, implement a Monitoring Tag warning on a Token according to the risk associated\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eand severity of a violation of the Exchange Rules and place a “Monitoring Tag” on the relevant trading pairs to alert the users of the risk of\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003etrading such Token.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003e\u003cstrong\u003e15.1 Trigger Events of Monitoring Tag Warnings.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eThe Monitoring Tag warnings will be triggered if any of the following events are identified, present or occur from the Project, the Project\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-YsdCd3Elxo1BIBxkgmcl4KSLgzb\" style=\"white-space: pre;\"\u003eTeam or the Token (the “\u003cstrong\u003eTrigger Events\u003c/strong\u003e”):\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CrEhd7u0boqefRxHMO0lRe6rgLd\" style=\"white-space: pre;\"\u003e(1) the Project Team fails to update or disclose information about the Project or the Token, including but not limited to, the Project Team’s\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CrEhd7u0boqefRxHMO0lRe6rgLd\" style=\"white-space: pre;\"\u003eofficial website, whitepaper, and ad-hoc disclosure incidents set forth in \u003cstrong\u003eArticle 5\u003c/strong\u003e; (2) the average daily transaction volume of any trading\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CrEhd7u0boqefRxHMO0lRe6rgLd\" style=\"white-space: pre;\"\u003epairs of the Token is less than USDT30,000 or other equivalent tokens for more than 30 consecutive days; (3) the Project has poor liquidity,\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CrEhd7u0boqefRxHMO0lRe6rgLd\" style=\"white-space: pre;\"\u003ei.e., the spread exceeds 2% for three consecutive days, fewer than 15 price tiers of orders are placed on either side of the market, the top 10%\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CrEhd7u0boqefRxHMO0lRe6rgLd\" style=\"white-space: pre;\"\u003ebid/ask market depth is worth less than USDT10,000 or other equivalent Tokens, or the price of the Project has been found to be manipulated\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CrEhd7u0boqefRxHMO0lRe6rgLd\" style=\"white-space: pre;\"\u003e(the price deviates from the market price by 10% or more); (4) any considerations as HashKey Global may, at its discretion, deem it necessary\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CrEhd7u0boqefRxHMO0lRe6rgLd\" style=\"white-space: pre;\"\u003eto place a Monitoring Tag upon a comprehensive assessment by means of inquiry, routine review, special review, on-site investigation, etc.;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CrEhd7u0boqefRxHMO0lRe6rgLd\" style=\"white-space: pre;\"\u003eor (5) any other circumstance arises that can be assessed as a serious violation at HashKey Global’s discretion, including but not limited for\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CrEhd7u0boqefRxHMO0lRe6rgLd\" style=\"white-space: pre;\"\u003epurposes of risk management, corporate governance, internal controls and compliance with laws and regulations.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-AWftd6KOpo4382xBHURlGmU1gcf\" style=\"white-space: pre;\"\u003e\u003cstrong\u003e15.2 Lifting of Monitoring Tag Warnings.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-AWftd6KOpo4382xBHURlGmU1gcf\" style=\"white-space: pre;\"\u003eHashKey Global shall have the right to lift the Monitoring Tag warning on a case-by-case basis if such Project Team have taken appropriate\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-AWftd6KOpo4382xBHURlGmU1gcf\" style=\"white-space: pre;\"\u003erectifications and the Project, the Project Team or the Token have been reviewed as no longer meeting any of the Trigger Events.,\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-AWftd6KOpo4382xBHURlGmU1gcf\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 16 Trading Suspension, and Token Delisting.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-AWftd6KOpo4382xBHURlGmU1gcf\" style=\"white-space: pre;\"\u003eHashKey Global shall have the right to, at its sole discretion, suspend the trading or delist the Token, according to the severity of the following\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-AWftd6KOpo4382xBHURlGmU1gcf\" style=\"white-space: pre;\"\u003ecircumstances:\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-JdoYdVClOodRVHxpBQwlFBsfgoc\"\u003e(1) the Monitoring Tag warning is not lifted within thirty (30) calendar days from the date of its implementation;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-G6aTdep3aoY85FxSsR9l3Xiqgsc\"\u003e(2) implementation of new regulatory standards and other compliance issues that, as determined by HashKey Global, requires the suspension of trading or delisting of the Token;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-SwildCMMIo5I8dxbrRnl0uqwgIf\"\u003e(3) the Project, the Project Team or the Token posed significant regulatory risks, including but not limited to, that the Token constitutes a “security” in a jurisdiction and HashKey Global is unable to and/or unwilling to prevent its users from that jurisdiction from holding and/or trading the Token;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CjvfdMPC6oOJTwxuVhrleILCg0d\"\u003e(4) blockchain or related technology becomes compromised or defective;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-E4p7dznP4oDpzkxrdbGlMqUFgwg\"\u003e(5) the Project or the Token is no longer supported or maintained by the Project Team or others;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-WzyUdIOtXoW7vvxZpbuldPMQgif\"\u003e(6) complaints or material allegations by users or other third parties, which are related to significant issues such as gross negligence, wilful misconduct or fraud;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-UItLdo5zDorsfwxOOaIl1YCgghe\"\u003e(7) the Project Team or any of its memebers conducts or is involved in any illegal activity(ies) within any jurisdiction(s), such as money laundering, fraud or pyramid selling;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-NqerdYj51ot0gXxkrGHlxAnJgfd\"\u003e(8) any threatened, pending or active legal proceeding or claim (whether civil, criminal, or administrative, formal or informal, or direct or indirect) against the Project Team;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-UsardacChoHUXtxNOuZlpCojgkg\"\u003e(9) the Project Team is suspected of manipulating the market and the circumstances are serious;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-GNrGdZIvLoXrkpx5zFclk0Mvgtc\"\u003e(10) the Project Team is unreachable within a specified period indicated to it;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HhDBdZqj7o6sAFxJAqmloV7Pgae\"\u003e(11) any changes to Project Team members which HashKey Global considers to have material adverse impact on the Project or the Token;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-AG0MdSFiOob4CIxEyVdlL70igSf\"\u003e(12) any core member of the Project Team has been found of significant fraud or deception, including but not limited to, misappropriation of the raised Tokens, unknown whereabouts of the Project development team, cease to support the Project technology, intentionally concealment of material facts of the Project, disclosure or creation of materially fraudulent, false or misleading information;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HPyhdAVIOohlYpxYtujl7eCJgNw\"\u003e(13) the dissolution of the Project development team or resignation of core team members without the consent of the Project community, resulting in the inability to continue development;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-Y4D3dOAA4oNpyTxFRDxl8w4ag6e\"\u003e(14) there is a lack of liquidity in the Token’s market over a time period to be determined as appropriate by HashKey Global;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-Pt4ldt0aLoFr0gxFvuTl9sobg0e\"\u003e(15) no order of the Token is recorded over a time period to be determined as appropriate by HashKey Global after initial listing;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-NgHodyA0OofKFdx5t3slSxGZgPb\"\u003e(16) the Project Team changes supply of the Token without giving prior notice to HashKey Global;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-UVgfdCMKbonPTZxJF7RlcdulgdW\"\u003e(17) the Project Team unlocks the Tokens without fulfilling the commitment made in the whitepaper or in other forms;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HjKBdn1m0oYLF0xqmhhlmMf0gOd\"\u003e(18) the Project Team conducts a hard fork, token migration, token split, token merge, and rebranding of the Token without giving prior notice to HashKey Global;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-WuMmd6seKo2ZOUxmbQalC3ZOgGc\"\u003e(19) the Project Team has caused significant losses to HashKey Global and/or users due to security issues in the main net or the contract, and the Project Team fails to reimburse HashKey Global for the losses and/or compensating its users for the losses that they suffer;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HwDOdTDFwo5UjjxuThOll4UvgWh\"\u003e(20) other risks and hazards exist in the Project or the Token, such as hacking, coins stealing, concealment of additional issuance, and double spend attack;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-PvfcdBVeroujnux357clePOugnb\"\u003e(21) the average daily transaction volume of any trading pairs of the Token is less than USDT10,000 or other equivalent tokens for more than 30 consecutive days;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-DSQLdNlRPoVcJXxEASWlVerIgmc\"\u003e(22) there is no immediate action taken or solution given by the Project Team in the event of any crisis, as deemed by HashKey Global, that is causing detrimental impact to HashKey Global, the HashKey Group generally and/or any trading participant, including but not limited to, discovery of inaccurate information, technical issues on the Token, security breach, etc.;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-NIchdLcrPo2AsfxBbZhlsHCWgId\"\u003e(23) the Project Team conducts any activity(ies) that damages the reputation of HashKey Global or the HashKey Group generally, and adversely affecting any trading participant’s interest;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-SSTndC1dPo112ix5mMclbkIIgmd\"\u003e(24) the Project develops close association with prohibited categories of business;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-CEnhddlsIopvuzxmUyqlUNgDgbh\"\u003e(25) the Project Team has materially breached the Listing Agreement entered into between Hashkey Global and the Project Team;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-SPySdw3eOo6NnsxyGNIlQkn4guc\"\u003e(26) the Project Team has materially breached the Exchange Rules and the breach cannot be or has not been cured within fourteen (14) days;\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-NssNdeFo9o8rAmxeEAOlNTFmgQf\"\u003e(27) any such circumstances as agreed between HashKey Global and the Project Team, including but not limited to, any circumstances specified in a Listing Agreement; or\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-NOgFdTyuZo6A4TxPeCMlcVYdgre\"\u003e(28) other circumstance(s) that, at the sole discretion of HashKey Global, is/are sufficient for removal of the Token from HashKey Global, including any circumstances which causes the Token to be no longer eligible or appropriate to continue to be listed.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-XjAhdmDTsoqqjxxpF3DlACNagff\"\u003eIn the case of trading suspension, the trading and deposit of the Token shall be suspended, but the users will be able to continue to hold a position of the Token. The Project Team is obliged to address all violations and ensure compliance with the Exchange Rules to HashKey Global’s satisfaction before the suspension can be lifted. HashKey Global reserves the right to delist the Token, provided that the trading of the Token has been continuously suspended for a prolonged time, or if any violations have not been or cannot be remedied, as determined by HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 17 Liquidation and Termination of Trading.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003eThe liquidation process shall be determined by HashKey\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003eGlobal on a case-by-case basis. In the case of delisting, liquidation process shall commence on the date the\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003edelisting decision is made. Upon completion of the liquidation process, trading of such liquidated Token will\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003ecease and the Token will be officially delisted. The termination of trading will be notified to the Project Team or\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003ethe users through the means specified in \u003cstrong\u003eArticle 8\u003c/strong\u003e or through an announcement on HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eArticle 18 Liability.\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003eThe Project Team shall be liable for any losses caused to HashKey Global, the users or any\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003eother third parties resulting from or by reason of any breach of these Rules.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003e\u003cstrong\u003eChapter V Supplementary Provisions\u003c/strong\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-FfOfd9FHqo6BPBxssTxl6rbbgtf\" style=\"white-space: pre;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003e\n\u003cstrong\u003eArticle 19 \u003c/strong\u003eSome Projects may have privileged roles that possess the authority to unilaterally perform administrative\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003eactions, such as modifying network functionality or seizing user funds, which, if misused, can pose a threat to the\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003esecure custody of customers' assets by HashKey Global. It is strongly recommended that Project Teams adhere to\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003ethe principle of \"least privilege”, whereby privileged roles should have narrow scopes limited to essential functionalities.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003eProject Teams are encouraged to renounce unnecessary privileges and, if unavoidable, to establish comprehensive\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003epolicies and procedures for quorum-based key management and usage, particularly for actions affecting balances\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003eof trading participants.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003e\n\u003cstrong\u003eArticle 20\u003c/strong\u003e In the event of any discrepancy between these Rules and any other rules or\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003eannouncements previously published by HashKey Global, these Rules shall prevail. In the event of any discrepancy\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003ebetween the English language version of these Rules and any translation of these Rules in a foreign language, the\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003erespective English version shall prevail.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003e\n\u003cstrong\u003eArticle 21\u003c/strong\u003e HashKey Global reserves the right to amend these Rules from time\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003eto time and the right of final interpretation. Such amendments shall take immediate effective upon being published\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003eon HashKey Global’s website. Project Teams and trading participants are responsible for referring to the latest Rules\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003eas uploaded on HashKey Global’s website.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003e\n\u003cstrong\u003eArticle 22\u003c/strong\u003e Project Teams are forbidden from disclosing any information in relation to the listing until HashKey Global\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-HOySdzpEuoTij2xJTuil0Mglgid\" style=\"white-space: pre;\"\u003e(or its affiliates) issues our listing announcement.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-ZKlZd4Rr0oWyadxhYIIlr07MgUe\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-TJ8gdudf6oqsgSxxLtllFHIqgve\"\u003e\n\u003cstrong\u003eArticle 23\u003c/strong\u003e These Rules shall take effect from the date of publication.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-J9EGdXPqLon8AWxn2dtlUTGNgef\"\u003e\u003cem\u003eDisclaimer: The analysis regarding the suitability of a Token for listing may change over time as digital assets, regulatory statements, and interpretations evolve. It is recommended that each Project Team consults with their own legal advisors to obtain legal guidance on these matters. HashKey Bermuda Limited and its affiliates, directors, officers, employees, agents, and attorneys do not provide legal advice or act as attorneys for any specific Project Team.\u003c/em\u003e\u003c/div\u003e\n\u003c/div\u003e","snippet":"risks and hazards exist in the Project or the Token, such as \u003cem\u003ehacking\u003c/em\u003e, coins stealing, concealment of additional issuance, and","result_type":"article"},{"id":13511072968604,"url":"https://hashkeygroup4435.zendesk.com/api/v2/help_center/en-us/articles/13511072968604.json","html_url":"https://help.hashkey.com/hc/en-us/articles/13511072968604-HashKey-Global-Exchange-Rules","author_id":12929459073820,"comments_disabled":false,"draft":false,"promoted":false,"position":0,"vote_sum":5,"vote_count":7,"upvote_count":6,"downvote_count":1,"section_id":18574276301852,"created_at":"2024-04-12T08:59:55Z","updated_at":"2026-09-09T09:33:34Z","name":"HashKey Global - Exchange Rules","title":"HashKey Global - Exchange Rules","source_locale":"en-us","locale":"en-us","outdated":false,"outdated_locales":[],"edited_at":"2025-02-20T02:45:18Z","user_segment_id":null,"permission_group_id":12948068493212,"content_tag_ids":[],"label_names":[],"body":"\u003cdiv data-page-id=\"SL3jdsjX3oHsKXxQKrhl77J1gic\" data-docx-has-block-data=\"false\"\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgsudbvQZ7MhUsvaLzRD59mf\" style=\"text-align: left;\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgvZ3WJRMr5PFG5AM0m3Y8pg\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgu8QT5dGvkAltQ3mVhPIsId\"\u003e \u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VH2NWZ9NBP714MKYC4\" class=\"heading-1 ace-line old-record-id-doxlgySqQmcOwZtMjWj71kY9WMc\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #d83931;\"\u003e\u003cstrong\u003eHashKey Global - Exchange Rules\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgUaGPAvAoj0jBXNzIuA0gcZ\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg9888fKeTGudfvB7395GQmC\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgFPz6tiAOrmPMBpnv2F2Jsb\" style=\"text-align: left;\"\u003e__________________________________________________________________________\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgzwKFxq0iel3KdBtQjAWkFg\" style=\"text-align: left;\"\u003eHashKey Bermuda Limited (“\u003cstrong\u003eHBML\u003c/strong\u003e” or “\u003cstrong\u003ewe\u003c/strong\u003e”) operates the HashKey Global. These HashKey Global - Exchange Rules (“\u003cstrong\u003eExchange Rules\u003c/strong\u003e”) is an important document governing your use of HashKey Global. Please ensure you read it carefully and familiarise yourself with these Exchange Rules prior to and during your trading on the HashKey Global. These Exchange Rules are subject to change at our discretion and you are reminded to check the latest version on our website from time to time. You are also required to read our Privacy Policy, and Client Risk Disclosures Statement which impose additional requirements to these Exchange Rules. By depositing funds and/or trading on the HashKey Global you acknowledge that you have read, fully understood and accepted the terms in the aforesaid documents. For the avoidance of doubt, in the event of any inconsistency between those documents and these Exchange Rules, these Exchange Rules will prevail.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlglncIaT3eafFdZCSNM81hxg\" style=\"text-align: left;\"\u003eIf you have any questions about these Exchange Rules, please contact us using the details below. In any event, we do not act as your advisors in any capacity and you should consult your independent professional advisors for any issues or questions you may have regarding entering into any contractual relationship with us.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgoOs0FNkWp1UMLFiVHJB7Fv\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg9QcPvDemlirPJZtE1MnexE\" style=\"text-align: left;\"\u003e____________________________________________________________________\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlglOdrAS0txTLTXePaeAsnFd\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgqSnGpVNgD0dEIz1c1zjtuc\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgZRUZmjednh65Rgh18wVAZb\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgODuTT0gntaMEspECdkXIr8\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgTvl6ytaw1yIc2MR4kza79e\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgZT9JfRl2WRhvNYoM67I98d\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgCBPaQ6v1Gq67xNUZEqbzLe\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgt7AOy7I1xotUehhd5z1YZd\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgr9qgj93WdIOZesRoXhWADd\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgPXtl0k6Xu0p3gNVP2sMpFe\"\u003e \u003c/div\u003e\n\u003cdiv class=\" old-record-id-doxlg0cYDw3EBgn9iwz8KRHvBod\" data-type=\"divider\"\u003e\u003chr\u003e\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VHGGDESPYXVC8P168V\" class=\"heading-1 ace-line old-record-id-doxlgDnLcNzX2ID6LNkAvsUNSTg\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #d83931;\"\u003e\u003cstrong\u003eTable of Contents\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg9y7S2r85upjuZGPgJ0p6Gb\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgS1DQ4bkr9kIw4nCE1a5Ush\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eHashKey Global - Exchange Rules\u003c/strong\u003e1\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg9LPvkG7z6zw6XQwlgRhTZb\" style=\"text-align: left;\"\u003ePart A – General6\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg2VFFecjXCtXBwPogM0IZHe\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 1 Interpretation\u003c/strong\u003e6\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgoBLj8FueH7NjHHYdBbxo2d\" style=\"text-align: left;\"\u003e1.1Definitions6\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlghWerFGBVlK3FsnGFsvODNf\" style=\"text-align: left;\"\u003e1.2Rules of Interpretation8\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgGV971IB9C8aDKJpF3OGk7g\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 2Introduction\u003c/strong\u003e9\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg7EFlHRd6uzu86HHx58lg8e\" style=\"text-align: left;\"\u003e2.1HashKey Global9\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg9xf9lh873J7d7T0AZUgGYe\" style=\"text-align: left;\"\u003e2.2Token Admission and Review Committee11\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgeGHjA5iHY2GuFraBvW3bOf\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 3About the Exchange Rules\u003c/strong\u003e12\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgT3LMm0udMKaZafSvI67rLc\" style=\"text-align: left;\"\u003e3.1Application12\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgWKDXdVL4O8p0ECTd8beaWd\" style=\"text-align: left;\"\u003e3.2Status12\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgIgTufSxyNDIckFRmhLoi8b\" style=\"text-align: left;\"\u003e3.3Procedure where none laid down12\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgreJKeeu4YLoPM1OcuHQwze\" style=\"text-align: left;\"\u003e3.4General provisions12\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgzGmNo5Xnynb3eJr17jEyQg\" style=\"text-align: left;\"\u003ePart B - Listing13\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgTj8U1qZExRobC5lAgNPtih\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 4Listing Criteria\u003c/strong\u003e13\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg5GvGVcqrnxtYTHfr0FAbqh\" style=\"text-align: left;\"\u003e4.1HBML Scope of Listing13\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgZCweuzV1UKIXxWJBKfvPse\" style=\"text-align: left;\"\u003e4.2General requirements13\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgg4OPP3AbvImr1mSTibO1ZB\" style=\"text-align: left;\"\u003e4.3Additional requirements for Large-cap Digital Assets14\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgKO3NEd9oiTFMSZfGwxaiwc\" style=\"text-align: left;\"\u003e4.4Specific requirements for Security Tokens14\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgR3mwTh2JwM1yTMeYlASXeb\" style=\"text-align: left;\"\u003e4.5Minimum requirements only14\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg2stu5Rv5ToTnTp8cnYzETe\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 5Listing Procedure\u003c/strong\u003e14\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgScCtrLlPUZK5DF2lxAnkMe\" style=\"text-align: left;\"\u003e5.1Application procedure14\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgpAFluHJAT7r3b0dnKkV5Xd\" style=\"text-align: left;\"\u003e5.2Documents and information required14\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgvB0mxTJyErpjEKzTCxJSkm\" style=\"text-align: left;\"\u003e5.3Interview and further information or document15\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgVDJVstTqWvWGBBpSb2jLzf\" style=\"text-align: left;\"\u003e5.4Due diligence15\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg1i6RQYwojOubcU9dA0LXQb\" style=\"text-align: left;\"\u003e5.5Declarations and undertakings15\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgKnCthGGM1UgXzmsEgtar9d\" style=\"text-align: left;\"\u003e5.6Listing conditions15\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgLZoJj9L232562J1wNXn1sd\" style=\"text-align: left;\"\u003e5.7Listing fees and costs15\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgjWuimpU0fmDLQ1vF07Uzlf\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 6Withdrawal of listing application\u003c/strong\u003e15\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgFC8ut8dpmo2mehcHL4GE0c\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 7Listing Document\u003c/strong\u003e16\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgisv1156kBsskCk8B05lUDc\" style=\"text-align: left;\"\u003e7.1Information in Listing Document16\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlga1gKjkuK5i4ocfm6n8FURf\" style=\"text-align: left;\"\u003e7.2Statements in Listing Document16\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg0vvrCakIInEQzegU0IOfUd\" style=\"text-align: left;\"\u003e7.3Approval for dissemination17\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgIe0wD5v8FPq2wOLy7MsWnf\" style=\"text-align: left;\"\u003e7.4Amendment and variation of Listing Document17\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg3zD12O18LwBAZKsTIK391e\" style=\"text-align: left;\"\u003e7.5Distribution of Listing Document17\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgjcy9SzGXXREBdnhd3zsJpe\" style=\"text-align: left;\"\u003ePart C – Continuing Obligations and Responsibilities of Issuers17\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgaZuB6hZeqWX5eY9UNq2ZHg\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 8Notification requirement\u003c/strong\u003e17\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg8oUa8YclscIYQDKQYA26zg\" style=\"text-align: left;\"\u003e8.1Issuer’s obligation to notify17\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg64X4SK0u4nHIVyZ4y7sZ3e\" style=\"text-align: left;\"\u003e8.2Disclosure to the market18\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgGU9qlKwKQxHpR2iR3EukRb\" style=\"text-align: left;\"\u003e8.3HBML’s rights to request information18\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgwSZ2OgVAYtCGRpFpGzjibg\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 9 Payment of fees\u003c/strong\u003e18\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgh7dHigDTBWxYzDAIjSMUxd\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 10Financial information\u003c/strong\u003e18\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgibOK8kXesu3BgzhF9CtuTh\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 11Maintenance of eligibility\u003c/strong\u003e18\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgC7uqHCUV10nyeoyHA3u7Ce\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 12Self-reporting\u003c/strong\u003e18\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgUx6t4LhXvm1FnVzkJqIoIO\" style=\"text-align: left;\"\u003ePart D – Removal of Digital Asset19\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg6JSpPy5oJFH4jmrkBY7Z5c\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 13HBML’s power to remove a Digital Asset from HashKey Global\u003c/strong\u003e19\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgqrjDnUeBFohQeYQudQAW0c\" style=\"text-align: left;\"\u003e13.1Relevant circumstances19\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgU0DiOWrRxRUKmoxBypKdOc\" style=\"text-align: left;\"\u003e13.2Removal of Digital Asset from HashKey Global Warning20\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgTONCaNo5lgRnPtOWgrf1ib\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 14Removal of Digital Asset from Platform request\u003c/strong\u003e20\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgde2IdJHI19uxxPyO8kAy8g\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 15Removal of Digital Asset from HashKey Global Notification\u003c/strong\u003e21\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgBrlenS8SaUoV9J0PfQuSvg\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 16Withdrawal of Client Money and Digital Assets upon removal\u003c/strong\u003e21\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgc4OG1bACeX1Uc5Gj3WKsxb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 17 Transfer of Listing\u003c/strong\u003e21\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgcRnWDZmmJRBjZU4Wj1COWh\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 18Relisting\u003c/strong\u003e21\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgCuRWxyEpOifFipAFwpbnNh\" style=\"text-align: left;\"\u003ePart E – Trading Participants21\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgVPpLIvf3dqe0AbTaUCZEvg\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 19Type of Trading Participants\u003c/strong\u003e21\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgleOFOspGC7AYhdrrmTtmdb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 20Eligibility\u003c/strong\u003e22\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgMOcjUMihzTdHv295LyYP6c\" style=\"text-align: left;\"\u003e20.1Individuals and institutions22\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgPbIWrq99uqQlrEjM8AX5kc\" style=\"text-align: left;\"\u003e20.2Other criteria22\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg9KAVSwE1k8K8vaFipB7Whb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 21Application procedure\u003c/strong\u003e22\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgKUMSfrTrcRdmsxo21feruI\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 22Document and information required\u003c/strong\u003e23\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgwULmsK8g1KQTMuYt5LgAHd\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 23Declaration, undertakings and deposit requirement\u003c/strong\u003e23\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgEAetw3ouEvKKhvzadE77Ma\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 24 HBML’s decision\u003c/strong\u003e24\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgyCRP5Idqi36iQiDohyYclf\" style=\"text-align: left;\"\u003e24.1Decision subject to receipt of all required information24\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgHtHJDu0MOQFgHqnfmmONdx\" style=\"text-align: left;\"\u003e24.2Approval conditions24\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgykuOimRDNQxfK5PzBAzvjK\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 25Change of Professional Investor status after registration\u003c/strong\u003e24\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgEPthd6B6sqsZSuvwArdAmd\" style=\"text-align: left;\"\u003ePart F – Account Opening and Trading Rules24\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgwn42DzEbtloWoptl204qfd\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 26Trading on HashKey Global\u003c/strong\u003e24\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgUzx5f6AHdt123zi7du4iTf\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 27List of assets traded\u003c/strong\u003e24\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg9FuSPSQZ9VDQd22fI2Jgmc\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 28Permitted investors only\u003c/strong\u003e25\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgJTS2M2LH4r3JDtvKLi3eTb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 29Pre-funded trades only\u003c/strong\u003e25\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgoLznt2JbLt4t27Gvfe2cCf\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 30Trading channels\u003c/strong\u003e25\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgJgeGpCQcSXU4zWRvqWx3ve\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 31Trading time\u003c/strong\u003e25\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg2nojZdC4W0sg8kTQgUCiab\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 32Limits and price limits of an order\u003c/strong\u003e25\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgfAIEs3phjz0euOJ551Wi1g\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 33Trading pairs\u003c/strong\u003e25\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg8yEtK5sOvfGRLGi79vbOAf\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 34Order types and Order time limit\u003c/strong\u003e25\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgTO9Ocv0SAWdfIjsuURwlTh\" style=\"text-align: left;\"\u003e34.1Type of Orders25\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgW23UaGh5M0n1ig123qoaVd\" style=\"text-align: left;\"\u003e34.2Order Time Limit26\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgiCnZf9rn1iZbIq9grqupqc\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 35Order execution methodology\u003c/strong\u003e26\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgxYdttrIxfoSPCk68ZvEpTe\" style=\"text-align: left;\"\u003e35.1Order Verification Rules26\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgrAzvewqP5us2hMosoiOtu2\" style=\"text-align: left;\"\u003e35.2Order Priority27\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg8qCPnDdy3IZXpyd02qFaAf\" style=\"text-align: left;\"\u003e35.3Execution of Order27\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgEDFgGiqr9mw1M5YdGpmCdb\" style=\"text-align: left;\"\u003e35.4Cancellation and amendment of Order28\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlglP9mIFYb0nRphr8gFHRrDe\" style=\"text-align: left;\"\u003e35.5Conflicts of Interest28\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgWg6ctuvKtZMw3AI4MtKWx0\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 36Depositing and withdrawing Client’s fiat currencies and Digital Assets\u003c/strong\u003e28\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgLnAqoSpD9GXkJlzemVjSRh\" style=\"text-align: left;\"\u003e36.1Deposit/Withdrawal Procedures28\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgWmYBXrrreXb24ZVcjCFN4b\" style=\"text-align: left;\"\u003e36.2General Rules for Deposit/Withdrawal28\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgVSmmli7n7Un6ulweJm2AEf\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 37Restricting, suspending, rejecting or cancelling Orders\u003c/strong\u003e29\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgTCtqRfq0rx7F8wNvfRz8zb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 38Clearing and settlement\u003c/strong\u003e29\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgynTH3jZZVEatPYtMaZZYp5\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 39Preferred banking partners\u003c/strong\u003e30\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgYLK5VNnpxMq3rwGAmN1Y6U\" style=\"text-align: left;\"\u003ePart G – Trading Halt, Suspension and Resumption of Trading30\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg2f1ORGCEttdoQsR9g6kbme\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 40Criteria and procedure of trading halt, suspension and resumption of trading\u003c/strong\u003e30\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgZcq16X97PhWNlkO8KXR4sd\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 41Notification of trading halt and suspension\u003c/strong\u003e30\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgxqIzuxeeOCGdwh92iQhnEc\" style=\"text-align: left;\"\u003ePart H – Custody of Digital Assets30\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgvj2RAjI2aO1myf3FBfO0Yb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 44Title to Digital Assets\u003c/strong\u003e31\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg0iNFO1VtvtQEg0ioe5ygSR\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 45Segregated accounts\u003c/strong\u003e31\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgRhWYUTvjW4AsVs1hXAJR5g\" style=\"text-align: left;\"\u003e45.1Digital Assets31\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgA2mG1OKmWIKsYqy6lmB96g\" style=\"text-align: left;\"\u003e45.2Client’s fiat currencies31\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgb8dKC7ZCKytJvztzE7chVg\" style=\"text-align: left;\"\u003ePart I – Prevention of market manipulation and abusive activities31\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgJiRcseU4UO5rEgJ3gfaCOb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 46Identify market manipulative and abusive activities\u003c/strong\u003e31\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgcZ2WTpw92Xl9o8IKnOqBye\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 47Reporting\u003c/strong\u003e32\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgwExO86sUKMNRpyrCKbfJQd\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 48Market surveillance programme\u003c/strong\u003e32\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgOtJ1z5YnrWanEgYWMh9bVc\" style=\"text-align: left;\"\u003ePart J – Fees32\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgkWMKIHvRO7MsSvKtU0C6Qh\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 49Fees to be published on website\u003c/strong\u003e32\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgjdNPetffl8agm0IalnxjEc\" style=\"text-align: left;\"\u003ePart K – Breach of these Exchange Rules32\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgt4YFs88XRuMA7rfiEtGF8c\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 50HBML’s power to investigate\u003c/strong\u003e32\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgie7DovCLNIgvmgTnumtQbo\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 51Request to remedy\u003c/strong\u003e33\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgyjDXrGbBvMvQwMEDroaxag\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 52Penalties\u003c/strong\u003e33\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg1nlwDVOVjqztgOssm2uaZf\" style=\"text-align: left;\"\u003ePart L – Security of HashKey Global33\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgEzt9HNy6ke5U8W8itbAeSb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 53 Security measures\u003c/strong\u003e33\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgWzfTcZiDDApM95EVk45yPe\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 54System Maintenance and Interruptions\u003c/strong\u003e34\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg0pUt5gkynIiVnz3PraWkAh\" style=\"text-align: left;\"\u003e54.1System Maintenance Arrangements34\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg1CnNiLPH6sYMQIqUpeTw4e\" style=\"text-align: left;\"\u003e54.2Unexpected Interruptions Handling34\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgabtDFL8cLM20KG7QGTdXKe\" style=\"text-align: left;\"\u003ePart M – Contact, Complaint Procedures and Dispute Resolutions35\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgTBuYyqnMUuzvr6jyn15fhg\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 55Contact information of HashKey Global\u003c/strong\u003e35\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgm6eXr31TootaQCfIa8eSIc\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 56Complaint procedures\u003c/strong\u003e35\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgFEIXLOIAtICEKfw4xLsA0d\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eSection 57Dispute resolution\u003c/strong\u003e35\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgD7e1bQ0zMPZqcQfiPYmYBg\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg6NBvnJImakFzOqv791A62f\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgY5yd24nf1eZWUDemHbX64g\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgGiIvRTSx9GL4Ah1LDPclFc\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgtXjMm1qQ7VJixYV9IHTFOh\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg2Z2kYZstjzvLBaz6SUMFGO\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg1NDHVjyKMqkSo725DASqpf\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlglm1gRYt3CmlQaS9nzfPcMg\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgI7NCOPvF6J3GJ1AJa3DACh\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgCv71HrH5aK2fJ4vU5D3sSh\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg03ZNnIzT4rzxh8GZAyNsTh\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlggXg5zgAksWMiA3IFaaKbFb\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg7A0dbwWbS190vYN6NvIgPd\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgQiyNTJURYG880BxbR1opAh\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgJGRKrY7SnvoVbLKiJm9Vuh\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgfwwS1XtZwE00ffdNNaiRyf\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgYsLzAIn4awrSDazeNXOqDb\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgPTOGFL4yWIxFNulqwunUFe\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgIZ7fr9nmJEVlUrXhZe8QHb\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgIFESS8ClZNI9U60s6OGvIb\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgj07Bf0BRkpNQRRiw7df1uc\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgDsHjWiiBzcJ4wlBs1nCGxc\"\u003e \u003c/div\u003e\n\u003cdiv class=\" old-record-id-doxlgQgz7CkH72pqeApjxKPrQwe\" data-type=\"divider\"\u003e\u003chr\u003e\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VHC4TTFREMWS4QQ0XG\" class=\"heading-1 ace-line old-record-id-doxlgXUTa198ub5WvCCoZLBZl8c\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart A – General\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003ch2 id=\"h_01HV8RH8VHBVYSEMK0YRG5DN16\" class=\"heading-2 ace-line old-record-id-doxlgMSGYhubn6qtFt7Tk7YkLwe\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 1 Interpretation\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003ch3 id=\"h_01HV8RH8VHEAA6W9D98C9RFVRN\" class=\"heading-3 ace-line old-record-id-doxlgSwPLbB8M3S0APQE0GYjQHc\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e1.1Definitions\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgexzfmwwwnCUyKNIBQVn1pg\" style=\"text-align: left;\"\u003eIn these Exchange Rules, unless the context requires otherwise, the following terms shall have the meaning set forth below:\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgDtb07dg02xedL5bu4BRDid\" style=\"text-align: left;\"\u003e“\u003cstrong\u003eAccount\u003c/strong\u003e” means the account (including its sub-account, if any) opened by a Trading Participant with HashKey Global for the purposes of utilizing the services at HashKey Global, including trading Digital Assets.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg4ymw5n9fuDOTxjAUQY2S2c\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eAccount Opening and Trading Rules \u003c/strong\u003emeans HBML’s “Account Opening and Trading Rules” which governs such matters relating to opening an account and trading on HashKey Global as published on HashKey Global’s official website and updated from time to time.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgbyOlOjt7pHpcdT69S6piFg\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eAML\u003c/strong\u003e means HBML’s anti-money laundering check which is to ensure that no illegally obtained funds or proceeds of criminal activities are used to conduct activities on HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgPhBc81wvJTqZiXWqAuU9lb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eAPI\u003c/strong\u003e means application processing interface.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgMrA50IsdfkVo94QCh1Yqhb\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eAssociated Entity\u003c/strong\u003e means HashKey Xpert Limited which:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgrLqUb5K94q2zGw4rZLxvHh\" data-list=\"number\"\u003e\n\u003cdiv\u003eis a limited liability company incorporated in Hong Kong;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgD29YErQVe09337MTzvBaxd\" data-list=\"number\"\u003e\n\u003cdiv\u003eholds a “trust or company service provider licence” (Licence No T006486) under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615 of the Laws of Hong Kong); and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg6TSJ7aNHufdOs2LY7y510b\" data-list=\"number\"\u003e\n\u003cdiv\u003eis an Affiliate of HBML.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg4AashDbOYbRriFxAQLmWVc\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eBusiness Day \u003c/strong\u003emeans any day that is not a Saturday, Sunday or a public holiday and on which banks are generally open for business in Bermuda and Hong Kong.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg0cnPtbSgnX7bhB3QxHZ1tb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eBMA \u003c/strong\u003emeans the Bermuda Monetary Authority.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgi6wIPDo7CVCeC1DIQlgJUc\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eExchange Rules \u003c/strong\u003emeans the HashKey Global - Exchange Rules as provided through the official website of HashKey Global from time to time.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgJYjOvBEbe2xjzrnFSSmoye\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eHashKey Group\u003c/strong\u003e means HashKey Digital Asset Group Limited and its affiliates.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgNNDNMVRUnWEawiCVJmmKhf\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eHashKey Global \u003c/strong\u003emeans the Digital Asset trading platform branded “HashKey Global” which is operated by HBML.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgC11x3tKM1K963jI6v5UPfh\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eHBML \u003c/strong\u003emeans HashKey Bermuda Limited (Registration number: 202302864), an exempted company limited by shares incorporated under the laws of Bermuda which has been granted a Class F licence by the Bermuda Monetary Authority under the Digital Asset Business Act 2018 to operate a digital asset trading platform, including its successor and assigns.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgDrZxl19YpIB5tATveuOzOd\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eHKIAC\u003c/strong\u003e means the Hong Kong International Arbitration Centre.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg5fjWC4OQ12oTzHKjMNlPTh\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eHong Kong\u003c/strong\u003e means the Hong Kong Special Administrative Region of the People’s Republic of China.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg1lERqxFo6yklOdUULXjBNZ\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eIssuer \u003c/strong\u003emeans any person approved by HBML under the Exchange Rules whose Digital Asset is listed on HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgWQGeDVghwAfA2tEQqtwgFY\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eIssuer Applicant \u003c/strong\u003emeans any person whose Digital Asset is the subject of an application for listing on HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgYdDXgNmR8mnKU7h23cw5VO\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eKYC \u003c/strong\u003emeans HBML’s “know your client” process which is for verifying the identity of the Trading Participants.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg3Z4wFTcEIOdkOaYi4mlUqe\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eListing Committee \u003c/strong\u003emeans the committee established by HBML as an independent decision maker for listing issues and a review body for decisions made by HBML.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgqmYONRAXfe8lRUTOUVBK7d\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eListing Document \u003c/strong\u003emeans a document that complies with Section 7.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlggcGeo2hq0gToi0U3sKtxBf\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eOrder \u003c/strong\u003emeans an instruction from a Trading Participant to either buy or sell a Digital Asset on HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgKj0Hc9mUehph45FaZeoJ3e\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eProscribed Person\u003c/strong\u003e means a person who appears to HBML to:\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgoTazJ3O3FkkQhn99fqEs5f\" style=\"text-align: left; text-indent: 2em;\"\u003e(a)be in breach of any AML/CFT Requirements of any jurisdiction;\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgr0LDPAUsHfbRaNLMpqXwxd\" style=\"text-align: left; text-indent: 2em;\"\u003e(b)appear in a list of persons with whom dealings are proscribed by the United Nations or another Government Agency or a regulatory authority under Applicable Laws; or\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgBt2rsK1UzXYLFAzRM8NWTT\" style=\"text-align: left; text-indent: 2em;\"\u003e(c)act on behalf, or for the benefit of, any person described in paragraph (a) or (b);\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgT68rwfr2dnBG0mRKi8jyDe\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eToken Admission Policy and Procedures \u003c/strong\u003emeansHBML’s internal policy and procedures which governs the process of listing and removal Digital Assets on HashKey Global, as updated from time to time.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgD5OXI1XWTbdcSSygwEdEHb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eAsset Operations Team \u003c/strong\u003emeans the team at HBML responsible for researching, reviewing, and gathering all the expert feedbacks for Listing Committee.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgzlJhcNGPF2i8gYgfiujNeg\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eTrading Applicant \u003c/strong\u003emeans any person who is the subject of an application for opening an account and dealing in Digital Assets on HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgzhvQpdVJHkVhMuStIhphOh\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eTrading Participants \u003c/strong\u003emeans those persons and entities set out in Section 19 which are approved by HBML under the Exchange Rules to open an account and deal in Digital Assets on HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgGbruOjJrXuMqvW1L8SbzRb\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eUser \u003c/strong\u003emeans a user of HashKey Global, including Issuers, Issuer Applicants, Trading Participants and Trading Applicants.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgIJ0d4LgKqbA67eIG2H1BId\" style=\"text-align: left;\"\u003e\n\u003cstrong\u003eDigital Assets \u003c/strong\u003emeans digital representations of value which may be in the form of digital tokens (such as digital currencies, utility tokens or security or asset-backed tokens), any other virtual commodities, crypto assets or other assets of essentially the same nature.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgDzlctJ53hqLlypBRkCXcAf\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e“\u003cstrong\u003ewe\u003c/strong\u003e” means HBML.\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"ace-line ace-line old-record-id-doxlgQc2PCRYrtHaUukQYkW5Mnd\" style=\"text-align: left;\" start=\"1\"\u003e\n\u003cli data-list=\"number\"\u003e\n\u003ch3 id=\"h_01HV8RH8VH4S8W9B9RB9GJAG7Y\" class=\"heading-3\"\u003e  \u003cspan style=\"color: #de7802;\"\u003eRules of Interpretation\u003c/span\u003e\n\u003c/h3\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgBXHmrOZaGGVDNyoCBGSF0e\" data-list=\"number\"\u003e\n\u003cdiv\u003eReferences in the Exchange Rules to Bermuda ordinances and to Bermuda statutory provisions shall be construed as references to those ordinances or statutory provisions as respectively modified (on or before the date hereof) or re-enacted (whether before or after the date hereof) from time to time and to any orders, regulations, instruments or subordinate legislation made under the relevant ordinances or provisions thereof which has been so re-enacted (with or without modifications).\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgnUVL4qbd9L1TFtvyB0XiPh\" data-list=\"number\"\u003e\n\u003cdiv\u003eThe headings are inserted for convenience only and shall not affect the construction of the Exchange Rules.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgFvNlfRV1AgzURdmTWukevd\" data-list=\"number\"\u003e\n\u003cdiv\u003eExcept where the context otherwise requires words denoting the singular include the plural and vice versa; words denoting any one gender include all genders; words denoting persons include incorporations and firms and vice versa.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgC5NB7DchUQxBHyZykqt4bb\" data-list=\"number\"\u003e\n\u003cdiv\u003eExcept where the context otherwise requires references to the word \u003cem\u003e\u003cstrong\u003einclude\u003c/strong\u003e\u003c/em\u003e or \u003cem\u003e\u003cstrong\u003eincluding\u003c/strong\u003e\u003c/em\u003e (or any similar term) are not to be construed as implying any limitation and general words introduced by the word \u003cem\u003e\u003cstrong\u003eother\u003c/strong\u003e\u003c/em\u003e (or any similar term) shall not be given a restrictive meaning by reason of the fact that they are preceded by words indicating a particular class of acts, matters or things.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgRM4wtqc1QF5fRz1oL1Znuh\" data-list=\"number\"\u003e\n\u003cdiv\u003eExcept where the context otherwise requires any reference to \u003cem\u003e\u003cstrong\u003ewriting\u003c/strong\u003e\u003c/em\u003e or \u003cem\u003e\u003cstrong\u003ewritten\u003c/strong\u003e\u003c/em\u003e includes any method of reproducing words or text in a legible and non-transitory form.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgsYYaCqVZuB8F7g00rzvq0g\" data-list=\"number\"\u003e\n\u003cdiv\u003eExcept where the context otherwise requires references to times of the day are to that time in UTC+0 (Greenwich Mean Time) and references to a day are to a period of 24 hours running from midnight to midnight in UTC+0 (Greenwich Mean Time).\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgNnhpVJeIc4IhvC1ylVacbd\" data-list=\"number\"\u003e\n\u003cdiv\u003eReferences to Sections and Schedules are (unless the context requires otherwise) to sections of and schedules to the Exchange Rules.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg30ae1LJWDLnX6eUv5zTEMf\" data-list=\"number\"\u003e\n\u003cdiv\u003eAll representations, undertakings, warranties, indemnities, covenants, agreements and obligations given or entered into by more than one person are given or entered into severally unless otherwise specified.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VH9PX96B098VZ40X7N\" class=\"heading-2 ace-line old-record-id-doxlgI33B9wDntyw2bfMkHClbKf\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 2Introduction\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003ch3 id=\"h_01HV8RH8VHG49E40J81RSTAEJF\" class=\"heading-3 ace-line old-record-id-doxlgL5ofnoWm0bQblWueuMqwKe\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e2.1HashKey Global\u003c/span\u003e\u003c/h3\u003e\n\u003ch4 id=\"h_01HV8RH8VH1QMN7F3MYF7HS7XQ\" class=\"heading-4 ace-line old-record-id-doxlgVs7eNZ69qriNnseWnMa01f\" style=\"text-align: left;\"\u003eGeneral\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg4oBOnM66Belr6HI2PkUWuh\" style=\"text-align: left;\"\u003eHashKey Global is an automated Digital Asset trading platform operated by HBML. Its mission is to provide safe, convenient and highly efficient services relating to Digital Assets to its customers. Neither HashKey Global nor HBML is a principal party to any transactions conducted via HashKey Global.\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VHJB3HNP3T3WHC5R68\" class=\"heading-4 ace-line old-record-id-doxlggiEeh01qeFAZVZ3GbwCLrR\" style=\"text-align: left;\"\u003eRegulatory\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgzVSMmhJRZOUIYNUlaDcc6e\" style=\"text-align: left;\"\u003eHBML is a Digital Asset trading platform granted a Class F licence by the Bermuda Monetary Authority under the Digital Asset Business Act 2018 to operate a digital asset trading platform.\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VHPEH9989NF6TRR525\" class=\"heading-4 ace-line old-record-id-doxlgpIcPrC6OLKyJHt8A7Zerie\" style=\"text-align: left;\"\u003eRisk management\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgnLiaEOK6anp1nPS7r8gBBe\" style=\"text-align: left;\"\u003eHBML maintains a sound risk management framework to identify, measure, monitor and manage the full range of risks arising from its businesses and operations.\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VHGJVY2V7P1GFWJEP1\" class=\"heading-4 ace-line old-record-id-doxlgLnBRQgzzDHw2QWL779yPfe\" style=\"text-align: left;\"\u003eNotifications to Authority\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg8hOv8APiOTWDdvJxWzqobf\" style=\"text-align: left;\"\u003eAs an entity which is licensed by the BMA, HBML has ongoing reporting and notification obligations to the BMA and may be required to submit such information as may be specified and requested by the BMA and other law enforcement authorities from time to time.\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VHKWW71TCDSCM72F4R\" class=\"heading-4 ace-line old-record-id-doxlg95SmiyRPzupQKF5fOrzC6b\" style=\"text-align: left;\"\u003eGood Industry Practice\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgODK2QGPgMXiXTIE2n8XNab\" style=\"text-align: left;\"\u003eApart from observing the regulatory regime of the BMA and other applicable compliance measures, HBML maintains and operates HashKey Global in accordance with good industry practices, which platform operators and entities engaged in internet trading incorporate into their information technology and cybersecurity risk management frameworks.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgQjVfwdf1UGY6dnL7pbG17c\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch4 id=\"h_01HV8RH8VHAD1Q0947EY20HJ04\" class=\"heading-4\"\u003eSecurity of HashKey Global\u003c/h4\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgiWqmMHy5dOrFVw1qGft40b\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML uses its best endeavours to manage and supervise the design, development, deployment and operation of HashKey Global in accordance with industry best practices and international standards to ensure that HashKey Global is appropriately secured against cyberattack, misuse or unauthorised access.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgAoEkOSlPacsYX8lOAAT23X\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgmqPU5fHKZCWTkC6cU7duUb\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML also has in place internal governance documentation and employs cybersecurity controls in accordance with industry best practices and international standards to protect HashKey Global from being abused and conducts regular reviews to ensure that security measures put in place are in line with changing market conditions and regulatory developments.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VHH265EAKWP2AGN2KZ\" class=\"heading-4 ace-line old-record-id-doxlg30JlBBFWf3VRPxIRx4hpYg\" style=\"text-align: left;\"\u003eExclusion of liability\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgqUtaaReaVTDiZuobdFXbCe\" style=\"text-align: left;\"\u003eWhile HBML commits to use all reasonable care in the performance of its duties under the Exchange Rules, neither HBML nor its Associated Entity will be in any way liable or responsible to any Users for any loss or liability arising from any act, default, omission or misconduct of HBML, except to the extent caused by its own gross negligence, fraud or wilful misconduct.\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VHXTQGYRPCVXCK356V\" class=\"heading-4 ace-line old-record-id-doxlgYVJAejFwhjh4VF9b7mUlcX\" style=\"text-align: left;\"\u003eRecords of trading\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgBfCpsElJ8BquQTWpS84U3g\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eHBML is required to keep records of its operation of HashKey Global and its dealings with Client Money and Digital Assets of Trading Participants, and retain records in respect of transactions conducted in its systems, including:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgKTJhiZxw2Q0n0aMMMKiElf\" data-list=\"number\"\u003e\n\u003cdiv\u003edetails of the Trading Participants;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgRkDhaQQel097J9JC7kwB4f\" data-list=\"number\"\u003e\n\u003cdiv\u003edetails of any restriction, suspension or termination of the access of any Trading Participants to HashKey Global;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgk8aDrwUAPncFlszzcQ8QKb\" data-list=\"number\"\u003e\n\u003cdiv\u003eall notices and other information provided by HashKey Global to the Users; and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgn6O3UQydRWz57TvJ8OLP0g\" data-list=\"number\"\u003e\n\u003cdiv\u003eroutine daily and monthly summaries of trading in its systems.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgedU0RYMeb6rNauAtGtiRRe\" style=\"text-align: left;\"\u003eSuch information may be disclosed to third parties including the SFC, other regulators, law enforcement authorities and/or relevant Issuers as required from time to time.\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VH05FVN7V6V03SQCMK\" class=\"heading-4 ace-line old-record-id-doxlgmKYVKFTOxlUGJDw23FgItd\" style=\"text-align: left;\"\u003eDiscretion of HBML\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgeMn6cYiJQdiY3x0FGS2pVh\" style=\"text-align: left;\"\u003eHBML may in its absolute sole discretion exercise powers granted under the Exchange Rules and applicable laws, including but not limited to accepting or rejecting any application or instructions. Unless as required under applicable laws, HBML will not give reasons for the exercise of any of its powers.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgpwmsy06uzRkFLze0kFWBBg\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch4 id=\"h_01HV8RH8VH8JN2YEQ143VSP6WE\" class=\"heading-4\"\u003eForks\u003c/h4\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlglLPuSdwa1VOVzCCD0zYOth\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhen a hard fork is imminent, HBML will notify Users of the event and how HBML will handle it through email and announcement on HashKey Global’s website.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlglXkIpuBECbNl61kr6iWWch\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will suspend deposit and withdrawal requests until the hard fork is completed. This is to avoid the unnecessary risk of asset loss due to hard fork related security events.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgYJ2Mb4IOyWCkwzgLQYi3Xb\" data-list=\"number\"\u003e\n\u003cdiv\u003eDepending on the specific events, HBML could suspend the trading of the Digital Assets involved until the hard fork is completed.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg1GBXveR11LxQdGT1ViaQsd\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will update the product (e.g. name of Digital Asset) according to the consensus of the general blockchain and Digital Assets community.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgPHI4oww0uwmhaE9VZiAXsf\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will take a snapshot of Trading Participants’ asset for the Digital Asset involved at the block height right before the hard fork or right at the time of the hard fork. HBML will then distribute the new Digital Asset generated from the hard fork to the Trading Participants involved.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgMPtokDp8J83b8oiBeqkuud\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will provide deposit and withdrawal services for the new Digital Asset as a result of the hard fork. The new Digital Asset will be listed on HashKey Global according to HBML's listing rules and policies.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg5XbuDw9pwiv3f7Gr9rvwCc\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will provide 24/7 customer service with coverage aligned with exchange operation hours to cater for Trading Participants’ enquiries during a hard fork.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VHYETZSHR7THGJW8A7\" class=\"heading-3 ace-line old-record-id-doxlgNZbUNbSjIwlTVAOIH0jqPb\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e2.2Listing Committee\u003c/span\u003e\u003c/h3\u003e\n\u003ch4 id=\"h_01HV8RH8VHXMV6WFCZSY7ZHZD5\" class=\"heading-4 ace-line old-record-id-doxlg5VqRGU3Hv2RMWcS6VIsHdd\" style=\"text-align: left;\"\u003eHBML will implement listing-related due diligence procedures in respect of HashKey Global. HBML will do so via the Listing Committee HBML.\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg41vYR0Fen7255dfTgFXlsc\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch4 id=\"h_01HV8RH8VHV3HPH7AK9FVZKWPW\" class=\"heading-4\"\u003eComposition\u003c/h4\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg9gsykuEL52XKe86OPItbOh\" data-list=\"number\"\u003e\n\u003cdiv\u003eThe Listing Committee will consist of the following members and any other person whom HBML’s directors deem appropriate, including but not limited to:\u003c/div\u003e\n\u003col class=\"list-number3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgInczZf4ijvc6etODf8NYzd\" data-list=\"number\"\u003e\n\u003cdiv\u003ea senior management of key business line, who will chair the LISTING COMMITTEE(“chairperson”);\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgpz1f5cjOJmr0aIMi6SbBpf\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgK8VtghTVjeb14ejyRwBh3b\" data-list=\"number\"\u003e\n\u003cdiv\u003ea senior management of compliance;\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgbdHQGPytZdfNR5ECExqkih\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgVNaTOetYjloiryen6gTXRO\" data-list=\"number\"\u003e\n\u003cdiv\u003ea senior management of risk management; and\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgIsjU6w5Quc5QtsoqpOEtKf\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"4\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgRubg1XCAkNP1vU4nxgfL3e\" data-list=\"number\"\u003e\n\u003cdiv\u003ea senior management of information technology.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgt4priNnboAxxS1URDpMXtd\" style=\"text-align: left; text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eThe quorum for LISTING COMMITTEE meetings shall be more than half of the committee members. Decisions shall be determined by simple majority and, in the event of a tie, the chairperson of the meeting shall have the casting vote.\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgPfl1ihGVpnHUvOSfMo9Ozg\" data-list=\"number\"\u003e\n\u003cdiv\u003eIn the case of any conflicts of interest, a LISTING COMMITTEE member is required to excuse himself from voting in respect of any listing applications which he may be interested in. Nonetheless, such LISTING COMMITTEE member may still be counted in the quorum at any such meeting at which any such listing application shall be considered.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgRIo4pezVrZsTkb9NJcGhIb\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch4 id=\"h_01HV8RH8VJQAW7J8V0J71AY8TR\" class=\"heading-4\"\u003ePower and duty\u003c/h4\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgKRZv9C4EO9Td2YLhFKsrtb\" data-list=\"number\"\u003e\n\u003cdiv\u003eAfter the Asset Operations Team has conducted preliminary due diligence on Issuer Applicants and their Listing Documents, the LISTING COMMITTEE has the responsibility for the deliberation and review of the potential Digital Asset listing on HashKey Global. It has the power to:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgnk8osZyr13WPsHsJy0UtYe\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg6G98R8WCt9029E8S0noheb\" data-list=\"number\"\u003e\n\u003cdiv\u003emake decisions of material significance regarding Issuers, Issuer Applicants and the individuals concerned. These include approvals of listing applications, the imposition of any conditions if approvals are granted for the listing of Digital Assets and cancellations of listings; and\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgUEJHpzxHLkeF1bqrJrhXou\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgROh1RmtHurmSJxBtcOY78d\" data-list=\"number\"\u003e\n\u003cdiv\u003eact as a review body for listing recommendations made by the Asset Operations Team and has the final say regarding whether to approve the potential Digital Asset listing on HashKey Global.\u003c/div\u003e\n\u003col class=\"list-number2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgpr8BMoRat2NDxFPW8VWT3c\" data-list=\"number\"\u003e\n\u003cdiv\u003eThe chairperson of the LISTING COMMITTEE shall report to the board of directors of HBML on different areas of the activities of the LISTING COMMITTEE at the next meeting of the HBML board of directors following a meeting of the LISTING COMMITTEE.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003ch2 id=\"h_01HV8RH8VJSCWNQMND69Z4XNHT\" class=\"heading-2 ace-line old-record-id-doxlggcDnpsrIjosvUybBU7UZBb\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 3About the Exchange Rules\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003col class=\"ace-line ace-line old-record-id-doxlgfrGZNC6KpPUa5iOPi3Pgmf\" style=\"text-align: left;\" start=\"2\"\u003e\n\u003cli data-list=\"number\"\u003e\n\u003ch3 id=\"h_01HV8RH8VJC6FKC64PNQ9Y10H0\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003eApplication\u003c/span\u003e\u003c/h3\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg7eqVdzzVZ58e2kSI8uTJ9b\" style=\"text-align: left;\"\u003eThe terms of the Exchange Rules are applicable to HBML and all Users.\u003c/div\u003e\n\u003col class=\"ace-line ace-line old-record-id-doxlg1sXj15OvShwV3wQo6mDsvd\" style=\"text-align: left;\" start=\"3\"\u003e\n\u003cli data-list=\"number\"\u003e\n\u003ch3 id=\"h_01HV8RH8VJ3T3Q9HFWVKYKSRXM\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003eStatus\u003c/span\u003e\u003c/h3\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgzQPZGzrNf9a16vTTRGpixe\" style=\"text-align: left;\"\u003eThe Exchange Rules govern all Users. HashKey Global will take into account the Exchange Rules in exercising its powers, functions and responsibilities hereunder or that are provided for by applicable laws.\u003c/div\u003e\n\u003col class=\"ace-line ace-line old-record-id-doxlgwVb9z8JOxxDv8GP2QT58Jb\" style=\"text-align: left;\" start=\"4\"\u003e\n\u003cli data-list=\"number\"\u003e\n\u003ch3 id=\"h_01HV8RH8VJFY346WYS175VBF8X\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003eProcedure where none laid down\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgGXjArIhL2ZjgshKNgXR7gd\" data-list=\"number\"\u003e\n\u003cdiv\u003eIn case no specific procedure is laid down in the Exchange Rules in connection with any actions required under the Exchange Rules, an application for directions should be made to HBML. Such direction shall be determined in the sole discretion of HBML.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgiH6EDRTyrNrWaZ1l39uOLc\" data-list=\"number\"\u003e\n\u003cdiv\u003eActions performed in accordance with such directions of HBML shall constitute valid performance of such actions.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003col class=\"ace-line ace-line old-record-id-doxlgmMj08xbKE617Hnk1CPrCfd\" style=\"text-align: left;\" start=\"5\"\u003e\n\u003cli data-list=\"number\"\u003e\n\u003ch3 id=\"h_01HV8RH8VJ6HQMR95515S7BQHP\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003eGeneral provisions\u003c/span\u003e\u003c/h3\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003ch4 id=\"h_01HV8RH8VJQWKC5ZS42MF3P6X2\" class=\"heading-4 ace-line old-record-id-doxlg35yY8fGnYFPQBnnpkAVUxh\" style=\"text-align: left;\"\u003eTime is of the essence\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg0EGCWO4Yt3tqzcvcyPj5rh\" style=\"text-align: left;\"\u003eTime is of the essence in the performance of the Exchange Rules by Issuers, Issuer Applicants, Trading Participants and Trading Applicants.\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VJ4TQPM2281KDZZ7CC\" class=\"heading-4 ace-line old-record-id-doxlgNf9p7BWmNSrRbHLBZzKGKc\" style=\"text-align: left;\"\u003eSeverance\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgNdOtnkq8NOXap4f3Oqiswd\" style=\"text-align: left;\"\u003eIf at any time any provision of the Exchange Rules is, or becomes, illegal, invalid or unenforceable in any respect, the legality, validity and enforceability of the remaining provisions of the Exchange Rules shall not be affected or impaired.\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VJFG2181WTYG3YT4P2\" class=\"heading-4 ace-line old-record-id-doxlgfkxvYROSyz5zwEgA5LdHsd\" style=\"text-align: left;\"\u003eVariation of these Exchange Rules\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg7L4vSDs4zzWgSLnQG9Yaod\" style=\"text-align: left;\"\u003eHBML will provide a prior notice as soon as practicable to any amendment or variation of the Exchange Rules. Any variation to the Exchange Rules shall be binding only if it is in writing and is published on the official website of HashKey Global. Users who object to the amendments or variation will be given an opt-out option to terminate their Account and should send written objections to HBML within fourteen (14) Business Days after the publication of such amendment notice at HashKey Global’s website, failing which acceptance shall be deemed of such amendment, deletion, substitution or addition.\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VJZAAPDGW5RAPABHN7\" class=\"heading-4 ace-line old-record-id-doxlghyLGDf7b0HkiRazQFBhbso\" style=\"text-align: left;\"\u003eThird parties\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgyszXvuCkw7JgtFwNiGCEOe\" style=\"text-align: left;\"\u003eThese Exchanges Rules does not create or confer any rights or benefits enforceable by any person not a party to it except HBML’s Affiliates and nominees, and any other indemnified party may enforce its rights or benefits in the Agreement, including any indemnity, limitation or exclusion of liability; and a person who is a permitted successor or assignee of the rights or benefits of HBML under the Agreement may enforce those rights or benefits. Notwithstanding the foregoing, no consent from the persons referred to in this Clause shall be required for the parties to vary or rescind the Agreement (whether or not in a way that varies or extinguishes rights or benefits in favor of those third parties).\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgrzcCShRBremyFlFKwqsQEc\"\u003e \u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VJPKDGXKQYR5PGTY23\" class=\"heading-4 ace-line old-record-id-doxlgrtjfcak8fizqEn3iwD2FBd\" style=\"text-align: left;\"\u003eGoverning laws\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgOWkrNONvvtEH3ljeKwutmb\" style=\"text-align: left;\"\u003eThe Exchange Rules shall be governed by, and construed in all respects in accordance with, the laws of Hong Kong.\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VJVG7194JKF48059MX\" class=\"heading-1 ace-line old-record-id-doxlgqyXKpdAkbqyvKSkM7UQoVf\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart B - Listing\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003ch2 id=\"h_01HV8RH8VJ32BPF3125GSW7WHX\" class=\"heading-2 ace-line old-record-id-doxlgItSPZ4bFOPdmgGQ7NiIHqf\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 4Listing Criteria\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003col class=\"ace-line ace-line old-record-id-doxlg3iQKCs3J0sixwVEWVD5NBh\" style=\"text-align: left;\" start=\"6\"\u003e\n\u003cli data-list=\"number\"\u003e\n\u003ch3 id=\"h_01HV8RH8VJMFRE1QE798ND297V\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003eGeneral requirements\u003c/span\u003e\u003c/h3\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg4nR3r0RDvFjj5HCOHFzR6o\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eTo allow HBML to perform due diligence on Digital Assets, set out below is a non-exhaustive list of general requirements and information which an Issuer Applicant shall provide to HBML before its Digital Assets may be approved to be listed on HashKey Global for trading:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgBT5gebXpuzvD36ZDY8SCDA\" data-list=\"number\"\u003e\n\u003cdiv\u003eBackground of management, development team, and any of its known key members;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgYPJQsGKA5Na6mHUxLLmXoh\" data-list=\"number\"\u003e\n\u003cdiv\u003eRegulatory status of Digital Asset in major jurisdictions;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgIrXAppRXCzjHJ6FWc9iwRd\" data-list=\"number\"\u003e\n\u003cdiv\u003eSupply, demand, maturity and liquidity of Digital Asset;Technical aspects of the Digital Asset;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg3Ba3VfJWNm6qXBeaBBDO5d\" data-list=\"number\"\u003e\n\u003cdiv\u003eDevelopment of the Digital Asset;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgjVEOLc33Pxh6emINVDIz2d\" data-list=\"number\"\u003e\n\u003cdiv\u003eMarket and governance risks of the Digital Asset;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgjggP7ubnw6Yz7gntlkNwL3\" data-list=\"number\"\u003e\n\u003cdiv\u003eLegal risks associated with the Digital Asset;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgp01l6O0TTFIfOfFgaL7q9c\" data-list=\"number\"\u003e\n\u003cdiv\u003eUtility offered, novel use cases facilitated, technical structural or cryptoeconomic innovation, or administrative control exhibited by the Digital Asset and supporting information on viability of the project not dependent on continuous inflow into the Digital Asset;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgtjdQ7pYUlBoWfdnTmu9J3d\" data-list=\"number\"\u003e\n\u003cdiv\u003eEnforceability of any rights extrinsic to the Digital Asset (for example, rights to any underlying assets) and the potential impact of the Digital Asset’s trading activity on the underlying markets; and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgaHlJ9ur2fawWYHzpJti9kg\" data-list=\"number\"\u003e\n\u003cdiv\u003eAssessment on the money laundering and terrorist financing risks associated with the Digital Asset.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VJYCKCDH2W52EQNC76\" class=\"heading-3 ace-line old-record-id-doxlgHcan6O1yNLwrl974GWJEdf\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e4.5Minimum requirements only\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgXZuO9d7NJ2osfSspkmHcjh\" style=\"text-align: left;\"\u003eHBML endeavours to ensure that the decision-making process regarding the listing or removal of Digital Assets from HashKey Global is fair. Nonetheless, the listing requirements stated herein represent the minimum requirements only, and HBML may impose additional requirements as appropriate in approving the listing of any Digital Assets on HashKey Global.\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VJ2DZQKETZST6QRQEP\" class=\"heading-2 ace-line old-record-id-doxlgj2s1aupGGy0h9eaY6n4FDd\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 5Listing Procedure\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003ch3 id=\"h_01HV8RH8VJ3BNBFR9102E6YPKA\" class=\"heading-3 ace-line old-record-id-doxlgFfBjMs51GDSGBWaDOAj5zI\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e5.1Application procedure \u003c/span\u003e\u003c/h3\u003e\n\u003ch4 id=\"h_01HV8RH8VJ2676D7S256KBEPHQ\" class=\"heading-4 ace-line old-record-id-doxlgc6IJ0olPRKtlEQqIdVUFSf\" style=\"text-align: left;\"\u003ePreliminary application review\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgKaUlVJO4mWuH59nIuk8mCf\" style=\"text-align: left;\"\u003eThe Issuer Applicant should complete the application form provided by HBML (by email) and upon receipt, HBML will assess the admissibility of the Issuer Applicant and the relevant Digital Assets.\u003c/div\u003e\n\u003ch4 id=\"h_01HV8RH8VJX86WMKJWDDYPMW1W\" class=\"heading-4 ace-line old-record-id-doxlgOW9178WAnjUwY9Z1mnPcYg\" style=\"text-align: left;\"\u003eFull listing review\u003c/h4\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgpL2ZmvQrVaSvz4xcsV0S7d\" style=\"text-align: left;\"\u003eUpon the passing of the preliminary review, HBML will provide the Issuer Applicant a comprehensive list of required information and documents according to the class of underlying assets of the Digital Asset. Once HBML has received the fully-completed application pack from the Issuer Applicant, HBML will conduct a full listing review, including identifying any money laundering and terrorist financing risks which may arise in relation to the development and use of the relevant Digital Assets, services, business practices and technologies for both new and pre-existing products.\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VJ7G7XZVH1AK7X243Q\" class=\"heading-3 ace-line old-record-id-doxlgRUWKdBCPq7t4dPosWgMKSe\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e5.2Documents and information required\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgW7etl9MoFsbiwsG1SikX8d\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eAn application for listing shall be at least accompanied by copies of the following documents:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgYELkXuOpUECdd0do4OcOSg\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eWhitepaper\u003c/strong\u003e: HBML will scrutinise all materials relevant to the offering including published information such as the whitepaper and any relevant marketing materials, as well as any projects associated with the Digital Asset as set out in its whitepaper and any previous major incidents associated with its history and development.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgIpqc5hAVmCBzi7Twfwaxvf\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eLegal opinion\u003c/strong\u003e: Written legal advice in the form of a legal opinion or memorandum on the legal and regulatory status of every Digital Asset that will be made available to Users, in particular, whether that Digital Asset falls within the definition of “securities” , and the implications for HBML.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgoVBmevlUy8W0alt3wgAHae\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg7Cu7E6pDkTGSValVrwVSmc\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eSmart Contract Audit\u003c/strong\u003e: Smart contract audit report conducted by an independent assessor focused on reviewing and confirming the smart contract is not subject to any contract vulnerabilities or security flaws to a high level of confidence.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgXlYLP0erOASk5kBqFTNvMf\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eListing Document\u003c/strong\u003e: please see Section 7 below for details.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VJ1ZA8WHBBVSQFT0JB\" class=\"heading-3 ace-line old-record-id-doxlgqwXuFcNJa8qN6RteAraH6f\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e5.3Interview and further information or document\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgsrWNAuze7GykJLRrk0t1FT\" style=\"text-align: left;\"\u003eHBML may require an Issuer Applicant to attend interviews, give presentations or provide any additional information or documents which HBML at its sole discretion considers to be necessary or relevant to assess the listing application.\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VJ6K13ZXSXXKQHVNSD\" class=\"heading-3 ace-line old-record-id-doxlgRcKwQSJDVEicyx2sDUvjcd\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e5.4Due diligence \u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgC5KglkuEA2ATsvK04IfuRe\" style=\"text-align: left;\"\u003eHBML will perform all reasonable due diligence on all Digital Assets before including them on HashKey Global for trading, and to verify that they continue to satisfy all listing criteria in accordance with the Token Admission Policy and Procedures and internal governance documentation. The Issuer Applicant agrees that HBML may at its sole discretion decide to engage independent experts to verify or assess the application and the Issuer Applicant authorises HBML to disclose information and documents obtained from the Issuer Applicant to such experts.\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VJ8ETQMSGE3KBWFQAG\" class=\"heading-3 ace-line old-record-id-doxlggbXdvIuqCpK4sPeYiLMH3c\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e5.5Declarations and undertakings\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgbqqV7EADYISalPuOcANwQc\" style=\"text-align: left;\"\u003eHBML may require an Issuer Applicant to make a declaration or undertaking in respect of the listing application in a separate agreement to be entered into between HBML and the Issuer Applicant.\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VJ59RYKAH6M8GKFPJV\" class=\"heading-3 ace-line old-record-id-doxlgApHAkx3ZeRaULOercLKhMh\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e5.6Listing conditions\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgDxmDR0MIQDt2Gkl5m60lOh\" style=\"text-align: left;\"\u003eHBML may attach to a listing any conditions that HBML considers appropriate, and vary or revoke the condition(s) when deemed necessary upon listing or at any time the Digital Asset is listed on HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg2lwnFZpUClO1yDYKH2lbRx\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch3 id=\"h_01HV8RH8VJGQ6007F3W836E0JH\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003e5.7Listing fees and costs\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgzkDd5BfYp2KMEIuZS8FLGg\" data-list=\"number\"\u003e\n\u003cdiv\u003eIssuer Applicants shall pay such listing fees and charges as HBML may prescribe and set out prior to the full listing application review. HBML shall have the right to waive all or part of the listing fees or charges at its sole discretion. Unless otherwise agreed by HBML, all listing fees and charges paid are non-refundable in any event.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgPx0MdhfB1P1BNWPSv0ge4b\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg0l8Ole5Mg7qiwMfT3WIuLe\" data-list=\"number\"\u003e\n\u003cdiv\u003eThe Issuer Applicants shall be solely responsible for their own costs and expenses incurred in relation to the listing application regardless of the outcome.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgXmRDhQwExpPu7d3feNF3Hf\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgo3VSJ8V8VL6sUxVwBvcGqe\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VJMA0ZZVJBAJN08M7Q\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 6Withdrawal of listing application\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlglRPN26NL4O8zNnixIaKYTp\" data-list=\"number\"\u003e\n\u003cdiv\u003eAn Issuer Applicant may withdraw a listing application by notifying HBML through email according to the terms and conditions as may be prescribed by HBML.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlg7c280Nw47LY2IwYiEFsjSb\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg42sQ3rBq3V1MLY6rNnrTed\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML may at its sole discretion discontinue to assess any listing application but shall give the lssuer Applicant written notice (including via email).\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgHh9qJnLmCPH1amze1uUdPm\"\u003e \u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VJN0WH4540YREK5XQZ\" class=\"heading-2 ace-line old-record-id-doxlg2o7XAHhTXZSFmCvUiMPfGf\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 7Listing Document\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003ch3 id=\"h_01HV8RH8VJMKE1SAHR2DEZMVK5\" class=\"heading-3 ace-line old-record-id-doxlgfjqrBmGzBQJU0K0vf2MnOd\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e7.1Information in Listing Document\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgjuROgefjYsDKs5WBwmyXKg\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eA Listing Document should provide a concise and user-friendly summary, in plain language, of the key features and risks of a Digital Asset, including but not limited to the information listed in this Section. HBML may change or require additional information on a case-by-case basis in its sole discretion:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgFxcL1xLnpZcwehdfFKPWAg\" data-list=\"number\"\u003e\n\u003cdiv\u003eName and type of Digital Asset;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgxsTbkKdwI1T93OclGSWi3m\" data-list=\"number\"\u003e\n\u003cdiv\u003eName of Issuer Applicant;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgxpcY93WMsCWpfHlGFQAHry\" data-list=\"number\"\u003e\n\u003cdiv\u003eThe business, financial position, management and prospects of the Issuer Applicant, including:\u003c/div\u003e\n\u003col class=\"list-number3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgQs8Lac8FSsSFwxF76F7jJg\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhere applicable, all relevant corporate and financial documentation of the Issuer Applicant;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgqnqyYDHhm1elr174BL3RNh\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhere applicable, particulars and operating history of the Issuer Applicant;\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg7mhbkb8tmnNe1kPpXvv2pe\" data-list=\"number\"\u003e\n\u003cdiv\u003eKey features of the Digital Asset:\u003c/div\u003e\n\u003col class=\"list-number3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg6gMEwmPhHr7o4T4n2HRGcb\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhat is the product and how does it work;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgGCMzD7Cp60QxaupV4IcUgf\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhat are the key risks;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgBClkL7NWzBU6sxQHxCWnhl\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhat is the material technology that supports the Digital Asset, upon which its operation and/or transferability relies, including any relevant consensus protocol;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg4eC3Db9aX0B6lwhZoFBIqh\" data-list=\"number\"\u003e\n\u003cdiv\u003eAny information that is specific to its product class;\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgS8DNcpOdaEFqSvBTX1Kmdd\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhere applicable, detailed documentation in respect of the Digital Asset and the underlying asset;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgfwEkATWX7h3Z1hFKiwoTCf\" data-list=\"number\"\u003e\n\u003cdiv\u003ean investigation of the blockchain protocol of the Digital Asset;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgf8p93CrRkhu8I32gYPusWg\" data-list=\"number\"\u003e\n\u003cdiv\u003ean investigation of the security of the Digital Asset;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg4Cikx0kPNEwUpvynRiNVHh\" data-list=\"number\"\u003e\n\u003cdiv\u003ean investigation of the financial metrics of the project;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlguYTbgysLZ3sZICrA4ywxxg\" data-list=\"number\"\u003e\n\u003cdiv\u003eProject description (if applicable);\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgrjnzmVm9DO3K73wKLT71Wh\" data-list=\"number\"\u003e\n\u003cdiv\u003eKey features of the project, covering the leading project team, business model, technical development, token economy and community and other important information (if applicable); and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgZOETAGNVgDGmyNtGsDxXCf\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe risk assessment which includes the project due diligence conducted covering all the items from section 4.2 where not already provided.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgAVw8AQMLHB6bdakT5TKCpb\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch3 id=\"h_01HV8RH8VJB2TT9YMZKA3DX7R3\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003e7.2Statements in Listing Document\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgrJflfVEbemCLBs4Xis5vTf\" data-list=\"number\"\u003e\n\u003cdiv\u003eThe Listing Document should detail the nature and risks that Trading Participants may be exposed to in trading Digital Assets and using HashKey Global.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgGQPDQUnZSWvO9gPbw1k2mW\" data-list=\"number\"\u003e\n\u003cdiv\u003eIn addition, a Listing Document must contain the following statement (or other statement for Digital Assets that are securities, as HBML considers appropriate) in a prominent position:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgmWkgOM8T2TC5Ry2cz9obKc\" style=\"text-align: left; text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\u003cem\u003e“HashKey Bermuda Limited (“HBML”) is not the issuer of the Digital Asset and did not prepare or compile this document. Therefore, HBML is not responsible for the contents of this document, makes no representations as to its accuracy or completeness and is not liable for any loss howsoever arising from or in reliance upon any part of the contents of this document. Investors should exercise caution, read and understand the contents of this document, and obtain appropriate professional advice before investing. The listing of the Digital Asset at HashKey Global does not translate to HBML’s recommendation or endorsement of any Digital Asset, nor does it guarantee the commercial merits of a Digital Asset or its performance. It does not mean the Digital Asset is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.”\u003c/em\u003e\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"ace-line ace-line old-record-id-doxlgVM5XS7jAX1k7guXRbb2xcb\" style=\"text-align: left;\" start=\"7\"\u003e\n\u003cli data-list=\"number\"\u003e\n\u003ch3 id=\"h_01HV8RH8VJ0JPACDSDDBXR19KV\" class=\"heading-3\"\u003e  \u003cspan style=\"color: #de7802;\"\u003eApproval for dissemination\u003c/span\u003e\n\u003c/h3\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgrwN82dWBhjtbRfgTqSHkhh\" data-list=\"number\"\u003e\n\u003cdiv\u003eNo party must disseminate the Listing Document unless and until HBML has approved the application.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgK3EADtlVCX5lN8FFfUEQuj\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML’s approval of the application is not a recommendation or endorsement of a Digital Asset nor does it guarantee the commercial merits of a Digital Asset or its performance. It does not mean the Digital Asset is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors. HBML takes no responsibility for the contents of the Listing Document and makes no representation as to its accuracy or completeness.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003col class=\"ace-line ace-line old-record-id-doxlgJTdO25bVPaVNzZuWnwjish\" style=\"text-align: left;\" start=\"8\"\u003e\n\u003cli data-list=\"number\"\u003e\n\u003ch3 id=\"h_01HV8RH8VJTE753SZFE8KH3F2F\" class=\"heading-3\"\u003e  \u003cspan style=\"color: #de7802;\"\u003eAmendment and variation of Listing Document\u003c/span\u003e\n\u003c/h3\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgJRg2Fk4wYtm2ojt8ZfN7Ah\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eAn Issuer shall submit relevant information and supporting documents to HBML for any changes related to the Digital Asset or contents of a Listing Document. The changes should only be implemented and published after endorsement by HBML is obtained.\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"ace-line ace-line old-record-id-doxlg2H1gUJ8aEWig5BWJTkPZkg\" style=\"text-align: left;\" start=\"9\"\u003e\n\u003cli data-list=\"number\"\u003e\n\u003ch3 id=\"h_01HV8RH8VJ7SW7J4RDQR5A6GKG\" class=\"heading-3\"\u003e  \u003cspan style=\"color: #de7802;\"\u003eDistribution of Listing Document\u003c/span\u003e\n\u003c/h3\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgkDMq5hq4GnWAwsUcQGoVje\" style=\"text-align: left;\"\u003eListing Document shall only be distributed through such means as approved by HBML.\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VJ1ANBDPJ4GNVG8DHZ\" class=\"heading-1 ace-line old-record-id-doxlgtMyBEcEVWTyLvJcLdLqgwh\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart C – Continuing Obligations and Responsibilities of Issuers\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003ch2 id=\"h_01HV8RH8VJF6D09HYA4DWXD9FS\" class=\"heading-2 ace-line old-record-id-doxlgG3fQHV14GlDsqhPyrZCKAd\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 8Notification requirement\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003ch3 id=\"h_01HV8RH8VJ1KY6PJT3KT7ZNDTZ\" class=\"heading-3 ace-line old-record-id-doxlghTbYxyTtygU85HcP39VHkh\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e8.1Issuer’s obligation to notify\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgt5gJy5QnY3X6Zf4BquVBtf\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eAn Issuer has the obligation to immediately notify HBML of:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgRKTMGvRMpc89hzOLVBGrkb\" data-list=\"number\"\u003e\n\u003cdiv\u003eany change in control of the Issuer, including a change in any entity which controls the composition of the Issuer’s board of directors, controls more than half of the voting rights in the Issuer, or holds more than half of the Issuer’s issued share capital;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg8xnNFwaBkmxX3ahjo6liDf\" data-list=\"number\"\u003e\n\u003cdiv\u003eany material change in the Issuer’s corporate information, business and financial position;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgRAB0jgmOfmX3o0DEgKO0Kc\" data-list=\"number\"\u003e\n\u003cdiv\u003eany information that may reasonably be expected to materially affect market activity and/or price of any Digital Asset that it issues;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgNY2puo3eOCQpAmhUXGkt3b\" data-list=\"number\"\u003e\n\u003cdiv\u003eany change in particulars submitted to HBML in its initial application and Listing Document, including any change in any Digital Asset that it issues;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgeZJiXWD8lnrJmVNvCBidXg\" data-list=\"number\"\u003e\n\u003cdiv\u003eany proposed hard fork, upgrade, token migration, token split, token merge, rebranding, or airdrop;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgwYUMKlgIkUKeBYtAt2w0MG\" data-list=\"number\"\u003e\n\u003cdiv\u003eany regulatory action or court proceedings taken against the Issuer;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg5OdJhpgY44mOKhCuYUJlwg\" data-list=\"number\"\u003e\n\u003cdiv\u003eany statutory demand (or other equivalent demand to repay debt in the relevant jurisdiction) issued against the Issuer or its affiliates;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgHMvHMrcBv4gCQ1ohZqaH4b\" data-list=\"number\"\u003e\n\u003cdiv\u003eany other circumstances which may adversely affect the interests of Trading Participants holding the Digital Asset listed by the Issuer; and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg3gmXVeGIYZgu3vCwjPHjkh\" data-list=\"number\"\u003e\n\u003cdiv\u003eany other circumstances which may adversely affect an Issuer’s ability to carry out its obligations under the Exchange Rules or applicable laws.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VJSAPQ78CM917HC1JX\" class=\"heading-3 ace-line old-record-id-doxlgYZD0x5iLdLJm2li8W8rEeg\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e8.2Disclosure to the market\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgEzqjTYSNNDLhpgFFTP9bPb\" style=\"text-align: left;\"\u003eThe Issuers shall proactively liaise with HBML to publish on HashKey Global notifications to Trading Participants of the relevant material information for each Digital Asset, including providing Trading Participants with access to up-to-date offering documents or information, and providing Trading Participants with material information as soon as reasonably practicable to enable Trading Participants to appraise the position of their investments (for example, any major events in relation to a Digital Asset or any other material information provided by Issuers).\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VJHHBPM0YV8X8GNDAF\" class=\"heading-3 ace-line old-record-id-doxlg1RuCErYPzaxhrn1FaZXISb\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e8.3HBML’s rights to request information\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgeNh1OtJwP5DcKU1okQ755b\" style=\"text-align: left;\"\u003eHBML may make enquiries to, or request further information from, an Issuer regarding its Digital Asset from time to time. Issuers shall respond to such enquiries or requests of HBML promptly within the prescribed timeframe set out in HBML’s notice of request.\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VJ9WA688JTRYH65W33\" class=\"heading-2 ace-line old-record-id-doxlgnKaaT6lUU4ux3LvKLqXBwp\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 9 Payment of fees\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgdpc0ZAShwOizM0OWEH2ccb\" style=\"text-align: left;\"\u003eAll Issuers shall pay all fees associated with the use of HashKey Global as agreed with HashKey Global from time to time or so specified by HBML, otherwise HBML may delist its Digital Assets from HashKey Global.\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VJA2WV2Z4TPV61YE51\" class=\"heading-2 ace-line old-record-id-doxlgm3EuJvfTmlMyJtzOL5qN1b\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 10Financial information \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgR13HJVvbVxdCR83AZNtDiZ\" style=\"text-align: left;\"\u003eSubject to the type of Digital Asset and as notified by HBML, an Issuer shall submit to HBML its audited annual financial statements within 1 month from its issuance and/or a valuation report of the underlying asset to the satisfaction of HBML, and/or any other information reasonably requested by HBML.\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VJF72ESHDTKKJRFN0E\" class=\"heading-2 ace-line old-record-id-doxlg1BCp4YbYZGtBVHugMlwM3f\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 11Maintenance of eligibility\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgDlZL6F4h8ClVCQmiCIIiwb\" style=\"text-align: left;\"\u003eAs long as its Digital Asset is listed on HashKey Global, an Issuer has a continuing obligation to ensure the listing criteria and listing conditions (if any) are satisfied and that the Issuer is not otherwise prohibited from using HashKey Global by operation of laws or other regulations.\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VJ7G0K4D5H7M8AJ7GR\" class=\"heading-2 ace-line old-record-id-doxlgQbp1YhirpLtJ05TRJxK2zg\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 12Self-reporting \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgkS506MNEkR4arQiTOlsBpb\" style=\"text-align: left;\"\u003eAny obligation to report under these Exchange Rules shall be undertaken by an Issuer proactively without needing to be first demanded by HBML. In particular, the Issuer shall immediately report to HBML and cease trading on HashKey Global if it has reason to believe that it does not meet the listing criteria or listing conditions (if any), or is otherwise under an obligation to cease trading pursuant to applicable laws.\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VJFN760GD9KGTS3BW5\" class=\"heading-1 ace-line old-record-id-doxlg08L4E4LY36mt72ieRPFflb\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart D – Removal of Digital Asset\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003ch2 id=\"h_01HV8RH8VJAZ5XC4RCVGCFQB8J\" class=\"heading-2 ace-line old-record-id-doxlgQEWLuES3yrj3fwfGUkHgPg\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 13HBML’s power to remove a Digital Asset from HashKey Global \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgzhwTrf5WVFMh6z0cS9XLdd\" style=\"text-align: left;\"\u003eHBML may remove a Digital Asset from HashKey Global in accordance with the Listing Policy and Procedures or internal governance documentation.\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VJF2CEW2ZAWRBQ1K21\" class=\"heading-3 ace-line old-record-id-doxlgqDd9qezNcgeR3r7qetuxpc\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e13.1Relevant circumstances\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgtswETrss6bliGEqUHNVbLe\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eHBML may take into account the below circumstances while taking a decision to remove a Digital Asset from HashKey Global:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg0Bor7i7cRgyujBTINUSkme\" data-list=\"number\"\u003e\n\u003cdiv\u003eimplementation of new regulatory standards and other compliance issues;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgaevvdA5WOAXjLHum8EcnSb\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe Token or Project Team posed significant regulatory risks, including but not limited to, that the Token constitutes a “security” in a jurisdiction and HashKey Global is unable to and/or unwilling to prevent its users from that jurisdiction from holding and/or trading the Token;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgCGrQLUhHAnJqVg9r52LDFd\" data-list=\"number\"\u003e\n\u003cdiv\u003eblockchain or related technology becomes compromised or defective;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgQxVfuNSWHQnIy5n8q6nBKc\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe Digital Asset is no longer supported or maintained by the Issuer or others;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgq4rl4VggSc6YWFjgfHPyPE\" data-list=\"number\"\u003e\n\u003cdiv\u003ecomplaints by Users or other third parties, which are related to significant issues such as fraud;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgPqjIOndUi7sYkNKI2Fp8pg\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe relevant Issuer conducts or is involved in any illegal activity(ies) within any jurisdiction(s), such as money laundering, fraud or pyramid selling;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgyQ7LoubmFSStHrdWZkkBne\" data-list=\"number\"\u003e\n\u003cdiv\u003eany threatened, pending or active legal proceeding or Claim (whether civil, criminal, or administrative, formal or informal, or direct or indirect) against the Project Team;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgokbJ5dCNoQFRbzPWnTBdSd\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe relevant Issuer is suspected of manipulating the market and the circumstances are serious;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgcBs5p4QNeKrueNZ765eIdg\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe relevant Issuer’s team is unreachable within a specified period indicated to the Issuer;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgPVDC8LdJAoHjCq6ri95Bne\" data-list=\"number\"\u003e\n\u003cdiv\u003eany changes to project team members which HBML considers to have material adverse impact on the Digital Asset or the underlying asset or project;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgoUx19LjaCGOlDZtvAgOkMg\" data-list=\"number\"\u003e\n\u003cdiv\u003eany core member of the Project Team has been found of significant fraud or deception, including but not limited to, misappropriation of the raised Tokens, unknown whereabouts of the Project development team, cease to support the Project technology, intentionally concealment of material facts of the Project, disclosure or creation of materially fraudulent, false or misleading information;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgsgOM6WY89z4XofuvrohQ6e\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe dissolution of the project’s development team or resignation of core team members without the consent of the community, resulting in the inability to continue development;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgsRWiqpwKklobvqdcPNgZeh\" data-list=\"number\"\u003e\n\u003cdiv\u003ethere is a lack of liquidity in the Digital Asset’s market over a time period to be determined as appropriate by HBML;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgq74W1AZnMNzvW4IsHUndjb\" data-list=\"number\"\u003e\n\u003cdiv\u003eno order of the Digital Asset is recorded over a time period to be determined as appropriate by HBML after initial listing;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgrEL2jWVQVQ5G6Xxm4cEIGh\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe Issuer changes supply of the Digital Asset without giving prior notice to HBML;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgeV3laypjeKw7s6azrMw0Xe\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe Issuer unlocks the Tokens without fulfilling the commitment made in the whitepaper or in other forms;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgEfNDOysFihKUJLh9C9nGSd\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe Issuer conducts a hard fork, token migration, token split, token merge, and rebranding of the Digital Asset without giving prior notice to HBML;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgCQoCIHYLR21NFQ4sAGXu7d\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe Project Team has caused significant losses to HashKey Global and users caused by security issues in the main net or the contract, and the Project Team fails to reimburse HashKey Global for the losses and/or compensating its users for the losses that they suffer;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg1ZJxKcoEj45OpT8SbkpDec\" data-list=\"number\"\u003e\n\u003cdiv\u003eother risks and hazards exist in a Project, such as hacking, coins stealing, concealment of additional issuance, and double spend attack;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgilMsbKOL8OwA1BYQcdafYs\" data-list=\"number\"\u003e\n\u003cdiv\u003emarket cap of the Digital Asset drops below USD 1,000,000.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgh5ofWMBOOAW6NuzvOPqCde\" data-list=\"number\"\u003e\n\u003cdiv\u003eHashKey Global’s daily average transaction volume of the Digital Asset is less than USD100,000 or other equivalent tokens for more than 30 days;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgST5mw2tPpcvxzNWgRZPWFg\" data-list=\"number\"\u003e\n\u003cdiv\u003ethere is no immediate action taken or solution given by the Issuer in the event of any crisis, as deemed by HBML, that is causing detrimental impact to HBML, HashKey Global and/or the Trading Participants, including but not limited to, discovery of inaccurate information, technical issues on the Digital Asset, security breach, etc.;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgPXFWJAIbGRZKZXoQWjaK3f\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe Issuer conducts any activity(ies) that damages the reputation of HBML or HashKey Global, and adversely affecting the Trading Participants’ interest;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgeABqho9wLYkXUnGaBzWHOd\" data-list=\"number\"\u003e\n\u003cdiv\u003ebreach of these Exchange Rules which the breach cannot be or has not been cured within 14 days; or\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgVHgeJP5yfWtYVigC7RhGsg\" data-list=\"number\"\u003e\n\u003cdiv\u003eother circumstance(s) that, in the sole discretion of HBML, is/are sufficient for removal of Digital Asset from HashKey Global, including any circumstances which causes the Digital Asset to be no longer eligible or appropriate to continue to be listed, and at the request of the BMA or applicable authorities.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VJ9PE1SAD11CSCE0ND\" class=\"heading-3 ace-line old-record-id-doxlgiD1lGBEW3PqK4Oo82fZMjc\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e13.2Removal of Digital Asset from HashKey Global Warning\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgcHoyFJWWPJcZNfw3sOau5e\" style=\"text-align: left;\"\u003eWhere appropriate and feasible, a warning (verbal or written) would first be given to the Issuer if any of the above events took place. A reasonable time period, usually about 14 days, would be given to the Issuer to mitigate and/or remedy the problem to the satisfaction of HBML. Failing which, HBML will take actions to remove the Digital Asset.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgXBD4UsaOW2fda5yoVQ7c7g\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VJFRW9YKF2VJCTW8YZ\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 14Removal of Digital Asset from Platform request\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgnjI1fdxfur1DLBdPMRowC9\" data-list=\"number\"\u003e\n\u003cdiv\u003eAny person, including the Issuer, may request HBML to exercise its power to remove a Digital Asset from HashKey Global. Nonetheless, the decision to remove a Digital Asset shall be made in the sole discretion of HBML taking into account the circumstances set out in Section 13.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgIU8hEoE6G1hwbcJgCvZV2b\" data-list=\"number\"\u003e\n\u003cdiv\u003eThe request should contain the following information:\u003c/div\u003e\n\u003col class=\"list-number3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgulMdvE4PkRSu1bSXlKr8Wg\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe Digital Asset involved;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgvoEIcB2PPkQO7T8VFneTWc\" data-list=\"number\"\u003e\n\u003cdiv\u003edetails of any circumstances which warrant a removal;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg2NpJJMyYeExeWEKz5CMqZf\" data-list=\"number\"\u003e\n\u003cdiv\u003ecopies of any documents that provide evidence that supports the request; and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg5wqvauTeCKISNDi1UDhQSh\" data-list=\"number\"\u003e\n\u003cdiv\u003ename, email address and telephone number of the person submitting the request.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKBFBQ5J2XXKFDBMWW\" class=\"heading-2 ace-line old-record-id-doxlg48JKXecSX0bBdyOg1ujV1b\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 15Removal of Digital Asset from HashKey Global Notification\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgOQil2DPXcRQzk7CBPXn6ic\" style=\"text-align: left;\"\u003eHBML will notify Users for removal events by sending system messages and issue a removal announcement on HashKey Global’s official website and the trading portal for Digital Assets or projects that trigger the removal condition 7 days in advance. Any pending order received before the announcement date shall be executed within such period.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgP90YdWe7YUkkkla1Q65V4b\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VKG8VXZAZBVCP5WS2A\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 16Withdrawal of Client Money and Digital Assets upon removal \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgO25Z7Q4q5y3pvy4F3E9FLc\" data-list=\"number\"\u003e\n\u003cdiv\u003eWithin 30 days from the date of removal announcement and where possible, Trading Participants shall transfer the relevant Digital Asset to their personal wallets or other trading platform accounts. Trading Participants should ensure that their personal wallets or other trading platform accounts support the relevant Digital Asset. HBML shall not be responsible for any loss or damage sustained by the Trading Participant arising from, or related to, the use of incompatible wallets or accounts. In certain instances for technical or compliance reasons HBML may decide to shorten the withdrawal period.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg9lmOaYcbtd7SI64M1nbWxi\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will provide reasonable notice regarding the withdrawal on HashKey Global’s official website and the trading portal. HBML is not liable for any loss or damage sustained by Trading Participants in circumstances under which a Trading Participant for any reason fails to withdraw the delisted Digital Asset before the deadline or fails to withdraw the Digital Asset due to events outside of HBML’s control.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKPZAP06SHP5NPYY7B\" class=\"heading-2 ace-line old-record-id-doxlgODaTwH9JmUgUNJ3bE9wWqf\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 17 Transfer of Listing\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgmuiQ10w61o5fG4X3Rn6npb\" style=\"text-align: left;\"\u003eAn Issuer who wishes to conduct a transfer of listing from HashKey Global to another Digital Asset exchange platform will be treated as a removal and the Issuer shall submit a removal request in accordance with Section 14.\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKJQ78QKNNKSG8MHV5\" class=\"heading-2 ace-line old-record-id-doxlgDLTZT45M2R7mx5ntrs0we9\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 18Relisting\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgKnqFMiJRvRu4QNeguKVNMd\" style=\"text-align: left;\"\u003eAn application for the listing of a Digital Asset on HashKey Global which was previously listed on HashKey Global will be treated as a new application for listing.\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VK0V0SF3ESPNWK0JXN\" class=\"heading-1 ace-line old-record-id-doxlgtFCHiBgjNEBzbYHMkbhBbf\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart E – Trading Participants\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003ch2 id=\"h_01HV8RH8VK9Q5NHM616FM5MYJ2\" class=\"heading-2 ace-line old-record-id-doxlgsw6hyTViscE57qxOZveVib\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 19Type of Trading Participants\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgZF6Po0AusIVoDh6GXjuXOd\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eTrading Participants must submit and execute Orders at HashKey Global through their Accounts and include the following categories:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgO4LXTLnVLW9WKwuvfHGomd\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eEntity Investors\u003c/strong\u003e: corporations or institutions.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgJ6yQaLCfXQ1nb0PT2AHBGg\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eRetail Clients or Retail Investors\u003c/strong\u003e: any person other than an Entity Investor.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKZRPJ5D0ZHD5HYAX0\" class=\"heading-2 ace-line old-record-id-doxlgLwcQguadgYjZjMcZ3mapjf\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 20Eligibility\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003ch3 id=\"h_01HV8RH8VK2HNN310C8SESPMTS\" class=\"heading-3 ace-line old-record-id-doxlg81sPsO7hHVzrwRmf4hj4fe\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e20.1Individuals and institutions \u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgr4fhSBfSNo7L3iJoPUshPh\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eTo be eligible to be registered as a Trading Participant, the person or entity must:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgZKTUe104JIfsy33lpRXapf\" data-list=\"number\"\u003e\n\u003cdiv\u003eacknowledge and agree that the products and services of HashKey Global may be provided by HBML with the support of its affiliates;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgOgrzNDvhZv4K445Sxus0qb\" data-list=\"number\"\u003e\n\u003cdiv\u003ebe a natural or legal person or other body corporate with full legal capacity and authority to enter into this Agreement;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg6R8LYnUmVYPlcP27ywPOdf\" data-list=\"number\"\u003e\n\u003cdiv\u003ein the case of an individual, be at least 18 years old or of legal age specified by applicable law in your jurisdiction of residence for a binding contract;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg0TfSca8Sfdx6bRqH6PLmL7\" data-list=\"number\"\u003e\n\u003cdiv\u003ein the case of an authorized person entering into these Terms on behalf of a body corporate, have all the necessary rights and authorities to bind such body corporate;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg6aOF9eBXGP1tW3OELNXiGd\" data-list=\"number\"\u003e\n\u003cdiv\u003enot be a citizen of, resident of, or located in, any of the non-prohibited jurisdictions published on the official website of HashKey Global from time to time, or any jurisdiction where trading in the relevant Digital Asset is not permissible under applicable law, or reside in a country where the relevant products and services are inaccessible;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgcHkDsaIYtECt3NR7iG9aPe\" data-list=\"number\"\u003e\n\u003cdiv\u003ehave passed all compliance checks by HBML (including but not limited to KYC, AML and countering the financing of terrorism, and risk tolerance);\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgbUysy1LqCMh2QIK2CtMXvc\" data-list=\"number\"\u003e\n\u003cdiv\u003enot be a Proscribed Person; and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg98eE6QopNLUBzvPDBNzcpf\" data-list=\"number\"\u003e\n\u003cdiv\u003ehave not previously been suspended or refused from using services provided by HashKey Global.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VK39NGH0FA0JWE30DX\" class=\"heading-3 ace-line old-record-id-doxlgfkfTD8O6Cq0Ek1fEuW20fg\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e20.2Other criteria\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgKvxAMBAQpt6jsyubIyP0MV\" style=\"text-align: left;\"\u003eHBML may from time to time change or impose additional criteria regarding the eligibility of Trading Participants without prior notice.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgDf4Gde5IjGB7UKSj6ItIEb\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VK47V37W6VKZN69HBK\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 21Application procedure\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg1RwStEEp8NQe7cCpAZPLsb\" data-list=\"number\"\u003e\n\u003cdiv\u003eAn application to register as a Trading Applicant may be made by following the process as set out in the Account Opening and Trading Rules.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgvAzvABO23XpD5QsAtzModH\" data-list=\"number\"\u003e\n\u003cdiv\u003eAfter receiving all the required information, HBML will review the submitted information. During this process, HBML may ask for additional information from the Trading Applicant. The review will normally take 3 Business Days but may be longer depending on the circumstances. After the review, HBML will send feedback to the Trading Applicant by email.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgWUy5FTP9k5ML3IWYjZ8yec\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgqqqBvtj9Lrj4hjWtpurxT4\" data-list=\"number\"\u003e\n\u003cdiv\u003eOnce an application has successfully passed HBML’s review, the Trading Applicant’s initial account will be formally converted into a client account capable of trading.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgPkBpPDTnhMafwllum06Yof\" data-list=\"number\"\u003e\n\u003cdiv\u003eA Trading Participant is not allowed to open multiple accounts, unless these are in the form of sub-accounts.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg9YNOhgEG2QtmXPo2pfwZ3f\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VKA4WQGPGEE474GK40\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 22Document and information required\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgjRLTPjvAaSiYm3PrsTGrAc\" data-list=\"number\"\u003e\n\u003cdiv\u003eFor the purposes of HBML’s KYC and AML processes, HBML may require a Trading Participant or Trading Applicant to provide the following information:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgEDgE5q8XU4OFFBHdHctyif\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgyHXhTYtBKIbo2eqcbGxkNd\" data-list=\"number\"\u003e\n\u003cdiv\u003eDocumentary evidence of the Trading Participant’s or Trading Applicant’s true and full identity, and his/her financial situation, investment experience, investment objectives and beneficial ownership information.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgtw3weix2rE6JknZXxdgPgd\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhere a Trading Participant’s or Trading Applicant’s IP address is masked (for example, where access is via a virtual private network), the unmasked IP address, or else HBML may decline to provide services to that Trading Participant or Trading Applicant.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgmpC4lR5EvZXy5qz2jkc8ic\" data-list=\"number\"\u003e\n\u003cdiv\u003eInformation regarding the Trading Participant’s or Trading Applicant’s business and risk profile and conduct ongoing due diligence on the business relationship, including wherever relevant an IP address with an associated time stamp, geo-location data, device identifiers, Digital Asset wallet addresses, and transaction hashes.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgC4GSA4q3jOprJYOeJOeyod\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlghJzngCZF3a5xDcTig26KQe\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML may also from time to time request information and documents to ascertain the identity, address and contact details of:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg9YcH5zdon7sohqhWxUCLnq\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgmJuFIT34qIDn4D0l9EViQd\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe person or entity (legal or otherwise) ultimately responsible for originating the instruction in relation to a transaction;\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgls1AQJ13vfqbrePPXGAZUb\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgbag0UBC050RwWU9YJXV2Sf\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe identity, address and contact details of the person or entity (legal or otherwise) that stands to gain the commercial or economic benefit of the transaction and/or bear its commercial or economic risk; and\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgnEDPrDQW6MRzQ6APMjzkGg\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgSBQ8NydLiFpaFkzybYMwjf\" data-list=\"number\"\u003e\n\u003cdiv\u003ethe instruction given by the person or entity referred to in paragraph (b)(i) above.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg6mchLjVApRpwv6u0Klrxhd\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg6z4Eza8CUFSDWXR2PvUTxg\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhere incomplete or suspicious information is provided, HBML reserves the right to reject, suspend or terminate the business relationship with the Trading Participant or Trading Applicant (as appropriate).\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgEA0k8b7xP4AVtpYsX1z6Sg\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VKH3ZZDR1P32EYGJBE\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 23Declaration, undertakings and deposit requirement\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgeODQ2layrrNQquyouy9iDb\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML may require a Trading Applicant to make a declaration or undertaking in respect of his/her application.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgRbGu6eX4sFlmEnI4NQ2o2b\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML may require a Trading Applicant to deposit a sum of fiat currency to HBML’s designated bank account from his/her bank account with a licensed bank in Bermuda or supervised by a banking regulator of an eligible jurisdiction indicated by the BMA for remote onboarding, in order to verify the bank account information prior to the first trade. No interest will be paid on such deposit. The deposit will be credited to their ledger balance after the on-boarding procedures are completed.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKQ5XDQHKYCTXXAMJQ\" class=\"heading-2 ace-line old-record-id-doxlgpYlbHL7kowowt8kFhyeI1b\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 24 HBML’s decision\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003ch3 id=\"h_01HV8RH8VK0XC02TDEAJWKGQS7\" class=\"heading-3 ace-line old-record-id-doxlgJNUtda2MuYFM2SqeBfU3ch\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e24.1Decision subject to receipt of all required information\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgSaLDK3Ljcj9pSNvVRekDpb\" style=\"text-align: left;\"\u003eHBML will only process the application after all of the requested information and documents are received in the condition in its sole satisfaction.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgF8BX4npGSoUTA92hYukxEj\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch3 id=\"h_01HV8RH8VKJGRB85NE88K04XSG\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003e24.2Approval conditions\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgOw7fuVGE2VETPGL8IF4lee\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML may impose conditions when approving a Trading Applicant’s application which it considers appropriate, and vary or revoke the condition(s) when deemed necessary.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgoxozMQbi6euYVgmWmzkoad\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML and each Trading Participant, shall enter into a written client agreement which includes a provision stating that:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgTe1iPNdxXzOrJX9lEEEYZc\" style=\"text-align: left; text-indent: 2em;\"\u003e\u003cem\u003e“In conducting any Digital Asset trading business activities, if we [ HashKey Bermuda Limited] solicit the sale of or recommend any product including any Digital Assets to you [the Trading Participant], the product must be reasonably suitable for you having regard to your financial situation, investment experience and investment objectives. No other provision of this agreement or any other document we may ask you to sign and no statement we may ask you to make derogates from this clause.”\u003c/em\u003e\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKQ608CXMZ2XNANNFX\" class=\"heading-2 ace-line old-record-id-doxlgDR2WSXc1bAuDP52fg3l7Cb\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 25Deleted\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003ch1 id=\"h_01HV8RH8VKRAAS21K9ER4CS3N7\" class=\"heading-1 ace-line old-record-id-doxlggvW5eOUgjNmaNhKiFSAowg\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart F – Account Opening and Trading Rules \u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg1jLRY9yl9vHMMtxChBlPKu\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VKPSVMESV0N62AKJ27\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 26Trading on HashKey Global\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgU0Sb2saNyj0y3CjzjC0w6b\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will follow the trading rules and trade verification procedures, which are briefly outlined below and as set out in detail in the Account Opening and Trading Rules, to provide Trading Participants with high-quality Digital Asset trading services and a first-class trading experience.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgjHgaipDv2wWSv41c6XSDlf\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhen the trading rules change, HBML will inform Users as soon as possible by system notification and announcement on HashKey Global’s official website.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgpfUJzrDRm571kanyIDA5EE\" style=\"text-align: left; text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg1yaS9nw3ucyewHXLzdtjvh\" data-list=\"number\"\u003e\n\u003cdiv\u003eUpon becoming aware of events such as hard forks and airdrops, HBML will notify Trading Participants as soon as practicable.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKB8CVJR8W4NTCWAD6\" class=\"heading-2 ace-line old-record-id-doxlgq7JtftMSOWTYlZVhpanoXf\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 27List of assets traded\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg7NAVu8dg6Yij4LURx2ZcWh\" style=\"text-align: left;\"\u003eThe list of Digital Assets traded on HashKey Global is published on the official website of HashKey Global and will be updated from time to time.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgj0qLkakQ9IE8JkoMu5QxEg\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VK0B7YCN976ZRV8HTQ\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 28Permitted investors only\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgg02YsKEGSWyznvEHflSdcc\" data-list=\"number\"\u003e\n\u003cdiv\u003eIf a Trading Participant is an entity which in turn provides services or products of HashKey Global to its clients, such Trading Participant must satisfy HBML that all such clients and end users of HashKey Global are permitted investors under applicable laws.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgvycKVtx9z8dUoZjwPHvdsh\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VKYB77DS2RNKH8K087\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 29Pre-funded trades only\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgBad5wYl4Y6kkdZkd2MSF9f\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will only execute a trade for a Trading Participant if there are sufficient Digital Assets and/or fiat currencies in the Account to cover the intended trade.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgIA9NhmAiIqQQBw595zLcUf\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will not support trading outside HashKey Global and routing of Orders to other trading platforms or exchanges.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgUZGs4sy4qasZS0WzDVrP0n\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VKGZ8P01080CF6C89Q\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 30Trading channels\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgfB9CQ9xCRVg5BsMURn0zJc\" data-list=\"number\"\u003e\n\u003cdiv\u003eTrading Participants should place an Order on the trading portal of HashKey Global.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgcmBvJWKt9ftoHs2TdPd83n\" data-list=\"number\"\u003e\n\u003cdiv\u003eIf a Trading Participant elects to place an Order through the API provided by HashKey Global, the API information and specifications can be found on the HashKey Global official website.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKMD69YT4GXTRM2Q3J\" class=\"heading-2 ace-line old-record-id-doxlgz8MTDtErRjBWvqCNLK075b\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 31Trading time\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgPzB1Z7NqRvbXoEnD8P2Q7L\" style=\"text-align: left;\"\u003ePlease refer to the HashKey Global official website for trading time.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgFLD3yrKQmM9vp7rQp21dXz\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VKCQHQ8DXTVC87NZ6S\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 32Limits and price limits of an order \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgKkY0p1rA7YtfnIa6Wjwzgc\" data-list=\"number\"\u003e\n\u003cdiv\u003eAs part of the account opening process, the Trading Participants’ risk tolerance would be evaluated in the categories of “conservative”, “cautious”, “moderate”, “active” and “aggressive”.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgDZu26lqM5F0mw6fHNmMCjc\" data-list=\"number\"\u003e\n\u003cdiv\u003eTrading Participants can trade on HashKey Global only if their risk tolerance is higher than the level of \"moderate\", i.e. \"active\" or \"aggressive\". Different Types of Trading Participants with different risk tolerances will have different limit as set out in the Account Opening and Trading Rules.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKGQ4H8NB0XG7RG3R3\" class=\"heading-2 ace-line old-record-id-doxlgP7VISba84HJwTLMkJ0AOSc\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 33Trading pairs\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgpxT2mxJKaPI0s5dnGQ4nyf\" style=\"text-align: left;\"\u003eThe list of trading pairs is published on the official website of HashKey Global.\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKYF7CH49BB2R7VAD2\" class=\"heading-2 ace-line old-record-id-doxlgAMNIoCvtZZA5RC8RPpQ8Sg\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 34Order types and Order time limit\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgM5n2G5X7hGQunCUL1xNkyh\" style=\"text-align: left;\"\u003eAn Order can only be submitted by a Trading Participant to HBML on HashKey Global.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgoF3S0Kypk9l6kQiyfLW6rh\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch3 id=\"h_01HV8RH8VK6REJ1NH6XPQ63T3Q\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003e34.1Type of Orders \u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgsGGgsAKr5nhGWC6IQddbMb\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eMarket Order\u003c/strong\u003e:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgfqYMbw3k7DXLC4lgAtXT4d\" style=\"text-align: left; text-indent: 2em;\"\u003eA market order is an order that does not specify a price. It is executed immediately upon entry. The size of the order that can be filled is dependent on the following conditions: \u003c/div\u003e\n\u003cul class=\"list-bullet1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgpWsZNMKxNxuZviTTeeJuwd\" data-list=\"bullet\"\u003e\n\u003cdiv\u003ethe amount of liquidity available \u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg5FRqFRroIaYpeSqfUTGTmj\" data-list=\"bullet\"\u003e\n\u003cdiv\u003ethe price of the matching liquidity does not exceed the price band of the last executed price \u003c/div\u003e\n\u003c/li\u003e\n\u003c/ul\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlg2dIgm1Sxr8Lv6VjvQkVn3g\" style=\"text-align: left; text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eAny unexecuted portion of a market order is cancelled immediately. \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgT0wPlWENPeI6YMbIS56Ace\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eLimit Order\u003c/strong\u003e: A limit order is an order that specifies an execution price. The fill price of a limit order cannot be higher/lower than the limit price if the order is a buy/sell order.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgPoiYAd8EjKvDrMUvD0unEb\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch3 id=\"h_01HV8RH8VKQBSKBP95DMH2R817\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003e34.2Order Time Limit\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgNVJSW5oyv6kjGPu31R5aIc\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eValid Until Cancelled (GTC—Good Till Cancelled)\u003c/strong\u003e:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgepvdeShG977TMsDsWLhgAh\" style=\"text-align: left; text-indent: 2em;\"\u003eClient GTC orders will remain valid until any of the following events occurs:\u003c/div\u003e\n\u003cul class=\"list-bullet1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgZNtFg7tMUzbiuQ1TY57ffg\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eAll the Orders are executed.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgJwypPqvY1e1Melkxz8Uyhf\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eTrading Participants cancelled their Orders.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlglhmF5Cd8A5CqVhy1vua7Ab\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eOrders are cancelled by the system. (For example: product removal)\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ul\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgOmcE6fGGYyYNVJRcv8tqqg\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg9bzwG0bR1oMyqK1s0A9UGf\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eExecute Immediately or Cancel (IOC—Immediate Or Cancel)\u003c/strong\u003e: An IOC order is executed immediately. Any portion of an IOC order that cannot be filled immediately will be cancelled.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKZQ0QHNS7S01YST3M\" class=\"heading-2 ace-line old-record-id-doxlgRlT6mbqYMmDI46uzOINN9f\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 35Order execution methodology \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003ch3 id=\"h_01HV8RH8VK784F64X9WE18QTQF\" class=\"heading-3 ace-line old-record-id-doxlgM5XrWQFImELalSffzc120c\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e35.1Order Verification Rules\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgo7PeHsWLbDQ07xs1fPAsGf\" style=\"text-align: left;\"\u003eTo mitigate potential user mistakes in order placement, HashKey Global adopts a transaction confirmation mechanism. The time involved below is expressed in time zone, i.e. UTC + 0 time.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgnc6yG9Sf5rfVjiuNhcAHug\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eWhen a Trading Participant places an Order, the HashKey Global platform will provide the User with following information:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgPV4z4OfAHspkgT5kQeZAxe\" data-list=\"number\"\u003e\n\u003cdiv\u003eOrder details:\u003c/div\u003e\n\u003col class=\"list-number3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgVbKTUuoXQOGY9vEInMitb4\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eOrder type\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgHCwpDmEZGSWfxk7J4ySgOe\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eProduct\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgZyUav36yaUZfGM7fjD8Hag\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eQuantity\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgwNi4BJgykGzQ9vUVL3J2eg\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eOrder time limit\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlguETb7CklBCR0PtsgsRJrGe\" data-list=\"number\"\u003e\n\u003cdiv\u003eOrder estimation:\u003c/div\u003e\n\u003col class=\"list-number3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgbefNFawrZyVVVrruUeIS8b\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eTransaction fee\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlggWJTuPQvhnsFrUkA6VLvYf\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eTransaction net amount (after deduction of transaction fee)\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgYbdLnOcIIRVuM2tQ3mIv2A\" style=\"text-align: left;\"\u003eOnce the transaction is executed, it cannot be cancelled. \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgIdJHKWhzNpmXpgu53Vp80f\" style=\"text-align: left;\"\u003eWhen the Order is successfully completed, the Trading Participant can review the following information about the Order on the platform:\u003c/div\u003e\n\u003cul class=\"list-bullet1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgpkTQXbx9YltO2UGzXeBFRc\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eExecuted Time\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlghGWJmZSzNszHShFqWGtJkg\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eTrading Symbol Name\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg1zsZQYcpRqfbur9H1NU3Qb\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eDirection of the trade\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgiPXBxgWrESgO50eXbwpxVh\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eExecuted Price\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgIXDdNTNit8LrshvC3uLJBc\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eExecuted Volume\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgGMe1oE14iKL7GK7PPguLBe\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eFees\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgK32HuxqY9KSQEVboIwFgyf\" data-list=\"bullet\"\u003e\n\u003cdiv\u003eTotal Volume of the order\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ul\u003e\n\u003ch3 id=\"h_01HV8RH8VKC4CXP420YHFF7661\" class=\"heading-3 ace-line old-record-id-doxlgRDnv41SQzwJGPLyR4v5VPd\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e35.2Order Priority\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgCpUjLiOab202qrKtcpDdBh\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eThe orders of the HashKey Global platform are matched in the trading system according to price and then time priority;\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgoXShp03w4xIpMCnwgbKt8d\" data-list=\"number\"\u003e\n\u003cdiv\u003ePrice Priority: Bid orders with higher prices are ranked higher and ask orders with lower prices are ranked higher.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlghbWwBfTU51cGma975SFAci\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgHRKhjfFORO6PsiThqDIZqb\" data-list=\"number\"\u003e\n\u003cdiv\u003eTime Priority: Orders with the same price are ranked by their arrival time stamp. The earlier the order arrives at HashKey Global, the higher the ranking of the order.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgQD9zNbvQvTLBeQrKSFNVZR\"\u003e \u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgmUyN57bCMYXX6elumMU9kb\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch3 id=\"h_01HV8RH8VKN3CMMVBWSDSKVH1N\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003e35.3Execution of Order\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgsYFd9pNoXoPTfYfGwcxIeh\" data-list=\"number\"\u003e\n\u003cdiv\u003eThe procedures by which an Order is executed is set out in the Account Opening and Trading Rules.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgIIOyFQ7qWswMBTBHyiFLod\" data-list=\"number\"\u003e\n\u003cdiv\u003e(i) When you place a limit order, HashKey Global will freeze the amount of asset that is involved in the order plus trading fee, i.e., either the maker or the taker fee, whichever is higher.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlglA6gV9MhFKPjxkJuVqWEFg\" style=\"text-align: left; text-indent: 2em;\"\u003e(ii)   When you place a market order, HashKey Global will determine if the available balance in trading account exceeds the total trading amount plus all necessary fees. Order entry will be blocked if the condition is not met.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgzeFqmnJrSEud26ZAOSW4ac\" style=\"white-space: pre; text-align: left; text-indent: 2em;\"\u003e(iii) When a buy order price and a sell order match in price, the maximal size of either orders that can be matched at the price will be executed. An order may be executed with multiple matching orders.\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VKQ9CC5H7ZVJY9HWSK\" class=\"heading-3 ace-line old-record-id-doxlg87MjAi3NMGnmUc6lKe7p2c\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e35.4Cancellation and amendment of Order\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgiy52Dig6QaOUuK4D7pQ8Dd\" style=\"text-align: left;\"\u003eTrading Participants may submit a request to cancel any of their orders that are not fully matched on HashKey Global.\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VKMWT7SDB0ED9H85A7\" class=\"heading-3 ace-line old-record-id-doxlgiuldUYgDCtYZlcDPSVfGef\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e35.5Conflicts of Interest\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgpTK7PaTlvCmnCh4404cUtf\" style=\"text-align: left; text-indent: 2em;\"\u003e(a) HBML may provide services to employees of HBML and its group companies and affiliates who can qualify to trade on HashKey Global (each referred to as a “Connected Party”).\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgSxHbr3PwSZflXsRgQ144Lb\" style=\"text-align: left; text-indent: 2em;\"\u003e(b)  Trading Participants’ interests are crucial to HBML.  In order to prevent conflicts of interest, HBML adopts the following best execution principles:\u003c/div\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgkThUyBN4i2Q3opivM9g6gA\" data-list=\"number\"\u003e\n\u003cdiv\u003ePrice: Bid orders with higher prices are ranked higher and ask orders with lower prices are ranked higher.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgK7bPwFvCeVurj7TvXZ7i7e\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgtevDVRd5ekJH5s7LDhlVvd\" data-list=\"number\"\u003e\n\u003cdiv\u003eTime: Orders with the same price are ranked by their arrival time stamp. The earlier the order arrives at HashKey Global, the higher the ranking of the order.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgzJDCow9CNOn5dhNPFGtboh\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgQVHQe20RiDEin2rELvzAuj\" data-list=\"number\"\u003e\n\u003cdiv\u003eCustomer first: Where a Connected Party and a Trading Participant place Orders for the same Digital Assets at the same time and at the same price, Orders of Trading Participants have priority over Connected Party' Orders.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgsXhUMKUYtUZG6AsP2K5dOe\" style=\"text-align: left; text-indent: 2em;\"\u003e(c) In addition, HBML has internal governance documentation that regulates conflicts of interest. Such documentation applies to (including but not limited to) all employees and short-term and long-term consultants of the company. Once employees find a conflict of interest, they should report to their immediate supervisor or the compliance department of HashKey Digital Asset Group Limited immediately.\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKPB1N0AJYWSYG686B\" class=\"heading-2 ace-line old-record-id-doxlgoO3BE6S7Op4eheNPHHoNNd\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 36Depositing and withdrawing Client’s fiat currencies and Digital Assets\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003ch3 id=\"h_01HV8RH8VKHD7HAP81MDEZ3A8H\" class=\"heading-3 ace-line old-record-id-doxlggxMbG9iZQVxdOnGG41fOug\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e36.1Deposit/Withdrawal Procedures\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgsbSJSRKHzBm0KRpkU0kHEb\" style=\"text-align: left;\"\u003eTwo-factor authentication must be enabled before Trading Participants can deposit and withdraw Digital Assets in their HashKey Global account. The steps for deposit and withdrawal of Digital Assets are set out in the FAQ of the official website of HashKey Global.\u003c/div\u003e\n\u003ch3 id=\"h_01HV8RH8VKGF0W7SJ481WMAJ5B\" class=\"heading-3 ace-line old-record-id-doxlgig31L42GoF15Js2SOMGKFc\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e36.2General Rules for Deposit/Withdrawal\u003c/span\u003e\u003c/h3\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgJJlchYYQr4OveqqFbfnGKg\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003e(i) Deposit of Digital Assets:\u003c/strong\u003e For deposit via personal wallet, the deposit transaction will be processed when a certain number of confirmations are reached and has completed HashKey Global’s internal review. The deposit will then be credited and displayed automatically displayed on client’s account.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlguhKCukvmvkRjBaprFG4uNc\" style=\"text-align: left; text-indent: 2em;\"\u003eWhereas for deposit via Third Party Exchange, the deposit transaction will also require HashKey Global’s internal review, which is subject to FATF’s Travel Rule Requirement.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgoZz6uZkWT8QuAP0k1ek7fc\" style=\"text-align: left; text-indent: 2em;\"\u003eUsers are reminded to enter the correct deposit address as confirmed transactions on blockchain may be irreversible.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgZmSesljLWuKfFmijVX2cWf\" style=\"text-align: left; text-indent: 2em;\"\u003e\n\u003cstrong\u003e(ii) Deposits of fiat currencies (if and when applicable): \u003c/strong\u003eDeposit transaction will be processed after the funds are received and cleared by our designated bank. The deposit will then be credited after it has completed internal review and displayed on the client's account.\u003c/div\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgIqAwcqnsNjkylihqSxDMPS\" data-list=\"number\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003e(i) Withdrawal of Digital Assets:\u003c/strong\u003e After the withdrawal application is accepted, the confirmation will be sent to the requesting Trading Participant which delivery time will depend on the speed of the blockchain network. Therefore, the time for the requesting Trading Participants to receive the requested Virtual Assets may vary from a few minutes to several hours or longer.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgikOwn2ghzTUgovhVnbsxch\" style=\"text-align: left; text-indent: 2em;\"\u003eThe Trading Participant should make sure the correct address is entered. Otherwise, HashKey Global may not return the Client’s Digital Assets.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgKOp0UaLuIpzKqUHc5OBFOe\" style=\"text-align: left; text-indent: 2em;\"\u003e\n\u003cstrong\u003e(ii)\u003c/strong\u003e \u003cstrong\u003eWithdrawal of fiat currencies (if and when applicable):\u003c/strong\u003e After the withdrawal application is accepted, the request amount will be accredited in the Trading Participant’s bank account after processing by our designated bank, however, this may be subject to the bank’s procedures.\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlg75CBkOARAyJyixUPrgJbUf\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgmA4TXIGhc09Z9TBATNocPe\" data-list=\"number\"\u003e\n\u003cdiv\u003e\u003cstrong\u003eNumber of block confirmations for successful withdrawal application:\u003c/strong\u003e\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgTJhHUVngp1HCQulhAw9jlL\" style=\"text-align: left; text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eBlock confirmation depends on network conditions. Delays may occur due to network congestion.\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"4\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgschFAYTRkRwBGFFeXdPWKe\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML and Associated Entity will not conduct any deposits and withdrawals of User’s Digital Assets through any wallet address other than an address which belongs to the User and is whitelisted by HBML and Associate Entity, except under permitted circumstances specified by applicable authorities.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgCien6BbqGlHjoeQBCk0ysd\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VK76Z51J04QKJ11PSG\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 37Restricting, suspending, rejecting or cancelling Orders\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgNj1xzzSmeFcjIt8GRVofKh\" data-list=\"number\"\u003e\n\u003cdiv\u003eIn order to maintain the fair and orderly operation of HashKey Global, HBML may take the following actions as it considers appropriate:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgAKGnwWALhWV5u7T8uGrDvc\" data-list=\"number\"\u003e\n\u003cdiv\u003eRestrict or suspend trading of a Digital Asset on HashKey Global;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgvYLKilYB7UTtEWzlbVHawc\" data-list=\"number\"\u003e\n\u003cdiv\u003eReject or cancel any Orders; or\u003c/div\u003e\n\u003col class=\"list-number2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg54vTAC6gZNbJuGZRx7YcAf\" data-list=\"number\"\u003e\n\u003cdiv\u003eFreeze any accounts.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgpcl0zGWWcPMv8SxfGhBqxh\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML may exercise its power under Section 37(a) in the following circumstances:\u003c/div\u003e\n\u003col class=\"list-number3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgaJjJNc4CWujTvC3A4kkxXg\" data-list=\"number\"\u003e\n\u003cdiv\u003eMismatching;\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgC1jmYnDDg03vJKlNpRkY6b\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgkgeSoYL4ke3z7jzWwOp5Bb\" data-list=\"number\"\u003e\n\u003cdiv\u003eUpon notice of any information that may reasonably be expected to materially affect market activity for and the price of any Digital Asset;\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgLFkTIs1xUJZJ2MERlfwUiS\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgJQs5Iq01RGSaytIY79ox8p\" data-list=\"number\"\u003e\n\u003cdiv\u003eUpon discovery of any market manipulative and abusive activities; or\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgSDsYNb2k9zoZ7R8zwjjRSc\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"4\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgNhTV4kj2mwWFssO6KPccJg\" data-list=\"number\"\u003e\n\u003cdiv\u003eAny other circumstances which in the sole discretion of HBML will impair the fair and orderly operation of HashKey Global.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgT5PC0y0KMTwFYYfyKjt42e\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VKN9G23D7ZD4ARE1Q3\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 38Clearing and settlement\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgD6i9PYEFB59yxMTXyDngig\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML may designate a system for the purpose of providing clearing and settlement services. All Trading Participants shall settle all Orders through the system and comply with the terms and conditions of the system as notified to Trading Participants from time to time.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgmlh9f0XeI60HNvhy3Xfiye\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgEtnCBGNDTaKg1tJ53xarUc\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML may in its sole discretion determine a standard settlement period of each Digital Asset from time to time.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VKTX1VNM627JRPFYJ2\" class=\"heading-1 ace-line old-record-id-doxlgDB27OV6LeBTZwH6HBUjbaf\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart G – Trading Halt, Suspension and Resumption of Trading\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgB4ivmPtlVXF9NcG0vZz2H7\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VK6BMXMWN4V354FCEC\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 39Criteria and procedure of trading halt, suspension and resumption of trading\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgH3qnL5WqFbvYeSHKqS9btb\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML reserves sole discretion to halt or suspend trading on HashKey Global at such time and for such duration as it may determine in accordance with HBML’s internal policies, which provide the criteria and procedure for halting and suspending a Digital Asset from trading on HashKey Global, and the arrangements during trading suspension, outages and business resumption.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgW4I1EMsySwNtHkWQdr0BIf\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgVCnx4PgrTDadA4wRXWFlCe\" data-list=\"number\"\u003e\n\u003cdiv\u003eAn Issuer whose Digital Asset is suspended from trading on HashKey Global shall continue to comply with these Exchange Rules in so far as they are relevant to it.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKPEHJF1R49PQDWTZC\" class=\"heading-2 ace-line old-record-id-doxlglvKsX9e00URZRg4XNBxqpe\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 40Notification of trading halt and suspension \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgg3KsOpG4nQhovZzb7U7n1b\" style=\"text-align: left;\"\u003eIf HBML exercises its power to halt or suspend a Digital Asset from trading on HashKey Global, HBML will notify Users through email, system notification and announcement on HashKey Global’s official website.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgHxe4iP6ZkQHvTf2YFEKV0a\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 41HBML’s decision\u003c/strong\u003e\u003c/span\u003e\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg0BwQp1Buwy7mIvXOf6WIqh\" style=\"text-align: left;\"\u003eHBML’s decisions made under this Part G are conclusive and binding on the Users. Unless otherwise determined by HBML pursuant to applicable law, no loss or damage sustained by the Trading Participants shall be compensated by HBML and all such rights of the Users are irrevocably waived.\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VK0D7JS4D04QC5JPTG\" class=\"heading-1 ace-line old-record-id-doxlgZKXXmfLII943LcRH5KyPwg\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart H – Custody of Digital Assets\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgfGKHT3HlOTFcHpYzekEMBc\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 42Custody arrangement\u003c/strong\u003e\u003c/span\u003e\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgPL1JcsLz0eGKT6zzElINnf\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML holds Digital Assets on behalf of Trading Participants in a segregated account established by its Associated Entity.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgehJ4G60QdVzLZ74IRiyzx7\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML’s Associated Entity adopts security standards in accordance with industry best practices and international standards in relation to the custody of Digital Assets. HBML has an insurance policy covering the risks associated with the custody of Digital Assets held in both hot storage and cold storage.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlglzpvjcVQF7LWblluHSv3Cg\" data-list=\"number\"\u003e\n\u003cdiv\u003eThe Associated Entity shall only receive, send, store or engage in other activities involving airdrops, hard forks or other derivatives, enhanced or forked protocols, token burns or buybacks, or other similar events, upon receipt of and in accordance with specific instructions of HBML, to the extent supported by the Associated Entity.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgyYF3Fl8ojj1VMSwrS3gS6b\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will, through its Associated Entity, store no less than 90% of Trading Participants’ Digital Assets in cold storage (Hardware Security Module (HSM)) (i.e. private keys are kept offline without access to the internet), in order to minimise exposure to losses arising from a compromise or hacking of HashKey Global. HBML endeavours to minimise transactions out of the cold storage in which a majority of Trading Participants’ Digital Assets are held.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VK63WYQCZ6XC2EKM34\" class=\"heading-2 ace-line old-record-id-doxlga403xhcBed9bHfJC3TWsQc\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 43Title to Digital Assets \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgxGHx5jg0sQob6F7idYBewk\" style=\"text-align: left;\"\u003eHBML appoints its Associated Entity as custodian of HBML relating to the storage of the Digital Assets of Trading Participants. HBML and its Associated Entity has no right, interest, or title in such custodial Digital Assets, except to the extent as provided in these Exchange Rules.\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VKR93QYGFXB3B4VW6V\" class=\"heading-2 ace-line old-record-id-doxlgEuueDHO3LRN7EBJUg1FlBb\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 44Segregated accounts \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgpwV9smWvAOD7gm5B9CYVNd\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch3 id=\"h_01HV8RH8VK5B2TYY766YESWMEK\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003e44.1Digital Assets\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg5zcDGWn49IWaEagIjFyvdg\" data-list=\"number\"\u003e\n\u003cdiv\u003eAll Trading Participants’ Digital Assets are held in a segregated account (i.e. an account designated as a client or trust account) established by HBML’s Associated Entity for the\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgUnztKW4CLOmgvB1PJoGGMc\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgcQVV48udk6GWuFXjKL7BGh\" data-list=\"number\"\u003e\n\u003cdiv\u003epurpose of holding client assets and are segregated from the assets of the Platform Operator and its Associated Entity.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgmiZwN2TkFHSPr6u9vL6VQf\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgGKWZuVxoHxfgAQDPTG4Cxc\" data-list=\"number\"\u003e\n\u003cdiv\u003eFor each type of Digital Asset, the wallets in HBML’s Associated Entity’s client wallet system constitute:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg1S5UELmAyG55VHmBoZHdie\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgGvZiBtc5pjvkM4ryWyDjLb\" data-list=\"number\"\u003e\n\u003cdiv\u003ehot wallet(s), which is further composed of individual client wallets and an aggregated client hot wallet; and\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlganoKc6tSOFKyCsO1Qiy8Jc\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlghmHHN0p1aYT5SF6KLKXzgb\" data-list=\"number\"\u003e\n\u003cdiv\u003eaggregated cold wallet(s), into which no less than 90% of that particular type of Digital Asset should be stored.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgXXOPRqewl1SeyOegzXViRb\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch3 id=\"h_01HV8RH8VMXYT70NM271WQHJKP\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003e44.2Client’s fiat currencies\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgcopMH2xugtMhtajQtXCs5b\" data-list=\"number\"\u003e\n\u003cdiv\u003eIf and when deposits of fiat currencies are accepted on HashKey Global, HBML may also establish segregated accounts by the Associated Entity with an authorised financial institution in Bermuda or another bank in another jurisdiction permitted under applicable laws from time to time,\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgtScmY73P26ffgXlqzpE1yc\" style=\"text-align: left;\"\u003efor safekeeping Client Money, into which fiat currencies received from or on behalf of a Trading Participant should be paid within one Business Day of receipt.\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VMN7ZQJNE88Q83AZ4P\" class=\"heading-1 ace-line old-record-id-doxlgPSmsKyJ03qS2hqkETduPdE\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart I – Prevention of market manipulation and abusive activities \u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgkwMIPBs6DsbzaLTQ13VT7b\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VMVEQN2616QTCA8W8F\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 45Identify market manipulative and abusive activities \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgdjL2srovSbvtBnc0C5Ppdh\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML established and implemented internal governance documentation for the proper surveillance of HashKey Global in order to identify, prevent, and report any market manipulative and abusive activities.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgBKyEGfPo7p9pch1w9l6iDf\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML also conducts post-trade monitoring to reasonably identify any:\u003c/div\u003e\n\u003col class=\"list-number3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgUjfHIR8tdfpdnHtf8yyMDf\" data-list=\"number\"\u003e\n\u003cdiv\u003esuspicious market manipulative or abusive activities; and\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgSsXe3jmJUNRhPqyXoATLFV\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgv23AbV1mjRBzU92QN3X5kf\" data-list=\"number\"\u003e\n\u003cdiv\u003emarket events or system deficiencies, such as unintended impact on the market, which call for further risk control measures.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003ch2 id=\"h_01HV8RH8VM1YFQ45DWDMXX6QAQ\" class=\"heading-2 ace-line old-record-id-doxlg3HWvgeIqz1iJxPW7M4CGph\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 46Reporting\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg80SMxmR4B8CjGuCTzclHQe\" style=\"text-align: left;\"\u003eUpon becoming aware of any market manipulative or abusive activities, whether actual or potential, on HashKey Global, HBML is required to notify the Financial Intelligence Agency “FIA” of such matter as soon as practicable, provide the FIA with such additional assistance in connection with such activities as it might request and implement appropriate remedial measures.\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgYhezwzI1iqdFxu1oXg1BNb\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VMJ9Q2XG27APZCM0EB\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 47Market surveillance programme\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlghORFCmvIuhmDxxEUFl0m4g\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML adopts a market surveillance system provided by a reputable and independent provider to identify, monitor, detect and prevent any market manipulative or abusive activities on HashKey Global.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgMR0NQ3Gnygs0KqBONAvOyR\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML is required to provide access to this system for the FIA to perform its own surveillance functions when required.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VMC0HT41VPAD5WKKRQ\" class=\"heading-1 ace-line old-record-id-doxlgZy99HHbdjGoLgVgrK2oybg\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart J – Fees \u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgmffSoy3lWaU9uJLQQwyS4f\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VMQ6C9VSRCRNGVCJ09\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 48Fees to be published on website\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgTmwitlHkqWvVTw9shFqHwg\" data-list=\"number\"\u003e\n\u003cdiv\u003eThe current fee schedule adopted by HashKey Global could be found on the official website of HashKey Global which will be updated periodically without prior notice, unless required under laws of Bermuda.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgnoG7FjILdmfAhaJH0ZBFyh\" data-list=\"number\"\u003e\n\u003cdiv\u003eIn relation to admission, the fee structure is designed to avoid any potential, perceived or actual conflicts of interest. In relation to trading, HBML will charge a percentage of the transaction amount daily. Different fees may apply based on the type of Order (including whether a Trading Participant is providing or taking liquidity), transaction size and type of Digital Assets transacted (if applicable). In relation to deposit and withdrawal, no deposit fee will be charged, and a different fixed withdrawal fee will apply based on the type of Digital Asset.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgpIPFxGuO086EhYdRJjrMzg\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will transfer fees from the aggregated client hot wallet to HBML’s hot wallet daily at 00:00 (UTC+0 - Greenwich Mean Time).\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgUrFcSp8q1yXCahkbPZdfzh\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML may in its sole discretion and where applicable waive, reimburse, or pay for Trading Participants’ on-chain transaction fees (i.e. gas fees), including fees for transferring between an individual client’s wallet and other internal wallets, and withdrawals from HashKey Global as set out on the official website of HashKey Global.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VMXCE85NF99NP9DEA5\" class=\"heading-1 ace-line old-record-id-doxlgGJit3SWEUHOSRLwNBKAZ1s\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart K – Breach of these Exchange Rules \u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgvHKvaaxfe60uZEWgxMtAXb\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VMJFHVH1YNDK3EVK27\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 49HBML’s power to investigate \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg68DLOKKDUMWHxszTcbiA5c\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML may investigate any matter that relates to HashKey Global on its own initiative or upon receiving a complaint or enquiry from any person.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgZDNDofRKwwcnwnQHTTXfHh\" data-list=\"number\"\u003e\n\u003cdiv\u003eUsers under investigation shall promptly provide any necessary assistance to HBML during an investigation.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgTUSu8f8fdCRlOFsfzTmH2e\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will retain a record of all investigations conducted.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg5QzV5Uuh1USHBiaXHVJYS3\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VMA5JG9XQKVT0PS51B\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 50Request to remedy\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg4UnwNRQ8xbps5J19oHYwBc\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhere a User is found to have breached the Exchange Rules or to have conducted its business in a manner that is detrimental or prejudicial to other Users of , HBML, HashKey Global or the public, HBML may, at its sole discretion, request the breaching User to remedy the breach.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg3IvaAejwAo5jWXroD72Eld\" data-list=\"number\"\u003e\n\u003cdiv\u003eFor the avoidance of doubt, HBML may impose other penalties on the breaching User, and there is no obligation on HBML to allow the breaching User to remedy the breach.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VMF8S5X3S1BZ8DVD1E\" class=\"heading-2 ace-line old-record-id-doxlgifqkgiIRuB6XngKLmToyNY\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 51Penalties \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgHnkwQ9OpAjI8jpWhU330bg\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eHBML may impose any of the following penalties on the breaching User:\u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg0oO0XjpnDrH02UL4UGqUBh\" data-list=\"number\"\u003e\n\u003cdiv\u003epublic reprimand;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgal23jzKPU1HQxiO97MFAul\" data-list=\"number\"\u003e\n\u003cdiv\u003esuspension of account;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgRbuUxWzW9G0rQeL59PPwlb\" data-list=\"number\"\u003e\n\u003cdiv\u003etermination of account; or\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg0X8i0djHdV6d6Lpb4Cu0Ff\" data-list=\"number\"\u003e\n\u003cdiv\u003eany other penalty in the discretion of HBML which is permissible under applicable laws.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch1 id=\"h_01HV8RH8VMD0V9B965R7S91QGS\" class=\"heading-1 ace-line old-record-id-doxlgchEH5jATCR5ZrJfSUMl4ch\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart L – Security of HashKey Global\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlghvIaHRiL8iQcCuX36yVM8e\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VMFZ9ABHPAEZE2BJY9\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 52 Security measures \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgP0N6I0wstwprZW7XSZdtVh\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML employs adequate, up-to-date and appropriate security controls to protect HashKey Global from being abused, including:\u003c/div\u003e\n\u003col class=\"list-number3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgLpAnr3kP2a2mYTreLOd1Uf\" data-list=\"number\"\u003e\n\u003cdiv\u003erobust authentication methods and technology to ensure that access to HashKey Global is restricted to authorised persons only;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgE8k7zF6vavDI4wsTptjtkd\" data-list=\"number\"\u003e\n\u003cdiv\u003eup-to-date data encryption and secure transfer technology, in accordance with industry best practices and international standards, to protect the confidentiality and integrity of information stored on HashKey Global and during transmission between internal and external networks;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgsG6Xi2wZoVfqdlhb8z1t9d\" data-list=\"number\"\u003e\n\u003cdiv\u003eup-to-date security tools to detect, prevent and block any potential intrusion, security breach and cyberattack attempts; and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgK8Xf9Bz0pO76tG3bvuCgLb\" data-list=\"number\"\u003e\n\u003cdiv\u003eadequate internal procedures and training for HBML’s employees and regular alerts and educational materials for Trading Participants to raise awareness of the importance of cybersecurity and the need to strictly observe security in connection with the system.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgUOy09ze80RukyIdof5ETbh\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML also has in place effective controls to enable it, where necessary, to:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgAO6sNClYCo4gAfH26fdfgg\" style=\"text-indent: 2em;\"\u003e \u003c/div\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgkw8XIwbiK1snP0TqX77YKc\" data-list=\"number\"\u003e\n\u003cdiv\u003eprevent “fat finger” errors such with respect to as input limits or thresholds for Order price and quantity;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgTyvE4ezYJR2TuUJM2AgRFh\" data-list=\"number\"\u003e\n\u003cdiv\u003eimmediately prevent HashKey Global from accepting Orders which are, for example, suspicious fraudulent trades initiated by hackers; and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlggLF1wy3v45MdQE7ZzLVDmf\" data-list=\"number\"\u003e\n\u003cdiv\u003ecancel any unexecuted Orders.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line text-indent ace-line old-record-id-doxlgz8p7biP2RpVAiNh4EEDR5e\" style=\"text-indent: 2em;\"\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c/div\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"3\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgj96edh3ZvtxXNrZhpqoyee\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will arrange at least annual technology audits by a qualified independent professional to ensure the adequacy, reliability, security and capacity of HashKey Global.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VM6TZE2XG26MJQWZ2X\" class=\"heading-2 ace-line old-record-id-doxlg485RqNBIwCrYXYpIVnYIge\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 53System Maintenance and Interruptions\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgv8lpYRMkLMW1CHgZOgpMnh\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch3 id=\"h_01HV8RH8VM8KMC8FBS4SF92F0W\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003e53.1System Maintenance Arrangements\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgRH8t4LHAwA9c61ppmNqMQc\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhen HBML needs to perform system maintenance, the following measures will be taken:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg6uDhIjodHQm82vhtYz1lMf\" data-list=\"number\"\u003e\n\u003cdiv\u003eevaluating the impact, start time and estimated end time of the maintenance in advance;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgzYaIysEk7H8TCWwNBAuCZc\" data-list=\"number\"\u003e\n\u003cdiv\u003enotifying Users of the impact, start time and estimated end time of the maintenance as soon as possible though email, SMS, system notification and announcement on HashKey Global’s official website; and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgRszThQgpDvyF7zvlxyYBFf\" data-list=\"number\"\u003e\n\u003cdiv\u003enotifying Users via email and announcement on website of HashKey Global as soon as possible when the maintenance is over.\u003c/div\u003e\n\u003col class=\"list-number2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgfnTcsQfbcbEySfSVQcwjPh\" data-list=\"number\"\u003e\n\u003cdiv\u003eIf system maintenance requires suspension of transactions, HBML will take the following measures:\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgXfuTIN05dSgfW8cwlHVcpc\" data-list=\"number\"\u003e\n\u003cdiv\u003eevaluating the start time and estimated end time of trading suspension in advance;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgYyuShezt2Dm1DQViMnoKBd\" data-list=\"number\"\u003e\n\u003cdiv\u003enotifying Users of the transaction suspension arrangements through email, SMS, system notification and announcement on HashKey Global’s official website;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgECuw2ICnCbscMKM0vWetJf\" data-list=\"number\"\u003e\n\u003cdiv\u003estarting system maintenance and suspend transaction;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgYb4nzcoPdYY3p3Xb6QY9ug\" data-list=\"number\"\u003e\n\u003cdiv\u003eafter the system maintenance has been completed, changing the status of all Orders to “cancelled”; and\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg1nQo6TIxb5S9SNL8kr3KTd\" data-list=\"number\"\u003e\n\u003cdiv\u003ewhen trading functions return to normal, notifying Users through email, SMS, system notification and announcement on HashKey Global’s official website.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgoATAMlSmmCkQU8RSmHl1re\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch3 id=\"h_01HV8RH8VM00KNYK9871F5QB7T\" class=\"heading-3\"\u003e\u003cspan style=\"color: #de7802;\"\u003e53.2Unexpected Interruptions Handling\u003c/span\u003e\u003c/h3\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgLW7g1wTH8hesvvgAay8arh\" data-list=\"number\"\u003e\n\u003cdiv\u003eWhen the service or transaction is stopped unexpectedly due to technical reasons or other force majeure, HBML may take one or more of the following measures as appropriate: \u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgkSMrfjNbGkJ3FQIMLhWHgc\" data-list=\"number\"\u003e\n\u003cdiv\u003esuspending deposit and withdrawal temporarily;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgT9G7noyoCXDHAeGLSjUxCc\" data-list=\"number\"\u003e\n\u003cdiv\u003ecancelling all Orders in the Order book;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg7A2Vt4dilFtgsDpBI1eaVe\" data-list=\"number\"\u003e\n\u003cdiv\u003esuspending trading function (including order placement, matching and cancellation);\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgDPd2wxKLgZD8JNr2brnZwc\" data-list=\"number\"\u003e\n\u003cdiv\u003esuspending login;\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgJ3PzdD6nrgxdEA68ZO3led\" data-list=\"number\"\u003e\n\u003cdiv\u003esuspending API functionality ; or\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgvCFhdJY84ndyHzUN55sDne\" data-list=\"number\"\u003e\n\u003cdiv\u003eclosing the website service temporarily; or\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgFVGkmL3Vp0vtzOtfgtFswd\" data-list=\"number\"\u003e\n\u003cdiv\u003echanging the status of all unfilled Orders to “cancelled”.\u003c/div\u003e\n\u003col class=\"list-number2\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgr4EvalBnWlt1vQzM83G6fg\" data-list=\"number\"\u003e\n\u003cdiv\u003eIn the event there is a service or transactional interruption, HBML will inform Users by email, SMS, system notification and announcement on HashKey Global’s official website.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgkzaa3Hbo2dLEyZi5yScgad\" data-list=\"number\"\u003e\n\u003cdiv\u003eUpon resumption of the service or transactional interruption, HBML will inform Users by system notification and announcement on HashKey Global’s official website.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003ch1 id=\"h_01HV8RH8VM3TC1MMW8H3XQ37QS\" class=\"heading-1 ace-line old-record-id-doxlgHpnPeC5zyAHbYff8yRlHof\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003ePart M – Contact, Complaint Procedures and Dispute Resolutions\u003c/strong\u003e\u003c/span\u003e\u003c/h1\u003e\n\u003ch2 id=\"h_01HV8RH8VMHQKF6TNPE1AKPE22\" class=\"heading-2 ace-line old-record-id-doxlg99fmpm21lLdQU9plNlu5zc\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 54Contact information of HashKey Global \u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgIt2vyyprwu8g81bTUj48Pe\" style=\"text-align: left;\"\u003eUsers can reach the Client Service Team via email at \u003cstrong\u003esupport@global-cs.hashkey.com\u003c/strong\u003e\n\u003c/div\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlg1QmCpMNU1w1nd3cCkWSIAf\" style=\"text-align: left;\"\u003e\n\u003cdiv\u003e\n\u003ch2 id=\"h_01HV8RH8VMAZS74H4W4PS09YM3\" class=\"heading-2\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 55Complaint procedures\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv\u003e\n\u003col class=\"list-number1\" start=\"1\"\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg2uOFGjFcwQMOAREsRn9Qld\" data-list=\"number\"\u003e\n\u003cdiv\u003eAny complaint should be submitted to HBML through the official website of HashKey Global in accordance with HashKey Global’s Complaint Handling Procedure published on its official website.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlg52CMNfRciqBr7v2To55glb\" data-list=\"number\"\u003e\n\u003cdiv\u003eHBML will acknowledge receipt of complaints and review them for possible follow-up action. HBML is committed to dealing with complaints quickly. However, the period of time required for following up on the complaints depends on the circumstances of each case.\u003c/div\u003e\n\u003c/li\u003e\n\u003cli class=\"ace-line ace-line old-record-id-doxlgIP2Q0iHWAyhFQEGFAJv8cg\" data-list=\"number\"\u003e\n\u003cdiv\u003eAll enquiries and complaints are treated in strict confidence. However, if circumstances require, HBML may need to disclose information to relevant authorities, regulators or agencies for further follow-up. HBML will seek the enquirer’s or complainant's consent before disclosing any personal information.\u003c/div\u003e\n\u003c/li\u003e\n\u003c/ol\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003ch2 id=\"h_01HV8RH8VMFNV344QEGSKPR24X\" class=\"heading-2 ace-line old-record-id-doxlg0ceeuQwwgmaxU8nNZfqfme\" style=\"text-align: left;\"\u003e\u003cspan style=\"color: #de7802;\"\u003e\u003cstrong\u003eSection 56Dispute resolution\u003c/strong\u003e\u003c/span\u003e\u003c/h2\u003e\n\u003cdiv class=\"ace-line ace-line old-record-id-doxlgA4pJTEfCIFDoDRR5osmVNd\" style=\"text-align: left;\"\u003eAny dispute, controversy, difference or claim arising out of, or relating to, the Exchange Rules, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of, or relating to, it shall be referred to and finally resolved by arbitration administered by the HKIAC under the HKIAC Administered Arbitration Rules in force when the Notice of Arbitration is submitted. The law of this arbitration clause shall be Hong Kong law. The seat of arbitration shall be Hong Kong. The number of arbitrators shall be three. The arbitration proceedings shall be conducted in English.\u003c/div\u003e\n\u003c/div\u003e","snippet":"other risks and hazards exist in a Project, such as \u003cem\u003ehacking\u003c/em\u003e, coins stealing, concealment of additional issuance, and","result_type":"article"}]}