Liquid will be one of the first global cryptocurrency exchanges to list Hedera Hashgraph's coin, hbar.

TOKYO, Aug. 1, 2019 /PRNewswire/ -- Global cryptocurrency platform Liquid.com ("Liquid") announced today that will be among a few select exchanges to list Hedera Hashgraph's native token, hbar. The hbar listing sees the integration of the hbar wallet on the Liquid platform, in full compliance with Liquid's stringent global Know Your Customer (KYC) and Anti Money Moneyering (AML) requirements.

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This listing sees the successful integration of the hbar wallet using Hedera Hashgraph's enterprise grade public distributed ledger technology on Liquid. This wallet integration will enable hbar users to move hbars from their hbar wallet to their Liquid account instantly and with finality.

Coupled with Liquid's pro-regulatory stance as a licensed exchange by the Japan Financial Services Agency with global KYC/AML measures, Liquid and Hedera Hashgraph will help enable improved global governance and security for online cryptocurrency transfers.

Hedera Hashgraph aims to address four fundamental issues to mainstream market adoption of public ledger technology -- performance, security, scalability and governance. Hedera's distributed ledger technology uses a decentralized network of computers powering a global consensus algorithm verifying status of every hbar account in a way that is fair, fast and efficient. Liquid will enable the ease of price discovery and public trading for hbars across the following markets: BTCHBAR, ETHHBAR, QASHHBAR, USDHBAR.

Hedera and Liquid's commitment to regulatory compliance makes the hbar listing on Liquid a natural fit. Both Hedera and Liquid are committed to working with industry partners and regulators to bringing best practices in financial consumer protections to the new crypto markets. Hence, the crypto ecosystem needs to be capable of complying with multi-jurisdictional laws and regulations to enable KYC and AML checks. As a regulated exchange in Japan, Liquid brings best in class KYC and AML expertise to serve as the Hedera community's compliant access to hbars.

Kai Kono, Head of Asia Pacific, Business Development & Sales at Liquid Group, said, "We believe in the potential of the Hedera Hashgraph technology to enable the mainstream adoption of a decentralized network of value. We are excited to provide a liquidity venue for a pro-compliant partner in this space, to enable building a new system of value that autonomously generates trust through fast and powerful network applications on Hedera Hashgraph."