How Hata Accelerated Their Growth with Notabene

Hata, Malaysia’s first dual-licensed crypto exchange, has emphasized security, transparency, and regulatory compliance since its launch in 2023. The platform is regulated by both the Securities Commission Malaysia and the Labuan Financial Services Authority, which oversee Hata’s trading, staking, and instant buy/sell services.

Within Malaysia’s regulatory framework, Hata is subject to stringent adherence to AML/KYC standards. As it’s in a growth phase with plans to expand regionally, the exchange 
has also assumed robust investor protection requirements and reporting transparency obligations.

The Problem: Streamline Compliance While Scaling Confidently

As Hata’s transaction volumes increased, ensuring Travel Rule compliance at scale became a central operational challenge. Before Notabene, ensuring Travel Rule compliance relied on a solution that became untenable as transaction volumes grew. 

The operational overhead of compliance grew along with transaction volumes, and eventually, Hata’s ability to scale efficiently while maintaining regulatory confidence broke down.

“Our previous Travel Rule solution was complex and difficult to interpret, creating uncertainty around the accuracy and completeness of the data exchanged. Limited customer support further compounded these challenges, making issue resolution slow and operationally inefficient.” David Low, CEO, Hata

Notabene: A Scalable Travel Rule Solution Built for Growth

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