In September, the Securities and Futures Bureau of the Financial Supervisory Commission (FSC) released its first batch of "whitelists" of virtual asset operators: 9 operators obtained legal status, while 18 operators were ordered to cease operations. HOYA BIT, which is on the compliance list, recently announced that starting November 1, 2025, user withdrawals will only be allowed to the following two destinations:
- Exchanges that have completed the Financial Supervisory Commission's [Anti-Money Laundering Registration];
- The top 30 cryptocurrency exchanges according to CoinMarketCap (CMC) data platform.
HOYA BIT's move effectively severs the bridge from exchange platforms to the DeFi ecosystem. According to its rules, HOYA BIT users can no longer transfer assets to MetaMask, Phatom, or any hardware wallet, thus killing the "spirit of decentralization" on the ground.
No other exchanges have yet issued relevant regulations, but if regulations spread, it could significantly reduce the flexibility of Taiwan's blockchain industry.
The following is more information from HOYA BIT:
Frequently Asked Questions (FAQ)
Q1. Which exchanges have completed the Financial Supervisory Commission's [Anti-Money Laundering Registration]?
The following list comprises exchanges that have completed the Financial Supervisory Commission's anti-money laundering registration. HOYA BIT will review and update this list regularly.
Updated: 2025/10/09 (arranged alphabetically from A to Z)
| Platform Name | Registered Company Name |
| ATRIX / Chainss | CrossChain Technology Co., Ltd. |
| BitoPro | Bito Technology Co., Ltd. |
| HOYA BIT | HeYa Digital Technology Co., Ltd. |
| HzBit | Hongzhu Digital Co., Ltd. |
| MaiCoin / MAX | Modern Fortune Technology Co., Ltd. |
| TWEX | Fusheng Digital Co., Ltd. |
| XREX | Chaintech Co., Ltd. |
| ZONE Wallet | Pioneer Digital Technology Co., Ltd. |
Q2. Which exchanges are ranked in the top 30 by CoinMarketCap (CMC)?
The following list is based on CoinMarketCap's overall rankings and is accurate as of the time of the announcement. HOYA BIT will review and update it regularly.
Updated: 2025/10/09 (arranged alphabetically from A to Z)
- Binance
- Biconomy.com
- BingX
- Bitfinex
- Bitget
- BitMart
- Bitstamp
- BitFlyer
- Bithumb
- Bybit
- CoinW
- Coinbase Exchange
- Crypto.com Exchange
- Deepcoin
- Deribit
- DigiFinex
- Gate
- Gemini
- HTX
- KCEX
- Kraken
- KuCoin
- LBank
- MEXC
- OKX
- Pionex
- Toobit
- Upbit
- UZX
- XT.COM
Q3. Why is this measure in place?
This adjustment is a strategic measure to strengthen the security of user assets; by restricting withdrawals to exchanges with credibility or clear compliance, it ensures that all withdrawal transactions are traceable.
Q4. What if I want to withdraw my funds to an address other than the exchanges mentioned above?
Starting November 1, 2025, HOYA BIT will only allow withdrawals to the exchanges listed in this announcement. Withdrawals to exchanges or wallets not listed will not be available for the time being. We apologize for any inconvenience this may cause.
Q5. Will this affect my past transactions?
No, this adjustment only applies to new withdrawal applications submitted on or after November 1, 2025. Previously completed transactions and historical records will not be affected.
Q6. Can I deposit HOYA BIT from exchanges other than those mentioned above?
Yes, this rule only applies to "withdrawals (transfers)".
If you transfer HOYA BIT from other exchanges or personal wallets, this restriction does not apply.
Q7. What should I do if the system displays "Unsupported wallet address" when I try to withdraw funds?
Please confirm the following:
- Does the withdrawal address belong to one of the supported exchanges listed above?
- Please help confirm whether the mainnet type/chain type (such as ERC20, TRC20, BEP20, etc.) meets the receiving specifications of the other party's platform.
If the error message persists, please take a screenshot and contact HOYA BIT customer service for assistance.
Q8. Will HOYA BIT open up more withdrawal destinations in the future?
HOYA BIT will continue to review and update the support list regularly based on market conditions and security assessments.
If any new withdrawal destinations are added in the future, they will be announced in the official announcement and FAQ.
