Public Statement 30 of 2023 - HiTech Digital Business Ltd. (2023-11-09)

Summary

This is a public statement issued by the BVI Financial Services Commission on 9 November 2023 to warn the public that HiTech Digital Business Ltd, trading as HitBTC, is no longer a registered BVI Business Company. The FSC issued the notice because websites associated with HitBTC (hitbtc.com) continued to represent it as a BVI-incorporated entity, and the Commission wanted to correct this impression and protect any customers or creditors.

• Incorporation: HitBTC was incorporated on 9 August 2018 under the BVI Business Companies Act, 2004.
• Strike off: It was struck off the Register of Companies on 1 May 2020 for failure to pay annual fees, and was dissolved on 4 July 2023.
• Licensing status: HitBTC has never been licensed or regulated to carry on any financial services business in or from within the BVI.
• Legal basis: The statement is issued by the FSC pursuant to Section 37A(1) of the FSC Act.

The statement is purely informational and warns the public and customers/creditors not to rely on any representation that HitBTC is a BVI-registered or regulated entity. It does not impose any ongoing compliance obligations on regulated entities.