The Bitget crypto exchange welcomes regulatory measures to further develop the industry
The Bitget crypto exchange welcomes regulatory measures to further develop the industry
The central theses
-
regulatory authorities around the world have introduced framework works to control the cryptocurrency market.
-
Europe recently approved the Mica directive, while Hong Kong will soon publish his regulatory framework for cryptocurrencies.
-
The crypto exchange Bitget said that it supports all regulations that are supposed to advance the cryptocurrency industry.
The regulation of cryptocurrencies ad
worldwideThe past few months have been interesting for the cryptocurrency industry in terms of regulation. Despite the ongoing bear market, regulatory authorities around the world were busy introducing regulatory framework for the crypto sector.
In the United States, the Securities and Exchange Commission (SEC) explained that the existing securities laws in the USA cover cryptocurrencies and are not necessary.
However, this is not the case in the United States. In Europe, the European Union has decided to introduce Mica (Markets in Crypto Assets) to regulate the cryptocurrency industry.
At the beginning of this month, the finance ministers in Europe agreed with .
hong kong this will probably be published cryptocurrency framework soon. As soon as this happens, companies that want to offer services in Hong Kong apply and receive licenses from the Commission.
The international organization of the security supervisory authorities (iosco) also opened his political recommendations for crypto and digital asset markets at the beginning of this week.
Bitget supports the market regulation
In view of the regulation from different parts of the world, crypto companies have made changes to ensure that they work with these framework conditions.
The crypto tour Bitget is one of the crypto bonds that continues to endeavor to function in accordance with the specified regulations.
Gracy Chen, managing director of Bitget, commented on the recent regulatory efforts as follows:
"Bitget welcomes all forms of regulation as a pioneer of the cryptoba-based fintech revolution. underlying technology have power to promote financial innovations and economic growth.
Against this background, the steps of the iosco, the European Union and Hong Kongs to promote the broad reach of the industry are highly valued. They will serve as an important basis for other countries to also develop their own regulations.
Our brand is committed to compliance with regulations and the implementation of comprehensive risk control and money laundering campaign procedures. "
Bitget has developed into one of the leading cryptocurrency exchanges in the world and is currently processing a daily trade volume of more than $ 500 million.
The crypto exchange is led by Gracy Chen, a leader that specializes in growth and implementation of global market strategies. She has been a meta-verse and crypto enthusiast since 2014 and has now become a prominent personality in the industry.
Source: Coinlist.me
Kommentare (0)