Bitget hints on registering plans in India
03 July 2024 India
Image: TheCatEmpire Studio/stock.adobe.com
Bitget has confirmed it is actively working towards becoming a regulated crypto exchange in India.
The company has established it is in active discussions with the Financial Intelligence Unit (FIU)
for further licensing in India and remains optimistic about serving this key market.
Simran Alphonso, head of global communications at Bitget states that “India is a high-priority market” for the business and confirms the exchange is exploring ways to serve the region while ensuring compliance.
The company says it is committed to serve India and contribute towards its growth in Web3.
Bitget has obtained Virtual Asset Service Provider (VASP) licences in Lithuania and Poland, abiding by regulatory standards and creating a secure trading environment with know your customer/anti-money laundering (KYC/AML) compliance.
The business emphasise they are exploring all avenues to meet local compliance and serve the region better.
The company has established it is in active discussions with the Financial Intelligence Unit (FIU)
for further licensing in India and remains optimistic about serving this key market.
Simran Alphonso, head of global communications at Bitget states that “India is a high-priority market” for the business and confirms the exchange is exploring ways to serve the region while ensuring compliance.
The company says it is committed to serve India and contribute towards its growth in Web3.
Bitget has obtained Virtual Asset Service Provider (VASP) licences in Lithuania and Poland, abiding by regulatory standards and creating a secure trading environment with know your customer/anti-money laundering (KYC/AML) compliance.
The business emphasise they are exploring all avenues to meet local compliance and serve the region better.
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