🌎 Bitget Relaunches UK Platform with Compliance

Bitget Relaunches UK Platform, Compliant with Financial Promotions Regime

Cryptocurrency exchange Bitget has officially relaunched its UK platform, six months after suspending services to new users in the country. The relaunch comes after partnering with Archax, a UK-regulated crypto custodian, to ensure compliance with the UK’s Financial Promotions Regime.

Compliance with Financial Promotions Regime

Bitget’s relaunch in the UK is a significant step towards establishing itself as a long-term, compliant partner in diverse markets. According to Gracy Chen, Bitget’s chief executive, “This entrance into the UK market under the regime is a step towards establishing Bitget as a long-term, compliant partner in diverse markets, providing investors with a platform to access digital assets.”

Partnership with Archax

Through its partnership with Archax, Bitget users can access crypto trading and custody services for a range of assets, including tokenized real-world assets. This partnership ensures that Bitget’s services are fully compliant with UK regulations, providing users with a secure and reliable platform for their cryptocurrency investments.

Enhanced Token Listing Criteria

Bitget’s relaunch in the UK follows the implementation of stringent criteria for listing tokens on its platform. To shield users from high-risk projects and potential exit scams, every project looking to list on Bitget must pass a rigorous assessment covering multiple aspects, including: