BITBANK announced its plan to apply for VASP and Type 7 licenses from the Hong Kong Securities Regulatory Commission on June 1

BITBANK announced its plan to apply for VASP and Type 7 licenses from the Hong Kong Securities Regulatory Commission on June 1

June 05
12:12 2023

BITBANK digital bank exchange is a digital platform that integrates various digital currency transactions, providing convenient digital currency transactions to the world.

BITBANK’s strong technical team and operation team have senior experience in digital asset financial services, and have built a comprehensive ecosystem with blockchain technology as the core. BITBANK always puts the interests of users first, and is committed to providing a safe, fair, open and efficient digital asset trading environment.

BITBANK exchange is a comprehensive digital currency trading platform, which has attracted the capital investment or attention of many world-renowned capital entities such as Sequoia Capital and Southeast Asia International Bank. BITBANK provides US dollar-based digital asset services to qualified investors around the world. It integrates trading services such as flash exchange transactions, swap contract transactions, NFT digital cultural asset transactions, mortgage loans, financing and currency, chain games and metaverse elements. A professional market platform that provides global compliance users with hot and cold wallets, digital asset management and transaction services.

Recently, BITBANK Group is deploying honeycomb cluster distributed centralized products to meet the regulatory needs of the Hong Kong Securities Regulatory Commission and the Hong Kong Financial Supervisory Authority.

After full and in-depth communication with the Hong Kong Securities Regulatory Commission, the BITBANK Group has a deep understanding of Hong Kong’s virtual digital asset licensing and operating system, and the Hong Kong Securities Regulatory Commission’s “Guidelines for Virtual Asset Trading Platform Operators” came into force on June 1 At the same time, it began to apply for VASP, TCSP and Type 7 licenses from the Hong Kong Securities Regulatory Commission. BITBANK Group takes legal compliance and reasonable operation as its criterion, is guided by adapting to and promoting productivity, and takes creating social value and commercial value as its core mission. Improve the business ecosystem as a business structure, based in Hong Kong, the Asian headquarters, and radiate the world, echoing the US headquarters and legally licensed branches in many countries, and the distributed operation develops efficiently and rapidly.

In addition, the technical team of BITBANK Group is currently communicating with Binance officials to label BITBANK’s logo and official website information on the BT contract, so as to facilitate the identification of users and cooperative institutions. BSC Binance Chain is currently the only running track for the governance token of the bitbank platform. In TRON, BT (self-patented) public chains will carry out cross-chain and mapping transactions.

Let us explore together BITBANK Hongtu Blue Ocean’s brand-new ecological finance and the new wealth opportunity brought by it!

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Company Name: BITBANK
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Country: Singapore