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Topic: Bitget in ‘active discussions’ to obtain India license (Read 53 times)

jr. member
Activity: 476
Merit: 7
Navigating the Crypto world & Holding BGB Along..
Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations.

Major cryptocurrency exchange Bitget is working with Indian regulators to obtain the licensing required to serve the market in compliance with local laws.

Bitget has been actively discussing with India’s Financial Intelligence Unit (FIU) to obtain Virtual Asset Service Provider (VASP) registration, the firm announced on July 3.

Bitget’s head of global communications, Simran Alphonso, told Cointelegraph that the registration would unlock a clear route to abide by tax compliance and maintain operational transparency.


Complete article : Bitget in ‘active discussions’ to obtain India license

After Kucoin and Binance now Bitget is showing their interest to compliant with FIU and resume their trading operations.

This is actually nice to see. It's good that they're taking the compliance route and they're transparent with the information. Giving Indian users something to smile about..They also recent obtained VASP licenses in Poland and Lithuania
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Its good seeing a new exchange after KuCoin getting into India for operations.

But Bitget is one of those exchanges that run shilling campaigns on this forum. I have seen many newbie accounts shilling it on random threads in  "Marketplace" and often they edit in the names after some replies are made on a certain topic.

Take a look at this thread Innovative Bitget Shilling [Compliation]
sr. member
Activity: 910
Merit: 284
Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations.

Major cryptocurrency exchange Bitget is working with Indian regulators to obtain the licensing required to serve the market in compliance with local laws.

Bitget has been actively discussing with India’s Financial Intelligence Unit (FIU) to obtain Virtual Asset Service Provider (VASP) registration, the firm announced on July 3.

Bitget’s head of global communications, Simran Alphonso, told Cointelegraph that the registration would unlock a clear route to abide by tax compliance and maintain operational transparency.


Complete article : Bitget in ‘active discussions’ to obtain India license

After Kucoin and Binance now Bitget is showing their interest to compliant with FIU and resume their trading operations.
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