Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN

Cointelegraph

Published Mar 30, 2020 05:46PM ET

Updated Mar 30, 2020 07:20PM ET

While global cryptocurrency firms increasingly come to Singapore to benefit from its crypto-friendly ecosystem, some local firms are also expanding their operations beyond local jurisdiction.

Bitget, a Singapore-headquartered digital asset platform, has obtained regulatory approval from the United States Financial Crimes Enforcement Network (FinCEN), the primary regulator for money service businesses in the country.

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