The seventh largest crypto exchange, Bitget, has re-entered the UK market after a six-month interval, complying with the UK's Financial Promotions Regime.
Bitget's Return to the UK Market
Bitget, one of the world's leading crypto exchanges, has resumed its operations in the UK after a six-month break. This was made possible by adhering to the Financial Promotions Regime, which governs the promotion of financial products, including crypto assets. British users now have access to over 150 tokens, setting Bitget apart from many global competitors.
Regulatory Compliance
Bitget's relaunch underscores a broader industry trend towards regulatory compliance. The Financial Promotions Regime introduced by the FCA aims to combat ambiguous crypto promotions. Bitget's team aims to demonstrate that robust compliance can align with innovation.
Partnership with Archax
Bitget's relaunch was executed in partnership with Archax, an FCA-approved entity, ensuring that the exchange's promotional content meets all regulatory requirements. Archax provides trading and custody services, including tokenizing real-world assets, highlighting Bitget's commitment to integrate advanced offerings while conforming to FCA's rigorous standards.
Bitget’s re-entry into the UK market underscores their commitment to local regulatory compliance, offering UK investors a wide range of tokens while maintaining high standards of transparency and integrity.
