UK-based fintech company DATANEST RESEARCH LIMITED has announced the submission of applications for licenses for its cryptocurrency platform BTPXS in multiple jurisdictions.
Global Compliance Strategy
DATANEST states that the current applications cover key financial licenses required for platform operations, including digital payments, virtual asset trading, and AML compliance. Legal reviews and audit preparations have been completed, with international law firms appointed to manage the process, ensuring transparency and legality.
Supporting Users Worldwide
BTPXS currently serves users in over 40 countries, and these licenses will help establish a legal presence in key Asia-Pacific and Latin American markets, ensuring security and transparency for users.
Integration with DAICE and Local Regulation
BTPXS will also serve as the settlement backbone for DAICE – DATANEST’s AI compute token project. DATANEST emphasizes that all services involving capital transactions and algorithmic exchanges will be conducted in full compliance with local financial laws.
Receiving licenses in key jurisdictions like Singapore, Hong Kong, and Brazil is a significant step for the BTPXS platform and will ensure a stable presence in the global financial market.
