Deepcoin has announced a strategic partnership with Upbit Singapore aimed at simplifying secure cross-platform transfers for KYC-verified users.
Deepcoin and Upbit Singapore Partnership
Deepcoin and Upbit Singapore have entered a partnership that enables users who have completed KYC verification on both platforms to seamlessly transfer digital assets. This advancement enhances interoperability between exchanges and aligns with evolving international compliance standards.
Role of Upbit Singapore in the Crypto Industry
Upbit Singapore is recognized as one of Asia’s first exchanges to receive in-principle approval from the Monetary Authority of Singapore (MAS) as a licensed Virtual Asset Service Provider (VASPs). The exchange is known for its strong institutional partnerships and commitment to regulatory compliance.
Deepcoin's Global Compliance Strategy
Deepcoin emphasized that the new collaboration is part of its wider compliance strategy focused on enhancing secure and accessible crypto transactions. The company is also planning to collaborate with more regulated platforms worldwide to protect user assets.
The partnership between Deepcoin and Upbit Singapore reflects a growing trend in the cryptocurrency industry where platforms prioritize collaborations with licensed entities to enhance trust and security in digital assets.
