Cryptocurrency exchange UnionEx has announced that it has secured a license to operate in Indonesia, marking an important step in its growth.
License in Indonesia
UnionEx announced it has acquired a license in Indonesia through a newly established joint venture with a leading Southeast Asian fintech unicorn. This achievement reinforces UnionEx's position in regulatory compliance and the creation of a reliable platform for trading digital assets.
UnionEx Development Strategy
With the new license, UnionEx is now authorized to operate as a physical crypto asset trader in Indonesia. The platform will continue to optimize services for local users while strictly adhering to AML and KYC standards to protect users' assets.
Future of the Platform
Looking ahead, UnionEx plans to expand its product offerings to meet the needs of its growing user base. The exchange is also actively pursuing regulatory approvals in other key regions, striving to create an accessible and secure platform for users worldwide.
The acquisition of the license in Indonesia highlights UnionEx's increasing significance on the global cryptocurrency stage and its commitment to regulatory standards.