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Bitget drops plans to seek crypto license in Hong Kong

Cryptocurrency trading platform Bitget has dropped plans to obtain a Virtual Asset Trading Platform (VATP) license in Hong Kong, citing business and market-related considerations.Bitget officially announced on Nov. 13 that its Hong Kong division, BitgetX, accessible by the domain BitgetX.hk, will cease operations by Dec. 13, 2023.As Bitget decided not

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Bitget integrates DeFi aggregator into crypto exchange app

Crypto exchange Bitget has integrated a decentralized finance (DeFi) aggregator into its crypto exchange application, allowing users to swap their tokens and access DeFi services through its Web3 Wallet.According to Bitget, the effort aims to provide users with options for trading their crypto assets on the exchange. The app will

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Bitget releases MPC wallet, includes 2/3 private key sharding

Cryptocurrency exchange and derivatives platform Bitget has launched a new wallet service using multiparty computation (MPC) to improve security and key management for users.After launching its account abstraction wallet service powered by Ethereum scaling protocol Starknet in July 2023, Bitget has employed MPC to overhaul private key and asset management.MPC

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Bitget Study reveals demographic for crypto users’ goals and behaviors

A recent survey by Bitget delves into the diverse motivations behind cryptocurrency investments across various countries, revealing insights into regional preferences and economic aspirations. On October 5, Bitget revealed data from a survey that offered a deeper understanding of the evolving cryptocurrency investment landscape, highlighting diverse motivations across different regions. In specific

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Bitget exec says KYC is useful to filter out illegitimate users

Crypto exchange Bitget has grown significantly despite the challenges brought by the bear market. In 2023, the exchange announced two $100 million funds—one dedicated to crypto projects in Asia and another for maximizing the company’s long-term impact in the crypto space. At the Bitget EmpowerX Summit held in Singapore, Cointelegraph’s Zhiyuan

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