Like TradFi derivatives, crypto derivatives improve price discovery, risk management, and liquidity.
While crypto derivatives are increasingly accepted in Dubai and Bermuda, many other jurisdictions restrict them.
This inconsistency limits users from fully benefiting from risk diversification and market efficiency.
As a leading crypto exchange, Bitget meets user needs while complying with regulations. More transparent and balanced regulations are required to promote innovation without compromising investor protection.
The industry needs clarity on high-risk derivative products and “professional clients” eligible for them.
Dubai, Bermuda, and others have shown that well-regulated derivatives markets improve market integrity and efficiency.
Bitget aims to lead this changing regulatory landscape by expanding globally while adhering to regional standards with a UK FCA compliant platform, a Bitcoin Service Provider (BSP) license in El Salvador, and VASP licenses in Bulgaria, Poland, and Lithuania.
Bitget is progressing to become one of the most regulated and trusted exchanges, with over 15 active applications in various jurisdictions worldwide.
The CEX ecosystem is bound to indulge masses in the crypto space with the highest compliance and security standards.
Hon Ng, Chief Legal Officer at Bitget
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