Goodbye Malta, hi Liechtenstein: Bitcoin-brokers Bittrex announces Bittrex Global

The Bitcoin exchange Bittrex opened in the Liechtenstein capital Vaduz, a new main qaurtier. At the end of October Bittrex Global to go "" at the Start. The Start of the new Trading platform is at the same time mean the end of Bittrex International in Malta.

By Christopher clover
At the 1. October 2019 BTC$8.319,94 , and 0.61% part Facebook Twitter LinkedIn xing mail

Bittrex moved its European headquarters to Liechtenstein. The Bitcoin exchange wants to launch the new Trading platform, "Bittrex Global". The launch of the platform is targeted for late October 2019. The Maltese platform Bittrex International will be scrapped. The Bittrex on 30. September in a press release known.

The Start of Bittrex Global is expected to fall with the closure of the activities of Bittrex International (Malta) at the end of October. Bittrex Global has announced that it intends to offer customers of Bittrex International Bittrex to be our Global clients. [In addition, the possibility to apply for permission to the recording] for all of the existing Coins/tokens, which are listed at Bittrex International.

no mention of the motives behind the Exodus from Malta Bittrex in the press statement. It is only the speech that Bittrex would allow trading with crypto-tokens, in Accordance with the Liechtenstein "Blockchain-law".

Bittrex Global: No inner-earth objects, no regulatory concerns

A launch pad for the first-time sale of tokens as part of an Initial Exchange Offering was not planned, says Kiran Raj, CEO of the new platform, compared to BTC-ECHO:

Bittrex Global is to perform inner-earth objects. In our opinion, the way forward is more geared to provide the customer the ability on a private sale of thoroughly tested Token in relation to their conformity with regulatory legislation (e.g., EU and Liechtenstein law) – after the customers have been examined in the context of the AML program. In this way, all participants (clients and Token-Teams) can move in a transparent process.

That the crypto-custodian – to which centralized Bitcoin exchanges like Bittrex are available from 2020, under the supervision of the BaFin, shatter is preparing Bittrex, however, no head. Finally, the company's headquarters in Liechtenstein is located; also Bittrex run in Germany, no ads

Although Bittrex Global has its registered office in Vaduz, Liechtenstein, we know, of course, the BaFin-looking statements. For us, the BaFin is a very future-oriented regulatory authority. We believe in the safe custody of crypto-Assets. [...] Although Bittrex Global accepts customers from all over the world – with the exception of the United States and countries subject to different sanctions or legal Prohibited to market or we're not in Germany and other EU countries,

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so Raj to BTC-ECHO.

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