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BitMart Obtains TCSP License, Allowing Custodial Institutions to Provide Digital Asset Custody Services Within the Jurisdiction

2025-03-17 14:55
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On March 17, 2025, BitMart, a leading global digital asset trading platform, announced that its local subsidiary has obtained a Trust or Company Service Provider (TCSP) license from the Hong Kong Companies Registry. This license allows the licensed entity to provide digital asset custody services and other related activities within the jurisdiction.


The acquisition of the TCSP license marks a significant milestone, highlighting the company's efforts in compliance with regulatory standards. BitMart will always adopt advanced compliance mechanisms, implement Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) obligations, ensuring that every transaction is carried out in a secure and reliable environment.


Since its establishment, BitMart has always made compliance a core part of its business operations, developing tailored regulatory strategies for every market it serves. By continuously upgrading its compliance systems, BitMart has always been at the forefront of global regulatory and security standards, committed to building a platform that users can trust.


Furthermore, BitMart is actively building a compliant licensed platform that conforms to the Virtual Asset Trading Platform (VATP) regulatory framework. Obtaining the TCSP license is an important step in BitMart's global expansion strategy, with the company committed to providing trustworthy services to meet the evolving needs of global customers.


About BitMart


BitMart is a leading global digital asset trading platform with millions of users worldwide, highly ranked on CoinGecko, currently offering over 1,700 trading pairs with competitive trading fees. BitMart continues to grow and expand, dedicated to driving cryptocurrency innovation and promoting financial inclusivity.


Risk Disclaimer:


The risk of using BitMart's services is entirely borne by you. All cryptocurrency investments (including profits) are inherently speculative and involve significant risk of loss. Past, hypothetical, or simulated performance does not necessarily represent future results.


The value of cryptocurrencies may rise or fall, and buying, selling, holding, or trading cryptocurrencies may involve substantial risk. You should carefully consider whether trading or holding cryptocurrencies is suitable for you based on your individual investment objectives, financial situation, and risk tolerance. BitMart does not provide any investment, legal, or tax advice.


This article is a contribution and does not represent the views of BlockBeats.



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