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UK-based fintech company DATANEST RESEARCH LIMITED has announced that its cryptocurrency trading platform, BTPXS, has submitted financial license applications to the Monetary Authority of Singapore, the Securities and Futures Commission, and the Brazilian Securities and Exchange Commission. This strategic move is aimed at accelerating BTPXS's global compliance strategy, enhancing its legitimacy, and expanding its cross-border operational capabilities.
The applications cover essential financial licenses required for
platform operations, including digital payments, virtual asset trading, custody services, and anti-money laundering compliance registration. DATANEST has completed the necessary legal reviews and audit preparations, and has engaged globally recognized law firms to manage the process, ensuring transparency, legality, and procedural efficiency.Eric Song, spokesperson for DATANEST, emphasized the importance of regulatory scrutiny for a global trading platform. "BTPXS has followed a clearly defined compliance roadmap since day one. This round of applications is a key step in fulfilling our long-term responsibility and building a trusted ecosystem," he stated.
BTPXS currently serves users in over 40 countries and regions worldwide, with an active user base that continues to grow. These license applications will help establish a legal presence in key Asia-Pacific and Latin American markets, ensuring that local users are provided with compliant, secure, and transparent digital asset trading access. This move removes uncertainties tied to regulatory ambiguity and strengthens BTPXS's position in these strategic markets.
Singapore and China Hong Kong are recognized as leading digital finance hubs in Asia, while Brazil is one of the most progressive blockchain and fintech markets in Latin America. Upon successful approval, BTPXS will achieve regulatory recognition in three critical global financial jurisdictions, laying a strong foundation for expanding its AI ecosystem, Web3 finance solutions, and institutional client services.
In addition to its trading services, BTPXS will also serve as the settlement backbone for DAICE (Decentralized Artificial Intelligence Computing Exchange), DATANEST's AI compute token project. All services involving cross-border capital flows, algorithmic service exchanges, and digital compute transactions will be conducted in full compliance with local financial laws and incorporated into future licensing frameworks. This strategic integration aligns with DATANEST's global vision of "technology deployment + regulatory integration."
BTPXS is a cryptocurrency trading platform independently developed by DATANEST RESEARCH LIMITED, committed to delivering a secure, high-performance, and low-latency digital asset trading experience. Built on a proprietary high-speed matching engine and distributed architecture, the platform serves institutional and individual investors globally and sets a benchmark for next-generation trading infrastructure.
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