CandleFocus Bitget May Enter the US Market, Claims CEO Gracy Chen
2024-12-09
Author: Content Editor
Bitget, the 7th largest centralized exchange in terms of daily trading volume, is considering entering the US markets. Bitget CEO Gracy Chen believes that the regulatory environment under Trump's upcoming term may be more favorable for the crypto industry, although challenges still exist. Chen expressed interest in finding a partnership to help navigate the US regulatory hurdles but nothing concrete has been decided. Despite the potential benefits of entering the US market, Bitget faced compliance issues and abandoned a previous attempt to enter in 2022 due to extensive requirements. State-level agencies and compliance issues remain potential obstacles. Chen's comments may be aimed at generating interest in the industry and expanding Bitget's presence.
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