Webull is restructuring and preparing to relaunch cryptocurrency business by merging Webull Pay LLC back into the group.

The merger helps Webull expand cryptocurrency trading after establishing a presence in Brazil, while leveraging clear regulatory policies to enhance transparency and sustainable growth.

MAIN CONTENT

  • Webull will reintegrate Webull Pay LLC to recover and grow its cryptocurrency trading segment.

  • Transparent legal regulations are a core factor driving this plan of Webull.

  • Webull is currently present in 14 markets with over 24 million registered users globally.

What plans does Webull have for cryptocurrency operations after the merger with Webull Pay LLC?

Webull's leadership confirms the company is preparing to relaunch cryptocurrency trading services on the platform after completing the merger with Webull Pay LLC, aiming to expand services to more markets.

This is a strategic move to leverage the growing cryptocurrency market potential while consolidating departments for more efficient operations.

What factors give Webull confidence in the success of the relaunch plan?

Anthony Denier – Chairman of Webull Group, affirmed that transparency and clarity in cryptocurrency management policies in the U.S. and internationally are prerequisites to relaunch activities.

"Stability and progress in global cryptocurrency regulations provide a solid foundation for us to continue expanding this business segment."

Anthony Denier – Chairman of Webull Group, 18/07/2024

This helps minimize legal risks, enhance reputation, and protect user rights in the complex cryptocurrency investment environment.

What achievements has Webull attained that help enhance investor trust?

Currently, Webull operates in 14 markets with over 24 million registered accounts, demonstrating governance capabilities and popularity in the global investment community.

The expansion of cryptocurrency service experience is expected to be based on existing infrastructure, thereby optimizing the trading process and quickly reaching new customers.

"We will continue to invest in building a sustainable, safe, and convenient financial ecosystem for all investors on the Webull platform."

Anthony Denier – Chairman of Webull Group, 07/2024

What is the difference between the Webull Pay LLC merger model and other forms of cryptocurrency operations?

Merging Webull Pay LLC directly into Webull optimizes operational processes, ensuring consistency in governance and technology integration.

Compared to models that only cooperate or operate independently, this model minimizes legal risks while facilitating compliance with regulatory requirements.

Criteria Webull Pay LLC Merger Model Independent Cryptocurrency Operation Legal Risk Management High, synchronized and transparent Low, prone to conflicts Technology Optimization System integration, security Distributed, difficult to control Customer Scale Expanded through the group Limited within its own scope

Frequently Asked Questions

What is Webull Pay LLC and what is its role in Webull?

Webull Pay LLC is a subsidiary specializing in cryptocurrency services, merging back helps Webull synchronize operations and expand cryptocurrency trading on the platform.

Why is clarity in cryptocurrency regulatory policies important?

Transparent policies help reduce legal risks, build investor trust, and support sustainable growth in cryptocurrency business.

In which markets has Webull operated?

Webull is currently present in 14 markets globally and is expanding into more new territories, including Brazil, with cryptocurrency services.

What is Webull's plan for expanding cryptocurrency operations?

Webull will relaunch its cryptocurrency business through the merger and leverage existing infrastructure to access more markets.

How does the merger affect users?

Users will benefit from synchronized services, increased security, and diverse cryptocurrency trading capabilities on a more stable platform.

Source: https://tintucbitcoin.com/webull-phuc-hoi-giao-dich-tien-dien-tu/

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