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BTSE secures full license for Bhutan’s GMC: trading + custody approved togetherThat Bhutan “Mindfulness City”—they really gave the exchange the full set of approvals, not just the principle approval.
BTSE Bhutan (BTSE Exchange Pte Ltd) announced on September 29: Gelephu Mindfulness City (GMC) Special Administrative Region’s regulator, the GFSO, has officially granted the Financial Services License. The approval granted in April was In-Principle Approval; this time the prerequisites have been cleared and the license has taken effect.
1️⃣ Licensing: virtual asset multi-lateral trading facility (MTF) + institutional-grade custody.
2️⃣ Rollout timeline: onboarding starts in the coming weeks; first open $BTC/$USDT and $ETH/$USDT spot trading; more trading pairs will come later; fiat deposits/withdrawals are further down the line.
BTSE secures full license for Bhutan’s GMC: trading + custody approved together
That Bhutan “Mindfulness City”—they really gave the exchange the full set of approvals, not just the principle approval.
BTSE Bhutan (BTSE Exchange Pte Ltd) announced on September 29: Gelephu Mindfulness City (GMC) Special Administrative Region’s regulator, the GFSO, has officially granted the Financial Services License. The approval granted in April was In-Principle Approval; this time the prerequisites have been cleared and the license has taken effect.
1️⃣ Licensing: virtual asset multi-lateral trading facility (MTF) + institutional-grade custody.
2️⃣ Rollout timeline: onboarding starts in the coming weeks; first open $BTC /$USDT and $ETH /$USDT spot trading; more trading pairs will come later; fiat deposits/withdrawals are further down the line.
BTSE Bhutan (BTSE Exchange Pte Ltd) announced on September 29: Gelephu Mindfulness City (GMC) Special Administrative Region’s regulator, the GFSO, has officially granted the Financial Services License. The approval granted in April was In-Principle Approval; this time the prerequisites have been cleared and the license has taken effect.
1️⃣ Licensing: virtual asset multi-lateral trading facility (MTF) + institutional-grade custody.
2️⃣ Rollout timeline: onboarding starts in the coming weeks; first open $BTC /$USDT and $ETH /$USDT spot trading; more trading pairs will come later; fiat deposits/withdrawals are further down the line.
244
$BTSE LAUNCHES INDONESIA EXCHANGE WITH OJK LICENSE 🔥
This is a solid regulatory milestone. BTSE Group just partnered with PT Aset Kripto Internasional to launch BTSE Indonesia, fully licensed by OJK — Indonesia's financial authority. The local team handles marketing and user growth, while BTSE provides infrastructure and liquidity.
Indonesia's crypto trading volume hit $31.2B from Jan-Nov 2024, with over 22 million registered users. That's a massive user base that now has access to a regulated platform with futures and compliance-ready services.
Are you watching Southeast Asian expansion plays right now or staying focused on spot?
Not financial advice. Always manage your risk.
#BTSE #Indonesia #CryptoExchange #Regulation #Expansion
🔥
$BTSE LAUNCHES INDONESIA EXCHANGE WITH OJK LICENSE 🔥
This is a solid regulatory milestone. BTSE Group just partnered with PT Aset Kripto Internasional to launch BTSE Indonesia, fully licensed by OJK — Indonesia's financial authority. The local team handles marketing and user growth, while BTSE provides infrastructure and liquidity.
Indonesia's crypto trading volume hit $31.2B from Jan-Nov 2024, with over 22 million registered users. That's a massive user base that now has access to a regulated platform with futures and compliance-ready services.
Are you watching Southeast Asian expansion plays right now or staying focused on spot?
Not financial advice. Always manage your risk.
#BTSE #Indonesia #CryptoExchange #Regulation #Expansion
🔥
This is a solid regulatory milestone. BTSE Group just partnered with PT Aset Kripto Internasional to launch BTSE Indonesia, fully licensed by OJK — Indonesia's financial authority. The local team handles marketing and user growth, while BTSE provides infrastructure and liquidity.
Indonesia's crypto trading volume hit $31.2B from Jan-Nov 2024, with over 22 million registered users. That's a massive user base that now has access to a regulated platform with futures and compliance-ready services.
Are you watching Southeast Asian expansion plays right now or staying focused on spot?
Not financial advice. Always manage your risk.
#BTSE #Indonesia #CryptoExchange #Regulation #Expansion
🔥
23
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$BTSE ENTERS INDONESIA WITH LICENSED EXCHANGE TARGETING 22M REGISTERED USERS 🚀
Indonesia's crypto user base hit 22.11 million as of November 2024, with trading volume reaching 556.5 trillion IDR in the first 11 months. BTSE's joint venture with a licensed local platform now provides regulated infrastructure for this rapidly growing liquidity pool.
The OJK approval positions BTSE to offer futures and other derivatives under local compliance. For structure traders, this means deeper order books and more reliable liquidity zones for Indonesia-based pairs over time.
Will this bring more institutional liquidity to Indonesian crypto markets?
Not financial advice. Always manage your risk.
#BTSE #ExchangeLaunch #Indonesia #CryptoAdoption
🎯
$BTSE ENTERS INDONESIA WITH LICENSED EXCHANGE TARGETING 22M REGISTERED USERS 🚀
Indonesia's crypto user base hit 22.11 million as of November 2024, with trading volume reaching 556.5 trillion IDR in the first 11 months. BTSE's joint venture with a licensed local platform now provides regulated infrastructure for this rapidly growing liquidity pool.
The OJK approval positions BTSE to offer futures and other derivatives under local compliance. For structure traders, this means deeper order books and more reliable liquidity zones for Indonesia-based pairs over time.
Will this bring more institutional liquidity to Indonesian crypto markets?
Not financial advice. Always manage your risk.
#BTSE #ExchangeLaunch #Indonesia #CryptoAdoption
🎯
Indonesia's crypto user base hit 22.11 million as of November 2024, with trading volume reaching 556.5 trillion IDR in the first 11 months. BTSE's joint venture with a licensed local platform now provides regulated infrastructure for this rapidly growing liquidity pool.
The OJK approval positions BTSE to offer futures and other derivatives under local compliance. For structure traders, this means deeper order books and more reliable liquidity zones for Indonesia-based pairs over time.
Will this bring more institutional liquidity to Indonesian crypto markets?
Not financial advice. Always manage your risk.
#BTSE #ExchangeLaunch #Indonesia #CryptoAdoption
🎯
21
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Bullish
#ZIG is now live on #BTSE with native #ZIGChain integration.
Deposits and trading are open.
ZIGChain network deposits enabled.
Another trading venue strengthening access and liquidity pathways for $ZIG and ZIGChain assets across the ecosystem.
As the network of exchanges grows, the infrastructure supporting Wealth Generation continues to expand through broader distribution and participation.
Trade here → trade.btse.com/spot_ZIG
#RWA #NewListing
#ZIG is now live on #BTSE with native #ZIGChain integration.
Deposits and trading are open.
ZIGChain network deposits enabled.
Another trading venue strengthening access and liquidity pathways for $ZIG and ZIGChain assets across the ecosystem.
As the network of exchanges grows, the infrastructure supporting Wealth Generation continues to expand through broader distribution and participation.
Trade here → trade.btse.com/spot_ZIG
#RWA #NewListing
Deposits and trading are open.
ZIGChain network deposits enabled.
Another trading venue strengthening access and liquidity pathways for $ZIG and ZIGChain assets across the ecosystem.
As the network of exchanges grows, the infrastructure supporting Wealth Generation continues to expand through broader distribution and participation.
Trade here → trade.btse.com/spot_ZIG
#RWA #NewListing
5
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