The Bittrex cryptocurrency exchange has announced the launch of a new Bittrex Global trading platform with headquarters in Liechtenstein. The platform will be launched in October.
It is planned to launch new features and products on the Bittrex Global platform, including customer reward programs, credit card payment support, and private token sales in accordance with European laws. A special mobile application with the ability to trade cryptocurrencies will also be launched.
Bittrex Global’s CEO will be Kiran Raj, a former partner at law firm in Los Angeles “O’Melveny & Myers”.
The law governing cryptocurrencies in Liechtenstein was passed this spring. Along with strict rules regarding anti-money laundering and user identification requirements, the law provides a clear legal basis for the possession, transfer and secure storage of token stocks.
Recall that recently the Bittrex exchange introduced the Chainalysis KYT solution to track suspicious transactions and other activity when trading on the platform.