On a groundbreaking day, November 17, 2023, in the vibrant city of Singapore, Bitkub Online Company Limited inked a monumental memorandum of understanding with digital titans Coin.ph, Indodax, and Coinhako. This marked the inception of ‘The Digital Asset Exchange Alliance’, a licensed powerhouse dedicated to fostering growth and innovation in the booming digital asset ecosystem. With a unified front, they are ready to navigate the exciting twists and turns of the burgeoning world of digital assets.
The maestro behind Bitkub Online, Mr. Atthakrit Chimplapibul, passionately expounded on the vision behind this strategic alliance: “Uniting four vanguards of the digital exchange realm in Southeast Asia under a common banner reflects our readiness to face the rapid pace of innovation and emerging challenges in the fluid landscape of digital assets. Our ultimate mission is to fortify the trustworthiness and security of our platforms. Certificates of excellence and regulatory approval embellish the resumes of Bitkub Exchange, Coinhako, Coins.ph, and Indodax – strengthening customer faith in our services.”
This fusion of intellectual prowess aims to catalyse growth in the digital asset market across four pivotal pillars:
- Tightening Regulatory Safety Nets: By creating an open channel for exchanging insights into the regulatory landscape of digital assets across various countries, the alliance seeks to shape a reliable, fair legal environment conducive to business growth and customer satisfaction.
- Exchanging Wisdom: The partnership envisages a secure trading experience by bringing together best practices, security measures, and quality services which will undoubtedly bolster customer confidence.
- Bridging Boundaries: A crucial goal is to weave a vast network that connects projects, content creators, and users affording widespread access to digital assets in a secure, trustworthy setting.
- Cultivating Financial Savviness: A mission to educate users about the perks of trading licensed digital assets, advocating responsible trading strategies, and promoting overall financial literacy is at the heart of this alliance.
Mr. Atthakrit fervently spoke about Bitkub Exchange’s unwavering commitment towards building secure services – enhancing user experience and security while complying with law. Mr. Yusho Liu, at the helm of Coinhako, echoe the same sentiments, asserting that the alliance’s vision was to empower users through a transparent market system that capitalized on collective strengths and minimized weak spots. Coin.ph’s top man, Mr. Wei Zhou was not far behind in highlighting the possible leaps of growth this could introduce to the regional digital asset scene- reigniting the flicker of partnering with other top industry players. Indodax’s CEO, Mr. William Susanto, shone a light on the significance of being licensed digital trading service providers and the importance of legal compliance and user safety in a rapidly modernizing market.
This dynamic collaboration emphasizes the importance of holding coveted licenses and certification from territorially respective regulatory bodies – a strategic move to minimize risk and inspire user trust. By adhering to robust legal practices and leveraging their combined expertise, this alliance holds high hopes of maintaining its competitive edge in the Southeast Asian digital asset scene.
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