BTPXS Announces License Applications in Singapore, Hong Kong, and Brazil to Accelerate Global Compliance Strategy | Currency News | Financial and Business News | Markets Insider
UK-based fintech company DATANEST RESEARCH LIMITED officially announced today that its cryptocurrency trading platform BTPXS has submitted financial license applications to the Monetary Authority of Singapore (MAS), the Securities and Futures Commission (SFC) of Hong Kong, and the Brazilian Securities and Exchange Commission (CVM). This move marks a new phase in BTPXS’s global compliance strategy, strengthening its legitimacy and expanding its cross-border operational capabilities.
According to DATANEST, the current applications cover core financial licenses required for digital asset platform operations, including but not limited to: digital payments, virtual asset trading, custody services, and anti-money laundering (AML) compliance registration. The company has completed the necessary legal reviews and audit preparations, and has appointed globally recognized law firms to manage the process, ensuring transparency, legality, and procedural efficiency.
“We understand that a global trading platform must undergo rigorous international regulatory scrutiny,” said , spokesperson for DATANEST. “BTPXS has followed a clearly defined compliance roadmap since day one. This round of applications is a key step in fulfilling our long-term responsibility and building a trusted ecosystem.”
BTPXS currently serves users in over 40 countries and regions worldwide, with an active user base that continues to grow. These license applications will not only help establish a legal presence in key Asia-Pacific and Latin American markets but also ensure that local users are provided with compliant, secure, and transparent digital asset trading access—removing uncertainties tied to regulatory ambiguity.
Singapore and Hong Kong are recognized as Asia’s leading digital finance hubs, while , as one of the most progressive blockchain and fintech markets in Latin America, represents a strategic entry point for BTPXS into emerging markets. Upon successful approval, BTPXS will achieve regulatory recognition in three critical global financial jurisdictions, laying a strong foundation for expanding its AI ecosystem, Web3 finance solutions, and institutional client services.
In addition to its trading services, BTPXS will also serve as the settlement backbone for —DATANEST’s AI compute token project. DATANEST emphasizes that all services involving cross-border capital flows, algorithmic service exchanges, and digital compute transactions will be conducted in full compliance with local financial laws and incorporated into future licensing frameworks—realizing the company’s global vision of “technology deployment + regulatory integration.”
is a cryptocurrency trading platform independently developed by UK fintech company , committed to delivering a secure, high-performance, and low-latency digital asset trading experience. Built on a proprietary high-speed matching engine and distributed architecture, the platform serves institutional and individual investors globally and sets a benchmark for next-generation trading infrastructure.
Contact
You may also like...
Diddy's Legal Troubles & Racketeering Trial

Music mogul Sean 'Diddy' Combs was acquitted of sex trafficking and racketeering charges but convicted on transportation...
Thomas Partey Faces Rape & Sexual Assault Charges

Former Arsenal midfielder Thomas Partey has been formally charged with multiple counts of rape and sexual assault by UK ...
Nigeria Universities Changes Admission Policies

JAMB has clarified its admission policies, rectifying a student's status, reiterating the necessity of its Central Admis...
Ghana's Economic Reforms & Gold Sector Initiatives

Ghana is undertaking a comprehensive economic overhaul with President John Dramani Mahama's 24-Hour Economy and Accelera...
WAFCON 2024 African Women's Football Tournament

The 2024 Women's Africa Cup of Nations opened with thrilling matches, seeing Nigeria's Super Falcons secure a dominant 3...
Emergence & Dynamics of Nigeria's ADC Coalition

A new opposition coalition, led by the African Democratic Congress (ADC), is emerging to challenge President Bola Ahmed ...
Demise of Olubadan of Ibadanland

Oba Owolabi Olakulehin, the 43rd Olubadan of Ibadanland, has died at 90, concluding a life of distinguished service in t...
Death of Nigerian Goalkeeping Legend Peter Rufai

Nigerian football mourns the death of legendary Super Eagles goalkeeper Peter Rufai, who passed away at 61. Known as 'Do...