{"id":144383,"date":"2024-12-10T12:30:09","date_gmt":"2024-12-10T10:30:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144383"},"modified":"2024-12-10T01:58:55","modified_gmt":"2024-12-09T23:58:55","slug":"bitget-considers-u-s-expansion-amid-changing-regulatory-landscape","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitget-considers-u-s-expansion-amid-changing-regulatory-landscape\/","title":{"rendered":"Bitget Considers U.S. Expansion Amid Changing Regulatory Landscape"},"content":{"rendered":"<p>However, she <strong><a href=\"https:\/\/finance.yahoo.com\/news\/bitget-mulls-u-entry-while-143232457.html\" rel=\"nofollow\">acknowledged<\/a> <\/strong>that while the regulatory environment may become more favorable, significant challenges still exist.<\/p>\n<p>Bitget, currently ranked as the 7th largest centralized exchange by daily trading volume, is considering the U.S. market to capitalize on its growth potential. Despite the U.S. being one of the largest crypto markets globally, many international exchanges face hurdles when trying to enter. For example, Binance\u2019s U.S. branch was fined last year due to regulatory issues.<\/p>\n<p>Chen pointed out that Trump\u2019s administration has made moves that could benefit the crypto industry, including appointing a crypto-friendly SEC chair and implementing policies that could lead to a more favorable environment for exchanges. However, she emphasized that while the regulatory landscape might improve, navigating the complex state-level regulations remains a challenge.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-144342\" href=\"https:\/\/cryptodnes.bg\/en\/ripple-ceo-slams-sec-and-media-coverage-reveals-150m-legal-battle-over-xrp\/\" title=\"Ripple CEO Slams SEC and Media Coverage, Reveals $150M Legal Battle Over XRP\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/garlinghouse.0-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Ripple CEO Slams SEC and Media Coverage, Reveals $150M Legal Battle Over XRP<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Bitget has already seen impressive growth, with its token (BGB) rising nearly 400% this year, in part driven by the current bull market. This success has prompted the company to explore U.S. expansion again, though nothing is confirmed. Bitget had initially tried to enter the U.S. in 2022 but abandoned the effort due to compliance challenges.<\/p>\n<p>Chen noted that a potential partnership with a local company that already holds the necessary licenses could make it easier for Bitget to bypass some regulatory hurdles. However, the company has not finalized any plans, and it remains uncertain whether the U.S. will be a primary target for the exchange\u2019s future expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitget CEO Gracy Chen recently discussed the possibility of the crypto exchange expanding into the U.S. market, citing potential regulatory changes under the incoming Trump administration.<\/p>\n","protected":false},"author":7,"featured_media":114125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[426,424,122],"coin_category":[],"class_list":["post-144383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-binance","tag-crypto","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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