According to ChainCatcher news, BitMart has announced that its local subsidiary has successfully obtained a Trust or Company Service Provider (TCSP) license issued by the Hong Kong Companies Registry. This license allows the licensed entity to provide digital asset custody services and other related activities within the jurisdiction.

BitMart is actively building a compliant licensed platform that aligns with the regulatory framework for Virtual Asset Trading Platforms (VATP). Implementing Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CTF) obligations, ensuring that every transaction is carried out in a secure and reliable environment.