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LTP, a first-rate brokerage for main establishments specializing within the digital asset market, at present introduced a big growth in its international regulatory footprint. The British Virgin Islands Monetary Providers Fee (BVI FSC) has granted the LTP two vital monetary licenses. Digital Asset Service Supplier (VASP) License and Securities and Funding Enterprise (SIB) Licensing – LTP turned one of many first profitable candidates for licensing below the British Virgin Islands Digital Asset Service Suppliers Act in 2022.
The newly acquired BVI FSC license enhances the not too long ago acquired Hong Kong Securities Fee (SFC) license and additional demonstrates LTP’s dedication to offering regulated, consumer-protected monetary providers. As one of many few progressive monetary establishments permitted to function in each digital belongings and securities funding sectors below BVI’s full regulatory compliance, LTP continues to strengthen its place as a trusted international monetary providers supplier.
“These multijudicial approvals signify pivotal advances in our mission to offer institutional purchasers with a safe, totally compliant buying and selling surroundings that bridges conventional and digital belongings,” he mentioned. Jack YangFounder and CEO of LTP. “Because the digital asset market continues to mature and acquire mainstream acceptance, our expanded regulatory framework will enable us to offer a broader vary of regulated monetary providers whereas strengthening belief and belief amongst our international purchasers.”
These regulatory approvals enable LTPs to now be empowered to offer a complete vary of regulated monetary providers to institutional purchasers, together with their very own buying and selling firms, hedge funds, asset managers, and company buyers. The achievement of this regulation additional strengthens LTP’s reliability and management throughout the dynamic monetary providers panorama.
Trying forward, the corporate will develop its regulated service supply all through 2025 to satisfy the evolving wants of the institutional market and align with worldwide regulatory requirements throughout its main monetary hubs.
About LTP
LTP is a first-rate brokerage, a worldwide establishment that drives the way forward for the digital asset market. LTP bridges conventional monetary and blockchain improvements by offering safety, regulatory, safe and scalable options to its personal buying and selling firms, hedge funds, asset managers and monetary establishments. LTP is actively working with regulators, business companions and academia to advertise a worldwide digital asset economic system.
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