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Bitget Plans Thai Exchange Acquisition Despite Restrictions on Serving Local Users

Bitget Plans Thai Exchange Acquisition Despite Restrictions on Serving Local Users

Photo: Finance Magnates

Bitget plans to acquire Thailand-based digital asset exchange operator GMO-Z.com Cryptonomics, weeks after a security incident affected its hot and warm wallets . The proposed deal follows Bitget's recent announcement that it would discontinue services for certain users in what it described as a “one-off exercise.” London's trading industry is coming home! Bitget's terms of use, updated earlier this month, list Russia, Belarus, Kazakhstan and Thailand among the jurisdictions where its services are prohibited.

Source: Finance Magnates

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