It is important to note that WEEX is very eager to take its place not by rushing to release plenty of features, but by creating a solid legal foundation
Founded in 2018, WEEX exchange is a young platform, yet it boasts a rapid and sustained growth trajectory.
In a bid to establish a strong legal foundation for its global financial transactions, even in the most stringent jurisdictions, WEEX is notably eager to prioritize legal compliance over the hasty release of numerous features.
Legally incorporated in Singapore under the name Weex.Inc., WEEX operates its headquarters in Taiwan and Dubai, adhering to the local AML and KYC regulations.
Moreover, WEEX holds a license from the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) with the registration number 2824, along with MSB licenses in various jurisdictions including the USA and Canada, while applications for licenses in Australia, the Philippines, and other regions are currently pending.
Furthermore, in a clear demonstration of its commitment to regulation, WEEX not only declares the possession of these licenses but also provides specific details regarding each license.
For instance, the US MSB license carries the entity ID #20218044035 and confirmation number 13551646.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.