Bittrex, the U.S. cryptocurrency exchange, will launch the new Bittrex Global platform, headquartered in Liechtenstein, in late October, the Cointelegraph reports.
Bittrex Global will offer a “wide range of tokens”, as well as customer reward programs, credit card payment support, the sale of private tokens in accordance with EU law and a mobile application for trading cryptocurrencies.
The exchange chose the jurisdiction of Liechtenstein because of the favorable regulatory environment regarding the crypto industry.
In May, Liechtenstein authorities adopted the so-called blockchain law.
Despite the fact that the blockchain in the document has a broader definition - “technology based on trust”, the law regulates the issue and circulation of digital assets, as well as the activities of service providers.