Bittrex International coming to Liechtenstein
The digital trading platform Bittrex International is expanding into Liechtenstein. The principality offers an excellent regulatory environment for Blockchain firms and is also an important European financial center, according to CEO Bill Shihara.
The cryptocurrency stock exchange Bittrex is expanding its digital trading platform Bittrex International into Liechtenstein, as outlined in a press release. The platform facilitates an approval process for digital commercial values, which can then be traded. In the summer, the company intends to launch on the euro markets and enable fiat trading in euro for the first time.
According to information provided by the company itself, Bittrex International will operate in Liechtenstein in accordance with the proposed Blockchain Act. CEO of Bittrex, Bill Shihara, takes the view that this will bring legal security for Blockchain companies. In this context, the Liechtenstein government are pursuing “a very proactive approach to foster innovation in Blockchain”, according to Shihara. He states that this is also Bittrex’s mission.
“We are delighted to launch Bittrex International in Liechtenstein and offer our clients access to such a well-established financial center in the heart of Europe”, Shihara commented. He adds that this is a unique opportunity for Bittrex International to bring its technology to a market with great infrastructure, innovation-orientated regulators and a well-educated workforce.
Bittrex was founded in 2013 by Shihara. The company is headquartered in Seattle, USA. Bittrex International operates out of Malta.