According to the Wall Street Journal, the Bitcoin futures trade contract of BITMT (www.bitmt.io) and futures exchange of Intercontinental BAKKT are expected to become the first batch American institutions, winning the approval of supervision department.
Apart from not providing the registration service to American users, BITMT Bitcoin futures contract completes the layout in Asia-Pacific and Russia within one year. This exchange has never stopped the close relationship with American Commodity futures Trading Commission (CFTC). The disputes of CFTC are that whether the BITMT supervision and client property custody are transparent, and the financing duties of tax rate is explicit. But the involved commercial fraud and market fairness investigation still need to be further decided by CFTC. And the split expansion of BITMT is still a challenge to the supervision department.
The Russian software company – MetaquotesSoftware Corp admits to support BITMT trading system and not to violate Russian and American sanction regulations. This company only takes part in the blockchain and software sector but not involves the commercial operation. Promoting encrypted currency BITMT trade engine to be the parallel product of financial derived system MT4/MT5 is the final goal of this company.
BIT INVESTMENT THIRTY-THREE whose head quarter locates in Maryland USA, has an ownership right in BITMT (Registration Enquiry https://appext20.dos.ny.gov/corp_public/CORPSEARCH.ENTITY_SEARCH_ENTRY). The enterprise deems that the Bitcoin would never disappear and the encrypted currency would share the value hedge of gold reserve. And the human would prefer the more convenient and privacy products and it also enjoy that the Bitcoin would has a similar birth and growth circle and space of Euro. The primary task is to form strategic layout in Asia-Pacific emerging market and then the Russian Far East. For sure, if CFTC approves BITMT’s application, the company would become the first batch most competitive Bitcoin futures contract institution.
Bitcoin futures contract attracts more financial institution’s attention and participation and enjoys the higher popularity than Bitcoin ETF. ETF would stimulate more investment and financing behaviors as well as the cautious judgement of the supervision unit. But for the Bitcoin futures contract, the ready-made CFTC regulations can be the direct reference.
At present, the BITMT Philippine subsidiary corporation – BITVENTURES INC.LIMITED has gained the encrypted currency trading license tag by Philippine (https://ceza.gov.ph) government. As well, the Cambodian subsidiary corporation – BITRECHARGE TRAVEL SOLUTIONS CO. LTD. has acquired the encrypted currency trading license tag from the Ministry of Commerce and Ministry of Finance of Kingdom of Cambodia (https://www.businessregistration.moc.gov.kh). At the same time, BITMT has already obtained the anti-money laundering regulations signed by FSS, the anti-money laundering regulations from FFMS and entry condition official document of Hong Kong blockchain institution.
The most attractive features are always the compliance exchange, security and stable system, open model, strong industry admittance as well as the sustainable and sound development of encrypted currency.
Media ContactCompany Name: BitMT.ioContact Person: Alex NelsonEmail: Send EmailPhone: +852 90647547Country: United StatesWebsite: www.bitmt.io
