On November 11, 2019, Singapore Fintech Festival, hosted by the Singapore Financial Supervisory Authority and co-organized by the Singapore Banking Association, was held at the EXPO Exhibition Centre in Singapore. As a global cryptocurrency exchange platform registered in Singapore, BitTok was invited to participate in this event, which is another international event after the Indonesia and Malta Summit. This summit is the largest and most influential industrial activities in Singapore in 2019.
At this summit, BitTok, as a Singapore registered digital asset trading platform was favored by many guests. The summit is composed of keynote speeches, sub-forums and panels. Financial elites from Asia, Australia and other areas gather here to discuss issues related to the future financial sector and the digital monetary economic system.
During the event, Saudi Arabia’s Vice President of Payment Strategy Mohsen Alzahrani, Australian Securities and Investment Commission Vice President Mark Adams, Accenture Global Blockchain Leader David Treat, JP Morgan Chase Blockchain Executive Director Christine Moy and other industry heavyweights has all shared their opinions in the stage. BitTok was invited to participate in this summit and also defined its role in the future digital currency ecology, comply with the tide of digital currency, and contribute to the upcoming new economic system of the world.
Earlier this month, Sopnendu Mohanty, head of the Singapore Finance Department, publicly stated at an event in Japan that Singapore is now more open to cryptocurrencies. In recent years, blockchain technology companies and financial companies have emerged in Singapore, where will be more and more compliant. As a local company in Singapore, BitTok has always strictly abide by the laws and regulations of various countries and regions, and spare no effort to carry out various compliance and review.
According to BitTok team leader, BitTok will have more quality projects in the future. Under the premise of ensuring the stability and security of the existing services, more service functions will be provided, and more partners will be absorbed in an open and rigorous manner. The person in charge also said that BitTok’s goal is to have a place in the global financial system of digital currency. Globalization and compliance have always been the goal of BitTok. In the future, there will be a more compliant, safer and more comprehensive digital asset management platform in front of everyone.
With this summit, BitTok has become a rising star in Singapore’s financial industry and has successfully opened the door to a global emerging economy. Especially during the summit, many executives such as Bahrain Central Bank, Bahrain Economic Development Bureau and Saudi Arabia’s only major payment system, Saudi Payments executives Mohsen Alzahrani, have been invited to attend the summit and deliver important speeches. It can arrange face-to-face meetings and deep exchanges of Middle East digital currency exchange licenses to lay a solid foundation for BitTok’s Middle East and European market expansion.