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BTSE, a digital asset exchange, has won a green light to be registered in Liechtenstein. The approval is under the Token and Trustworthy Technology Service Provider Act.

BTSE AG, BTSE's legal entity registered in Liechtenstein, has obtained the registration granted by the country's Financial Market Authority. This allows the entity to operate as a regulated Trustworthy Technology (TT) Exchange Service Provider in the principality and provide services related to tokens and cryptocurrencies, subject to compliance with the TVTG.

"Situated in the heart of Europe, not only does Liechtenstein offer a stable political and economic environment, it's also among the first countries worldwide to introduce a comprehensive regulatory framework for the blockchain industry,” Henry Liu, chief executive of BTSE, said. “Obtaining this registration is yet another crucial step in our goal of expanding access to crypto finance worldwide. We're proud to have such clear proof of our long-standing commitment to building a secure, reliable, and compliant global business.”