TechFlow news — On July 4, cryptocurrency exchange BitgetX announced a strategic partnership with the Hong Kong Virtual Asset Rating Agency (HKVAC). As an independent professional credit institution, HKVAC provides credit ratings for the crypto industry, particularly focusing on cryptocurrency exchanges and all actively traded cryptocurrencies. This collaboration aims to promote the healthy development of Hong Kong's digital asset sector by establishing compliance management standards for trading platforms, enhancing trading quality, and offering investors improved risk management services and a secure trading environment.
Patrick Pan, co-founder and CEO of BitgetX, said: "At BitgetX, we are committed not only to being part of the crypto industry but also to shaping and driving its future. We aim to build a compliant and secure digital asset ecosystem for global markets, with a particular focus on advancing the Web3 industry in Hong Kong—one of our core missions."
