Fastex is beyond honored to announce that Fastex Europe has been granted a Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator registration in Lithuania.
This milestone achievement represents Fastex’s first VASP in Europe and once again demonstrates our commitment to being a compliance-first exchange. Compliance and regulation are critical factors for the success of the crypto and blockchain industry. And as a relatively new player in the field, Fastex focuses its attention on growing our compliance capacity to prevent any kind of fraud and illicit activities and takes all the measures to ensure utmost compliance.
The process of applying for licenses and registrations with various regulators around the world continues, and Fastex is seeking to become one of the most regulated and compliant digital asset service providers.