Regulation compliance key to India’s crypto future — Bitget COO

As crypto exchanges face regulatory challenges globally, Bitget chief operating officer Vugar Usi Zade emphasized compliance and innovation for sustainable growth.

Cryptocurrency exchanges and the broader industry face increasing global regulatory pressure, with compliance measures ranging from user security to transparent operations.

In India, challenges have emerged as its population steadily adopts cryptocurrencies and the country adjusts its taxation and compliance policies.

In an interview with Cointelegraph at India Blockchain Week 2024, Bitget chief operating officer Vugar Usi Zade discussed the importance of regulatory clarity for fostering trust and ensuring the safe integration of digital finance into mainstream systems.

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