PayBitoPro, a global cryptocurrency exchange, announced its new partnership with a finance corporation based in Malta offering its white label exchange architecture. The union will mark PayBitoPro’s growing presence in Europe, a continent with a thriving crypto presence across the island nation.
PayBitoPro has been one of the global pacesetters in crypto exchange architecture with its incorporated crypto-forex technology. The exchange highlights investor asset protection with its seamless trading performance and user experience. Clients can also benefit from its 24/7 customer support in several languages.
Blockchain pioneer and PayBitoPro chief, Mr. Raj Chowdhury asserts, “The recent slump in crypto valuations has not deterred institutional investors from seeing the bigger picture. PayBitoPro has been able to contribute to the global proliferation of digital assets building upon trust, transparency, innovation, and collaboration.”
Malta has been a crypto trading hub for a long period of time. Malta was the first nation in the world to develop an organized regulatory framework for cryptocurrencies and virtual assets ordaining the three laws in 2018. The regulatory framework helped the country to reduce criminal activities on crypto and expand crypto service providers to embrace compliance strategies and generate access to transparent and traceable records for policymakers.
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“The island nation of Malta features prominently within worldwide crypto communities as a hotspot for blockchain development, digital assets, and innovation in financial services. The strict regulations imposed by the ruling government are essential to sustain the growth of the digital economy across the nation,” inferred Mr. Chowdhury. He has previously highlighted the importance of crypto regulations and the role of blockchain analytics in the present crypto market scenario.
The crypto market has evolved in the last few years. Thereafter making headlines by reaching high peaks and falling profit margins. However, even in the bearish market, investors are willingly buying the dip. Thereafter, led to the demand for white-label crypto exchange software around the world. Financial institutions and large enterprises are planning on further adoption to leverage blockchain-underpinned crypto exchange platforms to encourage crypto activities.
Source: https://www.marketwatch.com/press-release/paybito-offers-white-label-crypto-exchange-solutions-to-a-finance-corporation-in-malta-2022-07-19