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Bitget Will Enter US With Or Without CLARITY Act Bitget (@bitget) will move into the U.S. market even if the CLARITY Act fails to pass, according to CEO Gracy Chen (@GracyBitget). The offshore exchange is seeking regulatory licenses and plans to launch a separate U.S. entity.
Bitget announced that it will enter the U.S. market by seeking regulatory licenses and creating a separate U.S. entity, even if the CLARITY Act does not pass.
Published:
Updated:
What happened
Bitget announced that it will enter the U.S. market by seeking regulatory licenses and creating a separate U.S. entity, even if the CLARITY Act does not pass.
Confirmed
Global impact / market context
Entering the U.S. gives Bitget access to a large pool of crypto traders, potentially increasing its trading volume and revenue. It also shows the firm’s confidence in obtaining U.S. licences despite regulatory uncertainty.
Analyst inference
The U.S. crypto market is tightly regulated, and many exchanges wait for clear rules before expanding. Bitget’s move signals a shift toward proactive compliance, which could pressure other offshore platforms to follow suit.
Analyst inference
What to watch
- Progress on Bitget’s applications for U.S. licences, which will indicate how quickly the exchange can launch its U.S. entity. Proposed
- Any legislative developments on the CLARITY Act, as its passage or failure could affect the regulatory environment for crypto exchanges. Proposed
- Reactions from existing U.S. exchanges, which may adjust their own compliance strategies in response to Bitget’s entry plans. Analyst inference