Bitget Boosts AML Measures Amid New Regulations

Bitget, a cryptocurrency exchange that offers spot and futures trading, is strengthening its Anti-Money Laundering (AML) measures in response to new regulations. The platform will implement enhanced screening, monitoring, and restrictions for transactions involving certain entities, which may include sanctioned individuals or high-risk parties.

The exchange's compliance framework supports a risk-based AML program, customer due diligence processes, transaction monitoring tools, and sanctions screening. Bitget notes that its controls will adapt according to user risk profiles and changing regulations.

Bitget's compliance policies also mention cooperation with law enforcement and limitations on access in restricted jurisdictions.