SINGAPORE, October 11, 2022 /PRNewswire/ — MoonXBT, the leader crypto Social Trading Exchange, signed the Memorandum of Understanding with Securities and Exchange Regulator of Cambodia (SERC) on October 11th at One Central Tower in Phnom Penh, Cambodia. MoonXBT will work closely with SERC to promote the development of the digital assets in Cambodia in terms of awareness and human resources etc.
The MOU signing conference was attended by some of the highest-ranking officials and guests, including SERC Chief Director Sou Socheat, China Development Institute (CDI) Vice Dean Dr. Qu, the former vice president of the Bank of Chinadr Wang, and the deputy chief of the department at the Securities and Exchange Commission of Cambodia, Pic Rithy.
MoonXBT, represented by its Country Manager Anderson, is the only one crypto On-site exchange among other participants who have signed the MOU. MoonXBT is also the second crypto Exchange to Binance, which also signed the MoU with SERC in June this year to become a working partner of SERC.
Mr. Sou Socheat, the chief director of SERC, also published a post on his personal Facebook account, highlighting the cooperation between SERC, CDI and MoonXBT.
This is a great recognition of MoonXBT’s legitimacy and professionalism as a crypto Exchange platform as it can be chosen as the second exchange after Binance to partner with SERC, according to Anderson, the country manager of MoonXBT.
In addition, it demonstrates MoonXBT’s full ability to operate in compliance with regulations. “It means a lot more than just getting licenses from local government, top government trust in MoonXBT is easy,” says Anderson. In addition to Cambodia, MoonXBT also cooperates with local regulators in other countries and regions. But with this launch, the platform is expected to gain regulatory recognition in more countries soon.
According to the MOU, MoonXBT will support the SERC in the further development, launch and…
