Which country is AscendEX exchange located in?

Headquartered in Singapore and owned by Ascendrex Global Limited in the Seychelles, AscendEX Exchange operates in over 200 countries worldwide, ensuring accessible cryptocurrency trading on a global scale.

Nov 26, 2024 at 08:54 am

The Enigmatic AscendEX Exchange: Delving into its Founding, Ownership, and Global Footprint

Within the multifaceted realm of cryptocurrency exchanges, AscendEX stands as a prominent player, attracting the attention of traders and investors alike. Yet, many remain curious about the intricacies behind this enigmatic platform. This comprehensive article seeks to shed light on AscendEX's origins, ownership structure, and global reach, addressing the following key questions:

1. Where is AscendEX Exchange located?
2. Who owns AscendEX Exchange?
3. In which countries does AscendEX Exchange operate?

1. Where is AscendEX Exchange located?

AscendEX Exchange has its headquarters in Singapore, a global financial hub renowned for its pro-business environment and robust regulatory framework for digital assets. The exchange's strategic location in Singapore enables it to tap into a vast pool of talent, facilitate seamless cross-border transactions, and cater to a diverse clientele spanning multiple jurisdictions.

2. Who owns AscendEX Exchange?

AscendEX Exchange is owned and operated by Ascendrex Global Limited, a company incorporated in the Republic of Seychelles. The Seychelles is recognized as a popular jurisdiction for cryptocurrency exchanges due to its favorable tax regime, supportive regulatory environment, and commitment to fostering innovation in the digital asset space.

3. In which countries does AscendEX Exchange operate?

AscendEX Exchange maintains a global presence, servicing customers in over 200 countries and regions worldwide. The exchange's extensive geographical reach reflects its commitment to providing accessible and reliable cryptocurrency trading services on a global scale.

Top Countries Where AscendEX Exchange Operates:

• United States
• United Kingdom
• Canada
• Australia
• Japan
• South Korea
• Hong Kong
• Singapore
• United Arab Emirates
• India

Regulatory Compliance and Licensing:

AscendEX Exchange prioritizes regulatory compliance and has obtained licenses or registrations in several jurisdictions to ensure adherence to local regulations and safeguard user interests.

• United States: Registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business (MSB).
• Canada: Registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
• Australia: Licensed by the Australian Transaction Reports and Analysis Centre (AUSTRAC).
• Japan: Registered with the Japanese Financial Services Agency (FSA).

Additional Global Operations:

AscendEX Exchange also has offices and operations in several other countries around the world, including:

• Estonia
• Panama
• Malaysia
• Thailand

Conclusion:

AscendEX Exchange's strategic location in Singapore, ownership structure, and global presence contribute to its reputation as a reliable and accessible cryptocurrency exchange. The exchange's adherence to regulatory compliance and commitment to providing a secure trading environment have further solidified its position as a trusted platform for both retail and institutional investors.