Crypto Exchanges

Story: AndX Taps BitGo Infrastructure to Launch Nationwide US Crypto Exchange

By Jean-Luc Maracon

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BitGo's Infrastructure Play. BitGo built its reputation on regulated digital asset services, and that's exactly what AndX needed.

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Compliance Framework Under OCC. Operating under OCC guidelines means AndX faces strict requirements.

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Market Entry Strategy. AndX chose speed over building proprietary systems. That's the smart play in a market where first…

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AndX USA LLC just went live. The crypto exchange now operates in all 50 states using BitGo's Crypto-as-a-Service platform, bringing a regulated custody framework under the Office…

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BitGo's infrastructure basically gives AndX the backbone it needs to handle digital assets without building everything from scratch.

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The Crypto-as-a-Service model lets AndX skip the hard part of launching an exchange. No need to negotiate with regulators from scratch or develop proprietary custody tech.

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BitGo's $250 million insurance policy sweetens the deal. That coverage protects assets against potential risks, which matters when you're asking Americans to trust you with their…

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The partnership gives AndX instant credibility in a market where trust is hard to earn. New exchanges pop up constantly. Most fail.

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Operating under OCC guidelines means AndX faces strict requirements. The Office of the Comptroller of the Currency doesn't mess around with digital assets.

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The custody solutions protect digital assets with multiple layers of security. Cold storage, multi-signature wallets, and regular audits form part of the package.

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Related: SEC Hits Crypto Executive With $16M Fraud Charges Over Fake Insurance Claims

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Federal requirements for crypto custody keep getting tougher. States add their own rules on top of federal standards.

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The regulated framework isn't just about checking boxes. It's about building trust with users who've seen too many exchanges collapse or get hacked.

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The competitive US crypto market doesn't leave much room for slow movers. Coinbase, Kraken, and Gemini already dominate. New entrants need an edge.

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Leveraging established infrastructure providers is becoming standard practice for new crypto platforms.

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