First of all, Bit2Me CEO Leif Ferreira stressed that the company has no exposure whatsoever, it is not affected by what is currently happening in the market, a purge of players who do it wrong versus those who do it right.
During the AMA, held to answer the questions and concerns of the community, Leif Ferreira highlighted that there are players in tax havens, unlike Bit2Me, which is established and has its offices on Spanish soil, within the European Union and has been the first company in the sector to obtain registration from the Bank of Spain, so this situation not only does not affect him negatively, but rather strengthens his position.
Ferreira also noted that, in fact, Bit2Me is the platform with the largest ecosystem of products located on non-tax haven European and Latin American soil, explaining that in the US there is Coinbase and in Europe there is Bit2Me and emphasizing that The company's users and customers can rest easy.
In this way, news such as the one recently announced by Telefónica shows that Bit2Me has never stopped providing transparency and complying with the regulations of the sector, even since 2015, when KYC was already implemented, ensuring total commitment to the industry. Now the regulation itself has understood that doing KYC is a way of protecting users.
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Ferreira explained that Bit2Me has private clients or users, companies, institutions and governments and, in fact, the first operation of sale of confiscated coins in Spain was done with Bit2Me, because, in the words of the CEO: “We are also very conscious of cleaning up the sector from players and bad actors.".
Responding to users' questions, Leif stressed that Bit2Me cannot be seen in a situation like the one that has occurred in recent days in the market because In Bit2Me all cryptocurrencies are backed one by one with the wallets and when a user wants to withdraw, he withdraws.
He also explained that the company's public accounts can be seen in the registry and noted that Bit2Me is working on the creation of a reserve test that will be made publicThis is very important because it helps users see that the cryptos that are on the platform are there, being a key proof of transparency. He also announced that Bit2Me has obtained one of the most important certifications in the world related to this field.
Maybe you are interested: Bit2Me presents Custody, its new cold custody service for digital assets
To continue to deepen the company's security and provide more transparency and peace of mind to customers, Leif also outlined the importance for the company to comply with the highest standards of cybersecurity at all times and assured Bit2Me's commitment to continue working always along this line of constant improvement in this area.
Finally, he called on governments to provide adequate regulation adapted to the reality of the sector, highlighting that all institutions, governments and large companies have their eyes on this sector in a very positive way, assessing that 2023 is going to be a year of many integrations and that everyone is going to approach the crypto sector, with security and transparency being key to positioning itself as a safe and reliable company in the sector.
