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Jakarta, Pintu News – Webull Corp. has announced the return of cryptocurrency trading services for customers in the United States. After being discontinued in 2023 in a bid to go public, the service has now been reactivated for all American customers.
Check out the full information in this article!
Webull first introduced crypto trading services a few years ago, but was forced to discontinue them when regulations around crypto became an obstacle.
According to a report from Bloomberg, the company had launched Webull Pay as a separate app for managing digital assets.
However, all services have now been integrated back into one main Webull app. Customers can manage their accounts and trade crypto, stocks and options in one place.
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Anthony Denier, CEO of Webull in the US, emphasized that the previous removal of crypto services was against the wishes of customers.
With the change of administration in Washington and the presence of President Donald Trump, there is greater support and clearer rules for digital assets.
“Now, with the new administration prioritizing regulatory clarity and the adoption of digital assets, the conditions are very favorable,” Denier said.
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Stephen Yip, CEO of Webull Pay, stated that cryptocurrencies have become an important part of today’s diversified investment strategies. The company strives to simplify the process and bring all services together on one platform.
This makes it easier for customers to manage their wealth and growth. Webull now supports trading of over 50 digital assets, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
With over 24 million users in 14 different markets, Webull plans to expand its crypto trading services to more countries after its success in Brazil. Webull’s return to providing crypto services in the US marks a major step in their vision to become a leader in digital finance.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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