Abstract：Webull announces the integration of Webull Pay to boost crypto trading, with plans to expand in the United States after a successful Brazil launch amid evolving regulations.
Webull Corporation (NASDAQ:BULL) is advancing its position in the digital asset space with the exciting news of its Webull Pay integration. The online investment platform announced today that Webull Pay LLC will rejoin the Webull group, a strategic move that will enhance Webulls cryptocurrency trading services for users worldwide.
This integration follows the successful launch of Webull crypto trading in Brazil last month, which has garnered positive engagement. Now, Webull is setting its sights on expanding crypto trading in the United States. The platform aims to offer crypto trading to U.S. users in the third quarter of this year.
Anthony Denier, Group President and U.S. CEO of Webull, highlighted that the recent improvements in cryptocurrency regulations in both the U.S. and globally played a key role in their decision to reintroduce crypto trading on the platform. He emphasized that the integration of Webull Pay will streamline operations and improve customer service, aligning with the companys adoption of blockchain technology and its response to evolving regulations.
As part of the deal, Webull Pay Inc., the parent company of Webull Pay LLC, will become a subsidiary of Webull Corporation. The agreement has already received approval from Webulls board and Webull Pay Inc. shareholders. The transaction is now pending customary closing conditions, including regulatory approval.
With Webulls expansion of crypto trading through Webull Pay, investors in both the U.S. and global markets can expect enhanced access to the rapidly growing crypto industry.
You may access the Webull's broker page for more news and updates: https://www.wikifx.com/en/dealer/1238913678.html
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