Bitget enters India's official law enforcement portal to deepen local compliance construction
on June 23, Bitget officially connected to the Sahyog portal platform under the Indian Cyber Crime Coordination Center (I4C). It became one of the few global cryptocurrency trading platforms to join this system. Sahyog is the official collaboration interface between Indian law enforcement agencies and digital service providers. This connection means that Bitget will respond to data requests from Indian law enforcement agencies through legal and compliant, secure and efficient channels, in accordance with Section 94 of the Indian Citizen Security Act and Section 79(3)(b) of the Information Technology Act.Hon Ng, Chief Legal Officer of Bitget, said: "India is an important market in our global strategy. Connecting to the Sahyog platform is an important step for Bitget to implement local regulatory requirements and strengthen compliance cooperation. We will continue to optimize the compliance system to assist law enforcement agencies in governance and regulation in the digital asset field."Against the backdrop of increasingly strengthened global regulation, Bitget is actively deepening its compliance layout in major markets. This entry into Sahyog not only strengthens cooperation with Indian regulatory agencies, but also demonstrates its long-term commitment to building a transparent and trustworthy encrypted ecosystem.
Analyst: Short-term holders sold 17,800 BTC in 24 hours, US-Iran conflict heightens market vigilance
according to Cryptoquant analyst Axel Adler Jr's monitoring, in the past 24 hours, a total of 17,800 bitcoins were sold by short-term holders on centralized exchanges, with 14,700 bitcoins sold at a loss and 3,100 bitcoins sold at a profit, resulting in a net sales volume of 11,600 bitcoins.The drop in bitcoin price occurred against the backdrop of the weekend attack by the United States on three nuclear facilities in Iran, with the United States joining the ongoing conflict between Israel and Iran. Due to the possibility of a response from Tehran, including threats to American personnel in the Middle East or potential closure of the Strait of Hormuz, the market is currently in a state of high alert.
Survey: Nearly three-quarters of young investors prefer Bitcoin to gold
June 23 latest global survey shows that 73% of investors aged 24-45 see Bitcoin as a better long-term investment choice than gold. The survey covered 730 clients worldwide, with young investors seeing Bitcoin as "digital gold," believing it is borderless, easy to access, and in line with future development trends.DeVere CEO Nigel Green said that Bitcoin and gold are not competitors, but different assets that solve different problems. He advised investors to hold both assets to deal with macroeconomic uncertainty, changes in monetary policy, and geopolitical risks. Green predicts that by 2025, the price of gold will reach $5,000 per ounce, while Bitcoin will rise to $150,000.