A crypto derivatives platform that has primarily focused servicing Asia is looking to set up shop in the U.S. Singapore-based Bitget said Friday it had registered with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) as a money services business ahead of plans for a full-scale launch in the country. Established in 2018, Bitget provides crypto trading services for retail and institutional investors. It started out as a spot exchange before pivoting into derivatives last summer, where it now averages around $1 billion a day in trading volume, according to a company spokesperson. See also: ... (full story)