GEORGE TOWN, Cayman Islands, March 19, 2025 — Toobit, a cryptocurrency derivatives trading platform recognized with awards, has obtained a Virtual Asset Service Provider (VASP) license in Poland from the Polish Financial Supervision Authority (KNF).

The exchange, a leading global platform, underwent evaluation of its anti-money laundering (AML) and know-your-customer (KYC) procedures as part of the registration. These procedures currently align with the newest EU financial standards.

“Securing the Polish VASP license demonstrates our dedication to operating within a regulated environment,” stated Mike Williams, Chief Communication Officer at Toobit. “This achievement is particularly noteworthy given the European Union’s impending rollout of MiCA, as it positions us favorably in terms of regulatory compliance.”

The exchange anticipates continued expansion in Poland, a developing cryptocurrency market with rising adoption of digital assets, thanks to the license. According to Statista, the number of cryptocurrency users in the region is predicted to reach 7.91 million by 2025. As a result, projected revenue in the cryptocurrency markets in Poland is anticipated to reach US$514.2 million.

The Ministry of Finance of Poland issues the Polish VASP license, which is governed by the KNF. Licensed VASPs are obligated to adhere to Poland’s Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations.

About Toobit

Toobit is a cryptocurrency derivatives exchange built for the future of crypto trading and designed for those seeking to explore new opportunities. With substantial liquidity and advanced technology, Toobit enables traders worldwide to navigate the digital asset markets confidently. The platform aims to deliver a fair, secure, seamless, and transparent trading experience, where every trade presents an opportunity for discovery.

For more information about Toobit, visit: | | | | |

Contact: Davin C.

Email: market@toobit.com

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