Throughout November, we took part in multiple initiatives driven by our entrepreneurial spirit and the bustling pace of an ecosystem that kept moving at high speed, with numerous all-time highs for cryptocurrencies during the month.
We Collaborated with Those Affected by the floods in Valencia
In solidarity with those impacted in the Valencian Community by the damage caused by the floods, we enabled ETH, BTC, and USDT addresses for two weeks, allowing voluntary donations with zero commission. These funds, combined with contributions from C.D. Castellón, resulted in a total donation of over €410,000 for this cause.
Through this action, we reinforced our commitment to the community and our region of origin, fostering mutual and swift aid in times of need.
We Won the Rankia Award for Best Cryptocurrency Exchange!
Our strong commitment to our users and regulators, our focus on security, and our broad range of cryptocurrencies earned us this new award in 2024.
Strengthening Our Presence in the Argentine Market: Participation in LaBitConf
Part of our team traveled to and participated in one of the largest Bitcoin and cryptocurrency events in South America. It was an incredible experience that brought us closer to our users in Argentina, helping us better understand their needs, the complexities of this emerging market, and further solidify our strategy in Argentina.
We Were Invited to Mastercard for Fintechs
Our CSO, Abel Peña, traveled to Paris, France, to participate in the panel Exploring the Frontiers of Cryptocurrencies and Web3 alongside experts from Mastercard, Tether (issuers of USDT and EURT), and Ledger.
The discussion focused on exploring opportunities generated by cryptocurrencies and Web3 for fintechs, as well as the current boundaries in their adoption and implementation worldwide.
Present at the 2024 Compliance Officer Day, Organized by the Spanish Compliance Association
João Augusto Teixeira, our Chief Compliance Officer and MLRO, joined prominent professionals from MASORANGE, ASCOM, and Microsoft to discuss the implementation of artificial intelligence in businesses and the compliance risks associated with these implementations, which have gained significant momentum over the past year.
III International Congress on Digital Assets and the Financial Sector
Javier Tordable, Co-founder and CEO of STX (part of the Bit2Me group), participated in the eighth roundtable discussion on the Tokenization of Financial Instruments. Key topics included the development and impact of European and Spanish regulations on Distributed Ledger Technology (DLT), its relationship with the banking sector, the tokenization of assets, and their impact on financial markets.
Honored at the Iberian Lawyer Gold Awards 2024
João Augusto Teixeira, Chief Compliance Officer and MLRO at Bit2Me, was recognized for his leadership in guiding the company’s legal team. Together with our collaborators, they successfully managed strategic operations, further elevating Bit2Me’s reputation in compliance across Europe and globally.
Notable Press Mentions in November
Cinco Días highlighted Bit2Me’s support, alongside other companies in the sector, for those affected by the DANA.The creation of a Stock Exchange for shares and bonds on blockchain, led by Bit2Me Security Tokens Exchange SA (Bit2Me STX), captured the attention of our community and the press. This initiative marks the launch of one of the first financial market infrastructures on blockchain in Spain and Europe, designed to operate a Stock Exchange for so-called Security Tokens.
Month-End: The Impact of U.S. Elections on the Cryptocurrency Market
Political uncertainty surrounding the U.S. elections and Donald Trump’s subsequent victory caused volatility in the cryptocurrency market. Once the uncertainty cleared, it led to new ATHs (all-time highs), particularly for Bitcoin, driven by the Republican candidate’s pro-crypto campaign promises.