Bitget announced plans to acquire GMO-Z.com Cryptonomics, a licensed crypto exchange in Thailand, to expand its presence in Southeast Asia. The deal requires approval from Thai regulators and aims to introduce Bitget’s trading platform locally. This move follows Bitget’s recent $388 million security breach and aligns with Thailand’s push for regulated crypto access. The acquisition is expected to complete by October 31, 2026, supporting Bitget’s long-term market commitment.
Bitget's acquisition plans in Thailand provide context for crypto market activity. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 20, 2026 22:03 WIB: 46 of 50 major cryptocurrencies rose today. Notable movers include BAT at Rp3.932 (+22.76%), COMP at Rp438.147 (+13.47%), and THETA at Rp3.770 (+11.90%).
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