Backpack Is A Regulated Centralized Exchange (CEX) That Operates In Jurisdictions Around The World. * Streamlined KYC (Know Your Customer) Process * Multi-party Computing * Low Latency Order Execution * Customer Self-hosting
Backpack Operates Using A Virtual Asset Service Provider (VASP) License From The Dubai Virtual Assets Regulatory Authority (VARA). VARA Is The World's First Independent Virtual Asset Regulator. They Provide A Framework For Backpack To Operate Transparently Across All Jurisdictions: * Strong KYC Requirements * Investor Safeguards *