Cryptocurrency Exchange

Investors may be able to Buy Gold Backed Cryptocurrencies Sooner Than Expected

New York-based firm Paxos has revealed plans to launch cryptocurrencies backed by precious metals like gold and publicly traded stocks, by the end of 2019. The company currently offers a dollar-based cryptocurrency or stablecoin called Paxos Standard, and Bitcoin trading services. The Paxos Standard was launched in late 2018, by tying cash reserves to its distributed ledger. Paxos CEO, Chad…

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Ibinex Serves Clients with Hot and Cold wallet (Custodial) Services that Meet EU Standards

Cryptocurrency exchanges are vulnerable to cybercrime. Ibinex – a company which is a crypto exchange provider offers hot and cold wallets to keep the digital currency of their clients safe. Ibinex has obtained the virtual wallet service provider licenses from EU. It allows the companies to provide the virtual currency wallet (hot and cold) by generating the keys for the…

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US SEC Emphasizes on ICO Guidelines amidst Recent Regulatory Debate

U.S. controller, the Securities and Exchange Commission (SEC) has emphasized rules on Initial coin Offerings (ICOs) in a tweet on February 10, as endeavors to formalize the sector proceed. A devoted area of the regulator’s site presently records five parts of ICOs. The SEC considers it essential for market experts and investors. The content seems to have existed since March…

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Kraken CEO to Advice Investors to Keep a Limited Number of Coins on Crypto Exchanges

After the Cryptopia hacking incidence, Binance and Kraken CEO- Changpeng ‘CZ’ Zhao, is strongly advising the investors against keeping a lot of coins on the crypto exchanges. He further proposes three alternative ways to store your coins. These are ‘self-storage’, ‘on exchanges’ and thirdly through- ‘decentralized exchanges (DEX).’ Looking at the recent hacking, the CEO further added on twitter- “Store…

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Five More Crypto Exchanges Join Japan Virtual Currency Exchange Association (JVCEA)

As indicated by an official declaration on January 4 by the JVCEA, five more digital currency trades have joined the Japan Virtual Currency Exchange Association (JVCEA). The JVCEA is a self-administrative body framed in April by 16 enlisted crypto trades that plan to make industry-wide speculator security gauges. In October, Japan’s financial controller formally conceded self-administrative status to the JVCEA…

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Financial Market Giant IronX Launches Beta Version of Cryptocurrency Exchange Platform

According to a recent report, a big giant from the financial sector IronX has started a new cryptocurrency exchange platform. It has been named as a beta version. A cryptocurrency exchange platform provides the ease of exchanging various things like cryptocurrencies, forex, equities, commodities, and other similar assets. Also, IronX has started its IRX token sale. All the people who…

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Atom Solution to launch new Remittances System to Tackle Crypto Volatility

With the growing use of crypto’s as a mode of remittance comes along its own advantages and disadvantages. One such major disadvantage is the price volatility involved with the crypto prices during transit Currently, the options available to the people to make overseas transfers are not perfect. On one hand where is the costs are high when a remittance is…

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