A blog post published by cryptocurrency exchange OKEx has confirmed that they’re developing its own decentralized exchange. The company have also confirmed that its development process has reached the final development stage and expected to launch the testnet somewhere around June this year. OKEx is currently the eight largest cryptocurrency exchange by daily trade volumes in the world.
Two cryptocurrency exchanges are set to be launched in Japan in spring which could boost the cryptocurrency market in the country.They are Taotao owned by Yahoo! Japan Japanese online retailer Rakuten will launch its own virtual currency exchange platform Rakuten Wallet Co. Ltd. Rakuten wallet assured they will further enhance security and provide enhanced services to more customers.
An international peer-to-peer (P2P) cryptocurrency exchange, LocalBitcoins have confirmed that its exchange will soon become supervised by Finland’s financial watchdog, the Financial Supervisory Authority of Finland. The announcement made in their official blog also explained that they’re currently establishing tools in increasing their compliance with regulators.
A cryptocurrency exchange based in Japan, Taotao, backed by Yahoo! Japan is set for launch in May 2019. The cryptocurrency exchange was formerly known as BitARG was reportedly to open trading for major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) with margin positions in three cryptocurrencies that are Litecoin (LTC), Bitcoin Cash (BCH) and Ripple (XRP).
A partnership has been established between Linh Thanh Group headquartered in Vietnam with a Switzerland based, KRONN ventures in developing the first-fully authorized cryptocurrency exchange in the Southeast Asian country. In a press release: the two entities have successfully entered into partnership by signing a memorandum of understanding in establishing the crypto exchange in the country.
A new document released by Mt. Gox’s trustee, Nobuaki Kobayashi has made it clear that the fallen cryptocurrency exchange company is currently on the verge of paying its creditors. Kobayashi will explain that the creditors will be receiving their fund in the forms of cash or cryptocurrency once the bankruptcy plans are approved.
Intercontinental Exchange brings out Cryptocurrency Data Feed service which allows the visitor to tracks the cryptocurrency exchange rate, daily transactions and many more. The official CFD’s video commented, “Its global coverage can enable hedge funds to better manage their trading strategies. Index providers can apply price inclusion by weighting the value of a venue based on specific criteria.”
A cryptocurrency exchange based in Australia, Independent Reserve have shared that they will be launching the support form EOS token in their platform. EOS support in the platform will make the token as the 9th token to be listed in the cryptocurrency exchange. Apart from that, Independent Reserve also shared that they will be performing system maintenance soon on March 24th.
A Chinese cryptocurrency exchange Huobi has recently unveiled a premium coin offering service which will enable the regular traders to invest in promising coins just before they’re listed on the main exchange. Huobi then commented in the announcement, “Listing through Huobi Prime will involve three rounds of coin offerings, each lasting an hour.”
A partnership was made between OAX cryptocurrency exchange ecosystem and KYC-Chain to encourage the strong governance standard in digital asset trading. The founder of KYC-Chain, Edmund Lowell said, “We are very proud to be partnering with OAX Foundation. KYC and AML have become essential parts of running a business. From our experience by adopting the necessary compliance tools.”