THELOGICALINDIAN - Crypto startup Diginex has launched a cryptocurrency barter advanced of its Nasdaq advertisement which has already been accustomed by the US Securities and Barter Commission SEC The new barter is based in Singapore area Diginex has activated for a license
Diginex Set to List on Nasdaq
A cryptocurrency barter operator, Diginex, is set to account on the Nasdaq barter in September, Diginex CEO Richard Byworth accepted to Reuters on Wednesday. The advertisement is accepted to be fabricated through a $300 actor about-face alliance with the accretion of 8i Enterprises Accretion Corp., a Nasdaq-listed company. Citing Byworth, the advertisement conveyed:
Diginex said on Thursday that it has launched a cryptocurrency barter in Singapore area it has activated for a license, alike admitting abundant of its business is in Hong Kong. The new platform, Equos.io, offers cryptocurrency atom trading and circuitous derivatives products.
Singapore has afresh anchored its blank of the crypto industry. The country’s new payments rules crave cryptocurrency companies to be licensed. Reuters abundant that over 150 cryptocurrency companies that were ahead operating in Singapore, including Diginex, accept had to administer for licenses by July 28. The austere adjustment aims to accede with the standards set by the Financial Action Task Force (FATF). This week, Japanese crypto barter Liquid delisted 29 cryptocurrencies in adjustment to accede with Singapore’s new crypto requirements, as news.Bitcoin.com afresh reported.
Hong Kong has an opt-in licensing administration for cryptocurrency exchanges but does not acquiesce the trading of derivatives products. Its top markets regulator said cryptocurrency futures affairs may be illegal, Byworth explained, abacus that “Singapore was a bit added adjustable in the way that they were cerebration about things.”
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