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exchange, ripple, xrp -

London Block Exchange (LBX), the U.K.’s only multi-cryptocurrency over-the-counter exchange, has announced that it has added Ripple’s digital asset, XRP to its list of coins available to customers. As a registered Electronic Money Services Directive (EMD) for e-wallet functionality by the U.K.’s Financial Conduct Authority (FCA), this means that LBX is not only the sole operator in the market delivering U.K. on-shore banking, but is also the only exchange to offer Ripple-GBP pairing. The addition of the third-ranked cryptocurrency by market value joins the likes of bitcoin, ethereum, BCH, and litecoin, that are already available for trading on the exchange. The...

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crypto, cryptocurrency, establish, exchange, japanese, new, regulating -

Japan’s two major cryptocurrency organizations will merge and form a new self-regulating body, the Japan Cryptocurrency Business Association (JCBA) and Japan Blockchain Association (JBA) said on March 2. The move comes amid deepening discussions about stronger regulations, and was triggered by Japanese cryptocurrency exchange Coincheck Inc.’s loss of massive amounts of NEM coins in late January. The agreement on forming the new body was made by 16 cryptocurrency exchanges that have completed registration with the Financial Services Agency (FSA). However, the new body will not include exchanges such as Coincheck, whose applications are pending. Currently, details are unclear regarding the...

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behind, binance, blockchain, conference, connect, cryptocurrency, exchange, huobi, kraken, okex, quoine, san francisco, scenes, secret, secrets, strategy -

The following article is based on insights from the Blockchain Connect Conference in San Francisco. Included in this exchange panel are exchange CEO’s Chris Lee (OKEX), Jesse Powell (Kraken), Mike Kayamori (Quoine), Chief Strategy Officer Kailong Cai (Huobi), and Head of International Markets Ted Lin (Binance Exchange). Cryptocurrency Trading Demographics The US, Japan, and China are major cryptocurrency markets. The average trader is male in their 20s and 30s, with females and other extreme age groups entering the market. OKEX: “30% of all Koreans are trading crypto.” Huobi: 70% of customers come from China, a lot from Japan, but not much from...

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crypto, cryptocurrency, exchange, fiat, korea, launch, new, south korea -

A number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country’s four largest crypto exchanges. Exchanges Undeterred by Regulations South Korean regulator talking about the real-name system. A number of new cryptocurrency exchanges are opening in South Korea despite regulatory uncertainty and the inability to accept fiat deposits. The challenge comes from the new system, enforced on January 30, which requires cryptocurrency traders to use real-name accounts to deposit money...

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