MonetaGo Launches with Goal to Provide Liquidity to Global Bitcoin Exchanges
Named after an ancient Roman Goddess, MonetaGo is looking to provide liquidity to Bitcoin exchanges in 35 countries around the world, with the goal to expand to 50 by the end of the year. "We want to be the umbrella to the other exchanges," Margaux Avedisian, co-founder and business development officer, told Bitcoin Magazineat Inside Bitcoins New York.....
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MonetaGo, a new exchange with ambitions to take bitcoin "global", launched across 40 countries today. First announced in April, the platform offers bitcoin buying and selling in 28 local currencies. As a twist, MonetaGo users can also 'fix' or 'peg' their bitcoin to these various exchange rates. Speaking to CoinDesk, serial entrepreneur Jesse Chenard, MonetaGo's CEO, said: "Digital currency is supposed to be this global phenomenon that is going to enable the seamless transmission of funds across borders, but the reality of it is that 90-something percent of all bitcoin trading happens in....
MonetaGo, one of the US-based Bitcoin exchanges, has announced they will be shutting down for good. The company tweeted that regulation was a key hurdle it could not overcome. UPDATE: MonetaGo confirmed they will only shut down the exchange part of the business. As most Bitcoin enthusiasts are well aware of, running a financial company in the US requires....
In its plan to become a global bitcoin exchange, MonetaGo launched its services in 40 countries this month. The company offers bitcoin buying and selling against 28 currencies and even has a special feature that allows its users to peg bitcoin prices at various exchange rates. "Digital currency is supposed to be this global phenomenon that is going to enable the seamless transmission of funds across borders, but the reality of it is that 90-something percent of all bitcoin trading happens in three currencies only," said MonetaGo CEO Jesse Chenard. Global Bitcoin Exchange Services. Chenard....
Diginex's CEO says the partnership promotes his vision of creating a safe, reputable and conflict-free trading environment for crypto assets. Diginex, the Singapore-based operator of the EQUOS cryptocurrency exchange, has entered into a strategic partnership with GSR Markets aimed at enhancing liquidity for its perpetual futures products and spot pairs. Notably, the partnership seeks to promote EQUOS' mandate of delivering a regulated trading experience that is free from market manipulation risks.Under the new partnership, GSR will become a shareholder of Diginex and one of the main....
One of the most important factors in the market is liquidity. The global reduction in liquidity has sent asset classes to new lows and destroys wealth.