FTX To Buy Japanese Exchange In Asian Expansion Move
Popular cryptocurrency exchange FTX, announced on Wednesday that it will acquire Liquid Group, a Japanese competitor. When all relevant prerequisites are met, the acquisition will be completed by March 2022, according to a press release from Liquid. FTX Moves Into Asia According to the company’s blog post, digital asset exchange FTX decided to acquire Japanese […]
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Digital currency exchange Gemini announced yesterday that it is opening its services to traders in South Korea and Japan. The move comes just over a year after Gemini first opened its doors in New York. The exchange, which had been in the works since early 2015, came online following its successful bid for a bank charter. Yet the exchange struggled to find traders following its launch, and may be looking past US shores in a bid to attract more activity. Customers in both countries will have access to bitcoin and ether trading, both markets of which will trade against the US dollar. South....
Pan-Asian bitcoin exchange Quoine announced today it has closed a $2m angel funding round, involving a number of investors and private funds. The firm's CEO Mario Gomez-Lozada told CoinDesk that the investors, who have chosen to remain publicly unnamed for now, include "hedge funds principals, major payment aggregators and top FX traders in Japan", along with executives of financial institutions. Quoine plans to use the additional funds on product development and global expansion. Quiet growth so far. Quoine's management team explained that the company has operated in "stealth mode" since....
Singapore-based startup Coda Pay is bringing Bitcoin and alternative payment processing to South East Asian markets with its recent capital injection. The company has just announced it has raised $2 million USD to push its efforts forward. Coda Pay Progressing to Leverage Asian Markets. Coda Pay is set to make its mark in Asian markets with new funding....
Bitcoin and digital exchange Coinbase has expanded its services to Australia, enabling customers in the country-continent to buy bitcoin and ether with payment cards. In an announcement today, digital currency exchange and wallet provider Coinbase revealed its expansion effort to Australia. The move will allow users to buy bitcoin and ether with credit and debit cards. Additionally, the exchange is also introducing the ETH/BTC trading pair on the Global Digital Asset Exchange [GDAX] trading platform for Australian customers. However, users will only be able to buy bitcoin and ether....
Circle's Asia plans include a regional headquarters in Singapore, a new venture arm and investment in Japanese yen stablecoin efforts. Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets. In a move to strengthen its presence in Asia, Circle picked Singapore to establish a regional headquarters. The company is also setting up an investment arm called Circle Ventures, according to Circle CEO Jeremy Allaire’s interview with Bloomberg. The venture arm’s first investment will focus on a Japanese yen stablecoin.Allaire said the company....