Crypto exchange OKCoin taps FIS subsidiary Worldpay to lead global expansion

Crypto exchange OKCoin taps FIS subsidiary Worldpay to lead global expansion

“Worldpay has extensive experience guiding cryptocurrency exchanges through the complexities of the global payment ecosystem,” said Jason Pavona, a general manager with Worldpay Solutions. Cryptocurrency exchange OKCoin has selected merchant service provider Worldpay to aid in its expansion efforts, which includes bringing crypto-to-crypto payments to a global audience. OKCoin will leverage Worldpay’s foreign exchange services, allowing customers to purchase cryptocurrency with credit and debit cards. Jason Lau, OKCoin’s COO, said his firm selected Worldpay for its extensive experience....


Related News

Coinbase Allegedly Taps Goldman Sachs to Lead IPO, FTX Exchange May Launch Pr...

Following the San Francisco-based cryptocurrency exchange’s initial public offering (IPO) Form S-1 draft registration, reports note that Goldman Sachs will likely lead the IPO. Moreover, the digital currency trading platform FTX is rumored to be launching a Coinbase futures market before the public listing. Two days ago, on December 17, 2020, Coinbase announced filing registration papers with the U.S. Securities and Exchange Commission (SEC). “The Form S-1 is expected to become effective after the SEC completes its review process, subject to market and other....

Chinese Bitcoin Exchanges BTC China And OKCoin Start Accepting USD

Two Chinese Bitcoin exchanges, BTC China and OKCoin, have recently announced new international trading features. Earlier today, in a selfpost to Reddit, BTC China revealed their newest features: Withdrawals and deposits in both USD and HKD. Just a few days ago, fellow Chinese Bitcoin exchange, OKCoin, also announced the launch of English-language service in the form of a new website and USD deposits and withdrawals. Bitcoiners around the world will now have two new options for their Bitcoin trading. It seems that Chinese Bitcoin exchanges are now comfortable enough in their position within....

OKCoin.com Had Higher Daily Bitcoin Volume Than Bitstamp and Bitfinex Today

Today marks a special day: The first day that newcomer international Bitcoin exchange OKCoin.com has had a higher daily Bitcoin volume than all other exchanges. In the last 24 hours, OKCoin.com has transacted nearly 16,000 BTC, compared with Bitstamp's ~14,700 BTC and Bitfinex's ~15,100 BTC. OKCoin.com is the international arm of OKCoin. OKCoin also runs OKCoin.cn, a Chinese Bitcoin exchange that also has high volume CNY/BTC trading but does not charge fees (the Chinese norm). Whether or not OKCoin's lead in 24-hour Bitcoin volume will persist until tomorrow is anybody's guess. However, it....

WorldPay Expands To Alternative Finance Sector – What About Bitcoin?

Even established payment processors are looking beyond the world of traditional finance as part of their future business model. WorldPay, one of the leading European payment processors in existence today, has entered the alternative finance market by partnering with cash advance provider Liberis. As part of the agreement with Liberis, WorldPay can offer Britain’s small[er] businesses a new payment option. This initiative will be called Worldpay Business Finance, and offers unsecured cash advance based on future credit and debit card sales of the small[er] businesses in question.

Okcoin secures regulatory approval in Malta and the Netherlands

CEO Hong Fang said Okcoin was focused on Europe as part of the firm's global growth plans. Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators.In a Thursday announcement, Okcoin said it had secured formal registration from the central bank in the Netherlands and secured "in principle" approval for a virtual financial assets license from the Malta Financial Services Authority. In addition, the exchange has obtained a money transmitter license for the U.S. territory of Puerto Rico. The....