Source: creative-front.com

ZebPay Partners with Chainalysis to Enhance Due Diligence in India

Singapore-based cryptocurrency exchange and wallet provider ZebPay has entered into a partnership with a blockchain analysis company Chainalysis to enhance due diligence and investigations in India.

According to an official press release, the exchange decided to enhance its surveillance over the Indian market due to the recent regulatory developments regarding cryptocurrency in the country. ZebPay already uses Chainalysis software in Singapore.

ZebPay President Avinash Shekhar says the exchange wanted to create a best-in-class compliance program in India from the very beginning.

“We already knew the power of Chainalysis KYT’s automated compliance features and Chainalysis Reactor’s advanced investigative capabilities from our work with them in other markets, and we know Chainalysis will set us up for successful expansion in India,” Shekhar added.

Over the past several months, India has become one of the most active crypto-related regions in the world.

Just before the Reserve Bank of India (RBI) admitted there are no restrictions on financial services for crypto-related traders and exchanges, the market was already flooded with investments from big players.

A digital asset trust company BitGo became a custodian for India’s largest cryptocurrency exchange called CoinDCX and the exchange itself succeeded to raise additional $2.5 million injection from Polychain Capital and Coinbase Ventures.

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Source: ihodl.com

Author: iHodl.com

Ltc to usd

Source: idd.cv

Bitxoxo: Latest News & Videos, Photos about Bitxoxo

04 Dec, 2018, 04.10 PM IST

This development comes at a time when most other cryptocurrency exchanges have either shut operations or moved away from India.

20 Nov, 2017, 03.12 PM IST

The four well known bitcoin exchanges in India are Bitxoxo, Unocoin, Coinsecure and Zebpay.

02 Nov, 2017, 03.19 PM IST

Bitcoin is one of the oldest and most famous cryptocurrency in circulation around the world.

29 Nov, 2017, 10.33 AM IST

Registrations at leading Indian Bitcoin exchanges have doubled in recent weeks.

02 Feb, 2018, 07.01 PM IST

India has 15 around cryptocurrency exchanges.

29 Nov, 2017, 03.42 PM IST

Lucrative return has forced market participants to think beyond their buying capacity.

18 Sep, 2017, 06.30 AM IST

The RBI has been cautioning people against bitcoin trading though, unlike China, it hasn’t asked trading platforms to close operations.

31 Aug, 2017, 10.55 AM IST

Several online vendors and individuals are investing in cryptocurrency mining rigs.

03 Oct, 2017, 09.57 AM IST

Investors’ honeymoon with cryptocurrencies seems to be ending. After rallying significantly since the beginning of 2017, prices have now started crashing.

17 Dec, 2017, 08.22 AM IST

Bitcoin prices have risen over 1,700%, or 18-fold, this year, compared with an increase of 28% and 26% in the Nasdaq Composite Index and the BSE Sensex, respectively.

Source: economictimes.indiatimes.com

Leading cryptocurrency exchange bitFlyer, is partnering with crypto-trading game developer Quazard,

bitFlyer Europe and Quazard Partner to Bring First Ever Trading Competition to Botwars Ultimate Trading

Paul Lindsell, CEO and founder of Quazard said, “Millennials are looking for experiences from brands, rather than just services, and that includes cryptocurrency exchanges. Gamification and game based learning can help provide that. Working with bitFlyer means we can not only give newbie traders a safe environment to learn how to trade within Botwars, but also a safe and reputable exchange to trade cryptocurrency for real.”

Andy Bryant, COO of bitFlyer Europe, said, “Gamification in trading is a growing trend and this industry-first partnership between bitFlyer and Quazard is a step forward in bringing cryptocurrency trading to the mainstream. It’s a fantastic opportunity for people to try out trading in a risk-free environment, but with the incentive to earn a reward for developing their skills.”

bitFlyer launched in the USA in November 2017, followed by bitFlyer Europe in January 2018, both as fully owned subsidiaries of bitFlyer, Inc., a household name in the cryptocurrency space in Japan, and one of the longest-standing cryptocurrency exchanges. It is the only cryptocurrency exchange to be licenced in Japan, the US and Europe combined, and has also recently been recognised as one of only 10 exchanges that isn’t faking trading volumes.

ENDS

About bitFlyer EUROPE S.A.
bitFlyer EUROPE S.A. is a wholly-owned subsidiary of bitFlyer, Inc., a leading bitcoin and blockchain company based in Japan. The European office is located in Luxembourg and operates an exchange platform for European traders to buy and sell virtual currencies. bitFlyer EUROPE S.A. site: https://bitflyer.com/en-eu/

View source version on businesswire.com: https://www.businesswire.com/news/home/20200531005005/en/

Source: www.ad-hoc-news.de

Author: Redaktion ad-hoc-news.de

bitFlyer Europe and Quazard Partner to Bring First Ever Trading Competition to Botwars Ultimate Trading

June 01, 2020 12:00 AM Eastern Daylight Time

Source: www.businesswire.com

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