Bitspark, a Hong Kong startup that pioneered the world's first cash - in cash - out blockchain remittance platform for Money Transfer Operators announced today they've signed a technical infrastructure partnership with UK - Isle of Man registered Bitcoin Exchange Bitssa, a
new cryptocurrency trading exchange which focuses exclusively on emerging markets, particularly in Africa.
A pair months after two of the most
important cryptocurrency trading exchanges, Bitfinex and GDAX, lastly adopted the bitcoin SegWit protocol, transaction charges for the foreign money are lastly again to cheap ranges.
China ordered a complete ban on all initial coin offerings by pulling down the shutters
of cryptocurrency trading exchanges for containing the inherent financial risks associated with money laundering and hacking of virtual wallets which has plagued the crypto world since the very beginning.
And the storehouses —
the cryptocurrency trading exchanges — are far less reliable and trustworthy than ordinary banks and brokers.
Cryptocurrency trading exchanges are charging as much as ten times the amount traditional exchanges request for securities, according to a paper released by Autonomous Research, a fintech analysis firm.
«No cash or cheque is accepted, all transactions are routed via online bank transfer to ensure that there is a money trail,» Vivek Steve Francis, CEO of Coinome,
a cryptocurrency trading exchange, had told Quartz late last month.
In the last three years, the RBI's statement has been the same, that they are uncomfortable with it and people should invest at their own risk,» said Vivek Steve Francis, CEO of Coinome,
a cryptocurrency trading exchange.
The primary goal of CryptoHawk is to transform
the cryptocurrency trade exchanges and boost the acceptability of cryptocurrency as a recognized means of payment across all platforms, markets and industries.
However, Menon believes that the regulations and controls around
the cryptocurrency trading exchanges are quite similar to the banking system.
We are completely disrupting
the Cryptocurrency Trading Exchange market.