B2BX news

Established in 2017. No. of pairs - 20. Centralized exchange.

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B2BX Crypto Exchange Obtains Trading License From FIU Estonian Regulator

The B2BX Company is among the first companies dealing with blockchain to be fully controlled in Europe. On Monday, the company which has been trading on a professional digital asset platform announced that they had received an operating license from the FIU which is the body responsible for Financial Intelligence regulation in Estonia. B2BX Exchange is part of the B2Broker Group of companies, it normally provides liquidity options for their institutional investors. It provides a platform where its investors are able to transact all the world’s key cryptocurrencies. Be a part of the biggest industry event This license propels B2BX Exchange, to be among the pioneer crypto firms in Europe that is fully under regulation. Estonia is credited as the originators of Skype. It is also a favorite country for blockchain enterprises seeking to obtain a trading license. It is also known for flexibility as far as technology and cryptos are concerned. B2BX is in current support of five major stable coins by the names USDT, USDC, GUSD, PAX, and TUSD. With the current license in place, the firm is optimistic that it can expand its crypto services and release other crypto products into the market. Its Users gain the advantage of higher limits for their programmed transactions. The Chief Executive and creator of B2Broker group of companies, Mr. Azizov noted that the company is appreciative of the fact that they have secured a license to operate from Estonia. This has propelled B2BX exchange to be a forerunner crypto company to achieve this kind of acknowledgment. He added that he had advocated for a regulation and he believes this will promote crypto trading and usage. He said that his company’s users will benefit from better protection and security, knowing that they are trading with a world regulated leader. He added further that having secured the license from Estonia, his firm is now on a license hunting mission in other countries. However, he remained tight-lipped on the areas of interest. He said such information will be released to the public in the future. But said the firm is in the submission stage with several regulators and it’s seeking authorization.
Bitcoin Exchange Guide

B2BX Cryptocurrency Exchange Secures Estonian Blockchain License

B2BX, a European digital assets exchange that supports major cryptocurrencies like bitcoin (BTC), ether (ETH), NEO (NEO), monero (XMR) and several others, has gotten approval from the Estonian Financial Intelligence Unit (FIU), making it one of the cryptoassets exchanges to be entirely regulated in crypto-friendly Europe, reported Finance Magnates on November 11, 2018. B2BX Gets Regulators Greenlight Per sources close...Read More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News
BTC Manager

The Daily: US Museum to Accept Bitcoin, Estonia Grants License to B2BX Exchange

In today’s edition of The Daily, we report on the latest U.S. museum to open up to cryptocurrency payments, as well as several new lawsuits that have been filed over simjacking. Additionally, the government of Estonia has granted a license to B2BX Exchange, which will allow the company to attract traders from across Europe. Also Read: Lawyer Invests $300 Million to Build Crypto City in the Nevada Desert Science Museum to Take Bitcoin Payments Great Lakes Science Center, an engineering and technology museum in Cleveland, Ohio, has told local media outlets that it will begin accepting cryptocurrency payments on Nov. 13. The educational center is integrating Bitpay into its payments system for ticket sales ahead of a blockchain conference that will be held at the facility in December. “Accepting bitcoin is just a small part of the momentum to grow a blockchain ecosystem in Cleveland,” stated Kirsten Ellenbogen, president and CEO of Great Lakes Science Center. “Last year we launched our mobile app that uses augmented and virtual reality to allow guests to experiment with flames in space and test spacecraft designs re-entering Earth’s atmosphere when they visit the NASA Glenn Visitor Center, and now they’ll be able to use their phone to pay for their admission using Bitcoin.” Estonia Grants License to B2BX Exchange B2BX Exchange, a cryptocurrency exchange developed by forex solutions provider B2broker, announced today that it has received approval for a regulatory license from the Estonian Financial Intelligence Unit (FIU). The company explained that it applied for a license in Estonia due to the country’s track record of openness to new technologies. Under the regulations the exchange will be expected to follow strict KYC procedures, but in return users will get increased daily limits on deposits and withdrawals, as well as access to fiat currencies via bank transfers and major payments providers. “I have long been a proponent of regulation which I believe will promote further the adoption of cryptocurrency usage and cryptocurrency trading,” commented Arthur Azizov, CEO and founder of B2broker. “Our users will be able to benefit from an enhanced level of protection, safe in the knowledge that they are dealing with a world-leading, regulated cryptocurrency exchange.” Florida Law Firm Files Simjacking Lawsuits Silver Miller, a Florida-headquartered law firm, said on Thursday that it recently filed a number of arbitration claims against both AT&T and T-Mobile on behalf of cryptocurrency holders who have fallen victim to simjacking. The firm revealed it already represents one AT&T client who was robbed of more than $600,000 in cryptocurrency, as well as two T-Mobile clients who respectively lost $400,000 and $250,000 in cryptocurrency due to simjacking. “By leaving holes in their security protocols and failing to properly train and monitor their employees, cellphone providers have assisted thieves in remotely taking over the SIM cards in people’s smartphones,” the law firm explained. It also called on anyone else who has been a victim of simjacking to join its legal efforts against the phone companies that enabled it. What do you think about today’s news tidbits? Share your thoughts in the comments section below. Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. The post The Daily: US Museum to Accept Bitcoin, Estonia Grants License to B2BX Exchange appeared first on Bitcoin News.
Bitcoin News

Crypto Exchange B2BX Secures Full Regulatory Approval In Estonia

Cryptocurrency exchange B2BX has received regulatory approval from the Estonian Financial Intelligence Unit (FIU). B2BX is part of the B2Broker group, an aggregator of crypto liquidity for marginal trading, trading with physical delivery, and distribution of liquidity to brokerage companies. It allows users to trade major digital assets and cryptocurrencies, including bitcoin, ethereum, NEM, Litecoin, Ripple, NEO, Monero, NEM and Dash. It also supports five stablecoins, inlcuding USDT, USDC, GUSD, PAX and TUSD. The FIU license will allow B2BX to operate as a completely regulated exchange for trading cryptocurrencies and makes it one of the first exchanges in Europe to secure this form of recognition. It will also allow the exchange to provide an extended level of services, which currently includes a crypto-to-crypto service and soon to be crypto-to-fiat. In addition, clients of the exchange will have access to increase daily limits for automatic deposit and withdrawals. Arthur Azizov, CEO and Founder of B2Broker group, said that the regulatory approval from Estonia will B2BX Exchange in the enviable position of being one of the first exchanges to achieve this accolade. “I have long been a proponent of regulation which I believe will promote further the adoption of cryptocurrency usage and cryptocurrency trading,” said Azizov. “Our users will be able to benefit from an enhanced level of protection, safe in the knowledge that they are dealing with a world-leading, regulated cryptocurrency exchange.” The exchange is planning to attain further licences with other crypto-friendly jurisdictions and is currently in the submission process with a number of regulators.

XRP/Bitcoin [BTC] pair added on B2BX exchange

The B2BX exchange has announced that they will be adding XRP for trading. They have offered 3 different trading pairs for the coin. The user can deposit and withdraw through XRP wallets, as well as the exchanges’ wallets. B2BX is a cryptocurrency liquidity aggregator, with use-cases for marginal trading, physical delivery and distribution of liquidity for brokerage companies. The exchange is similar to the FX aggregator class of systems used in the foreign exchange market. They aim to create the first Business-to-Business exchange platform with a marketplace. The marketplace will connect ‘at least 5% of the Forex/DMA and stockbroker markets’. The exchange itself focuses exclusively on stock and crypto-exchanges, hedge funds, crypto brokers, and exchangers. Currently, the platform offers trading for Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC], Bitcoin Cash [BCH], Dash [DASH], and Monero [XMR]. The exchange’s tweet stated: “We are happy to announce that we have launched @Ripple on B2BX Exchange as well as XRP/BTC, XRP/USDT, XRP/B2BX for CASH trading. In addition to your current wallets, you can now access your deposit and withdraw through XRP wallets.” The pairs offered for trading are XRP/Bitcoin [BTC], XRP/USD Tether [USDT] and XRP/B2BX [B2B]. The exchange also offers trading with the physical supply of an asset, with an output of coins to the address of the investors’ choosing. The price of the coin continues to exhibit sideways movement after the hike on 2nd July. On the day, it went up to $0.51 from $0.45. Later, it dropped back below the $0.50 mark and moved sideways for the rest of the week. Twitterati Norman Smith said: “Well done #xrpthestandard” User Crypto Joe said: “If I understand correctly, this is not a base pairing but merely traded against these forementioned assets? Would love to see XRP base pairings as it makes much more sense due to tx speed and low fees.” The post XRP/Bitcoin [BTC] pair added on B2BX exchange appeared first on AMBCrypto.
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Ripple’s RippleNet XRP Showcases Real-World Effectiveness: Mercury FX

After partnering up with the firm behind the second largest coin XRP [XRP] Ripple as one of the +200 costumers, Mercury FX announced via their official twitter handle that they transacted their largest payment across RippleNet with a positive conclusion. 1/1 We've made our largest payments across RippleNet using #XRP – 86,633.00 pesos (£3,521.67) from the U.K. to Mexico in seconds. pic.twitter.com/WsHJuZTiOy — Mercury-fx Ltd (@mercury_fx_ltd) January 17, 2019 Using XRP, the firm transferred £3,521.67 or $4,552.41 while they cited that UK based Mustard Foods was able to save £79.17 and 31 hours on the transaction. Mustard Foods could be one of the best examples of the impact of using RippleNet could have as it opened doors to cheaper expenses, quicker orders and faster payments. As covered by John P. Njui on EWN a few days ago, The Ripple company has announced via its website that 13 new financial institutions have joined RippleNet thus propelling the number of total global customers to over 200. RippleNet currently operates in 40 countries across 6 continents. Out of the 13 aforementioned financial institutions, 5 are confirmed as using XRP to source instant liquidity for their cross border payments. The are JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank. By the end of this year [2018], major banks will use xRapid as a liquidity tool. By the end of next year [2019], I would certainly hope that we will see…in the order of magnitude…of dozens. But we also need to continue to grow that ecosystem…grow the liquidity. – Brad Garlinghouse The success behind the team from Ripple could be standing by their marketing strategy and future plans of making the financial industry a better place to be. While not displacing traditional banking systems but helping them make payments cheaper and faster, it is finding its way to take spotlight in the crypto-verse. The post Ripple’s RippleNet XRP Showcases Real-World Effectiveness: Mercury FX appeared first on Ethereum World News.
Ethereum World News

BRD Wallet Expands Crypto User Access Across Europe With Coinify Partnership

Coinify, a European-based financial platform that provides a wallet, trading and payment processing solution, has announced that they are integrating BRD Wallet into their platform to deliver BRD wallet access to users across the European region.Specifically, the partnership provides access to virtual currencies, like bitcoin, to 34 countries across the Single Euro Payments Area (SEPA). The SEPA region is a collection of member states in Europe who are part of a payment system that simplifies bank transfers denominated in EUR. The launch is also enabled largely in part by Coinify’s newly rebranded trading solution for wallet partners.Customers will now be able to use BRD Wallet to “purchase bitcoin at cost-efficient rates with SEPA bank transfers” within Coinify’s trading platform. With BRD integration, customers will also retain control over their private keys while using Coinify.Essentially, this provides a large number of users with an efficient and secure way to buy bitcoin and other cryptocurrencies, and then allows them to immediately store it in a manner where they control what happens to their money. Typically, a user will entrust the custody of their private keys to a centralized exchange while they are waiting for trades to be executed and sometimes for much longer than that.Aaron Lasher, co-founder and chief strategy officer at BRD, highlighted the advantages of the integration for security-focused users of the Coinify platform.“We like exchanges and think security will get better in the future, but by using our integrated purchase and trading solutions, you get to keep your funds under your control 99 percent of the time, and only put them at a slightly higher risk for a short period when you make the exchange,” Lasher told Bitcoin Magazine.“Using a non-custodial wallet means that you and you alone control your funds. It’s similar to having physical cash in a (highly secure) safe at home. Only in this case, we provide our customers a digital safe (the BRD wallet) that they can keep in their pocket and carry along. Nobody else in the world has access to your funds but you, and nobody can stop you from sending or receiving funds.”Integrating a wallet that allows users to own their funds and seamlessly make trades on a platform like Coinify could help to push bitcoin adoption forward."The financial industry is ripe for disruption and we see bitcoin and the other virtual currencies as the future of payments,” said Rikke Stær, chief commercial officer at Coinify, told Bitcoin Magazine. “At Coinify, we have experienced first-hand the rising adoption of bitcoin and working with BRD as a user-friendly, decentralized wallet will only encourage the global reach of the currency."“Since launching as the first iOS bitcoin wallet in the App Store over 4 years ago, we’ve grown tremendously in North America,“ Adam Traidman, CEO and co-founder of BRD, said in a statement. “Europe will be strategic in the next phase of BRD’s global growth, and the partnership with Coinify will ensure our success in this crucial endeavour.”In August 2018, Canadian-based Coinberry exchange launched a similar BRD integration, allowing users to quickly and seamlessly buy, deposit and withdraw bitcoin on the Coinberry platform, while keeping control of their keys at all times. This article originally appeared on Bitcoin Magazine.
Bitcoin Magazine

Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018

Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018 Major cryptocurrency payment service provider BitPay has reported $1 billion in transactions this past year, according to a press release Jan. 16. According to the report, the company also set a new record for itself in terms of transaction fee revenue. […] Cet article Crypto Payments Service BitPay Reports It Saw Over $1 Billion in Transactions in 2018 est apparu en premier sur Bitcoin Central.
Bitcoin Central
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