B2BX Cryptocurrency Exchange Secures Full Regulatory Approval in Estonia

0

LIMASSOL, Cyprus-Tuesday 13 November 2018 [ AETOS Wire ]

(BUSINESS WIRE)– B2BX Exchange, a leading professional digital asset trading platform, announced today that it has received approval for a regulatory licence from the Estonian Financial Intelligence Unit (FIU). The licence means that B2BX will be able 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.

B2BX Exchange, part of the B2Broker group of companies, applied for its licence in Estonia due to the country’s reputation for being highly innovative and technology-friendly. Furthermore, the EU-member country continues to take a leading stance in the advancement of blockchain technologies and cryptocurrency regulation.

The licence, which comes into effect shortly, will open the door for B2BX Exchange to provide an extended level of services which currently includes a crypto-to-crypto service and soon to be crypto-to-fiat, as well as providing peace of mind for B2BX Exchange users by way of increased transparency and security due to strict KYC procedure adherence. Furthermore, under regulation, users will get increased automatic deposit and withdrawal daily limits and exchange and withdrawal facilities in fiat currencies via bank transfer and all major PSP providers.

CEO and Founder of B2Broker group, Arthur Azizov, commented, “We are delighted to have secured regulatory approval from Estonia, placing 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. 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”.

B2BX Exchange, is gaining growing recognition in the industry as a professional trading platform focusing exclusively on liquid coins with a constantly increasing level of liquidity. The focus is on transparency along with high credibility, offering high standards of security and protection for its users and fully complaint AML procedures.

In addition, B2BX is just one of a limited numbers of exchanges in the world that support all five major stable tokens including USDt, USDC, GUSD, PAX and TUSD.

Securing Estonia’s FIU licence paves the way for B2BX Exchange to attain further licences with recognised jurisdictions and there are plans for submissions with several established regulators now in progress which will be announced in due course.

About B2BX

B2BX Exchange is a leading professional digital asset trading platform which provides simple access to institutional level liquidity. It is a full-featured spot trading platform which allows users to trade major digital assets and cryptocurrencies, including BitcoinEthereum, NEM, Litecoin, Ripple, NEO, Monero, NEM and Dash.

B2BX is part of the B2Broker group, a liquidity and technology provider of solutions for the crypto and foreign exchange (FX) industry.

 


Contacts
B2Broker
Rosemary Barnes
[email protected]
[email protected]
Cyprus Tel: + 357 25 030882
Hong Kong: Tel: + 852 5801 0446
UK Tel: +44 207 043 7176

Related Post

Live stream of Iranian Resistance’s Nowruz (Persia...   Live stream of Iranian Resistance’s #Nowruz ceremony. #Nowruz Celebration With the Iranian Resistance Happy #Nowruz! Join the #PersianNewYea...
Woman conceives after 13 failed IVFs The repeated failure did not stop Joelle from becoming a mother Dubai, United Arab Emirates-Wednesday 20 March 2019 Longing to be a mother, ...
Saudi Arabia Takes Another Step forward in Its Tra... Riyadh, Saudi Arabia, -Tuesday 19 March 2019 https://youtu.be/xKIoEALTDLc King Salman bin Abdulaziz of Saudi Arabia today launched four wellbe...
Fakih IVF to Host a Symposium to Highlight Latest ... The forum will host over 1200 medical experts Dubai, United Arab Emirates-Tuesday 19 March 2019 In keeping with HH Sheikh Mohammed’s vision ...
Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with SouthAfricaToday.net, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.