It has emerged that there is a new cryptocurrency exchange which is launching with headquarters in Australia. Previously, we have reported that Australian Transaction Reports and Analysis Centre has announced the new regulatory requirements for digital currency exchange providers which came into force from April 3, 2018.
A week ago, Blockbid exchange became one of the recipients of an AUSTRAC license, meaning they have been granted permission to legally operate as a cryptocurrency exchange, according to Australian law. Blockbid is a secure exchange with the goal of facilitating the highest volume of trades for the most cryptocurrencies with a single login.
Blockbid announced in its press-release that its Beta launch is set to go live on April 16, 2018. The platform will allow operation in fiat and cryptocurrency, including Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BCG), Litecoin (LTC), Ripple (XRP), USD, AUD, JPY and EUR.