Authorship launches its book publishing platform

A single platform for readers, writers, translators and publishers Authorship is officially launching on June 1
22 May 2018   1695

Authorship is a platform for all those who is involved in the publishing industry and simple readers. The purpose of the project is to solve the problems of the conventional book publishing industry. Thus, authors have the ease to get their books published; publishers can easily locate authors seeking their book to be published; translators can find popular books and translate them; and readers can easily find and read books of any liking. And the official project launch is set on June 1. Back in April Beta v2.0 was released: it brought a new responsive design, a new interface and features.

On the other hand, the platform recognized the importance of the exchange the Authorship token is listed. A close partnership with Bancor exchange has provided liquidity to ATS and a stable environment where any user can trade ATS with and from ETH or any other token that is a part of the Bancor network. The initial exchange ATS got listed on - HitBTC, was reluctant to address the user complaints on trading, depositing and withdrawal, so the contract was not extended further.

Authorship Beta platform

Currently, the Beta platform has 85 items of books of different genre. The platform supports the purchase with both ATS and USD. To learn more about the project, you can visit the official page here. At the moment of publication, Authorship market parameters are as follows:

Average price 0.007751 USD
Market cap 759,392 USD
Volume (24H) 4,259 USD

Binance Singapore Unit to Apply For License

Under the new law, aimed at regulating crypto paymetns and trading, firms must register with the Monetary Authority to receive a license
17 February 2020   246

Binance, a Singapore-based cryptocurrency exchange unit, has applied for a license under the new Payment Services Act, which entered into force on January 28.

We have already applied. We submitted the application pretty fast. Binance’s Singapore entity has been in close touch with the local regulators, and they have always been open-minded.

 

Changpeng Zhao

Founder and CEO, Binance

Under the new law, crypto companies in Singapore must register with the Monetary Authority and receive one of three licenses: an exchange of money, a standard or large payment institution. The measure is aimed at regulating payments and crypto trading using requirements for participants in the traditional finance industry. Zhao did not specify which of the licenses Binance Singapore chose.

Binance has been offering crypto-fiat trading services in Singapore since April 2019 and works with eight coins, including Bitcoin, Ethereum and XRP. The trading platform is supported by Vertex Venture Holdings, a venture division of Singapore's Temasek Holdings.