Binance to Support Malta Stock Ex Accelerator Program

Up to 12 fintech startups will be able to take part in the program
19 June 2018   1477

The world's largest crypto exchange Binance will support the program for support of local fintech startups, organized by the Malta Stock Exchange.

Fintech Accelerator MSX will support prospective start-ups and, in particular, provide professional services for business, including accounting services and provision of workspace.

It is clear that Malta is becoming a Fintech and blockchain center of excellence and we want to allow local and foreign companies the ability to bring their ideas to the market faster. This programme offers foreign entrepreneurs easy access to a readymade solution at one of Malta’s most prestigious addresses – the Malta Stock Exchange.
 

Joseph Portelli

Chairman, Malta Stock Exchange

Up to 12 fintech startups will be able to take part in the program. In addition to Binance, the new accelerator for startups will be supported by the media corporation Thomson Reuters.

Previously, the head of Changpeng Jao has repeatedly noted that Malta is one of the best places for the blockchhain companies, which is facilitated by a favorable tax and regulatory climate.

Binance DEX to List 5 TrustToken Stablecoins

Binance DEX listed TrueUSD, TrueGBP, TrueAUD, TrueCAD and TrueHKD, tied to appropriate fiat currencies
08 August 2019   203

Non-custodian exchange Binance DEX in the near future conducted a listing of five new stablecoin issuer TrustToken, The Block reports.

As TrustToken said, Binance DEX added TrueUSD, TrueGBP, TrueAUD, TrueCAD and TrueHKD, exchange rates related to the US dollar, Australian dollar, Canadian dollar and Hong Kong dollar, respectively.

All five assets will be released on the blockchain. Until this moment, TrustToken stablecoins were available only in the format of ERC20 tokens on the Ethereum blockchain.

Binance DEX has new opportunities for making financial contributions. TrueUSD trading on Binance DEX should start on August 8th. Listing suggestions for other TrustToken stablecoins will be issued in the coming weeks.

TrustToken plans to launch its new or two additional blockchains before the end of the year and the new TrueSGD, the rate of which will be tied to the Singapore dollar, “soon”.