Bittrex to Launch International Trading Platform

The international platform will be available to existing Bittrex users except US customers
30 October 2018   129

At Bittrex International, there will be improved listing procedures for tokens and advanced options for qualified users from different countries.

The international platform will be available to existing Bittrex users, with the exception of US exchange customers.

Testing of Bittrex International will last over the next few weeks. Earlier the management of the American Stock Exchange planned to name its division Bittrex Malta.

According to Bittrex, the earlier process of including tokens in the listing took months. At Bittrex International, this process has been greatly improved and will be much faster. At the same time, token developers will get access to the company's partner network.

The platform will carry out its activities within the regulatory framework of the European Union and the Government of Malta.

We are committed to being a driving force in the blockchain revolution by increasing adoption of this innovative technology around the world. Bittrex International's more efficient token listing process, combined with our reliable, secure and advanced trading platform technology, will make it easy to quickly feature the newest, most innovative blockchain projects for our international partners and customers. 
 

Bill Shihara
CEO, Bittrex

Those preparing for listing on Bittrex International's assets will have to meet the standards set by the company for new tokens, which include such criteria as “authenticity, innovation and quality”. Also, the coins should not contradict the requirements of the Maltese Law on Virtual Financial Assets.

Gemini & Partners to Launch Virtual Commodity Association

Association is created to develop standards for the industry, promote transparency in the market and cooperate with regulators, including the CFTC
20 August 2018   413

Several major exchanges decided to create a new structure designed to eradicate manipulation in the digital assets market, Bloomberg reports.

The Virtual Commodity Association was formed by the founders of the exchange Gemini Cameron and Tyler Winklewoss. According to a statement released on Monday, the group also included Bitstamp, BitFlyer USA and Bittrex. Representatives of four trading platforms will meet in September to consolidate the provisions for the future functioning of the organization.

The Virtual Goods Association will develop standards for the industry, promote transparency in the market and cooperate with regulators, including the Commodity Futures Trading Commission of the United States (CFTC), in order to prevent manipulation of Bitcoin, Ethereum and other currencies.

As the temporary executive director of the organization, Maria Filipakis, who worked in the Financial Services Department of New York, was appointed, where she took part in the creation of a BitLicense.

Earlier, the Winklewoss brothers tried to launch their own ETF, tied to bitcoin, but the US Securities and Exchange Commission denied them twice, as the reasons for its decision, among other things, calling for the absence of adequate measures to prevent cryptocurrency market manipulations.