HTML Bunker to be released by HTMLCoin

HTMLCoin is going to launch its brokerage platform on August 5 fully dedicated to the native token
19 June 2018   1882

As South America grows interest in crypto assets, the world's first crypto brokerage platform by HTMLCoin is rolling out in August 5. It will be dedicated completely to HTMLCoin with 20 different trade mark pairs. The motivation is to add strength to the native token.

The crypto pairs portfolio will include Bitcoin, Bitcoin Cash, Ripple, Litecoin, Mono, Dash, Tron, EOS, Cardano and many others. The exchange is going to act like a bank that only accepts USD as the preferred trading currency. It will offer clients a more advanced and improved brokerage service having partnerships with various banking services. The platform will utilize hybrid blockchain technology to benefit from both Bitcoin and Ethereum.

More details are available here. Price-wise, HTMLCoin indicators are as follows:

Average price 0.000290 USD
Market cap 19,110,952 USD
Volume (24H) 204,967 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   294

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.