IOTA enters Сhinese market

IOTA cryptocurrency starts its journey into the Сhinese market
24 July 2017   8738

A cryptocurrency designed for the Internet of Things, IOTA, enters the Сhinese market, as IOTA team reports on social media.


Distributed database that is used to maintain a continuously growing list of records, called blocks

While Bitfinex, formerly the sole exchange of IOTA, operates in Hong Kong, and offers 3 trading pairs: BTC, ETH, USD, the chinese exchange Bit520 becomes the first exchange in mainland China to offer the CNY trading pare, hence "IOTA starts its journey into the Chinese market".

IOTA enters Bit520 exchange   IOTA enters Bit520 exchange  

That is another small, yet significant step for IOTA cryptocurrency, for which things have been going pretty good lately. 

Binance to Spread Crypto Fiat Wings

The list of upcoming jurisdictions was found by the Block
18 January 2019   63

The Block has gained access to the list of jurisdictions in which the largest cryptocurrency exchange Binance intends to launch fiat trading platforms. The latter use technology Binance, but will be separate legal entities.

Alleged Binance New Operation Jurisdictions
Alleged Binance New Operation Jurisdictions

In 2019, the exchange allegedly intends to launch full-scale activities in Malta and in Singapore. At the same time, South Korea, Liechtenstein, Russia, Turkey and Argentina are in the plans.

Note that in October last year, such a platform appeared in Uganda, and just a few days ago - on the island of Jersey.