Jamaica Stock Exchange to Trade Crypto

The Exchange signed a protocol of mutual understanding with BlockstationĀ under which a new platform for trading in digital assets will be created
14 August 2018   938

The Jamaica Stock Exchange (JSE) announced that it will soon introduce to its clients a tradable asset, based on cryptocurrencies.This is reported by CoinDesk.

The Exchange signed a protocol of mutual understanding with Blockstation, a blockchain start-up, under which a new platform for trading in digital assets will be created. It is known that the trading platform will be launched before the end of this year, but there's no info on the assets available.

JSE Managing Director Marlene Street Forrest believes that the cryptocurrency as an investment product will be able to supplement the offer of the stock exchange, which currently features such instruments as stocks, bonds, etc.

So the end game at the end of the day is to trade tokens, the end game is smart contacts, the end game is to provide that area of the market that would like this product, to start to do so in a secure manner.

Marlene Street Forrest

Managing Director, Jamaica Stock Exchange

The co-founder of Blockstation J Waterman said that his company has been cooperating with the stock exchange for six months and is developing an individual trading platform for it. He noted that JSE requested that the new platform be equipped with tools to track market manipulation and meet other regulatory requirements.

Binance DEX to Launch Trading

Mithril is the first asset, that is trading on new platform; also, the exchange presented the listing rules for assets
25 April 2019   94

Binance DEX announced the start of trading in the Mithril token (MITH) together with Binance Coin (BNB). This is the first asset in the listing site.

At the same time, the exchange presented the listing rules for assets. So, anyone can release a token on the Binance Chain, but listingĀ it to the marketplace takes place in several stages.

First of all, the issuer must place a listing application on the Binance Chain community forum, providing answers to a number of questions relating to the innovativeness of the project, its scope and other characteristics.

After that, the issuer must make a deposit in the amount of 1,000 BNB within two days, which will be returned later. Note that the listing of an asset on Binance DEX must be approved by at least half of the validators.