Japanese FSA approves more cryptocurrency exchanges

The Japanese Financial Services Agency made an announcement on its website posting a document about four new cryptocurrency exchanges which are being approved to function in Japan
03 December 2017   1352

The Japanese Financial Services Agency made an announcement that four more cryptocurrency exchanges are now approved to legally operate in Japan. Previously, only 11 cryptoexchanges exchanges were reported to have received FSA approval.

The new cryptoexchanges that were approved are Tokyo Bitcoin Exchange Co. Ltd, Bit Arg Exchange Tokyo Co. Ltd, FTT Corporation, and Xtheta Corporation.

Only the digital currencies handled by the approved exchanges correspond to the definition under the fund settlement law.

Japanese Financial Services Agency

As it was stated in the announcement, Bitcoin trading was approved only for three of the four companies, while Xtheta Corporation has been approved to trade additional cryptocurrencies like Ethereum, Bitcoin Cash, Ripple, Litecoin, Ethereum Classic, NEM, Monacoin, and Counterparty tokens (XCP).

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   404

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.