Particl to release its Marketplace Alpha

Particl Project's decentralized marketplace Alpha launches May 31 and marks a stepping stone of an online shopping revolution
28 May 2018   1112

After thorough testing of a non-official Alpha build for more than 6 weeks, MVP of a working Particl decentralized marketplace is rolling out. The launch is scheduled for May 31. The latest tested and proven stable build is 1016/7. The 2 issues concerning decimals not showing up in checkout process and multiple items in checkout caused problems when placing the order are both fixed.

Alpha build will be released on Particl Github page. The build is meant for the testnet only. As bugfixes, security patches, governance features and privacy enhancements come along the testing process, users will be able to download the client, create a store, post some items for sale and initiate the trade.

Particl is an open-source and decentralized privacy platform built on the blockchain specifically designed to work with any cryptocurrency. The mission of the project is to foster a new decentralized private and democratic economy supported by its platform and native currency. At the moment of publication, Particl market parameters are as follows:

Average price 8.42 USD
Market cap 75,658,504 USD
Volume (24H) 1,199,030 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   246

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.