South African Sygni to Open Crypto Exchange

Sygnia Ltd. is an asset management company, based in Johannesburg
28 May 2018   705

The investment company Sygnia Ltd., based in Johannesburg (South Africa). intends to launch the SygniaCoin crypto exchange in the third quarter of 2018. This is reported by Bitcoin. com.

Representatives of the company note that Sygniacoin will offer investors a safe trading platform with an international infrastructure, a well-designed system of protection and integration with standard investment products.

We aim to launch SygniaCoin, a cryptocurrency exchange, in the third quarter of 2018. The cryptocurrency market is evolving at a rapid pace internationally and domestically, and is attracting both domestic and international flows. With its fintech focus, Sygnia is well-positioned to become the first major financial services institution to embrace cryptocurrencies and to offer investors a secure trading and execution platform backed by an international infrastructure, well-designed custody, and integration with standard savings products.

Magda Wierzycka
CEO, Sygnia

Sygnia Ltd. currently manages assets worth 184 billion rand (about 14.7 billion US dollars). The company's offices are located in Cape Town, Johannesburg and Durban.

Binance to Launch Crypto-Fiat Exchange at Jersey

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs
16 January 2019   72

Binance has opened a branch at Jersey island, targeting Europe and the UK. Its clients will be able to trade Bitcoin and Ethereum for the euro and the British pound. 

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs. To start trading, users must undergo KYC verification.

According to Binance CFO Ju Wei, bidding cryptocurrencies for fiat money will provide Europeans with new opportunities in the face of uncertainty with Brexit affecting the euro and the pound.

Wei also stressed that a strong legal framework makes Jersey one of the leaders in the development of blockchain technology.