News
Future Fintech Receives Approval from UK Regulator to Acquire UK Money Payment Service Company

Future FinTech Group Inc. (NASDAQ: FTFT) (“hereinafter referred to as “Future FinTech”, “FTFT” or “the Company”), a blockchain application technology developer and a fintech service provider, announced today that on August 16, 2022, FTFT UK Limited (“FTFT UK”), a company organized under the laws of United Kingdom and a wholly owned subsidiary of the Company received approval from the Financial Conduct Authority (“FCA”), a financial regulatory body in the United Kingdom, to acquire Khyber Money Exchange Ltd. (“Khyber Exchange”). The Company expects to close the acquisition within the three-month timeframe from August 16, 2022 for which the FCA’s approval of the change of control remains effective; however, the FCA may extend this period upon request.
As previously disclosed, on September 1, 2021, FTFT UK signed a definitive agreement (the “Agreement “) to acquire 100% of the equity of Khyber Exchange from Rahim Shah (the “Seller”). According to the Agreement, the Company will acquire 100% of the equity of Khyber Exchange at a purchase price of €685,000. The Company engaged in extensive operational, legal and financial due diligence in order to reach this Agreement.
Khyber Exchange is a money transfer company with a platform for transferring money around the world via one of its agent locations or its online portal, mobile platform, or over the phone. Khyber Exchange was incorporated in February 2009, is headquartered in the UK and has offices in Germany and Italy; its website is https://khyberexchange.com.
Shanchun Huang, Chief Executive Officer of Future FinTech, commented, “We are pleased to have received approval from the FCA to acquire Khyber Exchange since it further extends our fintech footprint and diversifies our geographical reach. We believe that money payment services are a high margin business that will enable us to capitalize upon an increasing level of international business transactions and money flows. We believe that it will be synergistic with other financial service businesses that we are developing.”
“We believe that this acquisition will play an important role in the strategic transformation of the company and lay a foundation for the internationalization of our business and income. Our objective is to become a diversified fintech enterprise that leverages current opportunities and integrate them into a comprehensive business platform. We are intent upon creating a company that can optimally meet customers’ financial needs by positively disrupting the traditional banking sector via an array of innovative products and services,” concluded CEO Huang.
About Future FinTech Group Inc.
Future FinTech Group Inc. is a blockchain application technology developer and fintech service provider incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall (“CCM”), supply chain financing services, asset management, and cryptocurrency market data services. The Company is also engaged in the development of blockchain based e-Commerce technology and cryptocurrency mining, cryptocurrency investment management as well as financial service technology businesses. For more information, please visit http:/www.ftft.com/.
Technologies
1.country – Web2 Domain names meet Web3 Profiles

Today, Hidden State, a Harmony ecosystem partner, announced the launch of world’s first integrated platform for Web2 domain names and Web3 profiles, giving users a unified digital identity & brand solution. 1.country is a game-changing approach that delivers users with a one-stop-shop for domain registration, management, monetization and more.
Until today, users could either buy a traditional web domain name through domain name registrars or a Web3 domain name based on smart contracts. With 1.country they don’t have to choose. 1.country delivers an ICANN approved top-level domain with the superpowers of smart contracts. Harmony’s ecosystem developers are working on adding new features, such as SMS wallet capabilities, token gated content, and an open development kit for anyone to build tools and products upon.
As Web3 evolves, creators need a solution to own their data and identity, figure out new business models, and capture the value that the current web fails to deliver. The current Internet is dominated by advertising business models which extract value from users — 1.country opens a new era of possibilities for digital commerce to empower them.
1.country leverages Harmony — one of the most scalable open blockchains with uniform sharding and 2-second finality. This allows users to buy a domain name without incurring high fees. Additionally, 1.country enables users to obtain a browsable domain within 5 minutes, significantly faster than the hours or days it takes for traditional website certification. Moreover, by using 1.country, users can make permissionless purchases without the need to share personal information such as credit card details, emails, or physical addresses. This eliminates the need for users to worry about their personal information being compromised or misused.
“With 1.country domains, we are bringing a world’s first yet again. This showcases what Harmony and our community can enable. We’ve been through a lot of adversity and I am extremely proud of our team for staying focused on building the future. We are thrilled to launch this new platform to bring the worlds of Web2 and Web3 closer together. With the support of our amazing community, we will continue to build, push forward and create value,” said Stephen Tse, Founder of Harmony.
Web3 identity is a rapidly growing space with projects such as Ethereum Name Service and Unstoppable Domains gaining over 5 million total registrations. Meanwhile Web2 profile pages like Linktree are serving 15 million users. 1.country combines the best of both worlds with a Web3 .1 name service directly linked to a Web2 profile.
With the goal of building the Internet where users own their personal assets, data, and communities, .country is the extension of the digital nations or network state ethos. A network state is a highly aligned online community with a capacity for collective action. By claiming a 1.country, users can start building their own digital communities and Web3 nations.
Harmony operates the .country top level domain and brings together the integration of Web2 and Web3 after significant engineering development. The Web3 connection with the Web2 domain registry is developed at the infrastructure level by Hidden State LLC, a Harmony ecosystem partner.
Get ready for the future of the Internet with Web3, and discover how it’s becoming a reality by claiming your domain name on harmony.one/1.
About Hidden State LLC
Hidden State LLC provides state-of-the-art solutions in blockchain infrastructure, wallet, security, forensics, and machine learning. Learn more at hiddenstate.xyz.
About Harmony
Harmony is an open and fast blockchain. Its mainnet runs Ethereum applications with 2-second transaction finality and 100 times lower fees. Harmony is an open platform for assets, collectibles, identity, and governance. Learn more at harmony.one.
Technologies
ATPBot Launches Powerful AI-Quantitative Trading Bot

ATPBot has launched an AI bot dubbed the ChatGPT of quantitative trading. Similar to ChatGPT’s ability to understand and process natural language, ATPBot provides investors with a scientific, standardized, and effective way to invest in quantitative trading.
By using data and algorithms to determine the optimum timing and pricing when executing trades, ATPBot reduces human error. In the process, it increases investment efficiency and stability, helping traders dispense with subjective judgment and experience-based decision-making.
ATPBot is a platform focused on quantitative trading development and services. It implements quantitative trading strategies for its users with the advantages of AI technology that provides efficient and stable solutions.
By analyzing market data in real-time and using natural language processing to extract valuable insights from news articles and other text-based data, ATPBot can quickly respond to changes in market conditions and make more profitable trades. Additionally, ATPBot uses deep learning algorithms to optimize its trading strategies continually, ensuring that they remain effective over time.
Just as ChatGPT is a powerful tool for generating human-like responses to text-based queries, ATPBot is a potent instrument for generating profitable trading strategies using AI and machine learning algorithms.
ATPBot is designed to provide a personalized trading strategy recommendation service based on quantitative artificial intelligence analysis. By leveraging the advantages of AI, ATPBot can help traders make more profitable trades and avoid the common pitfalls that lead to losses. In this way, ATPBot serves as an intelligent and reliable investment partner that can help users achieve their financial goals.
ATPBot features include
- Cutting-edge algorithms that combine multiple factors to find profitable methods through complex data types.
- Strategies are ready-made and do not require tuning. Traders can begin running a profitable strategy in one click.
- Real-time market monitoring to capture signals and millisecond-level response for quick operations.
- Ultra-low management fee: a one-time payment is all that’s required.
- All transactions are processed by third-party exchange Binance. ATPBot has no access to user funds.
- AI trades 24/7 automatically, allowing users to generate profits even when they are sleeping.
Investors can register today to open the door to AI quant trading and reap the profits of AI technology algorithms with ATPBot.
About ATPBot
ATPBot is a digital currency intelligent AI-quantitative trading bot platform, founded in 2021. ATPBot’s mission is to become a leader in the field of digital currency trading and provide efficient, intelligent, and reliable quantitative trading solutions to our clients. ATPBot’s team consists of AI algorithm and strategy modeling experts who provide collective intelligence and advanced machine learning models to drive growth and success for businesses. ATPBot seeks significant capital appreciation through a combination of quantitative methods and artificial intelligence (AI) strategies, and has developed an advanced AI algorithm model that has repeatedly outperformed the market. Moving forward, ATPBot will continue to drive technological innovation and industry leadership to provide our clients with more efficient, intelligent, and reliable quantitative trading bot solutions.
News
Pillars of Finance: New Alternative Investment Event Takes the Stage

On April 4th, 2023, Pillars of Finance, sponsored by Preferred Trust Company, will host its inaugural virtual event featuring industry expert speakers from Ignite Funding. Investors across the U.S. will learn how to add above market average yield, passive real estate investments into their retirement account to reap the benefits of tax-deferred or tax-free growth.
As markets fluctuate, laws change, and taxes inevitably increase, it is more apparent than ever before that Americans need to employ every advantage at their disposal to reach their retirement goals.
Pillars of Finance is an investment community created by industry experts for investors of all levels. Each event is specifically tailored for the exploration of different alternative assets such as cryptocurrency, oil and gas, and precious metals to name a few. Investors will be able to use these alternative investment pillars to build the foundation for strategic tax-sheltered growth.
“When traditional investments are volatile, alternative investments are talked about,” says Carrie Cook, CEO of Preferred Trust Company. “As a self-directed custodian, we see through a microscope the alternative investments that are performing for our clients, and we want to share this with you. Join us as we take a deeper dive into alternative investments with leading experts to diversify your investment portfolio.”
To register for the event, visit pillarsoffinance.com
About Pillars of Finance
Pillars of Finance is sponsored by Preferred Trust Company, one of the leading self-directed IRA custodians in the industry. As an advocate for retirement savers, Preferred Trust Company realized that the greatest barrier to entry into alternative investments is knowledge. Pillars of Finance will host events throughout the year to provide investors of all levels with the tools they need to navigate investments that were once reserved for the extremely wealthy.
Blockchain
Gridex: An on-chain order book protocol, the catalyst for DeFi mass adoption

With the increasing popularity of decentralized finance (DeFi), the demand for decentralized exchanges (DEXs) with a better user experience and lower costs has become one of the primary goals of many blockchain projects. Gridex Protocol has taken a step forward in addressing this need by launching an on-chain order book trading protocol that offers robust decentralized attributes.
A new type of trading protocol using a dual algorithm framework
The Gridex Protocol team has introduced a new type of DEX using their dual algorithm framework, providing a solution to the shortcomings of existing automated market maker models used by mainstream DEXs. The team designed the GMOB model and GPLM algorithm to solve the problems of impermanent loss and high slippage issues preventing users from entering DeFi.
Centralized exchanges (CEXs) usually use a CLOB model for the matching engine algorithms. However, the CLOB model requires significant resources, making it impossible for them to be deployed and run on blockchain networks. The GMOB model improves the resource consumption problem caused by CLOB, allowing order books to be on-chain.
GMOB limits maker orders to an extremely narrow price range based on percentage limits, adding them to the system order book instead of executing them immediately. This feature increases liquidity in the entire system, like a CEX. Gridex Protocol drives incentives by providing makers with negative transaction fees.
The GPLM algorithm mainly handles transaction execution and settlement, measuring linear proportional relationships between changes in token prices caused by takers within a specific price range and token purchase quantities. Even if all transactions are on-chain, the gas consumption for the Gridex Protocol remains the same as a constant function market maker without imposing a higher cost burden on users.
Gridex Protocol provides clear advantages for users
Gridex Protocol is taking the user experience to the next level with its innovative technology. In the early stages of DEX development, the focus was on decentralization and transparency, but as the market evolved, improving user experience became a top priority.
Gridex Protocol offers a smoother trading experience and lower costs than its competitors. Tests have shown that trading with Gridex Protocol costs the same as Uniswap v3, at around 120,000 gas. However, completing orders with the “collect maker order” feature can save users up to 60% of gas fees compared with adding or removing liquidity with Uniswap v3. This innovative feature means users can save up to 40% on transaction costs by switching from Uniswap v3 to the Gridex Protocol.
The Gridex Protocol order system provides users with three granular options to balance transaction efficiency and fee income: 0.01%, 0.05% and 0.3%. For stablecoin pairs and other trading pairs where quick execution is essential, users can choose finer granular modes. Coarser granular options are also available for high-volatility tokens to obtain increased transaction rewards.
Gridex Protocol‘s native token GDX will list on D5 Exchange on March 15
Gridex Protocol has announced that it will list GDX — its native token — on D5 Exchange on March 15. According to the team, a total number of 200 million GDX tokens will be issued, of which 70% will be distributed to the community for proof-of-stake (PoS) rewards, maker rewards and airdrop rewards. The remaining 30% will be used to reward core contributors and early investors, and for project development and marketing.
According to the development roadmap, the Gridex Protocol team expects to launch a PoS mainnet in the second quarter of 2024, supporting mainstream layer 1s and layer 2s, establishing cross-chain order books, with D5 Exchange becoming the DEX that aggregates liquidity from the entire network.
Altcoins
CME Group Announces First Day of Trading of Event Contracts on Bitcoin Futures

CME Group, the world’s leading derivatives marketplace, today announced the first day of trading of event contracts on Bitcoin futures.
“Our new event contracts on Bitcoin futures provide a limited-risk, highly transparent way for a wide range of investors to access the bitcoin market via a fully regulated exchange,” said Tim McCourt, Global Head of Equity and FX Products at CME Group. “These cash-settled, daily expiring contracts will further complement our existing suite of 10 event contracts tied to our benchmark futures markets, which have traded more than 550,000 contracts to-date. In addition, these new contracts will offer an innovative, lower-cost way for investors to trade their views on the up or down price moves of bitcoin.”
CME Group offers event contracts on a growing number of its benchmark futures markets, including gold, silver, copper, crude oil, natural gas, E-mini S&P 500, E-mini Nasdaq-100, E-mini Dow Jones Industrial Average, E-mini Russell 2000 and euro-U.S. dollar foreign exchange futures. Valued up to $20 per contract, these daily options on futures enable participants to know their maximum profit or loss when entering a trade.
CME Group event contracts are listed with and subject to the rules of CME. For more information on this product, please see: www.cmegroup.com/eventcontracts.
As the world’s leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world’s leading central counterparty clearing providers, CME Clearing.
News
Bank Accounts in Crypto Are Now Real: Meet the New BaaS Solution from Mercuryo

Global payments infrastructure platform Mercuryo introduces the first Banking-as-a-Service product tailored to suit the needs of crypto market participants. Digital asset organisations, such as exchanges, wallet providers, NFT services, DeFi protocols, DAOs, and others can integrate the BaaS solution into their ecosystems and open full-fledged bank accounts. Doing so enables their customers to seamlessly store, transfer, spend, and convert fiat to crypto within a single platform.
BaaS is among the newest financial trends. Crypto organisations have long been struggling with the integration of fiat payments into their platforms. As this industry is still young and far from perfect, it’s difficult for CeFi and DeFi projects to integrate and work directly with traditional finance players.
As the first mover in this field, Mercuryo has identified this challenge and moved to provide an effective solution with its new BaaS product. Creating a seamless bridge between crypto and traditional finance, the integration empowers cryptocurrency users in the UK and the EU to access instant SEPA transfers via their own IBAN accounts for buying, selling, and storing digital assets with no to minimal commissions.
A major advantage of this product is that companies can offer banking products to their clients through integrations and without the trouble of having to receive their own licences. Instead, Mercuryo is responsible for handling all KYC and AML procedures.
“Mercuryo seeks to become a one-stop-shop for both conventional and crypto-native platforms that seek to seamlessly integrate financial infrastructure for crypto and fiat payments alike. Introduction of our BaaS product is a major step in bringing the two worlds together, and we are already seeing great demand for it among our partners and beyond,” says Petr Kozyakov, Mercuryo’s co-founder and CEO.
About Mercuryo
Mercuryo is a global payments infrastructure platform, reinventing the ease of making payments by providing businesses from both the fiat and crypto worlds with a wide range of financial services and products, accessible through single API integration. Since its inception in 2018, Mercuryo has been developing a holistic fintech platform with a wide array of products. The company secured partnerships with over 200 crypto players, working with leading industry names such as MetaMask, Trust Wallet, Ledger, Trezor, 1inch, Gate.io, Nexo, OKX, Bitcoin.com and Bybit.
Altcoins
Join the Plena Smart Wallet Referral Program and Win Big with $1,000,000 in PLENA Tokens!

Plena Smart Wallet, which is one of the first self-custodial wallets to support Account Abstraction is thrilled to unveil its hotly anticipated referral program that offers rewards worth up to $1,000,000 in $Plena tokens. The program aims to incentivize users to invite their friends and family to join the platform while offering them a chance to earn some significant rewards.
The rules are fairly simple and straightforward. To participate in the program, users simply need to share their referral link with their friends and family. Once a new user downloads the app and signs up through their referral link & successfully completes 3 Transactions on the Fantom chain, both the referring user and the new user will be earning 50 points each. Existing customers can make as many referrals as they like but they must be a new Plena App customer. This means that the more friends and family members you refer, the higher your chances of winning a significant reward.
The program has turned referrals into a game, where users can earn rewards in the form of $Plena tokens for each referral they make & track the leaderboard. ** Limited time offer** In addition to the exciting rewards for individual referrals, Plena Smart Wallet’s referral program offers users the opportunity to win even bigger rewards.The platform is giving away rewards worth up to $100,000 in $Plena tokens to the Top 100 on the leaderboard.
Plena Smart Wallet is a super-friendly self-custodial crypto wallet which offers native support for Account Abstraction. Its revolutionary approach to tackling persistent issues in the cryptocurrency market, such as poor user experience, is enhancing the accessibility of blockchain technology to the general public. Plena’s objective is to onboard the next billion users through its innovative smart contract wallet, which allows users to begin their cryptocurrency journey without requiring extensive knowledge of blockchain.
Say Goodbye to Poor User Experience and Hello to an Exciting Crypto Journey. Join the Next Billion Users Now!
Technologies
c, an Industry-Leading Cyber Security Firm, Declares Continuous Commitment to Protect Blockchain Projects From the Growing Threat of Cyber Attacks

Shellboxes, a leading Web 3 company with top-level blockchain security and consulting services, has announced its commitment to help project owners stay protected amid rising cyberattacks in the industry. The Shellboxes team has raised the alarm over the carefree attitude of most Web 3 project owners who pay little to no attention to the growing risk of cyberattacks.
According to a report by Chainalysis, 2022 witnessed the most significant loss of crypto assets to hackers. The report revealed a whopping $3.8 billion was stolen, mainly from DeFi protocols. As the risk of these cyberattacks increases in the Web 3 space, ShellBoxes is advising Web3 project owners to take the security of their platform/project seriously. These owners need to ensure their projects undergo robust and thorough security audits. Some project owners settle for low-tier quality audits with the sole purpose of laundering the business’ brand image instead of the security of the project.
ShellBoxes aims to not just awaken these owners to the potential dangers of below-par security audits; the company also offers blockchain security services. According to the ShellBoxes team, projects should undergo rigorous security audits before they go live.
The ShellBoxes’ Blockchain Security Solutions
ShellBoxes offers a two-fold blockchain security service. First, the company can help projects identify and resolve flaws in their already existing blockchain project. Second, the ShellBoxes team can develop highly secure and efficient smart contracts from scratch. The team carries out blockchain security, smart contract audit, and dApp security all covered within the blockchain audit. Through in-depth testing, ShellBoxes identifies and corrects existing loopholes in projects’ smart contracts. For dApp projects, ShellBoxes helps the owners detect any flaws before malicious entities can exploit them. Generally, the team helps Web3 project owners stay ahead of malicious hackers seeking to compromise and exploit their systems.
ShellBoxes provide owners with the opportunity to utilize blockchain technology to improve traceability and transparency in their project. The team also helps projects analyze the strategic use of blockchain and how it can improve their business standing. The company also provides projects with highly secure and impregnable smart contracts.
About ShellBoxes
ShellBoxes is a top Web3 company offering high-level blockchain security and development solutions. The company specializes in building, auditing, and testing smart contracts, as well as deploying state-of-the-art security solutions for decentralized applications (dApps) and blockchain-based systems. In 2022, ShellBoxes won the DeFi Security Alliance outstanding quality award. The team aims to make blockchain technology more secure, reliable, decentralized, and efficient for businesses, organizations, and individuals.
Social Media Contact
Website: https://shellboxes.com/
Twitter: https://twitter.com/shellboxes
Telegram: https://t.me/amougai
LinkedIn: https://www.linkedin.com/company/shellboxes
Github: https://github.com/shellboxes/public-audit-reports
Medium: https://shellboxes.medium.com/
Business
GMO-Z.com Trust Company Partners with Komainu to Offer Institutional Custody for Regulated Stablecoins GYEN and ZUSD

GMO-Z.com Trust Company, Inc. (“GMO Trust”) has partnered with Komainu, a regulated digital asset custody service provider built by institutions for institutions, to offer secure and compliant institutional-grade custody services for GYEN and ZUSD, the regulated Japanese yen (“JPY”) stablecoin and the U.S. Dollar (“USD”) stablecoin.
GYEN and ZUSD are the regulated JPY stablecoin and USD stablecoin approved by the New York State Department of Financial Services (NYDFS) and are 1:1 backed stablecoins with assets held at FDIC-insured banks.
As a regulated, institutional-grade digital asset custodian, Komainu provides the same safeguards and protections that investors are accustomed to in traditional finance. This partnership enables institutional clients to leverage the regulated stablecoins ecosystem under the highest standard of compliant custody framework to consolidate and interact with digital assets.
Ken Nakamura, CEO of GMO-Z.com Trust Company, Inc., said: “Komainu provides more than just a secure custody service – their comprehensive legal compliance and the flexibility of easy access are incomparable. We believe bridging the regulated JPY and USD stablecoins with the most advanced compliant custody solutions will pave an innovative way for institutional clients to explore leveraging digital assets. We are particularly excited to collaborate with a company with shared Japanese heritage and hope that this will develop our respective franchises in the APAC region as well as globally.”
Darren Jordan, Head of Sales of Komainu, said: “This was a logical partnership given that we are a regulated entity with Japanese roots. Our institutional-grade hybrid wallet infrastructure allows us to support one of the widest blockchain and token offerings in the market and we are particularly excited about increasing stablecoin demand with a lot of opportunities outside of USD stablecoins in particular.”
About Komainu
Komainu is a regulated digital asset custodian built by institutions for institutions and created as a joint venture between Nomura, digital asset manager CoinShares, and digital asset security company Ledger. Offering multi-asset support with regulatory compliance, Komainu is merging traditional financial services with leading security standards for the next generation of institutional custody. Headquartered in Jersey and with offices in London, Dublin, Dubai, and Singapore, Komainu is Regulated by the Jersey Financial Services Commission (JFSC) and Dubai Virtual Assets Regulatory Authority (VARA). For more information, please visit https://www.komainu.com
About GMO-Z.com Trust Company
GMO-Z.com Trust Company, based in New York, is a limited purpose trust company, regulated by the New York Department of Financial Services. Issuing the first regulated JPY stablecoin “GYEN”, and a trusted USD stablecoin “ZUSD”. GMO-Z.com Trust is on a mission to bring traditional finance into the digital age with blockchain services. For more information on GMO-Z.com Trust Company, Inc., visit https://stablecoin.z.com.
News
Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort

MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 countries with over 50 million merchants worldwide. This new feature is now available to all ID-verified MaskEX users.
MaskEX has also announced that Ben Caselin, former Head of Research and Strategy at Hong Kong-based crypto exchange AAX, has joined MaskEX in the role of Vice President. Drawing on nearly 4 years at AAX, Mr. Caselin has played an important role in driving the mainstream adoption of bitcoin and digital assets through the platform, especially in emerging markets. At MaskEX, Mr. Caselin will oversee all global and localized marketing, communications and business development initiatives.
“We are excited to offer our users the ability to spend their crypto wherever and whenever they want with the launch of the MaskEX Virtual Card,” said Eric Yang, CEO of MaskEX. “Our vision is to make crypto more accessible and find ways to integrate crypto more with people’s everyday lives.”
“We are also delighted to be joined by Ben Caselin, not only because we believe he can play a vital role in our global expansion efforts, but also because of the terrible situation he has witnessed up close at AAX, following the collapse of FTX in late 2022. As we have observed, he puts users before business, and in reaching out to Ben, we have specifically asked him to be uncompromising and closely scrutinize our operations.”
“As a third-generation crypto exchange we are one of only 18 centralized exchanges globally that provide Proof-of-Reserves,” said Mr. Yang, “and with Abu Dhabi’s Sovereign Wealth Fund, under Sheikh Hamad Rakadh Salem Hamad Alameri, as a major stakeholder, we know we are in a very good place to compete with the world’s biggest trading platforms.”
On joining MaskEX, Mr. Caselin stated that “while the industry is still suffering from contagion and a severe lack of investor confidence, we cannot afford to give up now.”
“At this stage in the development of this nascent industry, properly managed centralized exchanges can still play an important role in raising awareness around digital assets, providing a point of contact for regulators, cooperating with the existing banking sector and payment providers to accelerate integration, and, of course, in driving the mainstream uptake of bitcoin and digital assets everywhere.”
About MaskEX
Headquartered in Dubai, UAE, MaskEX is a third-generation centralized crypto exchange, founded in 2021, that aims to provide easy and secure access to digital assets for everyone. With a wide range of innovative products and services, MaskEX is committed to empowering users globally and contributing to the growth of the crypto and blockchain industry. MaskEX offers a user-friendly interface and advanced trading tools, making it easy for both novice and experienced traders to navigate the crypto market. The exchange offers a comprehensive range of products, including savings packages, over 300 spot pairs, and deeply liquid futures markets. Additionally, MaskEX offers a range of on- and off-ramp products to help users easily convert fiat currency to digital assets and vice versa. With a growing user base of over one million users across the globe, MaskEX is dedicated to promoting the adoption of digital assets and building a more inclusive economy for all smart cities and their citizens.
-
Blockchain2 weeks ago
Chainlink Price Feeds Go Live on Base Testnet, New Ethereum L2 Incubated by Coinbase
-
Technologies3 weeks ago
Chainlink Launches Powerful Web3 Serverless Platform for Developers
-
News2 weeks ago
Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort
-
Altcoins2 weeks ago
Join the Plena Smart Wallet Referral Program and Win Big with $1,000,000 in PLENA Tokens!
-
Blockchain3 weeks ago
Aurora Labs Launches Turnkey Blockchain Solution for Businesses Transitioning to Web3
-
Business2 weeks ago
GMO-Z.com Trust Company Partners with Komainu to Offer Institutional Custody for Regulated Stablecoins GYEN and ZUSD
-
News1 week ago
Bank Accounts in Crypto Are Now Real: Meet the New BaaS Solution from Mercuryo
-
Technologies2 weeks ago
c, an Industry-Leading Cyber Security Firm, Declares Continuous Commitment to Protect Blockchain Projects From the Growing Threat of Cyber Attacks