B2BX Exchange Gets Licence Approval from Estonian Regulator
- The B2BX is among the first cryptocurrency exchanges to be completely regulated in Europe.
B2BX Exchange, a professional digital asset trading platform, has received approval for a regulatory license from the Estonian Financial Intelligence Unit (FIU), the company announced on Monday.
B2BX Exchange, part of the B2Broker Group, provides access to institutional level Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. It is a spot trading platform that gives its customers the ability to trade major Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term such as Bitcoin, Ethereum, NEM, Litecoin, Ripple, NEO, Monero and Dash.
With the license, it is among the first cryptocurrency exchanges to be completely regulated in Europe. The creators of Skype, Estonia is a go-to country for crypto firms to secure regulation, as it is well-known for being technology and cryptocurrency-friendly.
B2BX supports the five major stablecoins - USDT, USDC, GUSD, PAX, and TUSD. Through the license, which will come into effect shortly, the exchange believes it can extend its cryptocurrency services, as well as introduce crypto-to-fiat products. In addition, clients of the exchange will have access to increase daily limits for automatic deposit and withdrawals.
Arthur Azizov, Founder of B2Broker
Commenting on the exchange, CEO and Founder of B2Broker group, Arthur Azizov, said: “we are delighted to have secured regulatory approval from Estonia, placing B2BX Exchange in the enviable position of being one of the first exchanges to achieve this accolade."
“I have long been a proponent of regulation which I believe will promote further the adoption of cryptocurrency usage and cryptocurrency trading. Our users will be able to benefit from an enhanced level of protection, safe in the knowledge that they are dealing with a world-leading, regulated cryptocurrency exchange”.
B2BX Exchange Seeks Further Licences
With the license from Estonia secured, B2BX Exchange is now looking to attain licenses for further jurisdictions. While the firm does not reveal which areas, in particular, it is looking to obtain authorization, it does say that it is currently in the submission process with a number of regulators and will reveal further details in the future.
B2BX Exchange, a professional digital asset trading platform, has received approval for a regulatory license from the Estonian Financial Intelligence Unit (FIU), the company announced on Monday.
B2BX Exchange, part of the B2Broker Group, provides access to institutional level Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. It is a spot trading platform that gives its customers the ability to trade major Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term such as Bitcoin, Ethereum, NEM, Litecoin, Ripple, NEO, Monero and Dash.
With the license, it is among the first cryptocurrency exchanges to be completely regulated in Europe. The creators of Skype, Estonia is a go-to country for crypto firms to secure regulation, as it is well-known for being technology and cryptocurrency-friendly.
B2BX supports the five major stablecoins - USDT, USDC, GUSD, PAX, and TUSD. Through the license, which will come into effect shortly, the exchange believes it can extend its cryptocurrency services, as well as introduce crypto-to-fiat products. In addition, clients of the exchange will have access to increase daily limits for automatic deposit and withdrawals.
Arthur Azizov, Founder of B2Broker
Commenting on the exchange, CEO and Founder of B2Broker group, Arthur Azizov, said: “we are delighted to have secured regulatory approval from Estonia, placing B2BX Exchange in the enviable position of being one of the first exchanges to achieve this accolade."
“I have long been a proponent of regulation which I believe will promote further the adoption of cryptocurrency usage and cryptocurrency trading. Our users will be able to benefit from an enhanced level of protection, safe in the knowledge that they are dealing with a world-leading, regulated cryptocurrency exchange”.
B2BX Exchange Seeks Further Licences
With the license from Estonia secured, B2BX Exchange is now looking to attain licenses for further jurisdictions. While the firm does not reveal which areas, in particular, it is looking to obtain authorization, it does say that it is currently in the submission process with a number of regulators and will reveal further details in the future.