Express

FXcoin Partners With SBI Holdings To Reduce Risks Brought By Crypto Price Fluctuations

Tracy CHEN

Summary: Japanese cryptocurrency exchange FXcoin announced that it will cooperate with companies such as SBI Holdings to establish a mechanism to reduce the risks brought by cryptocurrency price fluctuations. This mechanism is similar to the mechanism of foreign exchange transactions with fixed prices to meet the needs of institutional investors. A demonstration experiment for this mechanism ...

Japanese cryptocurrency exchange FXcoin announced that it will cooperate with companies such as SBI Holdings to establish a mechanism to reduce the risks brought by cryptocurrency price fluctuations. This mechanism is similar to the mechanism of foreign exchange transactions with fixed prices to meet the needs of institutional investors. A demonstration experiment for this mechanism is planned to start in November.

Tracy Chen

Last Update:

Tags: ,
Link: FXcoin Partners With SBI Holdings To Reduce Risks Brought By Crypto Price Fluctuations   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago
  • You need to login to comment.