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]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 9 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 16 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 20 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 23 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 27 days ago

    • You need to login to comment.