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 Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 21 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 12 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 15 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 15 days ago

    • You need to login to comment.