Cryptocurrency Exchange – Page 6

VPE Bank Implemented The First Cryptocurrencies Exchange Dedicated To Big Whales In The Crypto-Verse In Germany

The German VPE Wertpapierhandelsbank AG (VPE) has pronounced its cryptocurrency exchange platform for big crypto holders, Krypto-Währungshandel, and asserts this is the first of this kind in Germany.

Equipped with a Bafin license as well as a cooperation with SolarisBank, a Berlin-based business offering cryptocurrencies trading solutions, VPE alleges to provide “best-in-class technology”.

It offers the necessary infrastructure to enable investors to take part in highly prosperous and promising future projects.

VPE Bank is a German-based over-the-counter trading financial institution

VPE Bank offers brokerage services, financial consultancy, credit support and several other advisory services to satisfy clients’ requirements. As a securities bank, the VPE has an impressive history of successful operations and has the relevant networks and technological requirements for the settlement of specific securities trades, such as cryptocurrencies exchange.

The Bank’s spokesperson for the German bank, Katharina Strenki underlined:

Until now, institutional investors have faced high barriers to crypto trading. Our cryptocurrency trading services offer a much more convenient alternative. Cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and others have become a promising asset class in the recent years. To date trading, digital tokens have been restricted to crypto exchanges and online marketplaces. We are pleased to be the first German bank to offer cryptocurrency trading services to our customers.

The cryptocurrencies enthusiasts welcomed the Germany Bank decision

Around the world, more and more banks struggle to limit the cryptocurrencies operations, thus, VPE Bank of Germany, which has recently announced the implementation of its own cryptocurrency exchange.

On Twitter, many crypto holders and influencers showed positive feedback upon the announcement. For example, FredW, a crypto enthusiast posted on Twitter that “the game is changing as those big players together with regulations will act as a catalyst to winnow most useless shitcoins.”

In conclusion, the German bank VPE (VPE Wertpapierhandelsbank AG) developed its own cryptocurrency exchange dedicated to big whales of the cryptocurrencies world, being the first German bank to implements such a feature.

Anna Galvez

Nasdaq Is Up To Becoming A Cryptocurrency Exchange, According To Its CEO

As the cryptocurrencies market is maturing, more and more important institutions and investors are attracted by crypto assets. Now, it’s the turn of Nasdaq to draw attention, as its CEO, Adena Friedman, admitted for CNBC that Nasdaq is open to becoming a cryptocurrency exchange.

During the today’s CNBC’s talk-show, Squawk Box, Adena Friedman declared that “certainly Nasdaq would consider becoming a crypto exchange over time” but also admitted that a more regulated cryptocurrencies market is necessary to bring in more investors.

Cryptocurrencies market are seen as the next normal step towards cryptocurrencies market complete maturation

As Adena Friedman said that cryptos need well-established regulations, so did other leaders of important trading companies, financial institutions, and central banks. Accordingly, many financial leaders consider that cryptocurrencies regulations are meant to improve the crypto market and bring more stability, facts which might bring more investors.

Besides, regulating cryptos will bring financial institutions and governments in a position of a slight control over this market, a fact that thrills them but which makes the crypto traders and holders from within the cryptocurrencies market fear the possible collapse of the crypto coins values against fiat currencies.

Until Nasdaq will become a cryptocurrency exchange itself, it supports the existing ones

“I believe that digital currencies will continue to persist it’s just a matter of how long it will take for that space to mature,” said Adena Friedman.

Today, Nasdaq has stated that it started a collaboration with the cryptocurrency exchange Gemini, owned by Winklevosses twins, which grants Gemini access surveillance technology of Nasdaq in order to make sure they provide reliable and well-regulated exchange platform.

Adena Friedman also explained that with ICOs, the situation is not as easy as it is in the case of cryptocurrencies market. She said that “ICOs need to be regulated and the SEC is right that those are securities and need to be regulated as such.”

In short, it would be a significant gain for the whole cryptocurrencies market if, indeed, Nasdaq would become a cryptocurrency exchange. However, the Nasdaq’s CEO speech on CNBC represents a very positive news for the crypto market, which has proven, once again, that will be a future reliable and stable market.

Anna Galvez