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Tag Archives: Expansion

OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin America

Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina. Already active in 110 countries and 21 U.S. states, OKCoin USA CEO Tim Byun told Bitcoin Magazine that he is not worried about market volatility as ...

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XRP Price Retakes $0.45 Amid Ripple’s Dubai Expansion

Now that nearly all of the top cryptocurrencies are in the green again, traders and speculators breathe a sigh of relief. That is only normal, even though the overall bearish pressure has not officially relented just yet. In the case of XRP, the current momentum seems promising, as $0.45 has been reached once again. XRP Price Momentum Improves Again It ...

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Bitstamp Is Looking Towards ‘Global Expansion’ After Being Acquired by South Korean Investors

On October 29, the cryptocurrency exchange, Bitstamp, was acquired by Belgium-based investment firm NXMH, which in turn, is owned by South Korean media conglomerate NXC Corp. The Luxembourg-registered exchange is now controlled by the same company that bought the majority stake in the South Korean crypto exchange, Korbit, last year, while its CEO remains in office to continue with Bitstamp’s ...

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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services

Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience. This expansion will add to its offerings in 46 states of the United States, something that required “quite a bit of work,” according to CEO Zac Prince “There were a few ...

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Crypto Exchange Huobi Eyes Expansion in Middle East, South Asia, and Africa

Singapore-based crypto exchange, Huobi, will be launching a subsidiary called Huobi Mena in Dubai. The new center will become a regional headquarters as Huobi goes on to its expansion drive in the Middle East, Africa, and South Asia according to a recent blog post. The blockchain ecosystem, according to Huobi Mena co-founder Mohit Davar, will include services catered for both ...

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Gov’t-Owned Holding Company Subsidiary Invests in Binance’s Singapore Expansion

Vertex Ventures has announced an investment in the largest cryptocurrency exchange Binance to facilitate its expansion into Singapore, according to a press release shared with Cointelegraph Oct. 23. Vertex Ventures is a subsidiary of Singapore-based government-owned investment company Temasek Holdings, which manages $223 billion in assets. The company was founded in 2015 as a global network of operator-investors, who manage ...

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NEM Price Surpasses $0.1 Following Expansion Into Australia

This week is already off to a good start for a few alternative cryptocurrencies. While most people have kept tabs on the top altcoins and some lower-cap altcoins, this week may very well be all about NEM. Its value has risen above $0.1 again, and it seems the trend is only gathering more momentum as time progresses. NEM Price Makes ...

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Maracay, Venezuela is Newest City to See Dash Expansion

Dash Maracay recently held “The Evolution of Digital Money” conference in Maracay, Venezuela for around 200 people. The event was organized by Dash Maracay with the support of Dash Venezuela, whom has hosted numerous Dash conferences in Caracas, Venezuela. Eugenia Alcalá, founder of Dash Venezuela, said at the event how important cryptocurrencies are, especially Dash, to help solve the economic ...

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Ripple Eyes Mainstream Expansion as Swell Event Goes Live Today

Some of the world’s leading experts on finance, technology, and even politics, are flying to San Francisco today to attend a two-day blockchain event hosted by Ripple. A Swell Lineup Expected Swell, organized by Ripple Labs, will see attendance on stage from former US president Bill Clinton and veterans from payment and technology sector, including Banco Santander, IMF, Alitheia Capital, InstaReM, Siam Commercial Bank, ...

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Winklevoss-Led Cryptocurrency Exchange Gemini Eyes UK Expansion

Gemini, the U.S. cryptocurrency exchange founded by bitcoin billionaires Cameron and Tyler Winklevoss, is rumored to be eyeing an expansion into the United Kingdom. Gemini Plots Transatlantic Expansion Citing two sources close to the process, the Financial Times reports that the New York-based exchange operator has hired advisors regarding a move into Britain and may soon submit an application to ...

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