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Binance has launched a new fiat-to-crypto exchange on the island of Jersey, a British self-governing dependency.
Through the new exchange, users will be able to trade Bitcoin and Ethereum against the British Pound and the Euro.
Register here: https://www.binance.je/?ref=35021938
“Binance selected Jersey for its highly developed digital infrastructure, robust regulatory framework, and world-class financial services sector,”
the exchange’s chief financial officer, Wei Zhou, told CoinDesk.
He further clarified that Binance Jersey is an independent entity from its parent, a crypto-to-crypto exchange, but is built using the same technology.
Binance Jersey is
“hiring and will continue to hire”
staff for different functions, including compliance, Wei said.
The exchange has been working with government-backed economic development agency Digital Jersey to develop the exchange, with the aim being to create around 40 jobs on the island.
Binance first partnered with the agency in June 2018. Changpeng Zhao, Binance CEO had said at the time,
“With its local economy based on a major currency (GBP), and its close proximity to the U.K. and western Europe, we are confident the cooperation with Jersey will not only benefit the local economy, but also form a strong operational foundation for our expansion into the rest of Europe.”
Major cryptocurrency exchange Binance is expanding to European markets with the launch of a new platform for fiat-to-cryptocurrency trading, according to a press release shared with Cointelegraph on Jan. 16.
According to the release, Binance is launching a new trading platform, dubbed Binance Jersey, designed for fiat-to-crypto trading of the euro (EUR) and British pound (GBP) with Bitcoin (BTC) and Ethereum (ETH) within Europe and the United Kingdom.
Trading on Binance Jersey — including such pairs as BTC/GBP, ETH/GBP, BTC/EUR and ETH/EUR — will become available for the exchange’s users after account verification in accordance with the Know Your Customer (KYC) process.
In the press release, Binance highlighted that an expansion into the European markets could provide “freedom from looming Brexit uncertainty where the pound and euro are also in concern.”
Back in June, Binance had signed a memorandum of understanding with an independent organization that represents Jersey’s digital industries, Digital Jersey.
The collaboration is set to deliver training as part of the organization’s digital skills program with the purpose of promoting the blockchain industry in Jersey, as well as support Binance in discussions about compliance with anti-money laundering regulations.
Prior to that, Binance added Circle’s USD-pegged stablecoin USD Coin as a quote asset for several new trading pairs in its combined Stablecoin Market (USDⓈ), including native exchange token Binance Coin (BNB/USDC), Bitcoin (BTC/USDC), Ethereum (ETH/USDC), Ripple (XRP/USDC), EOS (EOS/USDC) and Stellar (XLM/USDC). In addition, Binance also added a USDC trading pair with fellow stablecoin Tether.
Yesterday, Belarus launched a trading platform that allows users to buy tokenized versions of shares of gold and other traditional assets, reportedly receiving 2,000 registration applications within the first two hours of its launch.
By: Patrick Conlin
As the calendar moves forward into the new year investors and enthusiast alike continue to speculate on when the market will turn again, and in which direction. Has Bitcoin reached its floor for 2019 stabilizing around 3,500 or could waning interest and stagnant investment cause market cap to sink below 100 billion dollars? Fluctuations day to day on CoinMarketCap range from 8-12 billion in gains or losses with respect to global market cap, continuing the trends in overall volatility. Despite a daily trading volume that has remained fairly consistent I believe the largest indicator for consumer confidence and potential growth within this bear market is BTC dominance. As long as BTC dominance continues above 50% then the alt-coins will continue to suffer and so too will overall market health. A still greater impediment to innovation and market success is the continued lack of regulatory clarity.
The SEC crackdown against fraudulent ICO’s was a reaction to speculative market conditions of FOMO and overvaluations of projects that lacked necessary infrastructure. Continuing to regard a new emerging digital asset class under the same purview of securities laws beholden to the Howey test is a mistake that will stifle innovation and drive competition overseas to more favorable less regulated countries, instead of cultivating a vibrant technological industry within the United States. Despite federal district courts adjudicating differing opinions our Congressional representatives are beginning to take notice. On December 20, 2018 Representatives Warren Davidson R Ohio and Darren Soto D Florida introduced a bipartisan bill called H.R. 7356 the “Token Taxonomy Act” which seeks to amend digital currencies from the old definition of the Securities Act of 1933 by adding the definition of a digital token.
The term digital token means a digital unit that—
(i)in response to the verification or collection of proposed transactions;
(ii)pursuant to rules for the digital unit’s creation and supply that cannot be altered by a single person or group of persons under common control; or
(iii)as an initial allocation of digital units that will otherwise be created in accordance with clause (i) or (ii);
(B)has a transaction history that—
(i)is recorded in a distributed, digital ledger or digital data structure in which consensus is achieved through a mathematically verifiable process; and
(ii)after consensus is reached, cannot be materially altered by a single person or group of persons under common control;
(C)is capable of being traded or transferred between persons without an intermediate custodian; and
(D)is not a representation of a financial interest in a company, including an ownership or debt interest or revenue share. (https://www.govtrack.us/congress/bills/115/hr7356/text)
Unfortunately, as with any bill introduced into a lame duck session of Congress, this is largely viewed as symbolic as it would be up to the new democratic majority and house speaker Pelosi to allow the bill a vote on the floor.
Which brings us to the current stalemate within our political processes and why I’m skeptical of any concrete regulatory reform this year. The longest government shutdown in American history continues unabated with no conceivable end in sight as our President and a newly elected democratic house majority rhetorically jab over the efficiency of a wall. Meanwhile, investors await clarity following a SEC decision in September to delay a Bitcoin ETF application from the Winklevoss twins as well as a CFTC application from Bakkt. Bakkt’s ambition is to create the first federally regulated exchange for trading and warehousing bitcoin (Tully Fortune.com). It’s majority investor is the NYSE owner Intercontinental Exchange or ICE. ICE owns some of the worlds largest commodities exchanges outside of their U.S holding’s including ICE futures Europe and Singapore. With the absence of congressional legislation addressing a new digital asset class the oversight battle will largely continue through conflicting rulings in district federal courts embroiling executive agencies which compete for its oversight. This lack of regulatory clarity may continue bear market trends well into 2019.
YONGKANG DAQI INDUSTRY AND TRADE CO., LTD is located in the city of hardware- YongKang city Zhejiang province, with 5000 square meters building area. We are manufacture and trade of spray equipment , wall tools and other power tools more than 15years.
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Located in Leping town,Foshan city,covering an area of 117,000 square meters,Foshan Tonghe Medical Technology Co.,LTD,approved by Guangdong Food and Drug Administration,is a professional manufacture of wheelchairs,hospital beds,commode chairs,bath chairs,rollators,walking aids and other rehabilitation devices.
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Name Plastic zipper bag/ Protein Powder Packaging Bags
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Port of loading Qingdao port,China
Packing Generally Carton, Pallet. (According to the customers’ requirements)
Production Process 1. Artwork adjusting
2. Plate making
6. Making bag
8. Lab report
Note 1). Our quotation is made according to customer’s detailed request, so it will be highly appreciated if customer can supply us the shape of bag, size, material, thickness or some other special request so that we can quote you very exactly. Or we can give our suggestions for the material for customer reference.
2). All bag pictures are for customer reference and sample is available.
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4). The bag pictures relevant to our products have been provided for reference only. We don’t have any intellectual property rights over the trademarks on display. wholesale Powder Packaging Pouch
Shenzhen Pingdi AOLQ Bathroom Supply Co., Ltd is one of the leading professional health care products manufacturer in China, established in 2002. We started from cleaning products like hand soaps, urinal screens and after years progressive development under the concerted efforts of AOLQ’s personnel, a comprehensive range of products provided: Automatic & manual Soap Dispenser (both plastic and ss), Automatic & Manual paper Dispenser (both plastic and ss), Hand Dryers, Hair &Skin Dryers, Air Freshener Dispenser, Dustbins, Umbrella Rack and relevant hotel articles. 2 structure patents and 5 product design patents have been acquired along the way.
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Versatile products ranges, sophisticated R & D, efficient production and quality services, AOLQ is here to provide professional solutions for you.China Wall Mounted Soap And Lotion Dispenser factory
Wuxi Tefa Decoration Material Co., Ltd. is a professional PVC plastic floor supplier, which integrates R& D, sales, installation and after- sales service.
Our products include PVC sports floor, commercial floor rolls and tiles, vinyl click floor, safety floor, anti static floor and other accessories. All the products are produced with high quality and recyclable new materials to ensure health, environmental protection. It has obtained international ISO9001, ISO14001, EN14904, CE, OHSAS18001, and BWF certificate.
In addition, the company also pays special attention to product iterative upgrading and production technology innovation, and has strong R&D and production capacity. It can not only meet the needs of most users, but also customize the way of production to provide quality solutions for customers with special requirements.
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Condenser High Current Transformer Bushing is a dry type bushing, mainly applicable for the connection between transformer and enclosed busbar, which can be installed horizontally, vertically or in any angles.
This dry type condenser high current transformer bushing can be produced by RIP (resin impregnated paper) process and RIF (resin impregnated fiberglass) process.
Product style: EBR or ETHD
Rated current: 6300~40000A
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By several years of rich experience, the professionalism of excellence, advanced management concept, scientific development research, strict quality management and excellent customer service, Ningbo Rainbow Control Technology Co., Ltd is the confidence and guarantee of your career.
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Our company has staff with several decades of experience in this field, so that the problems of products from the processing to the finished product can be solved very well, greatly improving the machine stability and durability Transverse Robot manufacturers