RATE Group | New Fully Regulated Cryptocurrency Exchange Launches
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New Fully Regulated Cryptocurrency Exchange Launches

New Fully Regulated Cryptocurrency Exchange Launches

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Luka Gubo explains how the regulated crypto exchange will workBlocktrade.com

The first regulated exchange for cryptocurrencies has opened for beta testing. Blocktrade.com is regulated under the MiFID II framework, approved by the Financial Markets Authority, a member of ESMA (European Securities and Markets Authority).

Blocktrade.com’s exchange platform will trade Bitcoin (BTC), Ethereal (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and Ripple (XRP). Crypto Traded Indices™, Security Tokens, and Tokenised Assets will be gradually added later in 2018. Blocktrade.com’s exchange is now open for registration and is expected to roll out fully in September.

“This is an ideal way for regulators across Europe to recognize cryptocurrencies as a new asset class and put in a regulatory framework,” said Luka Gubo, CEO of Blocktrade.com.

There are over 1500 digital currencies registered at over 170 crypto exchanges. Over 60 trades per minute take place at the…

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