The B2B cryptocurrency exchange announced on November 12 that it has received a license from the Estonian Financial Intelligence Unit (FIU) to operate digital currency trading as a fully regulated exchange.
The license ensures that the B2BX exchange will meet strict KYC and AML compliance requirements. This provides users with increased transparency and significant financial benefits, such as increased daily cash deposit and withdrawal limits, as well as exchange and fiat conversion services, through bank transfers and through all major payment service providers.
B2BX Exchange is a subsidiary of B2Broker Group, an exchange aggregator and liquidity provider for the cryptocurrency and stock markets. It offers a full-featured trading platform to support all users, from individual investors to financial institutions.
The B2BX exchange focuses exclusively on liquid coins and provides clients with the opportunity to trade all major cryptocurrencies, including Bitcoin, Ethereum, Ripple, NEM, Litecoin, NEO, Monero and Dash. The exchange also last month admitted four stablecoins to the listing, namely TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD) and Paxos Standard Token (PAX).
Currently, the exchange only offers cryptocurrency pairs, but fiat trading will soon be available as the B2BX exchange plans to expand its services with additional regulatory approval from other recognized jurisdictions.
According to blokt.com
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