Digital Assets Exchange

Later on this year, Thailand's Stock Exchange, SET, plans to set up a digital asset trading platform that won't involve cryptocurrency trading. The forum will allow both individual and institutional trading of every type of digital token, except crypto. According to SET, the reason behind the removal of cryptocurrency is the uncertainty of how to curb money laundering. SET previously announced that the exchange will use blockchain technology for payment services. The technology will be provided by Kasikorn Business-Technology Group,…

Diginex (EQOS), the Hong Kong-based digital assets group, has entered into definitive agreements with particular institutional investors to scale up aggregate gross proceeds of about $38.6 million via the private placement of its equity securities. Diginex will trade an aggregate of 2,571,669 of its ordinary shares together with warrants to acquire up to a total of 2,571,669 ordinary shares at $15.00 per share and accompanying warrant. The contracts should take effect straight away with a term of three years and…

OKCoin is currently leading in digital asset exchange, and it operates in about 184 countries. OKCoin, on March 6th, announced the appointment of Tim Byun as OKGroup's GGRO (Global Government Relations Officer).  In similar changes, Hong Fang, OKGroup's current company chairman, was announced as the CEO, changes that will take effect on March 31st, 2020.  Mr. Byun's role in the creation of OKCoin, especially in the US, was excellent, with him propelling the company to launch its first US office.…