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IronX crypto exchange receives full regulatory approval in Estonia

Friday, September 21, 2018

Laxman Pai, Opalesque Asia:

IronX, a new Crypto Exchange joint venture between global online broker IronFX Group and EmurgoHK, creator of the Cardano blockchain, has been awarded full regulatory licence approval by the Estonian Financial Intelligence Unit (FIU).

The firm is now one of the first exchanges in the whole of Europe to achieve such feat. The licensed was received a month earlier than expected.

The new license allows IronX to operate as a fully regulated exchange for the buying and selling of cryptocurrencies, as part of their drive to set the industry standard and one of the first in Europe to seek and receive this level of approval.

The license also allows it to operate as a provider of a virtual currency wallet service.

Founder & Chairman of IronFX Group, Markos A Kashiouris, says: "We have brought all our years of experience in regulated online derivative and commodity trading to create this new seamless trading platform for our customers."

He adds: "Being awarded regulatory approval, which was one of our key milestones in our whitepaper, means we now stand apart from many of our competitors in the sector, allowing investors, both private and institutional, to trade cryptocurrencies, within in same protected environment as they would trade forex, commodities, equities and other long-established tradable assets."

The beta version of the IronX Exchange is scheduled to go live by the end of September 2018 with a priority opening for ......................

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