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OKX Showcases Commitment to the Bahamas at D3 FinTech Festival

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  • OKX Chief Innovation Officer Jason Lau exclusive interview: “The Future of Digital Asset Exchanges”
  • OKX Chief Global Government Relations Officer Tim Byun speaking panel: “Trust and cooperation: how should the innovator-regulator relationship work?”
  • OKX Head of Compliance Bahamas Ianthe Tynes speaking panel: “A Caribbean Web3 Future”

NASSAU, Bahamas, Oct. 12, 2023 /PRNewswire/ — OKX, a world-leading Web3 technology company, underscored its dedication to the Bahamas as an emerging hub for digital assets during the recent D3 Bahamas FinTech Festival.  Through a series of speaking engagements, OKX executives highlighted the country’s forward-thinking regulatory environment and support of technology innovation.

In an exclusive interview, OKX Chief Innovation Officer Jason Lau discussed the evolving landscape for cryptocurrency exchanges and insights into the future of digital assets. Lau emphasized the Bahamas’ proactive approach to crypto regulation.

Jason stated: “With close to a decade in crypto, OKX is focused on building a trusted, scalable, and accessible platform for the long term. Despite recent industry events, it’s essential to highlight all the technological improvements and regulatory progress as the industry works to restore confidence and deliver new use cases for Web3.”

During a panel on regulation, OKX Chief Global Government Relations Officer Tim Byun noted the Bahamas Securities Commission’s goals of supporting innovation while upholding market integrity.

Tim said: “Progress stems from both the private sector and forward-thinking regulatory bodies like the SCB and VARA in The Bahamas. Building strong professional relationships is the most effective channel for long-term collaboration between innovators and regulators. Striking the right balance of collaboration and oversight nurtures sound, sustainable growth for the future and facilitates main street adoption.

Ianthe Tynes, OKX Head of Compliance in the Bahamas, spoke on a panel exploring the Caribbean’s Web3 potential. Tynes highlighted how decentralized solutions drive financial inclusion, empower creatives and catalyze the future for crypto-friendly commercial institutions. 

Ianthe noted: “I believe that the DARE Act is a great example that strikes the optimal balance between compliance and innovation. We’re proud to see the Bahamas foster an environment where digital asset companies can grow sustainably while prioritizing consumer protection and anti-money laundering standards.”

OKX’s involvement in the conference underscores its positive outlook and deep commitment to the Bahamas as a jurisdiction. The company continues its collaboration with Bahamian authorities to contribute to the growth of a thriving digital asset ecosystem in the Bahamas.

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens. OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Please consult your legal/tax/investment professional for questions about your specific circumstances.

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Blockchain Press Releases

Bitget To List Carbon Browser (CSIX) in Spot Market and Innovation Zone

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VICTORIA, Seychelles, Dec. 1, 2023 /PRNewswire/ — Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the listing of CSIX, the native token of Carbon Browser – one of the fastest WEB3 browsers. The WEB3 browser token CSIX will be listed on Innovation Zone and Web3 Zone to expand Bitget’s spot trading spectrum, offering its users access to emerging and community-driven digital assets.

Carbon Browser is an open-source, fast, private and secure Web3 browser developed by Carbon Browser X Labs. Launched in 2016 the product is developed on a customized version of Chromium, offering faster web browsing and better user security protection. Users can utilise their privacy-first features such as protection against ad-tracking, and higher performance with fast page loading, along with access to built-in crypto wallet and more. The browser has been designed to be user-friendly and accessible even to crypto beginners.

Carbon Browser is working on delivering an extensive WEB3 browser experience with integrated wallet, ability to store cryptocurrencies, swap and bridge functionalities. This includes Web3 applications such as crypto exchanges, NFT marketplaces, dApps, as well as Web2 applications such as ChatGPT.

“In the quest of providing easy access to high potential crypto ecosystems, we’re focused on listing projects with real-world use cases. In this era of intense computer usage, browsers that give better output and performance will accelerate web3’s adoption. With these types of listings, we provide a broader range of use cases for emerging tokens in Bitget’s ecosystem,” said Gracy Chen, Managing Director at Bitget.

Deposits for CSIX tokens are open now and trading in the spot market of the platform will be available from 11:00 December 4 (UTC). Upon listing, users can trade CSIX with 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. To buy trending and newly listed tokens such as CSIX users can use debit/credit cards, bank transfers and other multi-currency payment methods.  For more information on trading CSIX, please visit the official announcement.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. 

For more information, visit: Website  |  Twitter  |  Telegram  |  LinkedIn  | Discord | Bitget Wallet 

View original content:https://www.prnewswire.co.uk/news-releases/bitget-to-list-carbon-browser-csix-in-spot-market-and-innovation-zone-302003790.html

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Blockchain Press Releases

Institutions Have Doubled their Bitcoin Allocations this Year, New Bybit Report Shows

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DUBAI, UAE, Dec. 1, 2023 /PRNewswire/ — Bybit, the world’s third-largest crypto exchange by volume, has released new research offering analysis of how traders adapt their strategies in fluctuating market conditions. “Navigating Bull and Bear Markets — A Dive Into Asset Allocation,” uses Bybit’s proprietary data and is the first initiated by a crypto exchange.

The report provides a detailed examination of asset allocation strategies employed by different cohorts — institutions, VIPs, and retail traders — especially in the volatile market environment since December 2022.

Key findings include:

  • Institutional Investors: Predominantly holding 45% in stablecoins, 35% in Bitcoin, and 15% in Ether, institutions emphasize liquidity and strategic diversification. Notably, their Bitcoin holdings nearly doubled in the first three quarters of 2023.
  • Ether Trends: A decline in institutional interest in Ether has been noted, although upcoming market developments, like the rumored BlackRock spot Ether ETF, could shift the trend.
  • Retail Trader Behavior: Retail traders are observed to hold more stablecoins, suggesting a more cautious allocation to riskier assets compared to traditional finance norms.
  • Altcoin Investments: Both retail and VIP traders show higher altcoin holdings than institutional investors, although these remain a minor part of total portfolios, indicating caution, perhaps due to a hangover from the recent bear market.

“This report is a testament to Bybit’s commitment to empowering our users with actionable insights,” said Ben Zhou, co-founder and CEO. “Understanding how different market participants navigate the complexities of bull and bear markets is crucial. We believe this research will not only enlighten our traders but also contribute to the broader crypto community’s understanding of market dynamics.”

Read the full report here.

#Bybit / #TheCryptoArk

About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X (Twitter) | Youtube

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Blockchain Press Releases

Set Sail on a Crypto Voyage: Bybit Announces ByBUIDLERs Cruise Contest to Dubai in Partnership with Sea Summit

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DUBAI, UAE, Dec. 1, 2023 /PRNewswire/ — Bybit, the world’s third-largest crypto exchange by volume, is excited to announce the ByBUIDLERs Cruise Contest, an extraordinary opportunity for crypto enthusiasts in India. This contest offers a chance to win a luxurious 10-day cruise from Mumbai to Dubai, coupled with an exciting Sea Summit experience and a visit to Bybit’s Dubai office.

Introducing ByBUIDLERs

ByBUIDLERs is Bybit’s initiative that combines grassroots enthusiasm with the thrilling world of cryptocurrency. Designed for crypto aficionados, the program invites participants to engage with the community, create compelling content, and contribute to Bybit’s growth and outreach.

Participation Steps

  • Enlist as a ByBUIDLER: To join, provide your name, email, and social media profile link. Express in 100 words your excitement about becoming a ByBUIDLER via our Google form.
  • Take the Bybit 5th Anniversary Personality Quiz: Complete the personality quiz and share your results on social media, highlighting how your personality influences your crypto journey.
  • Participants must post their entries before December 6th, tagging @Bybit and @TheSeaSummit, using the hashtags #ByBUIDLERcruisetrip and #High5Bybit.

Rewards

The top five most creative ByBUIDLERs, judged by their engagement and creativity, will embark on the Sea Summit 10-day luxury cruise, setting sail from Mumbai to Dubai. The cruise is also a crypto summit where winners will meet leaders in crypto, participate in educational events, and attend themed party nights.

#Bybit / #TheCryptoArk

About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For media inquiries, please contact: [email protected]

For more information please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X (Twitter) | Youtube

Bybit Logo

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