Blockchain
DIFX Partners with Crypto Oasis to Further Establish Its Foothold in the Competitive Global Crypto Market
Digital Financial Exchange (DIFX), an EU-regulated crypto exchange, marks a major milestone in its Blockchain journey by partnering with Crypto Oasis, the world’s fastest-growing crypto ecosystem. With the support of Crypto Oasis’ world-class talent and infrastructure, DIFX will cement its place as the leading cross-asset trading platform in the global crypto market. Their exchange connects individuals, prime brokers, and corporations and provides simple, effective, and secure payment and trading solutions across borders.
This alliance is a key step for DIFX, as they aim to boost the global adoption of Blockchain and Cryptocurrencies. It also aligns with DIFX’s expansion journey into various crypto hotspots across Africa, Asia, and Europe.
Furthermore, with its optimized application of Blockchain technology, DIFX makes digital assets accessible to newcomers and seasoned Blockchain enthusiasts alike. It is a secure, inclusive, reliable, and easy-to-use platform that takes customer experience to another level. With DIFX, users have access to a fully-insured crypto wallet that ensures their funds are secure at all times against thefts, hacks, or malpractices. Additionally, DIFX stands out with its novel Nomination Program that lets users nominate their family and friends as beneficiaries through a Blockchain-based asset transference system. With this program, users can nominate up to 5 members, in differing percentages to receive their DIFX wallet funds upon their demise. Thereby securing their digital wealth for their future generations. These unique features help in DIFX’s mission to improve mass Blockchain adoption and establish a new financial order where people can maintain multi-asset portfolios and seamlessly trade, invest and hold different asset classes. Crypto Oasis will support DIFX’s efforts as they work towards growing their user base to over 5 million by the end of 2023.
What It Means
Ralf Glabischnig, Founder of Crypto Oasis mentioned that the partnership with DIFX is in line with Crypto Oasis’ mission to become the world’s leading Blockchain ecosystem and added: “We are excited to have DIFX onboard to help them embrace opportunities that can transform the crypto space with their vision and technology. Their focus on growth as a trading ecosystem and building a global business matches our mindset”.
As a member of the Crypto Oasis Ecosystem, DIFX will be able to interact with other industry members and expand its presence in the global crypto market. More importantly, it will also benefit from an ecosystem approach with sister entities in the decentralized exchange and NFT space.
Jeetu Kataria, the CEO, and Co-Founder of DIFX considers this partnership a significant step that lines up with DIFX’s plans to become a fully secure, safe, and regulated trading environment for crypto users.
He said, “Crypto Oasis has granted us an opportunity to collaborate with like-minded industry experts and become a leading member of the crypto community and its journey to mass adoption.”
He further explained: “With many resources available, those who are willing to put in extra effort and immerse themselves in the situation at hand will prevail, thus paving the way for mass adoption to become a reality.”
Blockchain
Adapt or Die: The Urgent Shift from VASP to MiCA
The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
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