Bitfinex, 5th Largest Cryptocurrency Exchange, Seeks to Move to Switzerland
Bitfinex, 5th Largest Cryptocurrency Exchange, Seeks to Move to Switzerland
Bitfinex, the British virgin islands based crypto exchange, which is the fifth largest crypto trading platform in the world, intends to relocate to Zug, Switzerland.
CEO of Bitfinex, Jean Louis van der Velde, confirmed that the exchanges plans to move within the Swiss business newspaper Handelszeitung Tuesday. Jean Louis states “We are looking for a new home for Bitfinex and the parent company iFinex, where we want to merge the operations previously spread over several locations".
Switzerland settlement experts who are familiar with the matter state that Bitfinex will be incorporated as a public limited company. It will therefore spun off from the previous parent company, iFinex.
“The exchanges also considering London as a possible alternative, however Switzerland is at the very top of the list”, states Jean Louis within the Handelszeitung newspaper. “The exchange is ready to work with Switzerland regulators to comply and want to be the most .....read the full story here
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Check this game out, look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game has passed the crypto kitties game on the Dapp Radar. The smart contract is coded to tax 10% of the ETH. when users purchase the (P)roof (O)f (W)eak (H)ands tokens and divides the ETH. tax to people who are already holding and also 10% of when users sell “20% total”. The name of the game is to hold as long as you can while you get earnings from the constantly taxed “Strong hand” buys and the taxed “weak hand” sells. If you don’t want to play anymore, you can pull out all your earnings all at once but with a 10% tax fee that gets divided to the stronger hands. This is what the ERC-20 smart contract is programed to do. Doesn’t hurt to look at the contracts open source code at least, don’t let the opportunity pass you by.
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