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Ex-Mt. Gox CEO Karpeles Launches EllipX in Europe
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The new exchange in Poland aims to set industry standards with a focus on transparency and user-friendliness.
Karpeles, the CTO of EllipX, aims to set a new transparency benchmark in the crypto sector.
Karpeles Aims for Transparency with New Exchange EllipX
EllipX represents a significant development in Karpeles’ career. Following the high-profile collapse of Mt. Gox, which was once the world’s largest Bitcoin exchange. Drawing from his experiences, Karpeles has designed EllipX with a structure akin to that of the New York Stock Exchange. But, tailored specifically for the cryptocurrency market.
This structure is intended to enhance the platform’s reliability and professionalism. It will offer users a more robust and secure trading environment.
Source: X
Karpeles emphasized that his new exchange will prioritize transparency as a core value. He expressed hope that EllipX’s approach could become the industry standard, setting a new precedent for how crypto exchanges operate. By adhering to high standards of transparency, EllipX aims to build trust and confidence among users.
He noted that Poland’s regulatory environment and infrastructure make it a suitable location for launching the new exchange. The platform is also working diligently to ensure compliance with the MiCA regulation, which seeks to establish a comprehensive regulatory framework for digital assets across Europe.
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September 4, 2024 at 08:40AM
September 4, 2024 at 08:46AM
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