14/12/18 07:00 UTC-4

Monex Group, a Japanese firm, launches a crypto-exchange in the USA

Monex Group launches US stock-exchange
Monex Group launches US stock-exchange

Monex Group, a large Japanese financial services company and a subsidiary of the cryptocurrencies exchange of Coincheck, announced their plan to launch cryptocurrencies in the US next quarter.


Coincheck in the USA

Monex Group, listed on the Tokyo Stock-Exchange, held a business strategy briefing on Wednesday to map out an expansion plan in the United States through its Tradestation subsidiary. Tradestation, wholly owned by the United States, offers online-brokerage services for individuals and legal entities.

Oki Matsumoto, CEO of Monex, said at a briefing that Tradestation "plans to offer virtual currency transactions in the first quarter of 2019."

John Bartleman, CEO of Tradestation, quotes the Coin Post: "For the development of a cryptocurrency business, we are preparing a virtual currency access service in the United States, the Monex Group will launch the exchange in the first few months of 2019."

The new American exchange will feature the five largest cryptocurrencies, but the actual list is not yet complete. In addition, the company is in the process of acquiring money transfer licenses in all US states. Last December, Tradestation began offering Bitcoin futures on the Cboe exchange.


Editor: Pereyidenko Ihor

See also: "UAE Exchange announced the cooperation with the Ripple crypto-company"

#Japan #Monex Group #exchange #crypto-exchange #USA



Hypes, funds, fiat money