Launches Exchange for Bitcoin and Ethereum
crypto by launching exchanges for Bitcoin (BTC) and Ethereum (ETH) in the near future. Grupo XP Chief Executive Officer Guilherme Benchimol told Bloomberg that the company would launch an exchange called XDEX in the coming months, with about forty employees. Grupo XP is the largest financial group in Brazil, consisting of companies with various business models. Initially, Grupo XP announced its plan to launch the BTC over-meeting (OTC) exchange in April. This step was reported as the first for XP, which first registered the clothing called XP COIN INTERMEDIACAO in August 2017. Later that year, after an injection of 5 million real capital (about $ 1.5 million), the company was renamed XDEX. Earlier this week, Brazil's Administrative Council for Economic Defense (CADE) launched an investigation into six major national banks regarding alleged monopoly practices in crypto space. As per CADE reports, "major banks impose restrictions or even prohibit access to the financial system by cryptocurrency brokers." Banks are reported to claim that brokerage accounts are closed due to absence or lack of client data. that's what I can make. thank you
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