BITCOIN AND CRYPTO
Okcoin | March 24, 2022
Okcoin, one of the world's largest and fastest-growing cryptocurrency platforms, today announced a partnership with PrimeXM, a leading provider of low-latency connectivity, aggregation, and B2B trading technology. With the integration of PrimeXM's XCore technology, Okcoin is the first cryptocurrency exchange to become a liquidity provider in the XCore community, a global marketplace of 250+ institutional maker and taker firms that transact on average more than $55 billion per day in foreign exchange (FX), spot metals, contract for differences (CFDs), futures, stocks, and exchange-traded funds (ETFs).
Okcoin can now roll out hundreds of B2B/FIX API connections to financial institutions, giving standardized access to trade in digital assets to more brokers, hedge funds, family offices, proprietary trading desks, and e-trading platforms. Members of the PrimeXM XCore community—which include CMC Markets, FXCM, Swissquote, and UOB Kay Hian, among other leaders—have the freedom to choose their trading counterparties in a cost-efficient manner. Okcoin will offer 24/7 connectivity and access to crypto investing and trading with a seamless experience for institutions using their existing technology stack.
We're pleased to team up with PrimeXM to make crypto more accessible, The demand among institutions for crypto solutions is at an all-time high, making the integration of XCore a natural step for us to take. We look forward to bridging the gap between institutional trading and digital assets as part of the XCore community."
Khairi Azmi, Okcoin General Manager for Singapore and Head of Sales for Asia.
We are excited to welcome Okcoin as a crypto exchange liquidity provider into our growing XCore trading community, enabling them to service their institutional clients with our technology, We look forward to working with the Okcoin team to establish new 'win-win' opportunities while connecting the booming digital assets market with traditional financial and e-trading platforms."
Sam Su, PrimeXM Business Development Manager for Asia.
Okcoin is a regulated crypto exchange made up of both the central limit order book system and OTC, supported by market participants from institutions and retail partners globally. Known for its low fees and transparent price discovery, Okcoin's platform offers segregated wallets/subaccounts, leverage, post trade settlement, and an unparalleled depth of crypto liquidity for institutions to complete their crypto purchases and trades.
Founded in 2013, Okcoin is a US-headquartered cryptocurrency exchange serving 190+ countries and territories. The platform enables retail and institutional investors to purchase 50+ digital assets using local currencies, with a mission to make crypto easy for everyone including first-time buyers. Okcoin was the first centralized exchange to offer direct entry into decentralized finance (DeFi) with Earn, a tool for earning APY through decentralized lending, liquidity pools, staking, and more. In addition, Okcoin offers institutional trading tools and APIs to asset managers, venture capital and hedge funds, retail brokers, payment processors, and more.
PrimeXM is an award-winning technology and connectivity provider to the global financial industry. Founded in 2010, PrimeXM's key business focus is providing cutting edge XCore technology which is a powerful aggregation pricing and trading engine, OMS, real-time Risk management, Monitoring and Reporting system with full front to back margin and trading capabilities. The XCore e-trading platform is also a powerful B2B/FIX API engine supporting high-end MT4/MT5 bridging technology and it is integrated with hundreds of other 3rd party maker & taker OMS/EMS systems.
BITCOIN AND CRYPTO
Ledgible | March 09, 2022
Ledgible, the leading professional-first platform for tax and accounting of crypto assets, announced the availability of Ledgible Crypto Platform for tax professionals to assist clients with an estimate of crypto obligations in order to file a IRS tax extension. The crypto tax estimates are for tax planning and extension filing purposes. This year most of the estimated 50 million crypto holders understand the potential tax consequences surrounding crypto presenting a challenge to tax professionals as traditional tax packages cannot accurately account for all crypto transactions.
Tools like Ledgible Crypto make it easy for tax professionals to connect their client's exchange accounts and wallets to identify taxable transactions, calculate the correct tax gain/loss, and import the results directly into traditional tax packages, For those who need a bit more time, we are offering the ability to estimate crypto taxes in order to file an extension of taxes due with the IRS."
Kell Canty, CEO of Ledgible.
The Ledgible Platform supports a wide range of integrations across major blockchains, cryptocurrency exchanges, and wallets. As the bridge between cryptoassets and traditional financial accounting, the Ledgible Crypto Platform is the integrated crypto tax tool for tax professionals. The Platform determines crypto tax liabilities and delivers that data to the tax filing systems used by tax professionals. The platform produces IRS Form 8949 and other reporting formats that are directly importable to filing systems with all major tax and accounting solutions.
Ledgible is an AICPA SOC 1 & 2 assured tax reporting and portfolio tracking platform for crypto assets for professionals, enterprises, and consumers. The Ledgible Crypto Platform is the proven crypto asset solution for tax and accounting professionals with leading accounting firms, institutions, and major crypto companies globally. Ledgible Crypto Tax Pro is used by thousands of firms to make tax reporting easy for their professionals and clients.
Visa | July 31, 2019
Fintechs are transforming the global payments ecosystem at a rapid pace, changing the way people invest, manage money, receive loans, and send real-time payments to friends and family. Given the importance of the fintech community, and Visa’s longtime commitment to digital payment innovation, Visa (NYSE: V) today announced the expansion of its popular Fast Track program to the United States in conjunction with a large and growing network of partners.
BITCOIN AND CRYPTO
NCR | January 17, 2022
NCR Corporation (NYSE: NCR), a global enterprise technology provider, today announced the completion of the previously announced transaction to acquire LibertyX, a leading cryptocurrency software provider. LibertyX is a strong strategic fit for NCR because it accelerates NCR’s ability to rapidly deliver a complete digital currency solution to its customers, including the ability to buy and sell cryptocurrency, conduct cross-border remittance, and accept digital currency payments across digital and physical channels.
The completion of this transaction enhances our ability to provide digital currency solutions and capabilities that help run our customers’ businesses. We are pleased to welcome LibertyX and its outstanding team to NCR.”
Don Layden, EVP & President, Payments & Network, NCR Corporation.
The LibertyX digital currency solution runs on ATMs, kiosks and point-of-sale (POS) systems today. LibertyX partners with ATM operators, like NCR’s Cardtronics, who owns and manages ATMs and the Allpoint network in the U.S. at locations like convenience stores, pharmacies, and supermarkets. Moving forward, NCR will utilize its Pay360 platform to offer the LibertyX capabilities as part of its solutions for banks, retailers and restaurants. NCR Pay360 provides financial institutions a secure way to enable cash-in and cash-out transactions from their mobile banking app, website, or even customer service centers.
On August 2, 2021, NCR and LibertyX announced that they had entered into a definitive agreement under which NCR would acquire LibertyX. The transaction includes LibertyX’s cryptocurrency remittance business, LibertyPay. Financial terms of the transaction were not disclosed.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading enterprise technology provider that runs stores, restaurants and self-directed banking. NCR is headquartered in Atlanta, Ga., with 38,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.