Former OKEx Exec to Raise $40M for Crypto Derivative Exchange – CoinDesk

Retail investors will soon have access to crypto trading options that were traditionally only available to institutional clients. Andy Cheung, former chief operating officer at OKEx, plans to launch a crypto derivative exchange called ACDX by the end of Q2 2020. The Seychelles-based exchange aims to offer futures, options, callable bull/bear contracts, warrant contracts and […]

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Development Group: Southeast Asian Consumers Too Bullish on Crypto? – CoinDesk

Southeast Asian investors may be too bullish on crypto assets for their own financial good, a new study by the Organisation for Economic Co-operation and Development (OECD) found. The Japanese government-funded report of Vietnamese, Filipino and Malaysian consumer crypto sentiments found that out of 3,006 respondents, 80 percent were aware of cryptocurrencies while 53 percent […]

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