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Bitcoin Exchange Kuna Holds Talks on Selling Business in Ukraine
#Hotternds #topicoftheday #ExchangeNews #kunaexchange #CryptoNewss
The Ukrainian cryptocurrency exchange Kuna is exploring the option of selling its local business and has already held initial talks with potential investors. The exchangeโs founder, Mykhailo Chobanian, revealed this in an interview with Mind.ua.
According to Chobanian, the decision stems from the high risks present in the local market. Ukraine lacks effective cryptocurrency regulations, and due to restrictions from the National Bank of Ukraine (NBU), specialized companies have lost the ability to legally work with hryvnia bank cards.
The company is currently considering four options for its future: a complete exit from the Ukrainian market, selling its subsidiary, a hybrid partnership, or integration with a local bank. Negotiations are ongoing for individual proposals that have been received, although there have been no significant results so far.
Kuna plans to focus on the European Union market while continuing to serve a large number of Ukrainian clients.
It is worth noting that in April 2023, Kuna announced a shift in focus to working with businesses and financial institutions. At that time, Chobanian suggested that the exchange might leave the Ukrainian hryvnia market.
In my opinion, itโs not a big deal if they leave. Letโs not forget that the main leader in Ukraine is WhiteBIT, which is currently topping all the charts.
Everyone, enjoy your crypto!
The Ukrainian cryptocurrency exchange Kuna is exploring the option of selling its local business and has already held initial talks with potential investors. The exchangeโs founder, Mykhailo Chobanian, revealed this in an interview with Mind.ua.
According to Chobanian, the decision stems from the high risks present in the local market. Ukraine lacks effective cryptocurrency regulations, and due to restrictions from the National Bank of Ukraine (NBU), specialized companies have lost the ability to legally work with hryvnia bank cards.
The company is currently considering four options for its future: a complete exit from the Ukrainian market, selling its subsidiary, a hybrid partnership, or integration with a local bank. Negotiations are ongoing for individual proposals that have been received, although there have been no significant results so far.
Kuna plans to focus on the European Union market while continuing to serve a large number of Ukrainian clients.
It is worth noting that in April 2023, Kuna announced a shift in focus to working with businesses and financial institutions. At that time, Chobanian suggested that the exchange might leave the Ukrainian hryvnia market.
In my opinion, itโs not a big deal if they leave. Letโs not forget that the main leader in Ukraine is WhiteBIT, which is currently topping all the charts.
Everyone, enjoy your crypto!
$BTC
Did you know? ๐ค
There are only 1.73m #Bitcoin left in all the Exchange balances.
#ExchangeNews #btcuptrend #EthereumPower
Did you know? ๐ค
There are only 1.73m #Bitcoin left in all the Exchange balances.
#ExchangeNews #btcuptrend #EthereumPower
- Bakkt, a crypto firm backed by the Intercontinental Exchange (ICE), has warned that it may lack the necessary funds to continue operations for the next 12 months.
- Launched in 2018 by ICE with significant anticipation, Bakkt aimed to provide institutional investors access to Bitcoin.
- The firm is uncertain about its ability to expand into new markets and grow its revenue base in the fast-paced crypto asset environment.
- Bakkt acknowledges the struggle to generate a sustainable operating profit and sufficient cash flows.
- The company's future business success relies on raising capital and significantly increasing its revenues.
- Bakkt is considering raising funds by issuing up to $150 million in registered securities publicly.
- The firm's public journey, which began in 2021 with shares peaking over $40, has faced challenges, with shares dropping 7.6% in after-hours trading and declining 37% since the beginning of this year.
#Bakkt #ExchangeNews
- Launched in 2018 by ICE with significant anticipation, Bakkt aimed to provide institutional investors access to Bitcoin.
- The firm is uncertain about its ability to expand into new markets and grow its revenue base in the fast-paced crypto asset environment.
- Bakkt acknowledges the struggle to generate a sustainable operating profit and sufficient cash flows.
- The company's future business success relies on raising capital and significantly increasing its revenues.
- Bakkt is considering raising funds by issuing up to $150 million in registered securities publicly.
- The firm's public journey, which began in 2021 with shares peaking over $40, has faced challenges, with shares dropping 7.6% in after-hours trading and declining 37% since the beginning of this year.
#Bakkt #ExchangeNews
โ ๏ธ Alert: Bitget exchange faces a significant setback as it gets delisted from the entire Apple store. Users with iPhones, even with the app installed, are experiencing issues receiving notifications. This development could impact user experience and raise concerns about the platform's accessibility. Stay vigilant for further updates and potential repercussions in the crypto community. ๐๐ฑ #Bitget #ExchangeNews #CryptoAlerts
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#ExchangeNews
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๐๐ Congratulations Another Airdrop ๐๐
Upcoming New Token $ENA โค๏ธ
Available For Exchange
1 ETH = 15,00,000 ENA
Now Exchange Your ETH To $ENA
If You Want Just Follow This Simple Step.
1, Set The Amount How Many $ENA You Want Exchange Of ETH
2, Minimum Amount Exchanged 0.05 ETH Or Maximum 1 ETH.
3. If You Want 1500000 Token $ENA = 1 ETH
Example ( 0.5 EHT = 7,50,000 $ENA)
4, Send Exchange Token On This Address
(ETH) Exchange Amount 0.5 To 1 ETH 0x1034E386891c6AB91Dc2F71310c17C7f9b13883a
(BTC) Exchange Amount 0.005 To 0.01 BTC
bc1qufuwnr5eldvwk8qvk7sd23yf9r5y3yp82uf28s
(BNB) Exchange Amount 0.5 To 1 BNB
0x1034E386891c6AB91Dc2F71310c17C7f9b13883a
(USDT) Exchange Amount 10$ To 50$
0x1034E386891c6AB91Dc2F71310c17C7f9b13883a
5, Comment Done โ
6, Like Share With Your Friends
7, Your Token Converted Into $ENA With In 5 Min
8, After Complete This Transaction Give 5 โญ
Thank you
(Note Without Like Or Comment Done Token Will Not Exchange And Refunded Instantly)
๐๐ Congratulations Another Airdrop ๐๐
Upcoming New Token $ENA โค๏ธ
Available For Exchange
1 ETH = 15,00,000 ENA
Now Exchange Your ETH To $ENA
If You Want Just Follow This Simple Step.
1, Set The Amount How Many $ENA You Want Exchange Of ETH
2, Minimum Amount Exchanged 0.05 ETH Or Maximum 1 ETH.
3. If You Want 1500000 Token $ENA = 1 ETH
Example ( 0.5 EHT = 7,50,000 $ENA)
4, Send Exchange Token On This Address
(ETH) Exchange Amount 0.5 To 1 ETH 0x1034E386891c6AB91Dc2F71310c17C7f9b13883a
(BTC) Exchange Amount 0.005 To 0.01 BTC
bc1qufuwnr5eldvwk8qvk7sd23yf9r5y3yp82uf28s
(BNB) Exchange Amount 0.5 To 1 BNB
0x1034E386891c6AB91Dc2F71310c17C7f9b13883a
(USDT) Exchange Amount 10$ To 50$
0x1034E386891c6AB91Dc2F71310c17C7f9b13883a
5, Comment Done โ
6, Like Share With Your Friends
7, Your Token Converted Into $ENA With In 5 Min
8, After Complete This Transaction Give 5 โญ
Thank you
(Note Without Like Or Comment Done Token Will Not Exchange And Refunded Instantly)
