Odaily Planet Daily News Crypto broker FalconX will launch a dedicated foreign exchange trading desk in London, and its staff will come from the team of crypto banking company BCB Group. FalconX said in a press release on Tuesday that the trading desk will provide trading services for 20 foreign exchange pairs for cryptocurrency trading companies, exchanges and brokers, including major currencies such as the US dollar, euro and pound. The team will be led by Ben Sebley, with Richard Usher as head of foreign exchange trading and Lux Thiagarajah as head of commercial foreign exchange. The department has a total of 5 employees. FalconX said that the foreign exchange trading department plans to establish a new fiat currency gateway and enhance the flow of funds between traditional currency pairs through same-day settlement options. (CoinDesk)
