🚀 Bitfinex allows up to 100 "sub-accounts" from one "master account" 🌳 ~ CEOM Coin

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🌳 Huobi Opens Brokerage Platform for Institutional Investors

Huobi Group is opening its first digital asset brokerage platform, offering trading products and services to institutional clients and high net-worth customers.

The platform will enable institutional investors to use crypto services such as liquidity pools, a regulated fiat channel and over-the-counter (OTC) trading

"One of the core value propositions of Huobi Brokerage is that it provides clients with best-price execution on large block orders," Ciara Sun, vice president of Global Business at Huobi Group, said.

CoinDesk

✈️ Bitfinex allows creating up to 100 sub accounts within 1 master accouint

The "sub-account" feature has been enabled due to growing institutional demand, said Bitfinex.

"The master/sub-account feature will enable better risk management and asset allocation," Paolo Ardoino, CTO at Bitfinex.

The new feature will also offer users trading fee discounts, said Bitfinex, as the exchange will use the combined trading volume of all linked accounts.

TheBlockCrypto

🔑 Deribit releases specifics of New KYC Policy following move to Panama

Deribit has released its newly updated Know Your Customer (KYC) policy.

In a blog post, Deribit clearly said that its relocation to Panama has been mainly caused by the new Anti-Money Laundering Directive (5AMLD).

Deribit will now introduce Level 0 and 1 KYC Level, Level 0 allowing 1 BTC or 50 ETH withdrawal per 24 hours, while Level 1 has not withdrawal limits.

CoinTelegraph

George Cao Shares His Thoughts on the Crypto Exchange Landscape

In the Second episode the CoinGecko Podcast, Bobby Ong, co-founder of CoinGecko is joined by George Cao, Founder and CEO of BitMax.io.

Bobby Interviewed George on the story behind BitMax.io, the features found in the crypto exchange, as well as some of his thoughts and prediction about what lies ahead for BitMax.io and the crypto exchange industry as a whole as it catches up with the traditional financial markets industry.

Listen in on the Podcast, free for all CoinGecko Member.