Deutsche Bank Institutional Trader Joins Japanese Crypto Startup

[vaniosetiawan]

A former Deutsche Bank trader has joined Japanese crypto exchange-startup FXcoin Ltd., Bloomberg reports September 3.

According to the announcement, Yasuo Matsuda, an institutional trader from Deutsche Bank, will join FXcoin as a senior crypto strategist starting in September 2018. The strategist position includes providing analysis of crypto markets and daily reports on the market’s activity.

The newly appointed 49-year old Matsuda worked as foreign-exchange dealer at the German bank from 2012 until this June.

FXcoin Ltd., founded in September 2017, is currently seeking regulatory approval from Japan’s financial regulator the Financial Services Agency (FSA) in order to operate “virtual currency-related business.” The startup has reportedly applied with the regulator to exchange cryptocurrencies such as Bitcoin (BTC) under a licensing system that was adopted last year.
its good to hear that their is bank to unite to japanese crypto

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