Bitfinex, a renowned cryptocurrency exchange, appointed Giles Dixon as Head of its Licensing operations on May 4. Dixon has earlier worked as a Senior Manager at Grant Thornton LLP in Toronto. He has great experience in working towards regulatory and compliance issues in Grant Thornton LLP company. In the Bitfinex he will be working towards the exchange’s efforts to secure regulatory permission and licence in various regions across the world.
On joining as the head of licensing operation at Bitfinex, Giles Dixon has stated the followings:
“Bitfinex faces a shifting legal environment as a prominent digital token exchange as authorities throughout the world adjust to the expanding digital token economy. I am excited to help drive Bitfinex’s licencing approach in such a dynamic and growing regulatory world.”
Bitfinex continuous its expansion plans and collaborates with OpenPayd
In another development, Bitfinex has recently accessed the Single Euro Payments Area (SEPA) via cooperation with fiat on-ramp provider company OpenPayd. Through the collaboration, Bitfinex began utilising OpenPayd’s BaaS platform featuring technologies for digital asset enterprises. As a result, Bitfinex is now able to streamline the process of receiving fiat deposits and facilitating fiat withdrawals through SEPA, SEPA Instant, and SWIFT.
With the use of OpenPaye technology, Bitfinex users may now top up their fiat wallets in real-time. Customers of the exchange may now add euros to the platform and pay in or out of their accounts very quickly.
In November 2021, Bitfinex also introduced permanent swaps for Shiba Inu (SHIB) and OMG Network. Bitfinex Derivatives CTO has confirmed the inclusion of Shiba Inu, OMG Network, bitcoin, euro tether & Ethereum, and euro tether to the increasing portfolio of perpetual swaps on its exchange. The company expects strong demand for these instruments from professional investors looking to hedge and manage risk.
