In a recent announcement made by its CEO, FTX, one of the top and fastest-growing cryptocurrency exchange companies in the world, announced a cryptocurrency payment partnership with Stripe, a technology company that is creating financial infrastructure for the internet and whose primary products are payment processing software and application programming interfaces (APIs) for e-commerce websites and mobile apps. In addition to handling cryptocurrency payments and processing funds for customers who deposit into their FTX account using Stripe, the cryptocurrency company hopes to provide a streamlined onboarding and identity verification procedure for new users looking to join its exchange. Tristan Yver, the Head of Strategy at FTX, said, “We want FTX to become a trusted mainstream brand. We’ve partnered with Stripe to help us transform what could be unintuitive crypto experiences into ones that exceed consumer expectations,”. Providing a More Convenient Payment Experience for Cryptocurrency Buyers For consumers who wish to acquire cryptocurrency using debit cards and bank transfers, FTX established a new payments arrangement with Stripe in a matter of days using the Stripe platform. The crypto exchange company intends to reduce fraud risk by using Stripe Radar, which uses machine learning models to monitor signals such as client data and billing information in order to identify fraudsters from legal consumers, among other things. A smooth onboarding and identity verification flow have also been developed by FTX with the help of Stripe Identity, which is a significant improvement over the prior identity verification procedure, which could take as long as a week. The news comes shortly after FTX’s announcement of its expansion into the European economy through its European subsidiary, FTX Europe, by partnering with Tomorrowland, one of the world’s major music festivals, to capitalize on Web3, blockchain technology, and cryptocurrency payments. Users in the European Economic Area will be able to access FTX’s innovative products, including industry-leading derivatives, options, and volatility products, tokenized stocks, and other services and products.

The post FTX Partners with Stripe for Payment Processing For Crypto appeared first on Cryptoknowmics-Crypto News and Media Platform.

The global crypto derivative FTX extends its exchange services in Europe.  FTX receives the legal license from the CySEC Authorities.

The post has appeared first on thenewscrypto.com

One of the leading cryptocurrency exchanges, FTX Trading Limited (“FTX”), recently announced the establishment of FTX Europe.

The post FTX expands its global reach, launches European operations  appeared first on CryptoSlate.

FTX, a global cryptocurrency exchange, today announced the company has secured investment license approval from the Cyprus financial market regulator, CySEC. With the new license, the Cyprus office will start offering FTX’s products and services to European clients with passportable licenses across the European Economic Area (EEA). “We’re excited to bring FTX’s innovative offerings to […]

The post FTX gets registered in Europe with new Cyprus license appeared first on CryptoNinjas.

Two years after founding FTX.US, cryptocurrency exchange FTX has established a European unit licensed…

The post FTX establishes European unit appeared first on Coin Journal.