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CEX.IO December 2022 Media Report

by The Dao Makers
January 6, 2023
in Crypto Updates
Reading Time: 5 mins read
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Winter is upon us in additional methods than one, however December proved to be a scorcher for constructive CEX.IO opinions, awards, and third-party validation. 

We ended the yr on a excessive word with a number of appearances in Cointelegraph, together with two contributions to the outlet’s Innovation Circle by our Founder and CEO, Oleksandr Lutskevych. There was occasion protection on the 2022 Finance Magnates London Summit, and CEX.IO additionally received trade recognition because the “Finest Cryptocurrency Trade” on the 4th Annual Enterprise Tabloid Awards, its first nod from the UAE outlet.

To not be outdone, our rankings and opinions profile noticed extra success because the yr wound to an in depth. CEX.IO maintained its place among the many High 10 on Hoptrail’s AML Leaderboard, and sits inside placing distance of the subsequent 4 positions. This was shortly adopted by a glowing assessment in Beta Syndicate, which highlighted our dedication to providing easy and safe crypto options. 

Plus, CEX.IO’s Head of Company Funds, Arina Dudko, contributed well timed thought management on how banks and crypto firms are adapting to a altering setting.

Final month, CEX.IO maintained its High 10 rating on Hoptrail’s AML Leaderboard, with an aggregated rating of 89.62. Receiving “checks” for our AML/KYC insurance policies and a Chief Compliance Officer (CCO) management crew member, CEX.IO is a couple of fractions of a share level away from persevering with its ascent.

Study extra about our rating right here.

On December 2, CEX.IO’s Head of Company Funds, Arina Dudko, appeared in Finextra to interrupt down how banks and crypto firms are rising nearer to compete for consumer consideration. Drawing comparisons from co-evolutionary species within the pure world, Dudko utilized these relationships to look at shifting client developments, and argued how market contributors might come out on prime.

“There was a cut-off date the place nobody thought banks would ever contact crypto. Nonetheless, we’re seeing an analogous relationship unfold within the monetary world. Deemed too risky and inclined to threat, crypto was written off as a passing fad at finest and a nefarious scheme at worst. In the present day, virtually all the most important banks have launched crypto merchandise to satisfy rising demand, and others are creating their very own digital asset methods to keep away from getting left behind.”

On December 13, CEX.IO Founder and CEO, Oleksandr Lutskevych, appeared within the Cointelegraph Innovation Circle to debate how the crypto neighborhood ought to reply to rising rates of interest. Recognizing the trade’s fame for hedging sure financial forces, Lutskevych known as for transparency when selling the digital asset class to account for altering realities in crypto and correlated markets.

“The place crypto as soon as functioned as a hedge towards sure market forces, enterprise leaders must be cautious to use nuance when discussing simply how these advantages apply in our up to date ecosystem. These days, we’re seeing extra correlated actions between TradFi and DeFi because the hole between them continues to slim. Due to this fact, leaders ought to follow transparency when discussing any such potential.”

On December 14, Managing Director, U.Ok. and Europe, Konstantin Anissimov was quoted by Yahoo!Finance following CEX.IO’s win on the 4th Annual Enterprise Tabloid Awards. Situated within the UAE, Enterprise Tabloid Information highlights trade leaders and innovators at its yearly gathering, and named CEX.IO the “Finest Cryptocurrency Trade 2022” amongst a crowded discipline. This helped cement a fruitful yr of third-party recognition.

“‘We’re really honored to be acknowledged by Enterprise Tabloid Information as a pacesetter within the digital asset trade,’ mentioned Konstantin Anissimov, Govt Director for CEX.IO. ‘All through an unprecedented yr within the crypto house, CEX.IO has remained steadfast in its dedication to transparency, operational excellence, and institutional-grade safety on our award-winning platform. We are able to’t thank our neighborhood sufficient for his or her continued help. Their dedication evokes our innovation.’”

On December 15, Lutskevych stepped again into the Cointelegraph Innovation Circle to handle how crypto can work to enhance its public picture. Honing in on the trade’s myopia round worth potential, Lutskevych appealed to tech-focused builders and innovators to place the emphasis again on creating groundbreaking merchandise, and re-assert the goal of encouraging widespread crypto adoption.

“An excessive amount of oxygen within the trade is taken up discussing the worth potential of recent initiatives. Reasonably, leaders ought to pivot the dialog towards the viability of initiatives and the way they’re poised to spur extra widespread adoption. If we expect in broader phrases, we’ve the prospect to problem the notion that crypto is an answer in search of an issue and invite new customers to start out their journey.”

On December 22, Managing Director of Listings, Jonathan Wykes, sat down for an interview with Finance Magnates at their latest London Summit to debate CEX.IO’s positioning within the present crypto panorama. With the trade nonetheless reeling from the collapse of FTX, Wykes reemphasized CEX.IO’s dedication to moral crypto stewardship, and highlighted how the corporate units itself aside by providing a user-centric expertise.

“These very large exchanges having their associations with NFL and NBL and so forth and so forth and truly you get a variety of customers that will come on to the platform due to that, however the actuality is that they don’t essentially perceive what they’re entering into and for us, our perception is that it’s higher to take their cash and to speculate it into our merchandise on our ecosystem.”

On December 24, CEX.IO’s Head of International Improvements, Dmytro Volkov, spoke with Cointelegraph to recount a number of the strangest tales that unfolded within the crypto ecosystem final yr. From the arrest of high-profile dangerous actors, to new regulatory developments spurring broader crypto adoption, Volkov supplied distinctive perception and context knowledgeable by his trusted tenure within the digital asset house.

“Whereas attracting overseas funding is an clever transfer from CAR, a Bitcoin-based preliminary coin providing from a war-torn nation is a bizarre improvement. CEX.IO’s Volkov advised Cointelegraph that cryptocurrencies are ‘effectively positioned to assist rising economies fill gaps within the providers their home monetary methods are missing’ and will assist join home monetary methods to world markets.”

On December 29, crypto and tech information outlet Beta Syndicate revealed a assessment praising CEX.IO’s product suite for its security, simplicity, and ease of use. The positioning’s Founder and chief columnist, Jeffery Kaufman, spent over a yr attending to know our providers, and revealed how he stored returning to their glossy, intuitive design over “busier” choices accessible throughout the market.

“The app is easy sufficient to navigate and as I mentioned, CEX is muddle free. You will get what you want and be achieved in much less time than most buying and selling apps I’ve used, and shopping for cash like Bitcoin or Ethereum couldn’t be simpler. If in case you have a financial institution or bank card, and also you need to purchase Bitcoin or any of the currencies listed, the method is fast, secure and fairly straightforward.”



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