Former Mt. Gox CEO to launch EllipX crypto exchange in Europe

EllipX will comply with EU’s MiCA regulations, with plans to add fiat services and offer fee cuts for former Mt. Gox users.

Mark Karpeles, the former CEO of the defunct cryptocurrency exchange Mt. Gox, will launch a new crypto exchange called EllipX this month.

Based in Poland, the platform will initially serve European users with plans to expand globally. It will start as crypto-only but potentially add banking and fiat currency services later.

EllipX aims to comply with the EU’s Markets in Crypto-Assets (MiCA) regulations and to promote transparency through regular third-party audits.

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EllipX will comply with EU’s MiCA regulations, with plans to add fiat services and offer fee cuts for former Mt. Gox users.
Mark Karpeles, the former CEO of the defunct cryptocurrency exchange Mt. Gox, will launch a new crypto exchange called EllipX this month.Based in Poland, the platform will initially serve European users with plans to expand globally. It will start as crypto-only but potentially add banking and fiat currency services later.EllipX aims to comply with the EU’s Markets in Crypto-Assets (MiCA) regulations and to promote transparency through regular third-party audits.Read more Â