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Mark Karpeles Launches New Crypto Exchange EllipX in Europe

Sep 4, 2024
  1. New Crypto Exchange EllipX
  2. Main Goals and Features of EllipX
  3. Mark Karpeles' Speech at Korea Blockchain Week

Mark Karpeles, the former CEO of the now-defunct Mt. Gox, has announced the launch of a new crypto platform, EllipX, in Europe, based in Poland.

New Crypto Exchange EllipX

Mark Karpeles, previously at the helm of the cryptocurrency exchange Mt. Gox, plans to open a new cryptocurrency exchange named EllipX in Europe. He announced this at the Korea Blockchain Week event in Seoul, South Korea. The new exchange will be based in Poland and is slated to launch this month.

Main Goals and Features of EllipX

EllipX will focus on transparency, user-friendliness, and MiCA compliance. Mark Karpeles will take the position of Chief Technology Officer and promises to ensure technical transparency. According to him, the new venture should help attract new users to the crypto community due to its high transparency and ease of use.

Mark Karpeles' Speech at Korea Blockchain Week

At the Korea Blockchain Week in Seoul, Mark Karpeles noted that one of the industry’s main issues is the lack of transparency. He stated that the community is often disconnected from the history and leadership of crypto companies, except for major platforms like Binance and Coinbase.

With the launch of EllipX, Mark Karpeles hopes to create a more transparent and user-friendly space for new crypto users, ensuring a high level of transparency and regulatory compliance.

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