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RE: Partnership Spotlight: KDX (Kinetic DAX) × ChainCulture 2025

in #chainculture3 months ago

Spoke to them at their booth today. Can confirm the coin/token requires SC rubber stamp of approval (though they fail answer how this process works). They want to see established history (which we have), multi-billion $ marketcap (we don't, the smallest cap altcoin that is available is SNX at $500M and HIVE is currently at $65M), syariah compliant (probably yes?).

Notice that there are no stablecoins listed any locally "regulated" exchange. They might say they only want everything to be quoted in MYR, however the real reason IMO is to protect banks so they can still get away with overcharging customers to move money. Therefore HBD listing is a no-no :\