BTCX becomes a broker, and Goobit's reported revenue falls
Original title (Norwegian): BTCX blir megler, og Goobits rapporterte inntekter faller
Sweden · 
Kaupr ·
Goobit has switched BTCX from being the customer's counterparty to executing orders against outside liquidity, a change it disclosed as inside information and ties to MiCA. Until 18 August BTCX traded against its own inventory; since then it has acted more like a broker, which chief executive Gustav Buder, who took over on 15 August, says gives clearer pricing and needs less capital. Reported revenue and exchange costs fall sharply because client trades are no longer booked as Goobit's income, but the company says gross profit, the rest of the accounts and transaction volume are unchanged.