Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

The EXMO Coin Crowdsale Launch Date Postponed Until September
The EXMO Coin Crowdsale Launch Date Postponed Until September

Published : , on

EXMO Cryptoсurrency Platform is moving the start of the previously announced EXMO Coin (EXO) crowdsale to September 10, 2018. The company’s official statement is provided below:

“Dear community,

Over the past five months the whole EXMO team has been working tirelessly to make EXMO Coin crowdsale as lucrative and safe for its investors as possible. We came a long and interesting path while planning it, participated in 10 conferences, held over 200 meetings and negotiations with our potential investors.

We are ready to provide investors, customers and partners with the best investment conditions. Nevertheless, the unpredictable and drastic changes to the regulations in the cryptocurrency field make us, as pragmatists, move the EXMO Coin crowdsale launch date to September 10, 2018.

exmo

We firmly decided that we are not going to start distributing EXMO Coin tokens until we are 100% sure about the full legal safety for our token holders. The EXMO team is not willing to follow the way of other ICO projects that omit taking into account all of the possible risks that their investors might face or get in trouble with regulating authorities.

For more than five years already, the EXMO team has always prioritized the users’ safety when it comes to the business operations. The ongoing situation is not an exception.  Without any doubt on our side, we are ready to give up the immediate gains of EXMO for ensuring the maximum safety for our investors. As the cryptocurrency market veterans we prioritize and cherish the long-term mutually beneficial cooperation with our partners.

“Now the market situation is changing very quickly,” says Ivan Petukhovsky, one of the EXMO founders. “Being experienced entrepreneurs we acknowledge that any drastic changes on the market may bear some serious risks for investors. Taking that our priority is the trust built between us and our clients over the years of EXMO existence, we are en route to continue building up on the established credit and ensuring maximum benefits for our customers.”

By the start of the crowdsale, margin lending will be operating on the EXMO platform for several months already. Based on this, we will be able to perform public audit of both the service itself, as well as the investor payment model. This will showcase the model profitability for all the EXMO Coin holders.

For the next two months we will mostly focus on close collaboration with the US Securities and Exchange Commission (SEC), consultation with the European Securities Committee, the Swiss Financial Market Supervisory Authority, the Monetary Authority of Singapore, as well as the Japanese Financial Services Agency. Moreover, we will continue with receiving  financial licenses needed for meeting the new requirements of a number of countries, and ensuring the maximum legal protection of our investors.

The EXMO Coin crowdsale logic of will undergo some minor changes, though this will only enhance the investment attractiveness. All the prior arrangements with the interested investors remain in effect.

More information on the changes to the crowdsale will be available in the upcoming announcements.

Please be advised that the information updates on the crowdsale may come with delays in other sources.

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post