CoinMetro Ahead of the Regulation Curve, Expanding Their Presence in Crypto-Friendly Spaces Ahead of Token Sale Close

CoinMetro steams ahead, expanding their expert team in Estonia and begin working global regulation applications as part of their forthcoming regulatory plan. The Coinmetro Token Sale concludes March 31st, 2018.

CoinMetro are taking an active role in the pursuit of regulation; it is understood that one of the most significant challenges facing cryptocurrency exchanges presently is the inability to for exchanges to maintain resilient relationships with governments, financial institutions and so on.

CoinMetro knows that it will be operating the platform on a global scale, and if they are to keep the red tape away then it is vital that CoinMetro has a framework of global licences that stretch across multiple jurisdictions.

Making Moves

On November 25th, 2017,  CoinMetro began taking essential strides on two fronts: firstly applying for an eMoney Registration in Georgia which allows for the payment services-side of the CoinMetro business to operate and deal in fiat transactions with countries from outside of the EU.

Secondly, applying for eWallet and Fiat to Crypto Exchange Licenses in Estonia. By doing this, CoinMetro secures the means to operate an exchange that deals in both fiat and crypto for clients within the EU and across the globe, also allowing for payment acceptance via credit cards, SWIFT transfers, SEPA transfers, and external wallet systems from EU residents. They will begin to work closely with regulatory bodies, governments and so on to build relationships and obtain the necessary licenses. This is just the first step in an ambitious regulatory plan that looks to acquire licensing in a multitude of jurisdictions.

CoinMetro have additionally brought on Danny de Gier as part of their regulatory team. De Gier, 48, is a Financial Crimes/AML/Sanctions expert, who has worked in industry leading companies like IBM, HSBC and RBS. With 10 years in the IT industry and a further 15 combating money laundering, fraud and other financial crime, Danny’s understanding of regulated industries is second-to-none.

Danny boasts strong experience in leading global AML teams, and he also provides consultancy to a wealth of smaller firms firms such as the International Compliance Training Organisation.

The CoinMetro Platform

The  CoinMetro platform is designed to bring traditional financial services and more to the Cryptocurrency / Blockchain space, below are some examples:

• An ICO Express feature that allows for TGEs to launch via the CoinMetro platform, simplifying the tokenization process and allowing for immediate listing on the exchange following the end of the ICO as well as possible inclusion onto the ETCF board for added liquidity.
• An ETCF Board that helps solve the current ERC20 liquidity shortage and also gives both experienced and inexperienced crypto investors and easy tool to diversify their holdings with a few clicks.
• The TAM or Tokenized Asset Management platform that helps lure asset managers from other markets into the space and gives our clients the ability to profit from their collective trading experience.
• Atomic Swaps, a smart contract escrow tool that allows traders to swap tokens without going through an intermediary, eliminating third-party fees.
• A Multi-Currency wallet that can hold Crypto and Fiat.
• Crypto Lending, where users can make an interest-based income from loaning their cryptocurrency.
• Cryptocurrency Debit Cards.

These tools are robust and will usher in a new era of how users engage with cryptocurrencies; making the crypto space one that can be easily navigated and all the while offers similar benefits to fiat currency as well as further innovations. For this era to come about and for CoinMetro users to reap the full benefits of the platform, it is of paramount concern that all regulatory needs are met, hence the commitment to making it a reality.

CoinMetro Token Sale

The CoinMetro Token Generation Event (TGE) for the XCM token is ongoing and ends March 31st, 2018. Since its launch on the 21st of February, it has raised just over 14 Million USD, the first $4 Million of which was raised within the first 12 hours of the event going live.

The current price of XCM is $0.15; the bonus and pricing structure for the TGE are as follows

100M COIN Sold – 8% TBPR 1 + lifetime CM discount 2 +0.01 price increase

150M COIN Sold – 11% TBPR 1 + 0.01 price increase

200M COIN Sold – 14% TBPR 1 + lifetime pre-pre-token sale invites +0.01 price increase

250M COIN Sold – 17% TBPR 1 + lifetime FXPIG discount 3 +0.01 price increase

300M COIN Sold – 20% TBPR 1

Note: “TBPR” stands for “Token Buyback Program Reserve”

Visit the CoinMetro Official Site –  https://coinmetro.com/
Check out the Whitepaper –  https://coinmetro.com/whitepaper/

CoinMetro is the source of this content. This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.