April 25, 2024

Postponing the launch of EXMO Coin crowdsale in September


Postponing the launch of EXMO Coin crowdsale in September

London, March 29, 2018 — EXMO cryptocurrency exchange announced the postponement of the previously announcedCrowdsale EXMO Coin (EXO) on September 10, 2018. The full text of the company's official statement is given below:

“Dear community,

For the past five months, the entire EXMO team has been workingtirelessly to make the crowdsale EXMO Coin the most profitable and safe for its investors. During this time, we have come a long and interesting way, participated in 10 conferences, held more than 200 meetings and negotiations with investors.

We are ready to provide our investors,clients and partners the best investment conditions. But sharp and unpredictable changes in the regulation of cryptocurrencies force us, as pragmatists, to shift the start date of the EXMO Coin crowdsale to September 10, 2018.

Until we have 100% confidence inlegal protection of our users, we will not start selling EXMO Coin. We do not want to go the way of other ICOs that do not take into account risks for their investors and get into trouble with regulatory authorities.

For more than five years, the EXMO team has put on the firstthe place is protected by our users, and the current situation is no exception. We are ready to easily sacrifice the immediate benefits of EXMO for the safety of our investors. As veterans of the cryptocurrency market, we prioritize long-term mutually beneficial relationships with our partners.

“Now the market situation is changing very quickly,- said Ivan Petukhovsky, one of the founders of the EXMO exchange. - As experienced entrepreneurs, we understand that abrupt changes can carry high risks for investors. And since the main thing for us is the trusting relationship that we have built with our users from the very beginning of EXMO, we will continue to take care primarily of the benefit of our customers. ”

By the start of the crowdsale, margin lending is alreadywill be working on the EXMO platform for several months. Thanks to this, we will be able to conduct a public audit of both the service itself and the model of payments to investors - this will show how beneficial it is for all EXMO Coin holders.

The next two months we will focus on moreworking closely with the U.S. Securities and Exchange Commission (SEC), and we will also be consulting with the European Securities Commission, the Swiss Financial Market Supervisory Authority, the Monetary Authority of Singapore, and the Japanese Financial Services Authority. In addition, we will continue to issue financial licenses to meet the new requirements of a number of countries, for the full legal protection of our investors.

EXMO Coin Crowdsale Logic Will Undergo Smallchanges, which will only increase the profitability of investments. All preliminary agreements with investors who have expressed a desire to participate in the presale will remain valid.

Read more about the changes in our future announcements.

Remember that other sites have information aboutcrowdsale may be updated late. To own the most relevant information about our project, subscribe to the official EXMO Coin channels: newsletters on our website, Telegram, Twitter and Facebook.