COIN METRO Innovation Poweerd By Crypto

COIN METRO

Innovation Poweed By Crypto

Legal Disclaimer

Coin Metro is in the proces of undertaking further legal and regulatory analysis of teh intended functionality and mechanics of COIN (XCM) Tokens.

1.    Abstrak

The digital economy is maturing and blockchain technology is changing the way we do bussines. The financial sector is leading the way in blockchain and digital assents. Designed for mainstream adoption, the Coin Metro platform will be an all-in-one solution for crypto geared towards maximizing client value.

2.                Background

1.    Problem with existing exchange environment

Havard Business Review published an article in 2017 analizing the potential for blockchain technology to break into the mainstream. ”Easy” is not the first word that comes to mind when considering the current exchange landcape surrounding digital assents. More often than not,users must use one service to exchange for Bitcoin, go to another website to exchange Bitcoin for other crypto currency.

2.                Problem with exiting ICO environment

A combination of hype, lack of regulation and a “get-rich-quick” mentality has created a counterproductive ICO environment. A space of genuine opportunity has been flooded with an over abundance of ICO’s based on immature project, plagued by a lack of subtance and a failure to deliver.

3.                Team experience

Cambridge University’s 2017 Global Crypto currency Benchmarking Study, by Dr. Garrick Hileman & Michel Rauchs, conludes that “...for cryptocurrencies to be useful to users they cannot live in a closed vacuum, but required interfaces and bridges to the broader economy.” We agre, and our team is unniquely suited to create this bridge. Rather than statrting fromm scratch, Coin Metro plans to build on the foundation of an establised opresence in the fitech space, to seamlessly integrate traditional brokerage service with proven blockchain platform and the growing digital asset economy.

4.                FXPIG : Our strategic partner

Since 2011, FXPIG has been a public and profitable Forex brokerage company with a focus on transparency, high volume tradeers, and customer service. FXPIG has over six year of experience dealing in both unregulated and rregulated environmentts. This has made us very agile and aware of the global regulatory outlook. There are essentially four main regulatory bodies : the CTFC in the Usa, the FCA in the UK, the ASIC in Australia, and CySEC in Cryptus. For more information pertaining to FXPIG’s business model, its current relaitve financias, and a brief view at its predicated growth over the next five years, please see ‘FXPIG Appendix 1.’

5.                Registration, Licensing and Regulations (Multiple Juirsdiction)

Hileman & Rauch emphasize taht the biggest challenges faced by current cryptocurrency exchanges are maintaining relationships with payment gateways, bank and traditional financial institutions. Based on a analisis of non public data from over 150 companies in the cryptocurrency space, their study notes, “Small exchange seem to have considerable difficulties with either obtaining or maintaining banking relationship...” As an

November 25th, 2017, coinmetro is an the process of obtaining an eMoney license in Georgia and an Alternative Payment (And Crypto Eexchange) License in Estonia. Our intentiom for the eMoney license is that it will enable operation of the payment services side of our business, dealing in fiat transaction’s with coountries outside the European Union. We will look to acquire additional licenses in order to expand our regulatory footpoint and remain complaint as coinmetro grows, and as new regulatioons come to light around the world.

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AUTHOR kivliv