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Discovered from last night's US cryptocurrency hearing that Relex may be the country's only coin to have indexed with the SEC's registration system & actually issued a CIK for regulation and compliance purposes- now the entire cryptocurrency sphere will have to catch up to comply.
With two executive members of the team possessing a blended background in anti-fraud prevention and enforcement as well as experience in both the private and public space of investment advisory and management, this development is not surprising to us. The cryptocurrency industry (particularly ICOs) as a whole is going to have to operate by far higher standards than was previously done in the past, and we are pleased to be one of the few cryptocurrencies leading this transition with standards that are far more likely to protect investor interests, while also defending creativity and innovation in the cryptocurrency space that could very well usher in an age of progress similar to that of the mobile phone in its inception as well as the early dot com days.
We are pleased to be partnering with Woodfine Capital Partners as well, another example and leading standard in fund transparency and accountability. The public reporting issuer, private wealth compliant model that Woodfine has pioneered with is being increasingly adopted as regulatory standards in the US State of Washington by 2020, with other states to follow. Peter Woodfine has pioneered a truly revolutionary fund model that is going to usher in a new paradigm of accountability and transparency in fund management in the United States and Canada going forward.
Having said all of this, as we may very well be the first cryptocurrency to be actively working with compliance and regulatory officials within the United States to make Relex a reality, working with regulators is a process to establish aligned interests and demonstrate our commitment to continuing to be an industry leader in the field of accountability and transparency. We continue to work towards contributing our efforts to the cryptocurrency space towards elevating cryptocurrencies to a standard and accepted asset class in the United States alongside real estate, stocks, bonds, and other financial instruments.
Relex Team
Relex continues to be ahead of the game.
New exchange coming, fantastic news!
After, I think is perfect time to list on coinmarketcap, this is number 1 way to gain more exposure.
