The EBCoin is a project which aims to improve the refund process at various stages planning to eliminate the need to keep receipts in the form of paper through the digitization of all refund procedures.
Initially, the company planned to open the cryptocurrency exchange KRPEX in South Korea, but the country started implementing various regulatory measures which made EBC Foundation change its mind regarding the country for launching the exchange. EBC Foundation announced that it plans to locate the exchange in Japan as it provides a favorable framework for managing digital assets.
Japan is, without a doubt, considered the global industry leader when it comes to cryptocurrency. We expect the listing of EBCoin on Japanese exchanges to bring us much closer to our goal of making EBC one of the major cryptocurrencies in the market.
CEO, EBC Foundation
EBC Foundation will make a partnership with Integro Welfare, who will maintain the whole process of registeration and launch of KRPEX, which will also list EBC Foundation’s own EBCoin currency.