EBCoin to Launch Crypto Exchange in Japan

The Singapore-based company EBC Foundation plans to open crypto exchange in Japan, listing the coins after the end of its crowd sale on February 13, 2018
05 February 2018   366

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.

Jason Kim
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.

Andreessen Horowitz to Launch Crypto Investment Fund

Two new job openings by Andreessen Horowitz confirms the information about possible launch separate crypto investment fund
24 April 2018   9

One of the most influential venture capital companies of Silicon Valley intends to open its own fund, entirely dedicated to work with cryptocurrencies. This is repoted by Recode.

Rumors about the possible creation of a new division of Andreessen Horowitz have been on the web for quite some time, which is not surprising, as the company, also known as A16z, previously invested in Coinbase, Earn.com and CryptoKitties, and its founder Mark Andrissen is a big supporter of cryptocurrency .

Two new job openings by Andreessen Horowitz confirms the information that had spread earlier.

Currently, the venture company is looking for a "Manager for financial and operational activities, Cryptoactive" and "Legal Support Specialist, Cryptoactive". Both vacancies indicate that the company hires employees for an "individually managed fund that focuses on crypto assets."

The Legal Counsel will monitor "compliance with all necessary SEC requirements" and "manage the compliance of the firm / fund activities with all SEC requirements / other requirements", and the operational manager will among other things evaluate the crypto-currency assets.