Today Electroneum announced it has achieved agreement with Japanese exchange platform Quoine. For now Electroneum will be listed on Qryptos exchange. At the same time it will be working with Quoine to achieve regulatory approval of the Japanese Financial Services Agency. That would mean Electroneum will be accepted as a payment solution much faster.
Not only will it allow our users to deposit USD or EUROs to trade ETN, but QUOINE sponsoring us through the regulatory process with the Japanese Financial Services Authority will open up exciting new corporate opportunities.
CEO of Electroneum
Quoine is a unique exchange platform as it has been approved by the same JSFA, considered to be one of the most secure and stable fintech companies in the world to deal with cryptocurrencies. On top of that, Deloitte Touche has officially accepted Quoine as its client.
On the other hand, a UK-based cryptocurrency Electroneum makes an interesting combination of a blockchain and cryptocurrency leveraging the omnipresence of mobile phones. It developed a suprising mobile app that allows any smartphone to act as a mining device.
Reddit users warmly welcomed this announcement:
u/Tweakly said “Great news guys! Etn is really making the push to establish itself as a real competitor for mass adoption and its being really successful :)”
u/uppermonsteN said “Fiat/ETN; great step to encourage adoption.”
u/ChiliChristin said “Oh wow - nice :)”
u/chameleonfocus said “Sweet! 1 of many who will follow.”