Lesfex Exchange Available for Trading

Lesfex Exchange, the project of Octanox payment system, becomes fully available for trading from February 10, offering 8 major cryptocurrencies on the platform
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Lesfex is one of Octanox business branches that runs as cryptocurrency exchange and has features for traders and cryptocurrency developers. Octanox is a decentralized and low transaction cost payment system based on Waves token which provides virtual economy infrastructure.

Lesfex Exchange releaseLesfex Exchange Announcement

The Lesfex exchange was released on December 27 of 2017. Moreover, it announced that it starts to be fully available for trading from February 10 of 2018.

Lesfex Fee StructureLesfex Fee Structure

Lesfex offers Bitcoin, Dash, Ethereum, EOS, TRON, Augur, OmiseGo and other cryptocoins for trading. As it is stated on the official website of the Lesfex Exchange, it uses advanced digital trading tools, professional trade charting, complete trading history, and provides security features under motivated and professional security experts.

Wyoming Passed Bill Exempting Utility Tokens from Securities Laws

The Wyoming House of Representatives has unanimously approved a bill exempting utility tokens from securities laws  
20 February 2018   71

On Monday, House Bill (HB) 70 passed the House 60 to 0 and will now head to the Senate. The bill exempts utility tokens from securities laws. This will attracts ICO’s launches to the state and will make the state a favorable environment for blockchain startups.

According to the bill, the utility token must meet three conditions:

  1. The token’s issuer must not market it as an investment;

  2. The token must be exchangeable for goods and services, for example, startups must have a working product or service at the time the tokens are issued;

  3. The token’s issuer must not actively make efforts to create a secondary market for the token by entering into a repurchase agreement or agreeing to locate buyers for the token.

It is important to note that there are four more cryptocurrency and blockchain-related bills currently moving through the Wyoming legislature.

HB 19 passed the House of Representatives on Monday and is now awaiting introduction in the Senate. The bill exempts cryptocurrency from the state’s money transmitter act.

HB 101 has passed its second reading in the House and, if it passes its final hearing, will then go to the Senate. This bill will allow companies to create and use blockchains for the purpose of storing records and conducting inter-office communication.

HB 126 has just passed its second reading in the House. It will allow the creation of series LLCs.

Senate File (SF) 111 passed a vote to introduce on Friday and is now headed to a committee hearing. This bill will exempt cryptocurrency assets from state property taxes.