Cpublic becomes World’s First U.S. Authorized Cryptocurrency Exchange Service - Reuters

 

Cpublic becomes World’s First U.S. Authorized Cryptocurrency Exchange Service

Cpublic becomes World’s First U.S. Authorized Cryptocurrency Exchange Service

Fri Oct 5, 2018 - 07:30am UTC

Cpublic Exchange announces an official launch date in January 2019 as the world’s first State of Wyoming U.S. Authorized cryptocurrency exchange service.

Los Angeles, California – October 5, 2018

The United States is about to get its first ever cryptocurrency exchange. Until recently, U.S. laws and regulations had prevented a digital currency exchange from opening. However, Wyoming, America’s least populated state, has been campaigning strongly in favor of cryptocurrencies and blockchain.

In January 2019, Cpublic Exchange will officially launch thanks to the work done by advocates in Wyoming. The cryptocurrency exchange will be the first in the U.S. to be licensed and it will be one of a limited number of website exchanges that works with dollars. Cpublic Exchange will give more people the chance to trade and invest in cryptocurrency using U.S. Dollars.

Cpublic Exchange’s official exchange launch is still some time away, but the company has already begun its ICO campaign. Traders and investors have been able to purchase Cpublic Exchange’s CPG token (Cpublic Exchange Gold) since September. Once the exchange goes public in January, users will be able widely trade the CPG token for other cryptocurrencies and fiat cash via the platform. Ethereum will support transactions on the Cpublic Exchange. Early bird investors can currently purchase CPG tokens at a reduced rate.

CPG tokens will be listed on the Cpublic Exchange, and they can be swapped for a wide variety of other cryptocurrencies. The CPG token and its exchange stress safety and security, as they are distributed, and operate, under careful compliance and legal permission of the state of Wyoming.

The maximum total supply of Cpublic Exchange Gold is six billion tokens, although the number could be decreased based on how many tokens are sold during the ICO campaign.

According to polls released in 2018, around five percent of Americans said they own cryptocurrency. It is reported 75 percent of all Americans have heard of cryptocurrency. The lack – or nonexistent – number of U.S. government licenses to cryptocurrency exchanges is enough to put many Americans off of trading. Cpublic Exchange’s ability to gain the first official license granted by Wyoming should give investors more confidence in trading cryptocurrency.

For the most part, digital currency exchanges have been based outside the U.S. with many being located in Asia. Two of the largest exchanges, Coinbase and Gemini, are headquartered in Hong Kong and Singapore, respectively.

Cpublic Exchange, while licensed in Wyoming, will have offices in Los Angeles, Manhattan and Seoul, Jeju Island, South Korea, giving the exchange worldwide capabilities. U.S. investors and traders put off by the lack of exchanges based stateside can now feel more assured in buying cryptocurrency.

Cryptocurrency has an estimated 2.9 to 5.8 million active users. Cpublic Exchange’s launch could see that number grow. Blockchain’s possibilities are vast and Wyoming has realized just how valuable it can be. Cpublic Exchange will begin the next chapter of cryptocurrency and investors and traders in the U.S. can reap the rewards.

For more information, please visit: https://www.cpublic.org/

Contact Info:
Name: David Lee
Email: info@Cpublicexchange.com
Organization: Cpublic Exchange
Address: 3435 Wilshire Blvd, Suite 2375, Los Angeles, CA 90010
Phone: 213-335-0289

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