LCX.com introduces regulated and complaint digital currency exchange

LCX.com introduces regulated and complaint digital currency exchange

The Liechtenstein Cryptoassets Exchange (LCX.com) has reportedly announced the roll out of its regulated as well as compliant digital currency exchange. For the uninitiated, the Liechtenstein Cryptoassets Exchange is a regulated trading venue providing a variety of digital currencies.

The trading platform is said to be made from the ground up, leveraging the expertise of the firm’s progressive crypto portfolio desk, advanced crypto compliance suite, LCX DeFi Terminal, and LCX Terminal.

Apparently, Liechtenstein Cryptoassets Exchange had obtained approvals of 8 licenses under the novel blockchain laws in Liechtenstein previous week, making it the very first platform for cryptocurrency to attain this essential regulatory achievement in the country, letting LCX to provide the widest blockchain services scope.

Reliable reports claim that, at first, LCX.com would provide the most famous cryptocurrencies such as LCX Token ($LCX), USD Coin, Ethereum (ETH), and Bitcoin (BTC).

Founder & CEO, LCX.com, Monty Metzger stated that the Liechtenstein Cryptoassets Exchange is a latest generation of cryptocurrency exchange. The year 2021 would likely see compelling innovations in blockchain technology, with crypto compliance emerging as one of the important keys to achieve success.

Meanwhile, the license approvals include safe and secure smart contract creation and delivery (Token Generator), crypto custody, digital asset and compliant crypto exchange, consistent price oracles (Price Service Provider), AML, KYC, as well as crypto compliance services for tokenization along with other blockchain projects like Identity Service Providers, and a platform for token offering.

About LCX:

LCX is a safe and compliant platform for buying, storing, selling, and transferring, digital currency. LCX AG was established back in 2018 with HQs in Vaduz and branches in New Delhi, India as well as in Crypto-Valley Zug, Switzerland. LCX is a combination of a legal infrastructure and a tokenization platform.

Source Credit: https://www.prnewswire.com/news-releases/lcxcom-launches-regulated-cryptocurrency-exchange-301200529.html