SINGAPORE, June 05, 2018 (GLOBE NEWSWIRE) -- Investment Evolution Coin Ltd. (“IEC Ltd”) announced the successful creation and launch of the Investment Evolution Coin (“IEC”) cryptocurrency that trades on the global PayBito cryptocurrency exchange. IEC cryptocurrency will initially be used to facilitate fast and free payments to the Philippines by Filipino Overseas Foreign Workers located in Europe and the Middle East, before expanding to other global consumer and business cryptocurrency payments markets. In July, IEC Ltd plans to launch its own global cryptocurrency exchanges in Malta and Dubai named Investment Evolution Exchange (“IECX”). IEC Ltd also plans to offer IEC cryptocurrency loan services to its payments customers and provide cryptocurrency token creation/exchange listing services utilizing the IEC network and IECX.
Paul Mathieson, IEC Ltd’s Chairman and Chief Executive Officer, said, “We are very excited to have launched our own IEC cryptocurrency running off its own blockchain network without requiring an ICO. The next step is to launch IECX cryptocurrency exchanges in Malta and Dubai to enable fast and free remittances for Filipino Overseas Foreign Workers from Europe and the Middle East to the Philippines. IEC Ltd aims to be the global leader in cryptocurrency payments, loans and exchanges.”
Investment Evolution Coin (IEC)
IEC is now available for purchase globally for Android users on the PayBito exchange, accessible at https://play.google.com/store/apps/details?id=com.hashcash.bbc_wallet_android_global. The web version of PayBito is accessible at https://www.paybito.com/dashboard/login.html.
Investment Evolution Exchange (IECX)
IEC Ltd has entered into a consulting agreement with Hashcash Consultants, a cryptocurrency and remittance consulting company located in Silicon Valley, USA and India, to implement and launch up to 4 new Investment Evolution branded cryptocurrency exchanges. The initial IECX cryptocurrency exchanges are planned to be launched in Malta and Dubai in July 2018, subject to receipt of any applicable regulatory approvals and licenses.
About Investment Evolution Coin Ltd. (IEC Ltd)
IEC Ltd is a Singapore public company with its own cryptocurrency, Investment Evolution Coin (“IEC”) that currently trades on the global PayBito exchange. IEC cryptocurrency will initially be used to facilitate fast and free payments to the Philippines by Filipino Overseas Foreign Workers located in Europe and the Middle East, before expanding to other global consumer and business cryptocurrency payment markets. IEC Ltd also plans to launch its own global cryptocurrency exchanges in Malta and Dubai named Investment Evolution Exchange (IECX), offer IEC cryptocurrency loans to its payments customers and provide cryptocurrency token creation/exchange listing services utilizing the IEC network and IECX. For more information about IEC Ltd, please visit www.investmentevolution.com
Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond IEC Ltd's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects IEC Ltd's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. IEC Ltd assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
The contents of IEC Ltd’s website referenced herein are not incorporated into this press release.
Contact:
Paul Mathieson
Investment Evolution Coin Ltd.
Chairman/CEO and Founder
info@investmentevolution.com