MALTA, Sept. 04, 2018 (GLOBE NEWSWIRE) -- Investment Evolution Coin Ltd. (“IEC Ltd”) announced the successful launch of its global cryptocurrency exchange, Investment Evolution Exchange (“IECX”), in Malta. IEC Ltd also recently launched its own cryptocurrency, Investment Evolution Coin, in June 2018 which now trades on IECX. IECX has strong confidence in the Malta blockchain industry and infrastructure, with plans to invest over 2 million Euro into the Maltese economy. IECX is currently hiring a team of local employees for its St Julian’s, Malta global head office and is accepting applications on its website for cryptocurrency coins/tokens to be listed for trading on IECX. Company management looks forward to showcasing the IECX cryptocurrency exchange and related blockchain services in the upcoming Malta Government sponsored Delta Summit from October 3rd – 5th, 2018.
Junior Minister for Financial Services, Digital Economy and Innovation Silvio Schembri welcomed Investment Evolution’s ongoing investment plans in Malta and the growing blockchain ecosystem and infrastructure. “Since the enactment of the 3 Bills into law, Malta is increasingly becoming a natural choice amongst companies within the blockchain and crypto sphere and this is due to the legal certainty Malta provides to the new emergent industry. I look forward to working with IEC and to seeing the company applying all the necessary liscencee according to the regulatory requirements,” said Schembri while thanking IEC for choosing to be part of Malta’s Blockchain Community. Silvio Schembri added that in few weeks time Malta will demonstrate its remarkable achievements in this sector. “This will take place between 3rd-5th October during DELTA Summit, Maltese Government official Blockchain event and I invite companies within this sphere to be part of DELTA Summit which will celebrate Malta, as a leader in DLT Regulation,” said Schembri.
Paul Mathieson, IEC Ltd’s Chairman and Chief Executive Officer, said, “We are very excited to have launched our IECX global cryptocurrency exchange in Malta, the world’s leading regulated crypto and fintech jurisdiction. Our team conducted extensive research which included visiting many other potential jurisdictions across the globe and determined Malta was the standout location for our cryptocurrency exchange, with the added benefit of Malta being a European Union member. Three recent Malta government bills, passed into law in July, provide a strong regulatory framework that will support the blockchain industry and provides certainty for companies like IECX. We thank the Malta Prime Minister, Joseph Muscat, and the Junior Minister for Financial Services, Digital Economy and Innovation within the Office of the Prime Minister, Silvio Schembri, for their vision and leadership in transforming Malta into the world’s first and only blockchain island. We look forward to working closely with the Government of Malta and being a key part of the expected exponential blockchain industry growth in Malta over the coming years.”
About Investment Evolution Exchange
IECX currently trades Investment Evolution Coin (IEC) and Bitcoin (BTC) and will shortly add other cryptocurrencies to the exchange such as Ethereum (ETH). IECX also plans, in coordination with a leading Malta bank, to add EUR/USD fiat deposits/withdrawals and direct EUR/USD fiat to crypto trading.
For more information about IECX, please visit https://exchange.investmentevolution.com
About Investment Evolution Coin Ltd.
IEC Ltd is an unlisted public company with its own cryptocurrency, Investment Evolution Coin (“IEC”) that currently trades on IECX and PayBito global exchanges. 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 owns the global cryptocurrency exchange Investment Evolution Exchange (IECX) in Malta, provides cryptocurrency token creation/exchange listing services utilizing the IEC network and plans to offer IEC cryptocurrency loans to its payments customers in the future.
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