Netcoins Launches in 42 US States, Effective Immediately
October 18, 2018
Netcoins Holdings Inc. (“NETC” or the “Company“) (CSE: NETC) (OTC: GARLF) is pleased to announce that today it has launched OTC services, for buy and sell side transactions, in 42 States in the United States. In these 42 States, Netcoins has met the regulatory frameworks in place, which cover cryptocurrency, in order to begin operating its OTC services. These frameworks continue to evolve and Netcoins will add or remove certain States as possible and/or required. Netcoins can also begin establishing retail locations in these States effective immediately.
The 42 States include:
California, Texas, Illinois, North Carolina, Massachusetts, Tennessee, Kansas, Idaho, New Hampshire, Montana, Alaska, Wyoming, Pennsylvania, Ohio, Michigan, New Jersey, Arizona, Indiana, Missouri, Maryland, Wisconsin, Minnesota, South Carolina, Louisiana, Kentucky, Oklahoma, Connecticut, Iowa, Utah, Arkansas, Nevada, Mississippi, New Mexico, Nebraska, West Virginia, Hawaii, Maine, Rhode Island, Delaware, South Dakota, North Dakota, and Vermont.
“Netcoins is thrilled to be able to accept crypto purchases and sales from US-based customers, investors and institutions across a vast majority of the United States. We will also add to our active list of States in operations as we comply with the remaining state regulations, including a planned Bit License in New York,” says Netcoins CEO, Mark Binns. “We can now establish retail locations, and have opened our OTC desk to a very broad customer base in the US. Netcoins aims to become a leading crypto brokerage in the US, starting today.”
About the Company
The Company is in the business of developing software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor through brokerage services. Netcoins enables crypto transactions via 21,000+ retail locations globally and an Over-The-Counter (OTC) trading desk.
ON BEHALF OF THE BOARD OF DIRECTORS
CEO and Director
For Investor Relations Inquiries please contact Netcoins at 778.785.1175 or email [email protected]
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding “Forward-Looking” Information
This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company’s current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.