EVX announced that their project has managed to receive approval from the state of New Jersey in the United States of America to onboard its users and to perform crypto-to-crypto domestic, as well as international transactions.
EVX
@everexio
We’re excited to share with you that EVX received approval from the United States - the State of NJ to onboard users and perform crypto-crypto domestic and international transactions
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8:40 AM - Mar 25, 2019
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Everex is able to start onboarding US clients.
From the desk of Anna Vladi, COO of Everex, New York, NY:
blog.everex.io
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The reason for which this seems to be so significant for the price is because Everex is primarily a Singapore-based company with a main focus on Asian markets. Hence, taking its technology to the US and making sure that it is a compliant transacting technology substantially expands the project’s reach.
Big news of the kind have the tendency to move price substantially, even though it’s important to note that an increase of more than 280 percent in 48 hours remains somewhat unorthodox.
Furthermore, a few days ago, EVX announced that it is being supported by the Ethos Universal Wallet, essentially improving its adoption further.