COINQVEST, a cryptocurrency price gateway, and API resolution, this day announced the approval of its application for the European Union Digital Forex Carrier Provider License from the Estonian Government. Besides its most unusual suite of on-line price products and companies, this enables COINQVEST to purpose compliantly and provide custodial pockets alternate options to purchasers besides offer cryptocurrency and fiat alternate or hideous-border remittance.
“It has repeatedly been one of our wishes to present compliant cryptocurrency price processing in repeat to develop transparency and belief in blockchain-basically based fully payments in current, and our resolution namely. Acquiring a crypto license is a major cornerstone in the organizational pattern of COINQVEST and would possibly possibly perchance additionally abet us invent new industry relationships faster.”
– COINQVEST Co-Founder, Stefan Schneider
COINQVEST offers an on-line cryptocurrency price processor carrier for retailers seeking to fair win cryptocurrency payments. The product converts sales in cryptocurrencies comparable to bitcoin to a fiat currency stablecoin; then is transferrable to a non-custodial crypto pockets or exchanged and deposited to a checking narrative. With this license, COINQVEST can now additionally provide true and helpful custodial wallets for retailers, complying with mandatory laws besides AML/KYC standards.
The COINQVEST platform is constructed on the Stellar Network, a number one blockchain in the market. Many companies, attempting to search out alternate options to bridge the gap between dilapidated and stylish monetary instruments, pick Stellar as a foundation. Its transaction escape, native decentralized alternate (DEX), and true protocols blueprint it the supreme ecosystem for COINQVEST’s monetary carrier.