Binance LCX Launches Liechtenstein-Based Fiat-To-Crypto Exchange
World’s leading cryptocurrency exchange by volume Binance has partnered with Liechtenstein Cryptoassets Exchange (LCX) to launch a partnership named Binance LCX.
The partnership is aimed at providing and maintaining the tech for the new Liechtenstein-based fiat-to-crypto exchange, while Binance LCX will manage customer support, legal requirements, due diligence, KYC, AML and government communication.
“We are confident that Liechtenstein’s existing and future legal framework and practice provide a robust foundation for the Binance LCX and other blockchain companies to provide exceptional services here in Liechtenstein.
— LCX (@lcx) 16 August 2018
“Professional investors need a reliable fiat channel to invest into crypto assets,” said Monty C. M. Metzger, CEO of LCX. “We are excited to launch the joint-venture with Binance to establish new standards for the blockchain industry.”
Binance founder Changpeng ‘CZ’ Zhao, “I believe Binance LCX will create a sustainable and reliable fiat-crypto gateway for professional and regular investors alike.
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