Los Angeles CA, Feb. 16, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CWRK” or “CurrencyWorks”) (TSXV and OTCQB: CWRK), builds and operates FinTech Platforms for Digital Currencies, Digital Property and Safety Tokens, immediately introduced that the safety token reporting system being developed for exchanges will settle for Bitcoin.
The blockchain platform being developed for exchanges could have the power to simply accept Bitcoin as a type of cost. CurrencyWorks introduced the creation of a token reporting system for exchanges in December of 2020 offering varied integration providers, in addition to a Testnet and sensible contract platforms for use to check and validate the method of issuing safety tokens.
Cameron Chell, Chairman of CurrencyWorks, said: “The flexibility to simply accept Bitcoin as a type of change for the acquisition and sale of Safety Tokens is the subsequent step in serving to allow worth and liquidity into the burgeoning Safety Token Market. Bitcoin is transferring past the world of a hard-to-access type of cost, to the mainstream.”
“CurrenyWorks has been on the forefront of monetizing various currencies in regulated environments from the start,” stated Bruce Elliott, President of CurrencyWorks. “We’re excited so as to add Bitcoin to our token reporting system which permits corporations to lift capital with out essentially diluting fairness.”
For extra info on this announcement, please contact Bruce Elliott at email@example.com.
CurrencyWorks Inc. (TSXV: CWRK and OTCQB: CWRK) is a publicly traded firm that builds and operates FinTech Platforms for Digital Currencies, Digital Property and Safety Tokens.
For extra info on CurrencyWorks, please go to us at: www.currencyworks.io. For extra investor data go to www.currencyworks.io or www.sedar.com and www.sec.gov looking out CWRK.
Bruce Elliott, President
Cellphone: 424-570-9446 ext. 8
Disclaimer for Ahead-Wanting Statements
This information launch incorporates “forward-looking statements.” Statements on this information launch that aren’t purely historic are forward-looking statements and embrace any statements concerning beliefs, plans, expectations or intentions concerning the long run. Such forward-looking statements embrace, amongst different issues,: that the power to simply accept Bitcoin as a type of change for the acquisition and sale of Safety Tokens is the subsequent step in serving to allow worth and liquidity into the burgeoning Safety Token Market; and that CurrencyWorks is happy so as to add Bitcoin to its token reporting system which permits corporations to lift capital with out essentially diluting fairness.
The fabric assumptions supporting these forward-looking statements embrace, amongst others, that there will likely be no materials variations in present regulatory environments wherein CurrencyWorks Inc. (the “Firm”) operates; the perceived advantages from the Firm’s blockchain options will likely be as anticipated; and the Firm will be capable to acquire any vital financing on acceptable phrases. Though administration considers these assumptions to be affordable primarily based on info at present obtainable to it, they could show to be incorrect. These forward-looking statements are solely predictions and contain recognized and unknown dangers, uncertainties and different components, together with: the chance that the Firm will likely be unable to effectively construct the blockchain options; the chance that there could also be damaging modifications typically financial and enterprise circumstances; the chance that the Firm could have damaging working money move and never sufficient capital to finish the blockchain options; the chance that the Firm could not be capable to acquire further financing as vital; the chance that there could also be will increase in capital and working prices on account of engaged on the blockchian options; the chance that the blockchain options could also be topic to fraud and different failures; the chance that there could also be technological modifications and developments within the blockchain that make the blockchain options out of date; dangers referring to regulatory modifications or actions which can impede the event or operation of the blockchain options; the chance that different rivals could launch related blockchain options; and different basic dangers concerned within the blockchain options.
Any of those dangers could trigger the Firm’s precise outcomes, ranges of exercise, efficiency or achievements to be materially completely different from any future outcomes, ranges of exercise, efficiency or achievements expressed or implied by these forward-looking statements. Additional, though the Firm has tried to determine components that might trigger precise outcomes, ranges of exercise, efficiency or achievements to vary materially from these described in forward-looking statements, there could also be different components that trigger outcomes, ranges of exercise, efficiency or achievements to not be as anticipated, estimated or meant. These forward-looking statements are made as of the date of this information launch, and the Firm assumes no obligation to replace the forward-looking statements, or to replace the the reason why precise outcomes might differ from these projected within the forward-looking statements, besides as required by relevant legislation, together with the securities legal guidelines of the US and Canada. Though the Firm believes that any beliefs, plans, expectations and intentions contained on this information launch are affordable, there may be no assurance that any such beliefs, plans, expectations or intentions will show to be correct.
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