Hello dear friends! Today we will talk about the Azbit project. Let's start!
A large amount of funds, which was attracted last year by blockchain projects in the ICO process, has become the subject of much attention from regulators in many countries, primarily due to the large number of fraudulent startups aimed mainly at raising funds, thereby deceiving investors and not fulfilling their obligations. Azbit intends to build transparent, trust-based relationships with partners, minimizing legal risks.
Azbit is a blockchain project that intends to provide access to investment products, as well as traditional financial services for blockchain projects and individuals.
The project plans to use a European banking license that will allow you to meet all legislative requirements for work with Fiat money, to offer maintenance services for existing accounts in the blockchain-companies, startups, and individuals. It will also allow the project to offer access to traditional stock and forex markets. Quotes will be fixed in the blockchain, preventing conflicts of interests between brokers and traders, typical for such services. Traders will be able to use all currently available cryptocurrency instruments, as well as pairs with Fiat currencies and tokens.
In conclusion, it is worth noting. At the moment, not all projects offer a Bank license for their work. Azbit plans to provide it. The project intends to work with blockchain projects and individuals.
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