The Savvy Shopper

The world is becoming globalized with monetary instruments called cryptocurrency.  They range from Bitcoin to the thousands of other cryptocurrencies now available.  We will explain what cryptocurrency is and how it is being regulated.  Here are some key details and support tools to help you understand what they are.  And more importantly how they will impact you.

First, Let’s Break Down the Basics of What Bitcoin Represents:

Bitcoin is the world’s first form of decentralized money.

• It is a store of value that is censorship-resistant; and
• It is unchanging and protected against manipulation by central authorities and governments.  No one entity, person, or control point has any more authority than another.  Ergo, it is consensus verified….. with no one source controlling it.

Because of the decentralized structure and peer-to-peer protocol of Bitcoin; the Bitcoin network is able to operate as its own economy.  This negates the need for intermediaries or third party service providers.

So, with the fast pace of the block chain technologies, comes risk and reward.  Since everything good, has a bad component; consumers must be protected.  Therefore, regulations are taking place across the globe.  Most noteworthy, the leader in making this happen is OMINEX.   As a result, they are the ones to watch.

Cryptocurrency – How to Protect and Operate within Compliance and Legality Internationally:

The leader in this is a company called OMINEX.  OMINEX is backed by the engineering and solutions of regulatory guidelines in the IPO and Crowd Funding Space.  In 2017 they took their knowledge and understandings of regulations to the block chain and ICO space.  Their role in the new future is offering Compliant Token Solutions.

Finally, to handle this huge task, OMINEX put together the “Open Compliance Project” to support international regulations.  This allows for an ongoing platform and support community that can keep up with this infinite space of growth.  New tokens are coming out daily.  Because of this, there needs to be regulation and compliance checking, to protect the users and investors.  The number of new ICO (coin offerings) is in excess of 20 new Token Solutions offered each day.  They have to be regulated to protect the consumers. That is where OMINEX comes in.

Solutions offered include:

• Solutions for vetting and verifying legitimacy of the new coins offered to the World.
• Allowing the Users (via the OMINEX WALLET) to participate in new vetted ICO’s easily.
• Easy access to view the top Coins.
• Being able to buy/sell/acquire them easily, with a single Wallet.
• Paving the way of the Future.  This will be the #1 User Wallet and Solution for accessing and working with Cryptocurrencies.

In conclusion, the things that OMINEX is doing is becoming larger and larger in scale. They are rolling out new benefits and features all the time.  This is especially relevant, in order to handle the demand, that Cryptocurrencies and Block Chain deployment create.