Bitcoin to be Accepted on the CurrencyWorks Security Token Reporting System as a Form of Payment
16 Februar 2021 - 3:15PM
CurrencyWorks Inc. (“CWRK” or “CurrencyWorks”) (TSXV and OTCQB:
CWRK), builds and operates FinTech Platforms for Digital
Currencies, Digital Assets and Security Tokens, today announced
that the security token reporting system being developed for
exchanges will accept Bitcoin.
The blockchain platform being developed for
exchanges will have the ability to accept Bitcoin as a form of
payment. CurrencyWorks announced the creation of a token reporting
system for exchanges in December of 2020 providing various
integration services, as well as a Testnet and smart contract
platforms to be used to test and validate the process of issuing
security tokens.
Cameron Chell, Chairman of CurrencyWorks,
stated: “The ability to accept Bitcoin as a form of exchange for
the purchase and sale of Security Tokens is the next step in
helping enable value and liquidity into the burgeoning Security
Token Market. Bitcoin is moving beyond the world of a
hard-to-access form of payment, to the mainstream.”
“CurrenyWorks has been at the forefront of
monetizing alternative currencies in regulated environments from
the beginning,” said Bruce Elliott, President of CurrencyWorks. “We
are excited to add Bitcoin to our token reporting system which
enables companies to raise capital without necessarily diluting
equity.”
For more information on this announcement,
please contact Bruce Elliott at
bruce.elliott@currencyworks.io.
About CurrencyWorks
CurrencyWorks Inc. (TSXV: CWRK and OTCQB: CWRK)
is a publicly traded company that builds and operates FinTech
Platforms for Digital Currencies, Digital Assets and Security
Tokens.
For more information on CurrencyWorks, please visit
us at: www.currencyworks.io. For additional investor info visit
www.currencyworks.io or www.sedar.com and
www.sec.gov searching CWRK.
Media ContactArian
Hopkinsarian@currencyworks.io
Company ContactBruce Elliott, PresidentPhone:
424-570-9446Bruce.elliott@currencyworks.io
Investor InquiriesPhone: 424-570-9446 ext.
8ir@currencyworks.io
Disclaimer for Forward-Looking
Statements
This news release contains “forward-looking
statements.” Statements in this news release that are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements include,
among other things,: that the ability to accept Bitcoin as a form
of exchange for the purchase and sale of Security Tokens is the
next step in helping enable value and liquidity into the burgeoning
Security Token Market; and that CurrencyWorks is excited to add
Bitcoin to its token reporting system which enables companies to
raise capital without necessarily diluting equity.
The material assumptions supporting these
forward-looking statements include, among others, that there will
be no material variations in current regulatory environments in
which CurrencyWorks Inc. (the “Company”) operates; the perceived
benefits from the Company’s blockchain solutions will be as
expected; and the Company will be able to obtain any necessary
financing on acceptable terms. Although management considers these
assumptions to be reasonable based on information currently
available to it, they may prove to be incorrect. These
forward-looking statements are only predictions and involve known
and unknown risks, uncertainties and other factors, including: the
risk that the Company will be unable to efficiently build the
blockchain solutions; the risk that there may be negative changes
in general economic and business conditions; the risk that the
Company may have negative operating cash flow and not enough
capital to complete the blockchain solutions; the risk that the
Company may not be able to obtain additional financing as
necessary; the risk that there may be increases in capital and
operating costs as a result of working on the blockchian solutions;
the risk that the blockchain solutions may be subject to fraud and
other failures; the risk that there may be technological changes
and developments in the blockchain that make the blockchain
solutions obsolete; risks relating to regulatory changes or actions
which may impede the development or operation of the blockchain
solutions; the risk that other competitors may release similar
blockchain solutions; and other general risks involved in the
blockchain solutions.
Any of these risks may cause the Company’s
actual results, levels of activity, performance or achievements to
be materially different from any future results, levels of
activity, performance or achievements expressed or implied by these
forward-looking statements. Further, although the Company has
attempted to identify factors that could cause actual results,
levels of activity, performance or achievements to differ
materially from those described in forward-looking statements,
there may be other factors that cause results, levels of activity,
performance or achievements not to be as anticipated, estimated or
intended. These forward-looking statements are made as of the date
of this news release, and the Company assumes no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements, except as required by applicable law,
including the securities laws of the United States and Canada.
Although the Company believes that any beliefs, plans, expectations
and intentions contained in this news release are reasonable, there
can be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
CurrencyWorks (TSXV:CWRK)
Historical Stock Chart
Von Dez 2024 bis Jan 2025
CurrencyWorks (TSXV:CWRK)
Historical Stock Chart
Von Jan 2024 bis Jan 2025