For the people who do not know what QASH is, I suggest to read this post:
Mike Kayamori (CEO of QUOINE):
Dear QUOINE Telegram Users
Good Saturday afternoon.
I couldn’t keep my weekly friday update but please kindly find my quick summary for this past week.
First from the market perspective, the price of BTC, ETH and altcoins continue to be volatile. With CBOE Bitcoin Futures listed on 10th Dec and with the upcoming CME Bitcoin futures listing on 18th Dec, we believe the market will continue to be sensitive. During these times, we urge our users to trade with caution.
On our side, we continue to improve the performance of our platform. I believe we no longer have serious issues but this is still a quick fix. By the end of the year, we hope to migrate to a new matching engine and revamp our platform. We appreciate your patience and support during this time.
From the customer champion (support) team, we are working around the clock as well as aggressively hiring. We are also looking at outsourcing partners to cope with the demand. We hope to have our outsourcing partner up and running by the end of Jan. We are also looking into processing withdrawals twice a day but will need to revisit our internal processes to make this happen. We will let you know more in the future.
On the QUOINEX partnership side, we are discussing with several key white label opportunities which we hope to sign an agreement with one key partner soon. This will be our first white label partnership outside of Japan and will allow us to scale globally. This is also part of our global liquidity partnership and will also be our first partnership to allow QASH holders to pay for the services in QASH token. Exciting times.
On the ICO front, the Japan FSA has made it clear that ICOs in Japan will now need to go through registered/licensed exchanges such as QUOINEX. This is a blessing and curse. This solidifies QRYPTOS/QUOINEX to become the leading ICO platform (in Japan and global) but will also put a lot of responsibility on our shoulders as we will now be responsible for the conduct of token.
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