Liquid Crypto Platform Makes Effort to Enter US Market in Collab with Virtual Currency Partners

The cryptocurrency industry has expanded to multiple countries and even continents around the world, as various platforms develop their own assets. The qash token, for example, is the result of Liquid Group’s hard work, and a new partnership is taking the asset to the United States, pending regulatory approval.

  • Liquid enters the joint project with Virtual Currency to break into the market.
  • CEO of Liquid Group says that the US is one of the biggest markets for cryptocurrency in the world.

Emerging in the crypto atmosphere of another country requires a little collaboration, which Liquid has found in their efforts. The crypto trading platform has created a joint venture with Virtual Currency Partners, which will allow them to get into the US market, according to Cointelegraph Japan’s report on May 15th.

After reaching $1 billion in their valuation last month, the Japanese company was given unicorn status. Now, the venture that Liquid will be taking on will be called Liquid Financial USA, which will introduce the US to their native token – qash – for trading and other activities. However, the crypto asset is still waiting for approval from regulators to function.

So far, the venture has acquired a company that the Financial Crimes Enforcement Network has already registered – IQX. The co-founder and CEO of Liquid Group, Kariya Kashimori, commented that the United States has one of the biggest markets for cryptocurrency in the world. This activity is what has sparked interest amongst the community and clients of qash, and Liquid is hoping to serve customers in the US by the beginning of next year.

Quoine, the parent company, is already licensed by the Financial Services Agency in Japan. Director Katsuya Konno of Quoine spoke last month about the ways that the changes will be used for global expansion. This path also includes entry to the security token market and the development of the trading business for Liquid and Quoine.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Krystle M
Krystle is an American cryptocurrency blogger that wants to see the future of crypto and blockchain technology evolve. She has been writing about cryptocurrency for about a year, with a special interest in blockchain technology and regulatory measures around the world. While away from writing and learning about the changes in the cryptocurrency industry, she likes to indulge in science fiction novels and further her experience in playing both guitar and piano.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Compound Protocol to Roll Out Decentralized Oracles Dubbed ‘Open Price Feed'

Compound, one of the most popular defi protocol, is all set to introduce open price feeds for lending on its platform using a decentralized...

$2 Million Slippage & Surge in Ether Price on Uniswap Helps Net $40k in Profit

A Uniswap user was able to profit $40,000 thanks to $2 million of slippage and the price of Ether surging north of 15%. It all...

Irish Govt to Target Cryptocurrencies Use in Money Laundering And Terror Financing

The Irish government aims to implement stricter and more stringent laws to curb money laundering and terrorism financing in its financial system, including digital...

Interactive Brokers to Settle $38 Million in Penalties for Violating AML Procedures

Interactive Brokers LLC, a U.S based brokerage that skyrocketed between 2013 and 2018, has agreed to settle a total of $38 million with the...

Ethereum Gas Price Hasn’t Been This High Since its Launch

The price of Ether is back to making its way to $400 level as it hovers around $391 in the green with just $840...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today