GLOSFER and COINVIL Signs a MOU for Establishment of Cryptocurrency Exchange in Philippines

May 03, 2018

GLOSFER and COINVIL signed a MOU (Memorandum of Understanding) for co-operating a cryptocurrency exchange in Philippines.
While COINVIL establishes and operates Philippine corporate, GLOSFER is going to provide all sorts of solutions that will be needed. Both companies are also going to decide on security policies on their cryptocurrency exchange and cooperate in establishing a security system.

GLOSFER made an announcement that it signed off on a MOU with COINVIL for operation of a cryptocurrency exchange in Philippines.  Vice-President (Starting from the left) Kim Byung-cheol of GLOSFER and CEO Park Rae-hyun of COINVIL took a commemorative picture. <GLOSFER made an announcement that it signed off on a MOU with COINVIL for operation of a cryptocurrency exchange in Philippines. Vice-President (Starting from the left) Kim Byung-cheol of GLOSFER and CEO Park Rae-hyun of COINVIL took a commemorative picture.>

“Philippines will be the biggest trading country for cryptocurrency that acts as a bridgehead for Europe and Asia.” said CEO Park Rae-hyun of COINVIL. “Besides cryptocurrency exchanges, various businesses such as formation of investment funds for blockchain industries and others will occur from Philippines.”
“We are going to pioneer cryptocurrency markets in Philippines through solutions and knowhow from GLOSFER.” said CEO Kim Tae-won of GLOSFER.
Staff Reporter Ham, Jihyun | goham@etnews.com

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