Pundi X has been tapped as a partner for the futuristic city development in Phnom Penh — the 100-hectare mixed-use private development project in the Cambodian capital whose digital infrastructure will be permeated by blockchain.
A busy February saw us bring on a host of new XPOS merchants, new features for the XPhone and intended compliance updates to adhere to the everchanging regulatory landscape ahead of the launch of the Function X.
To better comply with ever-changing regulatory requirements, our legal team has advised the company to release the remaining unlocked tokens, starting from April 1, 2019, and to complete the program early by the end of June, 2019.
Is 2019 going to be a bear year or a bull year for cryptocurrencies? I’ll leave the prognostication up to the crystal ball gazers. But what I can say with certainty is that 2019 is going to be a year of more aggressive regulatory development governing crypto and increased scrutiny of crypto-related businesses.
Thank you for participating in the AMA session. Please find a summary of Zac’s answers below (some answers have been lightly edited for clarity and conciseness).
Dear Pundians, Mass adoption of blockchain-based technology in retail payments has always been the vision of the Pundi X project. We’ve been steadily building to deliver the vision over the past year. Today we have an ecosystem comprising our XPOS devices, XPASS cards and our new mobile app, the XWallet. Since last August, thousands of… Continue reading f(x) token allocation to NPXS and NPXSXEM holders
Dear Pundians, As announced in the AMA session on December 29 and our year-end report, today we took out a total of approximately 9.7 billion tokens (5.7 billion NPXS and 4 billion tokens NPXSXEM) from the supply. Equivalent of 4.1 million US dollars worth of value as of January 3, 2019. Here is the hash of the execution: NPXS… Continue reading 9.7 billion NPXS/NPXSXEM token removed