Business
AuthentaTrade retains prominent Cyprus Law Firm Parparinos Milonas to assist in seeking Cyprus Investment Firm designation.
AuthentaTrade retains prominent Cyprus Law Firm Parparinos Milonas to assist in seeking Cyprus Investment Firm designation..
About this update from Standard Dental Labs Inc.
[{"type":"text","content":"AuthentaTrade retains prominent\nCyprus Law Firm Parparinos Milonas to assist in seeking Cyprus Investment Firm\ndesignation.NEW YORK, NY / December 2, 2015 / Costas Inc. (OTC Pink:\nCSSI) Costas Inc. (CSSI) and AuthentaTrade Inc. (the Company) are pleased to\nannounce that AuthentaTrade (AT) has retained Cyprus law firm Parparinos\nMilonas Corporate & Legal Consultants to assist the Company in becoming a\nlicenced Cyprus Investment Firm (CIF). This designation will enable\nAuthentaTrade to operate as a regulated entity throughout the European Union\nand is a major step forward for the Company as it evolves into a significant\nplayer in the Bitcoin and digital currency space.\n\nCostas owns 48% of\nAuthentaTrade Ltd.\n\nThe investment services the\nCompany seeks to be permitted to perform as a CIF include executing\ninvestment orders on behalf of clients, and operation of a multilateral trading\nfacility, such as our AuthentaTrade Bitcoin Exchange and Wallet Platform.\n\n“This is a significant step\nforward for the Company,” commented AuthentaTrade CEO Gwyn Jones. “The\ndevelopment of our proprietary Bitcoin Trading Platform has been a technical challenge\nof incredible proportions. We’re proud of our achievements on that front. Now\nwith the licence to operate a trading facility that is recognized by the EU and\ninternationally we become a legitimate financial entity in the eyes of the\ninvestment community.”\n\nObtaining an investment firm licence\nhas been a major goal of AuthentaTrade since it first started building its\ntrading platform in 2014. Although some Bitcoin Exchanges around the world\noperate in a grey area with neither licensing nor the approval of investment\nregulators, it was clear to AuthentaTrade and its investors from the outset the\nour business model would include offering a full suite of digital exchange\nservices related to the digital currency market. With CIF accreditation, the\nCompany will have the assurance that all the business it conducts is both\nlegitimate and legal.\n\nVisit us today at www.AuthentaTrade.com.\n\nSafe Harbor Act Notice:\n\n\nStatements\ncontained herein that are not historical facts are forward-looking statements\nwithin the meaning of the Securities Act of 1933, as amended. Those statements\ninclude statements regarding the intent, belief or current expectations of t...