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EXcoin Obtains U.S. NFA License Announcement

release time:2020-03-25

On March 23, 2020, EXcoin obtained the US NFA license with license number 0529638. The US NFA license was issued by the National Futures Association (aka.NFA).The National Futures Association (NFA) is a self-regulatory organization for the futures industry established in 1976 in accordance with Section 17 of the US Commodity Exchange Act, which is also a non-profit membership organization. The main function of the NFA is to implement strict management in order for NFA members to strictly comply with federal laws and rules established by the CFTC. 
  The American Futures Association implements strict federal supervision and compliance audits for all companies engaged in financial services, and has formulated highly targeted detailed supervision categories according to the different businesses of each company. Each category of business must meet the corresponding requirements and the regulatory threshold. The strict regulatory system ensures that all financial companies registered in the United States and companies engaged in financial business will operate in strict accordance with the requirements of the NFA to ensure that investors' rights are protected. This license is a CPO fund / fund pool operating agency license, a CTA fund manager / investment advisory agency license, which allows EXcoin to trade funds, foreign exchange and other derivatives. Hereby to inform you with the good news!
  Best, 
  EXcoin reserves the right of final interpretation of this announcement.