Coinsilium Group Limited Investee Company Update
12 August 2016 - 1:19PM
UK Regulatory
TIDMCOIN
12 August 2016
COINSILIUM GROUP LIMITED?
("Coinsilium" or the "Group")
MEXBT ANNOUNCES A TEMPORARY SUSPENSION TO REVIEW ITS OPERATIONS
MeXBT, a company in which Coinsilium Group Limited (ISDX:COIN), the ISDX quoted
blockchain technology investment and development company, has a 17.64% equity
interest in, has announced a temporary suspension to conduct a review of its
exchange operations.
As of August 12th 2016, the management of MeXBT has posted a message in Spanish
language on its home page which is translated into English below:
"Dear Users: We are making a temporary suspension for a review of the
operations of the meXBT exchange.
All accounts of our users will remain on the same terms and we will resume
consultations, deposits and withdrawals as soon as meXBT operations are
restored.
All questions from our users may be directed to informes@mexbt.com."
The management of meXBT has not disclosed the motives for the review but has
assured to update the meXBT stakeholders as soon as the review is complete.
The Directors of Coinsilium take responsibility for this announcement.
Notes to Editor
About meXBT
MeXBT has launched in November 2014 as a digital currency exchange in Mexico
and has since then expanded its operations internationally through deals and
partnerships with other exchanges in Latin America and in Asia. MeXBT has
recently been focusing on cross-border transfers for small and medium-sized
enterprises (SMEs) in emerging markets and participated earlier this year to an
accelerator program in Shanghai, China.
About Coinsilium Group
Coinsilium is a London-based blockchain technology focused investment and
development company, supporting early-stage blockchain companies through
investment, acceleration, development and education.
Coinsilium is the world's first blockchain technology focused company to be
admitted to trading on an Exchange Regulated Market and has a portfolio of
interests in blockchain companies and projects. In addition to pursuing its
investment strategy Coinsilium is able to offer a suite of services including
corporate/business advisory, CPD accredited training & education, investment
solutions, in-house development and other professional services to blockchain/
fintech companies and major corporates wanting to learn more about blockchain
technology and its implications to the way the world transfers value over the
internet.
For further information please visit http://www.coinsilium.com/
Or please contact the following:
Eddy Travia / Laurent Coinsilium Group Limited +44 (0) 207 099 0740
Kssis
Peter Shea / Asha Daniel Stewart & Company (Corporate +44 (0) 207 776 6550
Chotai Adviser)
Nick Emerson / Andy SI Capital Limited (Joint Broker) +44 (0) 1483 413 500
Thacker
Jan Skoyles Coinsilium Group Limited (Marketing) janskoyles@coinsilium.com
END
(END) Dow Jones Newswires
August 12, 2016 08:19 ET (12:19 GMT)