VANCOUVER, British Columbia, November 14, 2022 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W)Netcoins owners (Netcoins.ca When Netcoins.com) (“Netcoins”), an online cryptocurrency brokerage that makes it easy for Canadians to buy, sell and understand cryptocurrencies, and Blockchain Intelligence Group (blockchain group.io) (“BIG”), a leading developer of blockchain technology search, risk scoring and data analytics solutions, today announced its commitment to a transparent and compliant crypto industry in Canada and the world. In addition, BIGG and its operating subsidiaries also have exposure to FTX, FTT Tokens, Alameda Research, Crypto.com, or Cronos Tokens.
Regulated, Trusted and Secure
BIGG’s virtual currency brokerage subsidiary, Netcoins, is fully regulated in Canada and is registered with the Securities Commissions of British Columbia and Ontario, and with the Securities Commissions of all other Canadian provinces and territories. increase. Pursuant to these registries, Netcoins will hold client assets in a safe and insured environment with licensed third-party custodians. Netcoins does not lend, trade, invest, or mix customers’ digital or fiat assets with company assets.
All client fiat currency deposits (e.g. Canadian dollars) are held in designated insured trust accounts at regulated Canadian financial institutions. It is also held separately from Netcoins’ operating funds. This means that Netcoins may not use Customer Funds for business, operating expenses, or other corporate related expenses.
Netcoins has never owned or listed for trading FTT or Cronos tokens and has no exposure to such tokens.
As BIGG is a publicly traded company, it has additional financial, operational and disclosure requirements. Our finances and business operations are available publicly on SEDAR at any time.
BIGG CEO Mark Binns said: The events of last week are difficult to see as the crypto sector is reeling from the collapse of FTX. It creates opportunities to work with more exchanges on security and accountability, highlighting the safety and competitiveness of Netcoins in Canada and the United States. market.
on behalf of the board
PR for investors
About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the future of cryptocurrency is a secure, compliant and regulated environment. BIGG invests in products and companies to support this vision. BIGG has his three portfolio companies: Netcoins (netcoins.ca), Blockchain Intelligence Group (blockchaingroup.io), and TerraZero (terrazero.com).
Blockchain Intelligence Group We build technology that enhances compliance and intelligence for the future of crypto. Banks and cryptocurrency companies rely on our technology to monitor the risks of cryptocurrency trading. Investigators and law enforcement quickly identify and track illegal activity. Blockchain Intelligence Group is trusted globally by banks, cryptocurrency companies, law enforcement, fintech, regtech and governments.
net coin develops brokerage and exchange software that makes it easy for mass consumers and investors to buy and sell cryptocurrencies, with a focus on compliance and safety. Netcoins uses BitRank Verified® We put software at the heart of our platform, facilitating crypto trading via Netcoins.app’s self-service crypto brokerage portal.
terra zero is a vertically integrated Metaverse development group and a leading Web 3.0 technology company dedicated to the Metaverse space. His Metaverse-agnostic vision for the company is to develop, acquire and fund the most promising companies, entrepreneurs and developers in the Metaverse. TerraZero also owns digital real estate and provides offices and services to those interested in the Metaverse. BIGG owns approximately 30% of TerraZero.
Certain statements in this release are forward-looking statements, including the completion of search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intentions regarding the future. Such information is generally forward-looking statements such as “may,” “expect,” “estimate,” “expect,” “intend,” “believe,” “continue,” or It can be identified using its negative form, or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements. There is no guarantee that the plans, intentions or expectations on which they are based will be realized. By their nature, forward-looking statements involve a number of general and specific assumptions, known and unknown, that contribute to the possibility that the predictions, estimates, projections, forecasts and other forward-looking statements may not occur. includes the risks and uncertainties of These assumptions, risks and uncertainties include, among other things, general economic conditions, particularly capital markets, and other factors, many of which are beyond BIGG’s control. Any forward-looking statements contained in this press release are expressly qualified by this cautionary statement. You should not place undue reliance on any forward-looking information as BIGG cannot give any assurance that the forward-looking information will prove to be correct. Important factors that could cause actual results to differ materially from his BIGG expectations include consumer sentiment towards BIGG’s products and blockchain technology in general, technology failures, competition, contractual including failure to perform its obligations.
The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, BIGG does not undertake any obligation to comment on any third party expectations or statements made by any third party with respect to the above matters.
CSE is not responsible for the adequacy or accuracy of the contents of this press release.