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LCX.com Launches Regulated Cryptocurrency Exchange

von LCX Team · January 5, 2021 · Updated January 12, 2021

LCX.com had been operating a simplified exchange service since 2019. Users could convert BTC or ETH into our LCX Token. 

Today we’re excited to announce the launch of our full exchange platform as a regulated and compliant digital currency exchange. LCX Exchange is available at https://exchange.LCX.com/

We secured approvals of eight registrations – more than any other company – under the new Blockchain laws in Liechtenstein last week.

The LCX Exchange is a regulated trading venue offering a range of digital currencies. The cryptoassets trading platform has been built from the ground up, leveraging the proficiency of our progressive crypto portfolio desk, LCX Terminal, LCX DeFi Terminal and our sophisticated crypto compliance suite. Initially LCX.com will offer the most popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC) and LCX Token ($LCX).

On Dec. 30, 2020 we secured approvals of 8 registrations with the registration Nr 288159, which makes it the first cryptocurrency platform to achieve this important regulatory milestone in Liechtenstein, allowing LCX to offer the broadest scope of blockchain services.

“LCX Exchange is a new generation of cryptocurrency exchange. 2021 will be the year of blockchain innovation and we see crypto compliance as key to success,” says Monty Metzger, CEO & Founder of LCX.com.

The registration approvals includes our compliant crypto exchange (Exchange Service Provider), LCX Vault for digital asset and crypto custody (Token Depositary and Key Depositary), our LCX Crypto Reference Prices as reliable price oracles (Price Service Provider), our KYC, AML and crypto compliance services for tokenization and other blockchain projects (Identity Service Providers), our safe and secure smart contract creation and delivery (Token Generator) and our token offering platform (Token Issuer on behalf of the clients). 

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LCX AG, Herrengasse 6, 9490 Vaduz, Liechtenstein, commercial register FL-0002.580.678-2. LCX AG has applied for authorisation as a crypto-asset service provider under MiCA (EU 2023/1114); the application is under review by the Financial Market Authority (FMA) Liechtenstein. LCX AG is not currently authorised under MiCA. LCX does not offer crypto-asset services to persons in the EEA pending authorisation; existing EEA clients are limited to withdrawals during the wind-down (see MiCA Notice). Crypto-assets involve significant risks, including total loss. LCX does not provide services to persons in the United Kingdom or the United States (Jurisdiktionshinweis).

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