Regulation of MLM companies, cryptocurrencies/cryptocoins that has long been anticipated in different countries is getting more precisely defined and requires appropriate preparations even by our company.
We have received information that Austria is expecting to get instructions from the Financial Market Authority (FMA) any time soon that will determine future requirements in the Austrian market.
In order to prepare for that, our company management, following the advice of our legal consultants, decided to terminate our network marketing activities and renting of Minting Units in Austria starting from 12/12/2018
No sale activities are permitted in Austria.
We will surely keep you posted on any further developments.
Thanking you for your understanding