2018-7-18 12:44 |
The Litecoin Foundation has received a 9.9% stake in Germany’s WEG Bank and aims to use its position to promote the spread of crypto coins, with Lee expected to get a position as a board member.
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Litecoin founder Charlie Lee provided some details about recent acquisition of Litecoin Foundation, and stated that he expects to receive a board position at the German WEG bank, which will positively influence the further adoption of cryptocurrencies in the bank’s operations.
2018-7-18 10:46 | |
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Litecoin founder Charlie Lee posted on Reddit today, July 17, to clarify his position within the Litecoin Foundation and the future of the Foundation following its acquisition of a stake in German bank WEG Bank AG.
2018-7-18 08:09 | |
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The deal for a 9.9 percent stake in WEG Bank AG resulted through a partnership with the crypto startup TokenPay, as previously reported. According to Lee, that best-case scenario would see WEG Bank attempt to launch crypto products and services – but that’s not a done deal by any means, the litecoin creator conceded. He
2018-7-18 02:27 | |
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Litecoin (LTC) Founder Charlie Lee has initiated an Ask Me Anything (AMA) on Reddit to proffer answers to certain gray areas regarding Litecoin Foundation’s partnership with TokenPay which resulted in the later transferring 9.
2018-7-17 20:37 | |
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The Litecoin Foundation has acquired a 9.9% stake in WEG Bank from TokenPay in a deal that will see the two companies partner to develop cutting-edge fintech products. The stake had been purchased previously by TokenPay, but the Swiss startup handed it to the Litecoin Foundation in exchange for its expertise in the development of […]
2018-7-14 00:00 | |
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In an interview with Cheddar, Charlie Lee, the Founder and Managing Director of Litecoin [LTC] has opened up on his future plans for the cryptocurrency. The discussion covered Litecoin’s recent partnership with TokenPay, its stake purchase in WEG Bank, Robinhood listing Litecoin, and its adoption by other merchants and exchanges. The scientist started by answering […]
2018-7-13 20:12 | |
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Litecoin founder, Charlie Lee, has disclosed that its foundation which oversees all affairs related to the cryptocoin was having trouble getting a bank account, resulting in the firm buying a stake in a Germany-based WEG Bank.
2018-7-13 23:40 | |
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Tokenpay Swiss AG has officially confirmed that it has acquired a 9. 9 percent stake in WEG Bank AG in partnership with the Litecoin Foundation. The terms of the agreement will also include options to purchase approximately 90% overall of the bank, pending the customary regulatory approval.
2018-7-12 02:40 | |
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The blockchain company is reportedly going to acquire the remaining shares in WEG Bank after getting approval from regulatory bodies in Germany. The post TokenPay Passes Circa 10 Percent Stake in German Bank to Litecoin Foundation for Technical Assistance appeared first on CoinSpeaker.
2018-7-12 02:13 | |
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The Litecoin (LTC) Foundation has acquired a 9.9 percent stake in Germany’s WEG Bank AG. TokenPay has now transacted its 9.9 percent equity share of the bank to the Litecoin Foundation in exchange for an agreement that will see the Foundation providing its blockchain, marketing and logistics expertise to the benefit of TokenPay’s cryptocurrency and
2018-7-11 17:06 | |
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Litecoin Foundation, the non-profit that supports the popular cryptocurrency, has acquired a near 10 percent stake in a German bank. The deal comes as the result of an agreement with TokenPay, a crypto-to-fiat payments firm, according to an announcement on Tuesday.
2018-7-11 16:43 | |
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The Litecoin Foundation has now acquired a 9.9% stake in Germany’s WEG Bank AG, as a result of a new strategic partnership with crypto-fiat payments firm TokenPay
2018-7-11 15:15 | |
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The acquisition is part of a broader deal between the foundation and TokenPay crypto company, which includes LTC support for TPAY and EFIN coins, and eFin virtual exchange.
2018-7-11 12:34 | |
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In May 2018, TokenPay Swiss AG joined with WEG Bank in Germany. The former attained a 9. 9 percent stake in the bank, along with the option to purchase as much as 90 percent, pending regulatory approval.
2018-7-11 01:20 | |
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Charlie Lee, the founder of Litecoin, recently took to Twitter to announce a partnership with TokenPay, that will see the two collaborate with a German bank. TokenPay Buys a Stake in German Bank TokenPay, a Switzerland-based cryptocurrency payment platform, recently announced that it would be securing a deal with the privately owned WEG Bank in Germany.
2018-7-11 00:00 | |
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