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Update on memberships and international regulatory process.

The contents of this announcement are point-in-time statements. Please note the date of publication.

February 22, 2021

We are pleased to inform you that BPS Financial Limited has been accepted as a member of the prestigious global blockchain organisation Enterprise Ethereum Alliance (EEA)

EEA’s vision to have ‘a world of collaboration built on a new foundation of trust’, aligns perfectly with the values that we at Qoin hold so important: Trust, collaboration, growth and empowerment of small business owners and their supporters.

We would also like to update you that our short 11-month relationship with Blockchain Australia has now been terminated.

We wish to ensure you, the members of our greater Qoin community, that our relationship is stronger than ever as we near 50,000 people including close to 28,000 Merchants.

As we commence our second year of operation, Qoin is very proud of what the community has achieved so far. We delivered on our promises in the first year delivering the Qoin Blockchain, the first Qoin Wallet release, launching the Q Shop and positioning Qoin to be listed on BTX Digital Currency Exchange. During last year, there were numerous upgrades to the wallet making for a better user experience and we launched Qoin successfully into the New Zealand market.

In relation to our Global expansion, we have commenced the regulatory process in an additional eight countries. These include Switzerland, South Africa, Singapore, Thailand, Canada, South Korea, Japan and the UK. We recently had discussions with the FCA in the UK around the regulatory requirements and look forward to launching there in the coming months.

Again, we thank the entire Qoin community for your support over the first 12 months and the way that you have embraced the true essence of Qoin, using it to buy and sell everyday goods and services.

We wish the community well for the coming year and may 2021 bring great prosperity to yourselves and your families.