NetworkNewsBreaks – Virtual Crypto Technologies

NetworkNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Holds Favorable Position as SEC Makes Encouraging Remarks Regarding Cryptocurrencies

Cryptocurrency-focused technology company Virtual Crypto Technologies (OTCQB: VRCP) this morning announced that it is encouraged as regulatory sentiment in the United States seems to be moving in favor of cryptocurrencies. The U.S. Securities and Exchange Commission (“SEC”) is presently considering a Bitcoin exchange-traded-fund (“ETF”) proposed by the Chicago Board Options Exchange, with a substantial majority of the public demonstrating support for Bitcoin ETF. “The fact that a regulatory body as important as the SEC is seriously considering a Bitcoin ETF, as well as notable development in the cryptocurrency ecosystem such as MasterCard’s intention to allow blockchain currencies to be transacted on traditional payment channels, validates our vision that cryptocurrencies are here to stay and that an era of virtual coins as a payment method for the masses is just around the corner,” Virtual Crypto CEO Alon Dayan stated in the news release.

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