ARCHOS PARTNERS WITH THE EUROPEAN CRYPTO BANK FIRST PAN-EUROPEAN ORGANIZATION CREATED TO FACILITATE INVESTMENT AND TAXATION OF CRYPTOCURRENCIES

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Posted By Gbaf News

Posted on March 22, 2018

ARCHOS PARTNERS WITH THE EUROPEAN CRYPTO BANK FIRST PAN-EUROPEAN ORGANIZATION CREATED TO FACILITATE INVESTMENT AND TAXATION OF CRYPTOCURRENCIES

In preview of Cryptocurrency World Expo, to be held onMarch 22^nd, 2018 in Berlin (Germany), ARCHOS and the EUROPEAN CRYPTO BANK announce today their agreement to distribute the ARCHOS Safe T mini under the brand name of the EUROPEAN CRYPTO BANK. As per the terms of this partnership, holders of more than 600 ECB Tokens, whose current ICO will be finalized on May 1^st, 2018, will receive a hardware wallet, which will then be available for purchase at a price of 49.99 €. In addition, the European Crypto Bank will transfer 150,000 ECB Tokens to ARCHOS, as part of its R&D investments.

ecb

This wallet provides secure management and storage of crypto-active, safe from cyber threats:

Identification by PIN
Offline private key generation
Management of operations on the device, offline
On-screen display of information about each transaction for an easy verification before approval
Physical authorization with buttons
Creation of a recovery code (consisting of 24 words), essential in case of breakage, loss or theft
Support for ECB and major cryptocurrencies
Compatibility with Electrum, GreenAddress / Greenbits, MyCrypto and Mycelium

In addition to these functionalities, ARCHOS will also provide all of the EUROPEAN CRYPTO BANK’s multilingual platform services, accessible at the end of its ICO as of May 1, 2018: portfolio statements, research notes, investment advice, conversion of crypto-assets into traditional currencies and generation of corresponding tax declarations according to the various regulations in effect in Europe.

ARCHOS and the EUROPEAN CRYPTO BANK join forces to facilitate access to Blockchain’s cryptocurrencies, products and services, by the greatest number, whatever the level of experience, in the respect for the rules established taxes.

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