HONG KONG, March 24, 2022 /PRNewswire/ — JP-EX CRYPTO ASSET PLATFORM PTY LTD’s (JPEX) operation team has made the following response to the recent reports of user and media inquiries from Hong Kong.

The following clarifications are hereby expressly made:

1. JP-EX CRYPTO ASSET PLATFORM PTY LTD (JPEX) has no relation with JPX Exchange Group

JPEX Crypto Platform is officially launched in 2019. JPEX is an Australian registered company. Our business focuses on blockchain development, NFT related technology and cryptocurrency trading services. Regardless of the brand logo, color scheme and business nature, JPEX is with no resemblance to the JPX Exchange Group. In addition, JPEX has no cooperative relationship, and there is no intention to cooperate with JPX and its associated platform in the future. We would like to reaffirm that JPEX has started its blockchain business earlier than JPX. JPEX has obtained qualified financial license registration in Australia, the United States and Canada. JPEX has its own development team located at Japan, Australia, the United States and many countries. Our primary focus is to protect user asset and promote blockchain acceptance globally. JPEX has issued an announcement on February 22, 2022 regarding the JPX resemblance. (https://jp-ex.io/en/center/announce/308)

2. The clarification for the cooperation with VISA

We apologize for any misunderstanding and confusion caused by the cooperation with VISA and understand that this issue has aroused public awareness. We originally planned to cooperate with one of the issuers under VISA, the plan will not include mainland China and Hong Kong. Unfortunately, our advertising agency distorted the idea and published this cooperation without our permission. We immediately withdrew all related posts and content. We have successfully contacted VISA for this matter and actively discussed with the issuer in order to address the concern of VISA. Once again, we apologize for any inconvenience and discomfort caused by this issue.

3. Instagram and Discord community updates

Due to the fact that the marketing strategies, promotion policies, preferences and market positioning set by the marketing agency are far from the platform’s original intent, JPEX has decided to terminate the cooperation immediately. JPEX has also taken prompt action to close its Instagram account to prevent the spread of misinformation to the public. JPEX is issuing the clarification to address the recent public concerns and JPEX would like to apologize to affected users for any inconvenience caused. JPEX will be increasing its exposure on Discord with a new channel, and will develop a Discord team to address users’ enquiries on platform-related issues, which enables users to have a smooth and timely communication channel with the platform. For any inquiries, please contact our official customer service on the website and through our app, or send us an inquiry via email ([email protected])

Focus of the platform business in the second quarter

In addition, JPEX announced that the company’s business will be expanded. Due to the growth of the cryptocurrency and blockchain market in recent years, the platform will expand its business to Malaysia, Taiwan and Dubai in 2022 and 2023.

Our platform has been providing high-quality cryptocurrency services since its inception, including blockchain technology development, high-quality encrypted platform trading experience, NFT technology development and support, etc.

Malaysian and Dubai government mentioned that they will increase their efforts in developing the cryptocurrency market. The platform has been then invited by many institutions around the world to provide relevant technical support in Malaysia and Dubai.

At the same time, the platform is also processing relevant legal documents through the platform and external financial advisors, asset appraisers, international accounting firms and lawyers. The plan includes a target 2024-2025 platform roadshow, and the target plans to seek listing in the United States.

JPEX’s goal is always the same, to provide users with the highest quality cryptocurrency and blockchain-related services.

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Sincerely,
JPEX Operations Department
March 24, 2022