🔫 World’s largest gun auction site GunBroker.com to add stablecoin ‘FreedomCoin’

BlockworksJan 30, 2019 ⋅ 1 min read

Blockchain startup ICOx Innovations is launching a stablecoin dubbed 'FreedomCoin' on behalf of GunBroker.com. According to the company it has 4.7 million customers and handles $600 million in annual transactions. FreedomCoin will be pegged to the US dollar and will be compliant with Know Your Customer (KYC) and Anti-Money Laundering(AML) laws. GunBroker's CEO and CTO, Steven F. Urvan claims FreedomCoin will streamline purchases by sidestepping third-party scrutiny.

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