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More details disclosed on Azerbaijan's first crypto-currency broker company

ICT Materials 15 January 2018 19:15 (UTC +04:00)

Baku, Azerbaijan, Jan. 15

By Huseyn Valiyev – Trend:

A representative office of Buroka Technologies company will launch its activity in Azerbaijan till the end of January, Sabina Mammadli, head of the company’s representative office in Azerbaijan, told Trend Jan. 15.

Buroka Technologies will mainly trade five crypto-currencies in Azerbaijan - Bitcoin, Ethereum, Ripple, Dash and Litecoin.

Mammadli added that documents for the company’s registration in the country have already been submitted and regulatory issues need to be settled for further activity in the country.

"BITFORT company assists us in this issue,” she said. “If there are no problems, we intend to launch our activity in the country by the end of this month. We intend to organize an international conference in Baku in March, where the speakers will touch upon the issues related to the blockchain, crypto-currency and etc."

Buroka Technologies has contracts with London’s crypto-currency exchanges like Kraken and Bitstamp.

Earlier, Mammadli said that the company's goal is to develop crypto-brokering in Azerbaijan so that it would be easier for people to buy crypto-currency in the country, rather than outside the country. Until the end of this week, the company’s website www.buroka.az will be launched.

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