Ethos, former Bitquence, is engaging K&L Gates to provide essential legal services and guidance.
Ethos is being pointed out by many to become an important plattform to achieve mainstream adoption of cryptocurrency, and with this positioning and standing out showing they are serious about the task. Being pro-active in law is an important messure to international expantion.
Ethos is aiming to disrupt plattforms like Coinbase, where most people convert fiat to cryptocurrency, as well as being an exchange, and is based upon trustless token storage. Exactly what level of security the plattform will provide, whether its hardware level or softwallet level, is not clear to me at the moment, but the team do emphasize trustless security.
At the moment ETHOS (BQX) is about 13,50% up trading at 1,47 $ according to coinmarketcap.com. I took a swing trade bet with some OMG as I expect the news to really reach the market a little bit later this evening. We'll se later on how bad an idea that was :)
