For a long time, people from the world of cryptocurrencies had been waiting for regulations in the cryptocurrency space and finally, that day arrived this week as the United States moved towards regulating digital assets. It was a major new development for the industry and could bring about a paradigm shift in the industry. Consequently, it is going to lead to a greater degree of stability in the whole space and prove to be beneficial for many companies which are involved in the industry. Here is a look at three cryptocurrency industry-related stocks which you could look into this morning.
1. BlockQuarry Corp (OTCMKTS: BLQC): The first company that you could do well to look into in light of the impending crypto regulations is BlockQuarry Corp. The company is based out of Texas and is currently well known for having its own commercial cryptocurrency min hosting operations as well as self-mining operations in the Southeastern region of the United States.
Not too long ago, the company finally got the approval for both its name change as well as its symbol change. Earlier on March 1st, the approval for the name change had been granted and the company was renamed BlockQuarry from ISW Holdings Inc. In addition to that, the ticker symbol was also changed to BLQC. The name change is expected to help the company in being identified far more easily and that can only be a positive for all concerned. It may be a good time for investors to start tracking the BlockQuarry stock.
2. Epazz Inc (OTCMKTS:EPAZ): The next one that you could add to your watch lists is the Epazz Inc stock. The company is involved in the blockchain cryptocurrency mobile applications and cloud-powered enterprise software space at this point. This morning the company has come into the news cycle after it announced that it’s CryObo Technology is already experiencing benefits from the latest regulations in the crypto industry.
The technology helps with the tokenization of real estate properties that are under development and then turns them into security tokens. The new regulations are going to allow CryObo to not only get new lands but also establish cryptocurrency companies.
It could be a massive boost for the company in the larger scheme of things and hence, it may be a good idea for investors to consider adding the stock to their watch lists at this point in time. Epazz could well end up being one of the companies to benefit considerably due to the crypto regulations.
3. Marketing Worldwide Corporation (OTCMKTS:MWWC): While it is true that Marketing Worldwide Corporation is involved in the cryptocurrency industry, today’s news with regards to the company was not actually related to the crypto space.
The company announced this morning that it had completed the acquisition of the growing cybersecurity firm Application Security Company and in addition to that, it had also signed a partnership with the firm Global Digital Forensics. In this regard, it ought to be noted that Application Security Company is actually a growing firm and already boasts of more than 800000 customers at this point in time.
The company has also come up with a patent pending technology which can provide live response to any cybersecurity threats or data breaches.