The announcement doesn't mean anything.  All it says is the foundation side of the business is hiring accountants and lawyers to pretend they are a clean business.

Most of the people on this thread are too stupid to distinguish between the foundation side and the business side of crypto projects.  YOU NOTICE HOW THEY ONLY MENTIONED THAT THE "QTUM FOUNDATION" will do these great transparency things.  Well, that doesn't mean anything- the "foundation" is always a separate entity.  Most crypto projects today have a foundation structure and a separate corporate structure.

And it doesn't give me faith that they'll hire auditors- if Enron could hire auditors...it's much easier to hire crooked auditors and lawyers in China- but that doesn't even matter- since they're only going to be transparent with their "foundation" and not the corporation.

This is most likely another tactic designed to pump the price a little longer on their crooked Chinese exchanges.  FACTS Remain:
-Founder is a crook
-This is their first major project- no track record of success
-No working product, not even an alpha on a testnet
-$1.5 billion valuation on vaperware cuz "China is a huge market"...lolol...lots of huge markets and countries out there...China is the easiest buzzword to use to rip people off and pump the price.

Just look at all the other good crypto projects out there with much better teams and track records with good product actually released with lots of users worth <$250 million and this crap is worth $1.5 billion with no product, no reputable team??  Looks like a Chinese scam with his buddies on the exchanges involved in pumping the price.