Fundament Group Receives Approval From German Financial Authority for €250 Million Blockchain-based Real Estate Bond

Fundament Group is first to receive approval from BaFin for a blockchain-based real estate bond. Platform opens up German real estate market to global investors.   Hamburg, Germany — 23 July 2019 — Fundament Group, the Germany-based end-to-end security issuance solution for asset tokenization, has received approval from the German Financial Market Supervisory Authority (BaFin) to distribute the country’s first blockchain-based real estate bond. The bond is backed by a portfolio of properties in major cities throughout Germany and has an issued volume of €250 million.   Based on the…

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New eToro Survey: Nearly Half of Millennials Trust U.S. Stock Market Less Than Crypto

NEW YORK, NY — Almost half of Millennial online traders have more trust in crypto exchanges than the U.S. stock market, according to a survey from eToro U.S., a leading global investment platform. The nationwide survey of 1,000 online traders found that 43 percent of Millennial online traders trust crypto exchanges more than the U.S. stock exchanges. Conversely, 77 percent of Gen X respondents trust stock exchanges more.   Guy Hirsch, Managing Director of eToro U.S. said: We’re seeing the beginning of a generational shift in trust from traditional stock exchanges to crypto…

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Blockchain and the Human Genome: Meet GeneOS, Winners of the EOS Global Hackathon

  Team of experienced entrepreneurs is building an incentivized platform that facilitates DNA data-sharing to fight disease   The way they tell it, the story of how the four founders of GeneOS – Benjamin Tse, Jens Elstner, Albert Chen and Jay Bowles – came together is the kind of thing you might read in a biography of your favorite band. Friendship, serendipity and synergy all played a part in their journey as their blockchain-based genomic big data platform won Block.one’s EOS Global Hackathon series and a cheque for US$500,000.  …

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Congressional Hearings: Blockchain Leaders Share Commentary on Congressional Hearings on Digital Assets.

  As reported earlier today, two U.S. Congressional Hearings on Cryptocurrencies commenced yesterday to debate the future of digital assets and cryptocurrency.  The hearings were live-streamed and viewed by many blockchain and cryptocurrency experts globally.  Guy Hirsch, US Managing Director of eToro, he believes the hearings are a “great step in the right direction.”     A number of Industry leaders have shared their takeout from the hearings:-   Deepak Jain, CEO of Swych said “The banking system has taken a century to barely cover half the world while the…

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eToro on #CryptoCongress: Laws Will Have Global Impact, Regs Need to Hear Global Perspectives

Two U.S. Congressional Hearings on Cryptocurrencies commenced on 18 July, 2018. Firstly, the House Committee on Financial Services held a live congressional hearing which started on 18 July in Washington, D.C. entitled “The Future of Money: Digital Currency”, followed by the House Agriculture Committee.     The House Committee on Financial Services released a memo prior to the hearing stating “This hearing will examine the extent to which the United States government should consider cryptocurrencies as money and the potential domestic and global uses for cryptocurrencies. The Subcommittee will evaluate…

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