Industry Leaders react to IMF’s Lagarde Comments on Crypto

With IMF Chief and European Central Bank (ECB) president candidate, Christine Lagarde, yesterday stating that central banks and financial supervisors should protect consumers, but also be open to innovations such as cryptocurrencies, what does this signal for the burgeoning blockchain and crypto industry?    Expert commentaries from leaders in the blockchain and crypto space comment:-   Charles Lu, CEO of Findora, a cryptographically transparent public ledger for building financial services applications, said:   Lagarde’s stance on blockchain technology is astute; she recognizes both the need for comprehensive regulation informed by…

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Six Years since the first ICO – What’s Next?

On July 31, 2013, J.R. Willett launched the first ever ICO, Mastercoin (now Omni), and today will mark 6 years since this monumental occasion.    Looking at the last 6 years, it’s evident that the industry has matured and the very nature of fundraising within the blockchain space has changed. We’ve witnessed a slight shift away from ICOs: as evidenced in this STO report from the NEM Foundation, and the recent launch of STOs in public markets. In 2019, we’ve witnessed a further progression towards IEOs. In light of this…

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Deloitte Research: Blockchain becomes a “critical priority” for companies, what does the future hold?

Deloitte’s new global blockchain survey results released earlier this week show that more than half of enterprise respondents cited blockchain as a top-five strategic priority, and a further 56% stated that blockchain will disrupt their industry.   Experts in the industry provide insight on the consulting giant’s latest findings blockchain space — including representatives from NEM Ventures, Concordium, Travala.com, UTRUST, Neutral, Hedera, Vo1t and Solve.Care   Iain Wilson, Advisor at NEM Ventures, the venture capital and investments arm of the NEM blockchain ecosystem said: Blockchain is ‘Crossing the Chasm’ from…

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Volvo Vice Chairman on Jaguar crypto move: “Users should not be at the mercy of potential outswings in the value of such a token”

Reuters broke the news yesterday that Jaguar Land Rover is testing software to allow drivers of its cars to earn cryptocurrency as a reward for sharing data, such as reporting traffic congestion to navigation providers or local authorities.   This follows news earlier this month that car giants, General Motors and BMW, are looking to share driverless car data on the blockchain while Hyundai is looking to develop a blockchain platform to track the history of used cars, demonstrating that there are opportunities for transformation across the automotive industry value…

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Former Secretary-General of NATO Joins Concordium as Strategic Advisor

Anders Fogh Rasmussen, ex-Prime Minister of Denmark, joins blockchain network led by Saxo Bank Co-founder Lars Seier Christensen Zug, Switzerland – March 20, 2019 – Concordium, the world’s first identity-validating, regulatorily compliant blockchain network, has announced that Anders Fogh Rasmussen, former Secretary-General of NATO and former Prime Minister of Denmark, has joined as a Strategic Advisor. Rasmussen served three terms as Prime Minister of Denmark from 2001 until 2009, and previously held several other high-profile positions in the Danish government, including Minister for Taxation and Minister for Economic Affairs. Following…

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SEC Chairman Confirms Ethereum is Not a Security

In response to the news that the US Securities and Exchange Commission Chairman, Jay Clayton, has confirmed that Ethereum is not a security, some initial reactions from executives in the space were noted. In correspondence analysing a report from the Division of Corporate Finance, William Hinman, Clayton reiterated that “if the network on which the token or coin is to function is sufficiently decentralized” then it is not subject to securities law.   The below crypto industry executives have provided expert commentary on the significance this has on projects in…

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