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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New Zealand legalizes salary payments in crypto

It was announced this week that New Zealand has become the first country ever to legalize salary payments in cryptocurrency.    This ruling was signed on June 27 by the Inland Revenue Department (IRD) agency’s Director of Public Rulings, Susan Price. It will be put into effect for three years from September 1, 2019. The ruling states that the digital currency begfdfdting paid must be pegged to at least one fiat currency, and must also be able to be converted directly into a standard form of payment.   The news…

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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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NEM Announces Official Launch of NEM Studios

Newly created arm of NEM ecosystem to propel Catapult release forward with CTO hire and expansion of the core development team   Gibraltar – NEM Holdings, the not-for-profit holding company of NEM Ventures, and the NEM Foundation have announced the creation of NEM Studios, a dedicated strategy and backend development unit to support the ongoing development of Catapult – the next generation of the NEM protocol planned for release later in 2019.   The mission of NEM Studios is to assist in the delivery of a high speed, configurable and…

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Blockchain VC fund NEM Ventures Drives Forward Ridesharing Initiative Mobi

Blockchain VC fund, which focuses on commercially viable projects that utilize or benefit the NEM ecosystem and XEM adoption, invests in safe and affordable carpooling app   Gibraltar – June 4, 2019 – NEM Ventures, the venture capital and investments arm of the NEM blockchain ecosystem, has announced a seed round investment in ridesharing app, Mobi, which facilitates safe and affordable carpooling to help alleviate pollution. First hitting the Australian market in Melbourne, Mobi leverages the NEM blockchain to change the face of commuting.   David Mansell, Director and Co-founder…

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Sleeping Giant? NEM’s (XEM) 48% gains in past 24 hours

NEM (XEM) has become the crypto leader of the day – with a 48% increase in the last 24 hours, bringing them to 18th place on CoinMarketCap.   Dave Hodgson, Director and Co-Founder of NEM Ventures, the venture capital and investments arm of the NEM blockchain ecosystem, said:   XEM has long been regarded as a sleeping giant in the market, therefore this significant surge does not come as a surprise. NEM currently holds 18th place in the cryptocurrency rating with a value of more than $850 million — an…

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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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Gibraltar Blockchain Exchange’s Digital Asset Exchange Announces Listing of XEM for Trading

XEM will have trading pairs with USD, BTC, and ETH on the GBX-DAX   Gibraltar – 6 March 2019 – The Gibraltar Blockchain Exchange (GBX), an institutional-grade, regulated and insured token sale platform and digital asset exchange, has today announced the addition of NEM’s XEM token to its Digital Asset Exchange (GBX-DAX), a state-of-the-art exchange created with the high expectations of professional digital asset traders in mind. XEM was brought to the GBX-DAX by the Sponsor Firm Techemy and will have trading pairs with USD, BTC, and ETH on the…

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