Pharma leader Verseon to launch security token powered by BlockRules

LONDON, MARCH 2019 — BlockRules, the blockchain fintech company enforcing complex compliance rules directly on the blockchain, today announces that the first security token powered by its technology will be for Verseon, a clinical-stage pharmaceutical company and BlockRules’ parent company. BlockRules will provide technology and services for token launch, issuance, and trading.   “We wanted to structure our STO as one of the first truly international offerings backed by a prospectus,” said Adityo Prakash, CEO of Verseon. “BlockRules provides the ideal solution to realize this vision. Their technology will allow…

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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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What is the Driving Force of SOUTH AFRICA’s Growing Appetite for BITCOIN and CRYPTO – Video

What is the Driving Force of SOUTH AFRICA’s Growing Appetite for BITCOIN and CRYPTO – Bitcoin is a currency that is known worldwide, especially in South Africa. The issues surrounding the country’s economic state has led to the people to rely on bitcoin to get by. Luckily, bitcoin’s influence is massive in South Africa, which has made daily lives for South Africans easier.   Over the years, the relationship between South Africa and bitcoin has expanded. Besides the trust South Africans have for bitcoin, there are certain factors to take…

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CRYPTOCURRENCY – 4th global ICO / STO report – ICOs growing less, but growing up

Zug, 8 March 2019 – In 2018, 1’132 Initial Coin Offerings (ICO) and Security Token Offerings (STOs) were successfully completed, twice as many as in 2017 (552 in total) – as shown in the fourth ICO / STO report by PwC Strategy & in collaboration with Crypto Valley Association (CVA). After crypto-crowdfunding continued its growth course in early 2018 and reached the total volume of the previous year in March 2018, the number and volume declined considerably in the second half of the year.     Two startups, EOS, and…

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BITCOIN NEWS TODAY – Is Worldwide adoption of Bitcoin imminent – Venezuela Government adopts Bitcoin and Litecoin – VIDEO

Is Worldwide adoption of Bitcoin imminent – Venezuela Government adopts Bitcoin and Litecoin Venezuela has been struggling with price inflation of over 1,000,00%, hyperinflation of enormous magnitude.  Government based Petro cryptocurrency was launched in 2018 which is linked to oil.   Since the introduction, the government has been pushing for its citizens to adopt the Petro and now to further cryptocurrency adoption, Venezuela is offering the citizens a platform to make efficient Bitcoin and Litecoin payments in the country.   The new cryptocurrency remittance service platform called Patria, will allow people of…

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Cryptocurrency is a REVOLUTION of Investment Banking and Finance says Cardano (ADA) and Ethereum (ETH) co-founder

What is cryptocurrency?  It is a “Revolution of Investment Banking and Finance” says Charles Hoskinson, Cardano (ADA) CEO and Ethereum (ETH) co-founder.   Learn more about cryptocurrency by watching this thought-provoking video below:-         Please leave your questions and comments below:  

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CloseCross Raises $3 Million USD to Transform Financial Derivatives Market

Amnis Ventures backs UK fintech CloseCross to overhaul derivatives trading market   London, UK – CloseCross, a multi-party, decentralized derivatives trading platform in beta, has opened its investment round with $3 million USD backed by Amnis Ventures, a privately owned venture fund based in Houston, Texas. The investment puts CloseCross at a post-money valuation of $60 million USD.   CloseCross is committed to a disruption of the current financial derivatives market by deploying patented multi-party settlement mechanisms and proprietary algorithms. Its aim is to create a derivatives environment where market participants…

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Is Crypto “too small” for Regulation?

Off the back of news that speakers at the World Economic Forum in Davos, including Kenneth Rogoff, Professor of Economics at Harvard University, have claimed that crypto is “too small” for regulation.      So, is the market “too small”?  Several experts in the blockchain and crypto space, including representatives from Social Alpha Foundation, INVAO, and Gibraltar Stock Exchange, provided their thoughts below.   Nydia Zhang, Chairman and Co-founder of Social Alpha Foundation, a not-for-profit grant making platform focusing on social impact initiatives and projects, said: Despite its small market size,…

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JANUARY 2019 – Bitcoin, Crypto, Blockchain and ICO weekly news headlines

Can’t keep up with the enormous amount of crypto news out there? Make sure you bookmark this article so that you can keep tabs on the top news headlines for the weeks in January 2019… watch the short videos below!     #2 Week ending 13 January 2019 Bitcoin’s 10 year milestone, Bitcoin tests $3500 level, Ethereum 51% attack and new ETF filed     12 January 2019 was the 10th anniversary of the very first transaction involving Bitcoin. On January 12, 2009, Satoshi Nakamoto sent 10 bitcoins to a…

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DECEMBER 2018 – Bitcoin, Crypto, Blockchain and ICO weekly news headlines

Can’t keep up with the enormous amount of crypto news out there? Make sure you bookmark this article so that you can keep tabs on the top news headlines for the weeks in December 2018… watch the short videos below!   #4 Week ending 28 December 2018 EXchange Hacks, More Government adoption and BAnk patent for blockchain ATM filed     2018: A Record-Breaking Year for Crypto Exchange Hacks – This amounts to $2.7 million in crypto assets being stolen every day, or $1,860 each minute. National Bank of Kuwait…

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