Bitcoin and Crypto News, Analysis, Forecasts, ICOs, and Events for the week ending 23 November, 2018

  Crypto News & Analysis Is cryptomining still a viable business? Can individuals create enough revenue to produce a profit from cryptomining? What does the future hold for cryptomining operations?       The new way to make money crypto mining in Sweden is by not paying the electric bill. It sounds funny but this may be the policy of one crypto mining operation that was based in Sweden, NGDC. NGDC’s crypto mining operations in a northern county of Sweden compiled an electric bill equal to an amount of $1.55…

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Crypto News, Analysis, Forecasts, ICOs, and Events for the week ending 16 November 2018

Crypto News & Analysis Bitmain’s co-founder Jihan Wu has been removed from the director’s chair at Bitmain. It has been reported that Mr. Wu has been demoted to the position of supervisor and no longer has the authority to manage the day to day affairs of Bitmain. An unnamed source from Bitmain disclosed the functions and details of Mr Wu’s new role within the company. The source describes Mr. Wu’s demotion as follows:   After changing to a supervisor, there are no voting rights, so (Mr. Wu’s) power is smaller…

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Bitcoin and Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 9 November 2018

    Crypto News & Analysis November is here and many are asking when will federally regulated cryptocurrency exchanges appear within the US. One of the key reasons the Securities and Exchange Commission gave for their denial of Bitcoin based Electronically Traded Funds (ETFs) was the fact that the underlying security or asset was not listed on a federally regulated exchange. ICE, The Intercontinental Exchange that owns and operates the New York Stock Exchange, and NASDAQ, the world’s 2nd largest Exchange qualified by its market cap value of US $10…

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SEC FinHub Key To Compliant ICOs states Republic CEO Ken Nguyen

  Last week, the SEC announced the creation of FinHub in an effort to foster greater communication and understanding with emerging technology startups, such as blockchain companies going through ICOs.     Ken Nguyen, CEO of AngelList-backed Republic, believes that this move will bring greater clarity in what constitutes in as a compliant ICO without compromising investor protection. Republic has so far been the only compliant way for retail non-accredited investors to back and invest in the blockchain projects that they love.       Kendrick Nguyen, CEO of Republic:…

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Indiegogo Expands into Security Tokens Hosting Aspen Digital’s Offering of the St. Regis Aspen Resort

Crowdfunding giant advances into tokenized securities representing indirect interest in a prestigious luxury real estate property managed by Elevated Returns   SAN FRANCISCO – August 23, 2018 – Indiegogo, the global platform for entrepreneurs to bring their ideas to life, today announces its expansion into tokenized securities, bringing a real-estate asset to its global audience. Following the launch of its ICO (Initial Coin Offering) platform in December 2017, Indiegogo is now providing access to the asset class of security tokens. Security tokens represent ownership in traditional assets such as real…

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1 Year After SEC Issues ICO Warning: Former SEC Lawyer Says Compliance Will Soon Be Baked Into Business Models

  Today is the one-year anniversary of the SEC releasing a warning to consumers on investing in ICOs and revealing its investigation into the DAO – the first investigation into a blockchain organization of its kind. Zach Fallon, a former SEC lawyer, Principal at blockchain law firm Blakemore Fallon & Co-founder of Ketsal Consulting, reflects on how far the industry has come in the past year.     “There have been at least twenty instances of formal public commentary by the SEC, its Chairman, Commissioners, and staff on digital asset-related…

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GECKO Governance Launches Compliance Solution For ICO Market Following Approval by Isle of Man Regulator

    Former SEC Senior Compliance Examiner joins stellar advisory board     Dublin, Ireland – 12 June 2018 – GECKO Governance, the multi-award winning RegTech regulatory solution for financial compliance, has announced the launch of a new compliance solution, GECKO Crypto1, following approval by the Isle of Man Financial Services Authority. Managing ICO governance and compliance for every jurisdiction, GECKO Crypto1 will offer enhanced levels of transparency and accountability to platform-users within the blockchain industry. The platform provider also announced today that Dan Viola, former Senior Compliance Examiner at…

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Will there be SEC approved Bitcoin ETF’s soon?

Exchange Traded Funds, also known as ETF’s, have made headlines in the past couple of years.  The prospect of cryptocurrency ETF’s listed on stock exchanges first started with Gemini and the Winklevoss twins.     The Winklevoss Bitcoin Trust was the first Bitcoin ETF to be filed with the SEC – Securities and Exchange Commission in 2013.  In early 2014, the Bitcoin Investment Trust announced plans to release an over-the-counter Bitcoin ETF. Unfortunately, the SEC denied a request to list an ETF from investors Cameron and Tyler Winklevoss, owners of…

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Unified Global Cryptocurrency Regulation called for by G20

Last year, 2017, was most certainly the year of the ICO, and 2018 could prove to be the year of regulation.  At the G20 meeting of finance ministers in Buenos Aires, it was agreed by the member nations that more information on cryptocurrencies needs to be gathered and examined.  However, countries do see cryptocurrency as an asset, not a currency.     As cryptocurrency fever takes hold of the world, regulators in various countries are making their positions known.  In the USA, the Securities and Exchange Commission (SEC) has issued…

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What are the ICO Cryptocurrency Regulatory Guidelines?

ICO’s continue to boom as more tokens and coins are evident.  On Coinmarketcap, and at the time of writing, over 1500 cryptocurrencies are listed and trading. According to Fortune, nearly 50 percent of 2017’s Cryptocurrency ‘ICO’ Projects have already died. They report that “as many as 75% of all startups backed by traditional venture funding fail, and 30 to 40% of those take all of investors’ capital with them.”     With the high ICO failure rate and the craziness of Bitcoin investors, regulators are setting guidelines or passing laws.…

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