Cryptocurrency Giants Form Crypto Rating Council to bring clarity to market

It was reported this week that a series of trading and investment giants in the cryptocurrency space, including Bittrex, Circle, Coinbase, Genesis, and Kraken, have banded together to create the Crypto Rating Council in order to better decide which digital assets can and cannot be traded on their platforms.   The CRC, it is hoped, will bring greater clarity to the vague characterization of cryptocurrencies by global regulators — allowing digital assets service providers to assess the digital assets and whether they may fall afoul of future regulation. The group…

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KPMG Report – Consumers Across All Age Groups Are Increasingly Willing to Make Purchases with Blockchain Tokens

KPMG have published a study which finds that digital tokens are transforming the way consumers interact with each other and businesses.   Some key findings from the report are that 63% of American consumers perceive blockchain tokens to be an easy form of payment, and 82% of consumers are open to using blockchain tokens as part of an existing loyalty program.   Christophe de Courson, CEO of Olymp Capital, Europe’s first asset management fund dedicated to blockchain and crypto, comments on the KPMG study: This survey is very interesting. It…

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UK Financial Conduct Authority Guidance on Crypto Assets

The UK Financial Conduct Authority published its final guidance on crypto assets, defining what tokens come under its jurisdiction, classifying what it considers the 3 main types of tokens: Security, E-Money and Unregulated tokens.   In response to the report, a number of experts in the space have provided their insights:-   Aries Wang, CEO, and Co-Founder of Bibox, the AI-enhanced, encrypted digital asset exchange, said,  In an ideal scenario, all firms dealing with crypto assets should be enforcing a degree of self-regulation, however, a defined regulatory perimeter for those…

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Why security tokens shine brighter in the crypto space?

There is a buzz that security tokens stand out in crypto space and they are more preferred over ICOs, let’s understand the nitty-gritty of the same. As it is, by now, popular that blockchain technology has introduced a new monetary exchange in the form of cryptocurrencies.       However, many business owners are unsure about these cryptocurrencies as how these currencies are going to affect their various operations and revenues. These cryptocurrencies can have many dual impacts either positive or negative. However, the real cause will be determined by…

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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 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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Polymath and Prime Trust Announce Partnership to Provide Custody for ST-20 Security Tokens

  Toronto & Las Vegas — August 28 — Polymath, the blockchain industry’s first securities token platform, and Prime Trust, an SEC qualified custodian, have announced a partnership that will see Polymath and Prime Trust working together to develop custody solutions for security tokens utilizing the ST-20 standard.     Prime Trust is currently capable of providing custody of POLY, an ERC-20 token, and is looking to provide custody for ST-20 Security Tokens, which are backwards compatible with ERC-20 tokens. A unique feature of ST-20 tokens is that they have…

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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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Trending Opportunities for Trading in Cryptocurrency Industry

Digital currency is a form of investment that can help you with earning a lot of profit and grow as a technological asset. This Online payment that was a serious issue in the past few years can now be easily done by just clicking out a few buttons. The virtual currency industry has got an experience of excessive growth in market value as well in terms of popularity.     Things to Learn When Deciding To Join Investment Simple basic rule of trading in Cryptocurrency industry is to do diversification…

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