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141  Bitcoin / Press / [2018-06-01] Buy Bitcoin Now, Says Pantera Capital CEO on: June 01, 2018, 09:17:34 AM
According to Pantera Capital Management’s Dan Morehead, now is a good time to buy Bitcoin and other cryptocurrencies. Here’s why.

‘It’s Much Cheaper to Buy Now’

On Thursday — the founder of Pantera Capital, a San Francisco-based investment firm focused on blockchain technologies — told CNBC’s Fast Money that he believes Bitcoin has hit the bottom for 2018. As such, now is the best time to buy.

The former chief financial officer and head of macro trading at Tiger Management told the trading-focused show:

All cryptocurrencies are very cheap right now […] It’s much cheaper to buy now and participate in the rally as it goes.

Bitcoin, the first and foremost cryptocurrency, topped $20,000 on December 17th, 2017. In February, however, the gold standard of cryptocurrency dropped to levels below $6,000, before ping-ponging back and forth in an attempt to regain stability. At the time of this writing, Bitcoin is trading at $7,507.72, down 0.34 percent over the last 24 hours.

The total market capitalization for all cryptocurrencies has followed a similar pattern, reaching upwards of $830 billion before bottoming out underneath $250 billion. At the time of this writing, the total market capitalization for the cryptocurrency market is just over $330 billion.

Read More: http://bitcoinist.com/buy-bitcoin-now-says-pantera-capital-ceo/
142  Bitcoin / Press / [2018-05-31] Bittrex to Launch Fiat Trading Options After New Bank Partnership on: June 01, 2018, 06:59:13 AM
Seattle-based crypto exchange Bittrex has managed to secure a banking agreement that will allow some customers to trade digital assets directly for U.S. dollars. The company has struck a deal with the New York-based Signature Bank amongst others.

Bittrex Hope to Attract More Users with Crypto to Fiat Trading Pairs

According to a report in Bloomberg, the exchange venue which supports the buying and selling of over 200 different crypto assets will soon be accepting deposits in fiat currency. Unfortunately, this will not be available for all customers just yet, however.

The CEO of Bittrex, Bill Shihara told the publication about the platform signing the deal with Signature Bank:

Quote
“It’s been a long path… It’s not just about banks being able to trust Bittrex. It’s about banks being able to trust crypto in general. And I think it’s really showing that crypto is turning the corner in terms of mainstream acceptance.”
Despite Shihara’s words indicating that cryptocurrency is emerging into the mainstream, larger institutions still treat digital currency with caution. This is largely due to the fact that they’re unwilling to risk their reputations by getting involved with an industry that is still marred by its past associations with criminality.

This has meant that many exchanges have had to exist only as venues to swap cryptocurrency for cryptocurrency. Without the support of banking institutions, they have been unable to provide the ‘off and on ramp’ to digital currency investment and trading that their customers are pining for.

That said, there are several examples of exchanges that have found support from banks. Industry stalwart Coinbase has managed to secure deals with three banks in the U.S. – Metropolitan Bank, Silvergate Bank, and Cross River Bank.

In addition, the almost household name of the cryptocurrency exchange industry has recently managed to secure support from Barclays PLC in the U.K. Meanwhile, rumours still abound about the relationship between Puerto Rican bank Noble Bank International and Bitfinex – a company long mired with accusations of dubious banking practices relating to their ‘stable coin’ Tether.

During his interview with Bloomberg, Shihara also commented about the process the company had to go through to ensure the deal went ahead:

Quote
“They really do look and pore through the entire business… They want to make sure that we’ve got robust AML/KYC processes, that we’ve got the right controls on our finances. They do background checks and everything. They really look at our business soup to nuts.”

For now, only a fraction of the three million Bittrex users will have access to the fiat service. It will be reserved for corporate customers in Washington, California, New York, and Montana. Not all 200 of the cryptocurrencies supported by the platform will receive fiat trading pairs either – just Bitcoin, Tether, and TrueUSD. The service is scheduled to launch on Thursday.

https://www.newsbtc.com/2018/05/31/bittrex-to-launch-fiat-trading-options-after-new-bank-partnership/
143  Bitcoin / Press / [2018-05-30] Survey: 35% of High Net Worth Individuals Have Invested in Crypto on: May 31, 2018, 11:14:54 AM
According to a published survey, over a third of high net worth individuals either plan to or already have invested in cryptocurrencies.

deVere Poll Hints at Great Interest in Cryptocurrency Among Wealthy Individuals

The research was conducted by the deVere Group – a global independent financial consultancy group. The poll surveyed over 600 of the group’s clients from across the globe. It included individuals from the U.S., the U.K., Qatar, the United Arab Emirates, Australia, Hong Kong, Spain, Germany, and France.

According to an article in International Investment, the founder and CEO of the deVere Group, Nigel Green, stated:

Quote
“… mainstream expansion is clearly evidenced by the fact that more than a third [35 per cent] of wealthy individuals around the world – who are already likely to be successful investors – are telling us that they already have exposure to crypto or that they will have by the end of this year.”

To this, Green added that the company were planning to add new digital currency assets to their cryptocurrency application. deVere Crypto was launched in January on both Apple OS and Android. According to a press release from then, it allows clients to store, transfer, and exchange Bitcoin, Litecoin, and Ethereum. To this selection, deVere plans to include support for more crypto assets:

Quote
“The addition of Bitcoin Cash and EOS to the deVere Crypto app is part of our ongoing commitment to clients. The users of the app are demanding an ever-wider, diversified crypto portfolio as the crypto sector expands and moves even further into the mainstream.”

At the launch of deVere Crypto, Green expressed great optimism for the fintech industry and, unlike many analysts associated with traditional finance, for cryptocurrencies themselves too:

Quote
“Nothing has captured the imagination in this new fintech age quite like cryptocurrencies, specifically Bitcoin.  No-one was really talking about it back in 2016. But those who invested in Bitcoin before the beginning of last year have enjoyed an impressive price increase… History will teach us that 2017 was the year that digital currencies came into the mainstream.”

Nigel Green also stated that deVere’s wealthy clients were ‘unable to ignore the huge potential of cryptocurrencies,’ adding that there was ‘surging public… demand for digital, global currencies in a digitalised, globalised world.’

The deVere group have been interested in cryptocurrency for a while now. In addition to them launching their designated crypto application earlier this year, Nigel Green also stated that he felt that Ethereum was set to have another amazing two months for its investors. This trend, he predicted, would continue for the next couple of years too. He stated in an interview last month:

Quote
“The price of Ethereum is predicted to increase significantly this year, and could hit $2,500 by the end of 2018 with a further increase by 2019 and 2020.”

https://www.newsbtc.com/2018/05/30/survey-indicates-35-of-high-net-worth-individuals-have-invested-in-crypto/
144  Bitcoin / Press / [2018-05-31] Chinese President Xi Jinping: Blockchain Reshaping Global Economic on: May 31, 2018, 07:25:56 AM
Xi Jinping, the President of China, arguably the most powerful politician in the world today, has said at the annual academic conference hosted by the Chinese Academy of Sciences that blockchain technology, artificial intelligence (AI), and Internet of Things (IoT) are reshaping the global economic structure.

“Ever since the start of the 21st century, a new generation of industrial revolution is substantially reshaping the global economic structure … with artificial intelligence, internet of things and blockchain constantly making application breakthroughs,” said President Xi.

Didn’t China Ban Cryptocurrency Trading?

In September 2017, the Chinese government and local financial authorities led by the People’s Bank of China (PBoC) officially banned cryptocurrency trading, shutting down local cryptocurrency exchanges and ordering commercial banks to prevent transactions to cryptocurrency brokerages.

However, even after prohibiting cryptocurrency trading, the Chinese government and local conglomerates such as Alibaba and Tencent have continued to focus on developing the blockchain and decentralised platforms that have the potential to improve the economy and the global financial structure.

On May 26, CCN reported that the State Council of China ordered local financial authorities and government-funded research centres to allocate more resources in developing, deploying, and commercialising the blockchain.

“To build a regional equity market in Guangdong, according to the opening up of the capital market, timely introduction of Hong Kong, Macao and international investment institutions to participate in transactions. We will vigorously develop financial technology and accelerate the research and application of blockchain and big data technologies under the premise of legal compliance,” the State Council of China said, maintaining a pro-blockchain attitude.

The statement of the State Council of China was released merely a month after Hangzhou city government decided to spend $1.6 billion on funding blockchain startups.

Most recently, ZhongAn, an insurance giant in China founded by Alibaba and Tencent founders Jack Ma and Pony Ma Huateng, partnered with more than 100 hospitals to utilise the blockchain in processing healthcare records, financial information, and payments.

Local analysts have stated that the ban on cryptocurrency trading does not reflect the government’s stance on the blockchain as an innovative technology. The Chinese government prohibited cryptocurrency trading because it led to local investors and businesses moving the Chinese yuan out of the country to other leading economies.

China has continued to impose strict capital controls since early 2000, and the ban on cryptocurrency trading was a part of the country’s capital control policies.

The Chinese government and the country’s President Xi still remain optimistic in regard to the long-term adoption of the blockchain, as seen in the government’s blockchain initiatives and large allocation of funds into the blockchain sector.

Chinese blockchain projects such as Qtum and VeChain have demonstrated massive success over the past year in the global market as well, with support from local authorities and the government.

Read more: https://www.ccn.com/chinese-president-xi-blockchain-breakthrough-is-reshaping-global-economic-structure/
145  Bitcoin / Press / [2018-05-26] UK Company Acquires ‘Bitcoin’ Trademark, Allegedly Threatens Etsy S on: May 26, 2018, 05:13:35 AM
A UK company has acquired the trademark for “Bitcoin” and has allegedly threatened to bring a lawsuit against a small business that sells bitcoin-themed shirts.

The business owner shared their plight on the Bitcoin subreddit, explaining that today, May 25, they received a letter from a company claiming to own the UK trademark for “Bitcoin.”

The letter, a redacted version of which the user posted online, further said that the t-shirt business must remove all bitcoin-themed merchandise from its Etsy store, recall all bitcoin-related products that have already been sold, and deliver this merchandise to the trademark owner. Failure to do so, the letter claimed, would result in a trademark infringement lawsuit.

“I didn’t believe it at first since I knew that bitcoin and the bitcoin logo are public domain, and even a similar trademark application in the US failed,” the user wrote.

However, as the business owner soon found out, a company called A.B.C. IPHoldings South West LLC successfully obtained a trademark for “Bitcoin” last month after initially submitting the application on Dec. 27, 2017.

A.B.C. IPHoldings South West LLC is listed as a subsidiary of Monolip LTD, whose mailing address appears to be a rented mailbox at a London branch of Mail Boxes Etc.

The firm has only applied for one other trademark, “Westworld,” presumably due to its association with the HBO show of the same name. The application for this trademark has been published, but it has not yet been examined by the IP office.

Contact information for the company was not immediately available, so CCN was unable to reach them for comment. The user who claimed to have received the letter did not immediately reply to an inquiry about how they intended to respond.

It’s unclear whether the threat-sender (presumably A.B.C. IPHoldings South West or Monolip LTD) will carry out its threat, and whether the threat would hold up in court remains to be seen as well.

In any case, it’s surprising that a company was able to successfully trademark the term, particularly since the flagship cryptocurrency has more or less achieved mainstream recognition over the past several years.

As CCN reported, a Moscow-based company unsuccessfully attempted to obtain a Russian trademark for “Bitcoin” in 2016. Previously, the US Patent and Trademark Office rejected a California company’s attempt to obtain a “Bitcoin” trademark, though US firms can register longer trademarks that include the word.

https://www.ccn.com/uk-company-acquires-bitcoin-trademark-threatens-etsy-store-over-btc-themed-items/
146  Local / Альтернативные криптовалюты / Re: [ANN][ICO] MARK.SPACE - 3D/VR экосистема на блокчейн on: May 25, 2018, 11:32:07 AM
Команда просит тех кто еще не успел, переместить свои MRK токены из ICO аккаунта в  ico.markspace.io на новый mark.space/account , или ваш любой другой erc20 кошелек до Июня.
147  Bitcoin / Press / [2018-05-23] Deutsche Boerse: We Are ‘Deep At Work’ Examining Bitcoin Before ‘Mo on: May 25, 2018, 09:20:10 AM
German shares and securities marketplace organizer Deutsche Boerse (DB) said it is “deep at work” examining cryptocurrency integration options, Bloomberg reports May 23.

Speaking at an industry event, the company’s head of clients, products and core markets Jeffrey Tessler told audience members that the company was busy “understanding” the technology behind Bitcoin before “moving forward” with it.

The progress is a step forward from previous remarks in March, when Tessler implied Bitcoin’s volatility prevented DB from entering any related markets at the time.

“Before we move forward with anything like Bitcoin we want to make sure we understand the underlying transaction which isn’t the easiest thing to do. We are deep at work with it,” he said in this week’s update.

While not stating interest or plans relating to offering specific Bitcoin products, Tessler acknowledged that DB was “not at the same stage” as its US rivals CBOE and CME, both of which launched Bitcoin futures last December.

An eventual debut would hence likely focus on a similar launch.

“...[W]e want to understand the volatility and make sure clients are in line and make sure regulators are in line,” he added.

DB is already involved in blockchain experiments, in March partnering with liquidity management firm HQLAx to develop a blockchain-based platform for securities lending using R3’s Corda platform.

https://cointelegraph.com/news/deutsche-boerse-we-are-deep-at-work-examining-bitcoin-before-moving-forward
148  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ⚡️ PECUNIO - blockchain investments safe and easy ⚡️ on: May 24, 2018, 11:55:43 AM
Great project and positive news about listing, but situation with long KyC pending is unacceptable. Most users sent their KYC requests 10-20 days ago. Enough time to check it all and give the answer.
149  Local / Альтернативные криптовалюты / Re: [ANN][ICO]Datawallet-Ваши Данные Работают На Вас on: May 24, 2018, 08:13:29 AM

Datawallet приняли на работу нового главного операционного директора Jeremy Geiger. Ранее Jeremy расширял бизнес Foursquare  в Азиатско-Тихоокеанском регионе. В Foursquare она работал с ведущими компаниями Tencent, Samsung, Naver, Alibaba,  Grab. Работа Джереми была непосредственно связана с информацией: решения по отслеживанию местоположения пользователя, интерпретация данных и построение профилей пользователей, для лучшего таргетинга и монетизации.



150  Bitcoin / Press / [2018-05-24] Regulatory Uncertainty Pushes BTC Below $8,000, Tom Lee Predicts a on: May 24, 2018, 07:28:36 AM
Regulatory Uncertainty Pushes Bitcoin Below $8,000, Tom Lee Predicts a $25,000 Return

Bitcoin’s two-week sell off continued today, seeing the coin fall to below $8,000 — $7,500 at the time of writing — and hitting levels not seen since mid-April.

Regulatory Moves Impact Bitcoin’s Price

And it’s not just Bitcoin, many other top cryptocurrencies were also in the red today despite bullish calls that coin prices would soar following major blockchain events in New York City that have been taking place over the past week.

Some in the cryptosphere have pointed to recent regulatory news as the key driver of the sell-off. This Monday, financial authorities in the U.S. and Canada announced a cooperative crackdown on initial coin offerings (ICOs) and other cryptocurrency investment schemes, led by the North American Securities Administrators Association (NASAA).

More than 40 state and provincial watchdogs are participating in ‘Operation Cryptosweep,’ which has triggered at least 70 investigations so far.

│ “This [Operation Cryptosweep] cleaned out a lot of the bad projects,” said CNBC’s Brian Kelly. “That has people a little concerned, and is a short-term hit to sentiment.”

Moving forward though, Kelly points out that these regulatory steps are all part of the maturation that the market needs in order to attract institutional investors. “The projects that they shut down they appear to be junk, they had a real reason to shut them down,” he said.

This week’s crackdown from the NASAA comes amid growing attention from U.S regulators. Last week, the Securities and Exchange Commission (SEC) brought several fraud cases against operators of ICOs and also launched a website to help investors recognize ‘red flags’ when looking for cryptocurrency investment opportunities.

Tom Lee Predicts Rebound

Despite these recent price woes, Fundstrat’s Tom Lee still believes Bitcoin will reach $25,000. In an email to CNBC, Lee attributed today’s drop to ‘typical crypto volatility.’ He also identified three key factors that have him believing the coin will more than triple its current value moving forward.

The first is related to the cost of producing and replicating the cryptocurrency. When Bitcoin was trading at around $8,000 yesterday, Lee appeared on CNBC’s ‘Futures Now,’ where he expressed the belief that the digital currency was actually ‘trading at cost’ because the price of production was actually around that number. With this, it is likely Lee is referring to recent data from Morgan Stanley that puts the Bitcoin mining profitability at just over $8,000. This means that if miners want to turn a profit, the coin in theory has to stay above this number.

Lee’s second factor relates to the catalyst that institutional investors will bring to the cryptocurrency space. “I think institutional investors have gained a lot of interest, and they haven’t really come into crypto yet because there is still some regulatory uncertainty,” he said.

Lee’s third factor relates to data compiled by Fundstrat, which show a historical trend that has him encouraging investors to hold onto the coin. “Historically, 10 days comprise all the performance in any single year of bitcoin’s price,” he said. “If you just took out those 10 days, bitcoin’s down 25 percent a year.”

│ Lee continued: “So as miserable as it feels holding bitcoin at $8,000, the move from $8,000 to $25,000 will happen in a handful of days.”

https://www.newsbtc.com/2018/05/23/regulatory-uncertainty-pushes-bitcoin-below-8000-tom-lee-predicts-a-25000-return/
151  Bitcoin / Press / [2018-05-23] Weiss Ratings: Cryptocurrency will Become ‘Fundamentally Safer’ on: May 24, 2018, 06:27:48 AM
The founder of Weiss Ratings Agency Martin D. Weiss has forecast that an upcoming rule change in US banking will compel investors to move their money away.

SPOTLIGHT ON VOLCKER RULE CHANGE TIMING

In a dedicated blog post about the watering down of the Volcker Rule, which limits banks’ ability to gamble deposited funds, Weiss claims that the plan is coming “precisely at a time when risk-taking has reached a peak and key risk assets threaten to cause severe losses.”

The examination of Volcker continues Weiss’ preoccupation with cryptocurrency in 2018. In January, the agency published the world’s first ratings for the market, causing controversy when it awarded Bitcoin a ‘C+’ and championed Ethereum with a ‘B’ rating.

For Martin D. Weiss and fellow author, analyst Juan M. Villaverde, the opportunities for cryptocurrency to gain trust and usage as a result of banking behavior are obvious.

“With this rule change, the authorities will make it easier for megabanks to take big risks with other people’s money,” an accompanying press release quotes them as writing.

…In the future, cryptocurrencies will do such a fundamentally better job as a safe depository of funds it’s difficult to envision a world in which this technology does not become a game-changer for money and banking.

WEISS: CRYPTO VOLATILITY NOT FOREVER

Despite identifying “volatility” in cryptocurrency markets being a key factor behind consumer reluctance to enter them, that situation will change, the post adds, as those markets “mature” while banks take greater risks.

“Now that we have better technology for safe storage of savings, credit markets will have to reinvent themselves. The future financial system is likely to be very different from what we take for granted today,” the Weiss and Villaverde conclude.

Earlier this week, Bitcoinist published an explanatory guide to Bitcoin’s price volatility, highlighting possible causes behind the swings markets have seen since May 2017.

http://bitcoinist.com/weiss-ratings-cryptocurrency-will-become-fundamentally-safer-banks/
152  Bitcoin / Press / [2018-05-23] India May Levy 18 Percent Tax on Crypto Trading Starting July 2018 on: May 23, 2018, 11:06:12 AM
India, the world’s second-largest country by population, may soon give a glimmer of hope to cryptocurrency investors after months of propagating a negative agenda against the digital asset class.

Move Subject to Council’s Approval

As reported on Bloomberg, India may soon levy an 18 percent Goods and Services Tax (GST) on cryptocurrency trading, notwithstanding their legal ambiguity in the country. Currently, the proposal is being considered by the Central Board of Indirect Taxes and Customs, and shall be presented before the GST council after it’s finalized.

As stated, the digital asset could be classified under “intangible goods,” on par with other software systems, with the authority adding that separate laws would be introduced to deal with the usage of cryptocurrencies for criminal activities.

Previously in December 2017, CCN reported on the Indian government’s crackdown on the cryptocurrency market, which saw both exchanges and traders scrutinized for dealing with and making money on digital assets. Legal authorities also sent a tax notice to over 500,000 traders, in a bid to collect huge taxes from their gains.

In April 2018, the Reserve Bank of India practically killed the cryptocurrency industry in the country, as it passed a statement asking all banks to withdraw their relationships with all cryptocurrency exchanges, including ending all banking services within three months of the directive.

Salient Points of The Tax Proposal

According to people with knowledge of the matter, who requested anonymity, the Income Tax department has realized the importance of taxing virtual currencies.

If the burgeoning digital asset market is not adequately taxed, it may add up to huge liabilities, which would make recovery difficult in the future. Thus, the proposal calls for immediate approval.

Below are the proposal’s major points:

- Purchase or sale of cryptocurrencies to be considered as supply of goods, and those facilitating transactions like supply, transfer, storage, accounting, among others, will be treated as services.
- Value of a cryptocurrency may be determined based on the transaction value in rupees or the equivalent of any freely convertible foreign currency.
- If buyers and sellers are in India, the transaction would be treated as a supply of software and the buyer’s location will be the place of supply.
- For transfer and sale, the location of the registered person will be the place of supply. However, for sale to non-registered persons, location of the supplier would be considered as the place of supply.
- Transactions beyond the Indian territory will be liable for integrated GST, and would be considered as import or export of goods. IGST will be levied on cross-border supplies.

Interestingly, the proposal seeks levying GST from July 1, 2017 – the very day when the government sought ending bank relationships with crypto-exchanges. However, the date remains unconfirmed.

Read more: https://www.ccn.com/india-may-levy-18-percent-tax-on-cryptocurrency-trading-starting-july-2018/
153  Local / Альтернативные криптовалюты / Re: [ANN][ICO] MARK.SPACE - 3D/VR экосистема на блокчейн on: May 22, 2018, 01:56:20 PM
Команда представила новую уникальную разработку MARK.SPACE: UNITEX. Это последнее дополнение к платформе, которое будет служить как онлайн обменник для существующих юнитов внури MARK.SPACE Вселенной.

Будет возможно просматривать, продавать, покупать или обмениваться юнитами с другими зарегистрированными пользователями. Подобно другим  MARK.SPACE аддонам и приложениям UNITEX будет доступен посредством персонального  MARK.SPACE PASS Аккаунта. Запуск UNITEX намечен на Май 24, 2018.
154  Bitcoin / Press / [2018-05-21] Spanish Regulator Open to Aprv. Funds Investing Directly in Crypto on: May 22, 2018, 10:55:54 AM
Spain’s financial regulator has clarified its position on regulated investment funds investing directly in cryptocurrencies. These type of funds are legal under Law 22/2014, and investments can be made through three types of legal entities.

Funds Directly Investing in Cryptocurrencies

Spain’s National Securities Market Commission (CNMV – Comisión Nacional del Mercado de Valores) recently clarified its position on registered funds investing in cryptocurrencies directly. The CNMV is the Spanish government agency responsible for regulating the securities markets.

In a Questions and Answers document addressed to fintech companies on activities and services that can have a relationship with the Commission, one of the questions was “Can a fund registered by the CNMV directly invest in cryptocurrencies?” The Commission replied:

Quote
This type of funds would have a legal place in Law 22/2014, which regulates, in addition to venture capital entities, other collective investment entities of closed type and their management entities.
Law 22/2014 establishes, among others, closed-end collective investment entities (EICC), closed-end investment funds (FICC), and closed-end investment companies (SICC), Iclg describes.

Read more: https://news.bitcoin.com/spanish-regulator-approving-funds-investing-directly-cryptocurrencies/
155  Bitcoin / Press / [2018-05-22] Argentina's Bank Masventas adds Bitcoin Payments on: May 22, 2018, 10:11:02 AM
Argentina's Banco Masventas has revealed that starting Monday it will enable customers to send cross-border payments using bitcoin.

A partnership with Latin America-focused exchange startup Bitex, founded in 2014, the news finds the regional bank using bitcoin as a payments rail in international transactions as an alternative to Swift.

Bitex chief marking officer Manuel Beaudroit told CoinDesk that the startup believes this marks the first time that a domestic bank has adopted bitcoin for cross-border payments.

In statements, Jose Dakak, principal shareholder of Masventas, credited the move to a broader drive by the bank to enhance its digital, smartphone-based services, as well as to lower the bank's cost of service.

"One of the actions was to contract Bitex as a strategic partner in the implementation of the Bitex platform for payments and collections operations for our clients abroad," he said.

While no real-world transactions have been launched yet (the service began today), the bank will soon use bitcoin for real customer transactions, Beaudroit said.

He told CoinDesk:

Quote
"The customers will ask the bank to do an international payment, and the bank uses Bitex as a provider. For the customer, it's transparent, they don't touch, they don't see the bitcoin. We are a provider for them, and they are not touching bitcoin."

https://www.coindesk.com/bank-argentina-just-added-bitcoin-cross-border-payments/
156  Bitcoin / Press / [2018-05-20] Cryptocurrency is Property in Russia, Justice Minister Confirms on: May 20, 2018, 04:37:04 AM
The Russian Ministry of Justice has taken side in what looks like a lively debate about the status of cryptocurrencies that are still unregulated in the country. A bankruptcy case involving a modest amount of bitcoin has sparked discussions in Russian legal circles. Some say a crypto is nothing more than “a set of characters.” Others, including the justice minister, are categorical – cryptocurrency can’t be anything else but property.   

Russian Justice Ministry Takes Side in a Legal Argument

Cryptocurrency falls under the legal category of “other property,” Russia’s Justice Minister Alexander Konovalov told reporters this week. With two draft laws on the matter still pending in the State Duma, he also noted that digital coins should not be considered electronic money, at least on this stage.

A bankruptcy case involving some bitcoin holdings has recently stirred the Russian legal community, which was challenged to provide a provisional answer to the question about the status of cryptocurrencies. In the absence of firm definitions in the current legislation, this question split Russian legal experts in two camps. On one side are those who think that cryptocurrencies have real value, on the other – their colleagues who believe they don’t, if the law doesn’t explicitly say so.

According to Konovalov, his department has adopted a “consolidated opinion” on the legal nature of cryptocurrencies and it supports the view that they should be defined as property. “If digital money is not property, its theft would not be considered criminal offense because there would be no object of the crime,” he warned.

“If cryptocurrencies are to develop, additional regulation will be necessary. The main point is to ensure that all this does not grow into financial pyramids,” Konovalov added, quoted by Prime. He is convinced that Russia should introduce rigid crypto regulations but also recognizes that the phenomenon is itself a “manifestation of the people’s desire to escape from total dependence.”

Read more: https://news.bitcoin.com/cryptocurrency-is-property-in-russia-justice-minister-confirms/
157  Bitcoin / Press / [2018-05-19] Colorado Proposal Aims to Allow Bitcoin Donations for Campaigns on: May 19, 2018, 06:27:54 AM
The state of Colorado is considering giving political candidates the ability to raise funds using cryptocurrencies. This week the Secretary of State, Wayne Williams, presented the proposed guidelines and officials are looking for commentary from Colorado residents.

Colorado Secretary of State May Allow Politicians to Accept Cryptocurrencies for Campaigns


Colorado is a state that is well known for testing new laws and guidelines like allowing recreational cannabis throughout the state. This week politicians from the Rocky Mountain state are considering allowing political candidates to accept bitcoin and other forms of digital assets. Secretary of State Wayne Williams proposed the new rules in a draft submitted on May 16, 2018. The proposal states:  

Quote
A committee may accept contributions in cryptocurrency, up to the acceptable limit for a cash or coin contribution. The amount of the contribution is the value of the cryptocurrency at the time of the contribution. The committee must report any gain or loss after the contribution as other income or receipts.

Read more: https://news.bitcoin.com/colorado-proposal-aims-to-allow-cryptocurrency-donations-for-campaigns/
158  Bitcoin / Press / [2018-05-19] Fundstrat’s Bitcoin Price Rally Prediction Fell Flat: Tom Lee Expla on: May 19, 2018, 05:42:11 AM
Fundstrat Global Advisers is a finance market strategy firm well-known for making bullish predictions on cryptocurrency prices. Co-founder Thomas Lee posted the group’s predictions that the bitcoin price would reach up to $64,000 by the end of 2019, citing the future trajectory of Bitcoin mining infrastructure growth as an underlying cause. He also predicted $91,000 in two years.

Lee, a financial research analyst and Wall Street strategist, has in the past voiced his opinion that bitcoin will overtake gold as a store of value for the newer generations, and made another prediction prior to the fourth annual Consensus conference in New York regarding the crypto market overall.

Lee wrote to clients to point out that during the last Consensus conference, the bitcoin price rose by 69 percent and then 138 percent in the two months afterward. Last year’s conference saw attendance double from the year before, and this year the attendance also looked set to  double from around 2,750 to over 7,000.  The event took place from May 14 to May 16, with estimates on the actual attendance now reaching as high as 9,000.

Perhaps due to prior performance and the same conditions arising again, Lee predicted that the market would see a major rally during this year’s conference as well. While Lee pointed out that talks of mass regulation may put a damper on things, the overall message was clear:

“Bottom line: We expect BTC and cryptocurrencies to behave similarly to prior years and rally during Consensus.”

Unfortunately, it didn’t happen. Not only was there no rally but the market lost over $40 billion in value during the conference, with major currencies losing value across the board.

The bitcoin price, meanwhile fell 3.25 percent to $8,250 by the end of the conference, even dipping below the $8,000 mark today before recovering to $8,262 at the time of writing.

Investors have attributed the dip to a number of factors, including the perception that the conference did not seem to be designed to attract the industry’s core supporters. The ticket prices were considered to be unaffordable at $2,000 a head, and the fact that cryptocurrency was not accepted as payment was criticized as a lack of faith in the technology the conference was held to promote.

The talks were seen as overly shallow and pandering to an audience of newcomers, which was not in keeping with the high cost of the tickets, one of the reasons Ethereum co-founder Vitalik Buterin said he boycotted the event.

Fundstrat’s Thomas Lee called the lack of a rally “very disappointing”, citing a lack of regulatory clarity as the main issue and stated that the space needed major institutions to buy in in order for the space to grow and move past the “blockchain not bitcoin” mentality echoed by several major figures in business and finance.

Despite it all, Lee claimed to be unfazed, saying:

“While there was not a Consensus bump, our conviction on crypto-currencies strengthened during the conference.”

While acknowledging that the cryptocurrency ecosystem still faces internal and external obstacles, Lee said he felt that progress was taking place in increments and that a more defined regulatory framework would see things progress more quickly moving forward.

Read more: https://www.ccn.com/fundstrats-bitcoin-price-rally-prediction-fell-flat-tom-lee-explains-why/
159  Local / Альтернативные криптовалюты / Re: [ANN][ICO] MARK.SPACE - 3D/VR экосистема на блокчейн on: May 18, 2018, 02:43:35 PM


Дорогие пользователи MARK.SPACE
Для вас создан личный почтовый ящик, туда будут приходить все проверочные коды и другая информация из нашей системы. Чтобы получить доступ к новой почте, как логин используйте свой ID из  MARK.SPACE PASS   @mrk.cloud , а как пароль - ваш пароль из MARK.SPACE PASS. Адрес почты отображается в вашем профайле MARK.SPACE PASS  как MRK E-MAIL.
160  Local / Токены / Re: [ANN]Helbiz-Аренда Транспорта P2P на Блокчейне! on: May 18, 2018, 02:24:19 PM
Бедные инвесторы.. Наверно им наверное сейчас. Мне то проще. Халявные баунти токены проще хранить с надеждой на рост.
Если проект "выгорит", то инвесторы (те кот. до этого не сольют) будут с иксами))
А  если это скам, то все будут в ..опе. А так да, от цены ICO в 10 раз упало. Самый раз для закупа, но стремно...

Возможен ли ико скам в рамках Евросоюза? Ведь члены команды HBZ кто итальянцы, кто англичане. Люди ведь дорожат своей репутацией, им же еще жить и работать, тем более после ситуации с Centra, когда на скамью сели 3 главных инициатора конторы.
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