The United Arab Emirates has granted crypto exchange BitOasis a preliminary license which allows it to operate a digital asset wallet and a trading platform in the region.

According to Dubai-based BitOasis, this will make the firm Middle East’s first regulated bitcoin exchange. The preliminary license was granted by the Financial Services Regulatory Authority. This is one of the three independent authorities of UAE’s international financial center, the Abu Dhabi Global Market.

Per a Bloomberg report, in the past two years, BitOasis has handled trading volumes totaling approximately $1.6 billion. This makes it one of the biggest cryptocurrency exchanges in the Middle East. Currently, some of the cryptocurrencies that are available for trading on BitOasis include BTC, ETH, XRP, BCH, LTC and XLM. Others that are available for trading include ETC, BSV, XMR, XLM and ZEC.

Continue reading >> https://www.ccn.com/dubai-bitcoin-exchange-bitoasis-wins-preliminary-license-in-middle-east-first

Lithuania, one of the Baltic tigers that has in past few years demonstrated it doesn’t shy away from new technologies and the digital economy, is preparing to introduce stricter rules for crypto companies. The government in Vilnius is working on amendments that according to officials will go beyond the requirements of the latest, fifth EU Anti-Money Laundering Directive.

Going Beyond What Brussels Wants

The former Soviet republic, which became one of Europe’s major crowdfunding hotspots, a real token economy hub, is going to implement legal changes that are likely to burden companies in the crypto and fintech sector with more obligations. They are part of the efforts of Lithuanian authorities to step up control over virtual currencies and increase oversight of the economy built around them.

Under the new rules, only entities registered with the country’s Center of Registers will be allowed to operate with digital assets in Lithuania. These companies will have to adopt comprehensive know your customer (KYC) and anti-money laundering procedures. According to the draft, the measures will have to be implemented upon establishing a relationship with a client for the first time. Service providers will be expected to inform the Financial Crime Investigation Service (FCIS) about larger transfers.

The requirements will cover not only operations involving fiat money but also crypto-to-crypto transactions. Companies that act as intermediaries in these deals will be responsible for ensuring compliance with Lithuania’s Law on the Prevention of Money Laundering and Terrorist Financing. That means they will be required to check the identity of their clients before providing any services.

Sigitas Mitkus, director of the Finance Ministry’s Financial Market Policy Department, explained the government’s intentions:

“We want to create a transparent legal environment for virtual currency exchanges, depository wallet operators and ICO initiators. We also want to contribute to ensuring better consumer protection.” Speaking to the BNS news agency, he emphasized that by introducing certain limits for financial operations, Lithuanian authorities are going further beyond the fifth EU Anti-Money Laundering Directive (AMLD 5).

“We will probably become the first in the world to implement the FATF [Financial Action Task Force] recommendations and apply the requirements not only to the conversion of virtual currency to traditional ones and vice versa, but also when converting one virtual currency into another,” added the Finance Ministry official.

Continue reading >> https://news.bitcoin.com/lithuania-to-adopt-crypto-regulations-even-stricter-than-the-eus/

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Swiss luxury watch brand Hublot has unveiled its new watch Big Bang Blockchain in an official announcement September 19. The new model has been released to commemorate the upcoming 10th anniversary of Bitcoin (BTC).

As per Hublot’s release, the 210-piece limited edition can only be purchased with BTC. The number of units symbolises the fact that the number of bitcoins will never exceed 21 million.

To promote and sell the model, Hublot has partnered with Octagon Strategy Limited (OSL) –  a major Asian digital asset brokerage which will help process customer data during the pre-sale.

To purchase a Big Bang Blockchain, a customer has to register on a dedicated website. OSL will then confirm the data and send the payment details via email. The new Hublot model will be delivered to its buyers in the beginning of 2019.

Continue reading >> https://cointelegraph.com/news/luxury-watchmaker-hublot-unveils-new-model-available-for-bitcoin-only

If Utrust hiring such professional like Sanja Kon, with PayPal and eBay business connections, double masters degree and so on, eventually Utrust will be able to deliver their app with full payment functionality as stated in whitepaper. It is very undervalued token right now, they showed product screenshots and development process, and deserves more attention from investors compared with others blockchain teams (many of them are lazy and progress is hidden).

A federal judge ruled that cryptocurrencies meet the definition of commodities within the regulatory framework of the US Commodities and Futures Trading Commission (CFTC).

CRYPTOCURRENCIES MEET THE DEFINITION OF COMMODITIES

The US CFTC filed a lawsuit against a technology entrepreneur Randall Crater and a company that he had founded in January. The regulator had alleged that the defendant carried out a $6 million fraud against people who wanted to purchase a shady digital currency called My Big Coin.

Allegedly, My Big Coin Pay Inc., misappropriated investors by naming their cryptocurrency in a manner which sounds a lot like Bitcoin (BTC) $6742.81 -0.54%. What is more, the company also claimed that it was backed by gold.

Boston District Judge Rya Zobel ruled on Wednesday that My Big Coin did, in fact, meet the definition of a commodity under the Commodity Exchange Act.

The judges line of reasoning is that My Big Coin and Bitcoin can be, more or less, be categorized as virtual currencies.

Continue reading >> https://bitcoinist.com/us-judge-rules-cryptocurrencies-are-commodities/

По моему сама технология замечательно работает, транзакции проходят как ожидается, достаточно посмотреть цену газа на ethgasstation.info. Проблема что большинство проектов под платформу ефира не несут практической ценности и многие вообще заброшены своими командами, эфир ими же и сливается. До уровня 1300 USD цена может вырасти и через несколько лет, с развитием действительно полезных продуктов на этой платформе, например децентрализованной бухгалтерии или займов. Только кто знает, может к тому времени Stellar или конкуренты обойдут Ефир и по цене/качеству.

Binance CEO Changpeng “CZ” Zhao has in five years taken his initial interest in cryptocurrencies and turned his passion into one of the most successful cryptocurrency exchanges in the world.

The young CEO has even graced the cover of Forbes magazine’s crypto rich list and was highlighted as being among the wealthiest entrepreneurs operating across the cryptocurrency industry.

In a new interview with CryptoGlobe, CZ shares details on his humble beginnings, and most importantly, sheds some light as to where he sees Binance and the cryptocurrency market as a whole going in the future.

Binance CEO: The Bull Market Will Return “Any Minute”

Zhao, who admits he can “kind of influence” the price of cryptocurrencies being an outspoken exchange operator, doesn’t believe we’re in a bear market at all and calls attention to Bitcoin’s seemingly unbreakable support at $6,000. CZ also points out that Bitcoin only reached $20,000 for a “week or so” and suggests that looking at the “long term” is the best strategy.

While CZ explained that he doesn’t like to “analyze markets because anything I say will be like super scrutinized,” he went on to comment that he thinks “that any minute the bull market will return,” suggesting that October to December are “good months.”

The cryptocurrency market historically has seen growth in prices during Q4 each year. In 2017, Bitcoin prices went parabolic reaching nearly $20,000 before falling to a 2018 low of $5,800.

CZ himself says he takes a more reactive approach, and “always” buys and holds.

Continue reading >> https://www.newsbtc.com/2018/09/26/binance-ceo-discusses-the-future-of-binance-crypto-and-the-next-bull-run/

Superrich International Exchange, a popular foreign currency exchange chain in Thailand, has reportedly revealed a plan to begin offering travelers cryptocurrency exchange service in addition to 32 fiat currencies. The company has 49 locations in Thailand, one in Cambodia, one in Britain, and is also in talks with regulators to start operations in Laos.

Superrich Entering the Crypto Space

Superrich International Exchange (1965) Co. has unveiled its plans to enter the crypto space, according to local media.

Having been in business since 1965, Superrich describes itself as “The best currency exchange in Thailand with 49 locations throughout the country and 2 in other countries, with 32 currencies available.” The chain consists of 43 locations in Bangkok, six in Thailand’s provinces, one in Cambodia and one in Britain. In addition, the company is in talks with the Laotian authorities to begin money-changing operations in the country, the Bangkok Post reported on Sept. 24.

The president of Superrich, Piya Tantivachayanon, was quoted by the publication saying:

"We would offer digital asset exchange for travellers…The company also plans to offer an e-wallet service, and we’re exploring business partners[hips] to help develop technology. There are many companies from Malaysia, Britain and Laos that have expressed interest."

Continue reading >> https://news.bitcoin.com/super-rich-thai-foreign-exchange-chain-cryptocurrencies/

Personally i do not believe in words of Helbiz CEO Salvatore Palella anymore. He enjoys luxury life after crowdfunding and meanwhile HBZ price drops to ridiculously low amount. After loosing substantial amount of money in recent HBZ price drop i see no justifiable reason for price recovery. At least NVB team plays fair game, no hidden negotiations with advisors and no tokens leakage.

Последние новости от Caviar от 21 Сентября рассказывают нам о путешествии команды на TokenFest в Бостон и общей фотографией с командой проекта GoChain. Выразительного результата по дальнейшей разработке не наблюдается, думаю если бы они собрали желаемые 30 млн во время ico, их капа сдулась бы до 1.5 млн, так как более роботящие команды сдуваются до примерно того же уровня. Заметил так же что после проведения конкурса и раздаче нескольких десятков тысяч призовых монет Cav, их тут же слили за бесценок на Nebula, плохой знак.

Some 80 representatives from the cryptocurrency and traditional finance industries trekked to Washington, D.C. on Tuesday with a singular message for U.S. lawmakers: we need regulatory clarity on cryptocurrencies and initial coin offerings (ICOs).

That message was fully on display during the "Legislating Certainty for Cryptocurrencies" event held this week at the Library of Congress. Over the course of the morning and early afternoon, stakeholders outlined the difficulties they face when launching projects and products in the U.S.

The culprit behind their woes: uncertainty as to when cryptocurrencies are treated as securities and how startups should approach compliance more broadly.

Members of Congress, it would seem, are receptive to their complaints. Congressman Warren Davidson, who hosted the event, positioned the forum as a round-table discussion to solicit input from the industry on these very points. A spokesperson for the lawmaker told CoinDesk that Warren intends to introduce "light touch" legislation sometime within the next three weeks.

Continue reading >> https://www.coindesk.com/crypto-firms-to-congressmen-we-need-clarity-on-blockchain-token-rules/

Intercontinental Exchange (ICE) confirmed its Bakkt cryptocurrency platform’s first offering will take the form of physical Bitcoin futures. ICE, which also operates the New York Stock Exchange (NYSE) released new details Tuesday, September 25.

Bakkt, which ICE has said will be a “regulated ecosystem” for institutional investors aiming to get exposure to cryptocurrency, will offer futures against at least three fiat currencies: the U.S. dollar, British pound sterling and euro.

“Our first contracts will be physically delivered Bitcoin futures contracts versus fiat currencies, including USD, GBP and EUR,” the company wrote on Twitter.

“For example, buying one USD/BTC futures contract will result in daily delivery of one Bitcoin into the customer’s account.”

Continue reading >> https://cointelegraph.com/news/ices-bakkt-reveals-first-crypto-product-as-physical-bitcoin-futures

Crowdsale scheduled end: Q3 2018 (on or before 30 September 2018), so ICO will be finished this month?

Invox tokens are already issued or only planned to be after September? They will be in ERC 20 format or newer? Any nearest plans for exchanges?

То же уважаю команду Дебитума и с удовольствием прочел статью.

Оказывается сума на крупных биржах за листинг от 1 до 6 млн дол. Кроме того, обменники требуют от ICO партнеров так называемый "депозит ликвидности" в виде огромного количества токенов. Изходя что Дебитум собрал всего 17 млн, они не могут себе позволить тратить миллионы на листинг, так что Кукоин это вполне разумный вариант.

Расстраивают инвесторы которые дампят токены сразу после выхода платформы, как в случает с DEB, эта привычка разрушает всю индустрию и мешают росту валовой криптовалютной капы и конкретного альткоина в долгосрок.

A lot of ICO projects just being used for pump and dump schemes. If the platform was released a month ago, this must be considered as a success event. But price dumped hard since platform began operational. Many participants just don't believe in the idea of Restart energy decentrilized economy, they cashing out mwats to make quick buck(. I'm looking forward for a time when large energy corporations will buy and hold this tokens.

Очень хитро пишут, типа они запускают мопеды HelBizGo по городам Италии, но из-за "глобальной конкуренции!") не называют точное время когда и где они это сделают.

Человек с детальной критикой проекта в своих статьях правильно говорил, какие скутеры, давайте автомобили, зачем доваблять в белую бумагу то чего там не было, не реализовав обещанное.

Сейчас полностью развернулось несколько ICO платформ за которыми я следил последний год, так цена на них выросла прямо перед событием, а потом в 2 раза упала. А доверия было к ним в разы больше чем HelBiz.

Walmart plans to sell leafy greens that are tracked using blockchain technology within the next year.

In a press release published Monday, the world's largest retailer both by revenue and by employee count announced that it told its suppliers for leafy green produce to integrate a blockchain-based tracking system built in collaboration with IBM by September 2019.

According to the letter sent to suppliers, any company working with Walmart must work with the IBM Food Trust network to create end-to-end traceability in two phases. The blockchain platform will make it easier for Walmart to source any food items quickly, with the release noting that tracing such items at present is "an almost insurmountable challenge."

The move comes in the wake of an E. coli outbreak that originated in Arizona earlier this year. While authorities at the Center for Disease Control warned consumers to avoid lettuce grown near the city of Yuma, Walmart vice president of food safety Frank Yiannas noted that it was difficult for customers to confirm where exactly their produce was grown.

He added in a statement:

"None of the bags of salad had 'Yuma, Arizona' on them. In the future, using the technology we're requiring, a customer could potentially scan a bag of salad and know with certainty where it came from."

Continue reading >> https://www.coindesk.com/walmart-will-start-tracking-groceries-on-blockchain-in-2019/

The China-based Ebang Communication, one of the largest ASIC mining chip makers in the region has announced a new series of mining rigs this week at the World Digital Mining Summit in Tbilisi, Georgia. Ebang has revealed three new bitcoin mining rigs for its Ebit Miner E-11 series that claims to boast hashrate speeds between 30-44 trillion hashes per second (TH/s).

Ebang’s New E-11 Miner Claims Speeds of Up to 44TH/s

Bitcoin miners will have a lot of mining rigs to choose from, as it seems a wide variety of new machines will be entering the market shortly. This week the firm Ebang Communication has announced it will soon be launching three new ASIC mining devices for SHA-256 compatible coins. The firm’s next generation Ebit E-11 series models will utilize 10nm semiconductor technology with efficiencies up to 44J/TH. According to Ebang’s website, the E-11 series miners sales will be “forthcoming.”

Continue reading >> https://news.bitcoin.com/ebang-announces-44-terahash-e-11-miners-with-10nm-chips/

Bitcoin ATM Arrives in Shropshire, Bitchains Plans to Continue Targeting Rural UK

The first ever Bitcoin ATM has arrived in Shropshire, U.K. The machine has been installed in the Red Lion Service Station by Church Stretton-based Bitchains.

Bitchains Plans Rural Expansion Before Heading to Major Cities

In what is a first for the county of Shropshire, a Bitcoin ATM has been installed at a petrol station in the town of Wellington. The company behind the installation of the new machine is Bitchains. It is based in Church Stretton and has big plans for expansion in rural England and beyond.

Bitchains business associate, Jack Chandler, spoke to the Shropshire Star about the decision to target smaller areas:

“We are aiming at more of the remote areas to install our ATMs to spread the knowledge and importance of cryptocurrencies.”

Continue reading >> https://www.newsbtc.com/2018/09/21/bitcoin-atm-arrives-in-shropshire-bitchains-plans-to-continue-targeting-rural-uk/