Switzerland confirmed the status of the European "capital of Blockchain"
Switzerland topped the European rating of countries comfortable for conducting blockchain start-ups. The authors of the rating - the expert council of the BlockShow Europe forum - assessed the regulatory framework for ICO, the taxation of digital assets and the use of cryptocurrency for payments. An additional advantage was the availability of self-regulating organizations of the crypto-industry.
The community considered the results of the rating to be predictable: in Switzerland, in 2017, 4 out of 10 of the world's largest ICOs were conducted. Gibraltar, which was at the second place, is associated with the desire to draw the attention of the crypto-industry to this jurisdiction, where the world's first legislation for the legalization of ICO was developed.
Full European TOP-10 list:
1. Switzerland
2. Gibraltar
3. Malta
4. Great Britain
5. Denmark
6. Germany
7. Portugal
8. The Netherlands
9. Finland
10. Belarus
Switzerland topped the European rating of countries comfortable for conducting blockchain start-ups. The authors of the rating - the expert council of the BlockShow Europe forum - assessed the regulatory framework for ICO, the taxation of digital assets and the use of cryptocurrency for payments. An additional advantage was the availability of self-regulating organizations of the crypto-industry.
The community considered the results of the rating to be predictable: in Switzerland, in 2017, 4 out of 10 of the world's largest ICOs were conducted. Gibraltar, which was at the second place, is associated with the desire to draw the attention of the crypto-industry to this jurisdiction, where the world's first legislation for the legalization of ICO was developed.
Full European TOP-10 list:
1. Switzerland
2. Gibraltar
3. Malta
4. Great Britain
5. Denmark
6. Germany
7. Portugal
8. The Netherlands
9. Finland
10. Belarus
Equipment for mining will become cheaper after Bitmain's departure
Before the head and co-owner of Bitmain Cihan Wu announced that the company is considering the withdrawal from the market of equipment for mining, as in its place immediately showed up two applicants.
Chinese Canaan Creative (Avalon Miners) and Zhejiang Ebang (Ebit Miners) have applied to the Hong Kong Stock Exchanger for approving applications for giant ICO's worth of one billion dollars each for increasing the production capacity of ASIC chips.
Experts estimate the increase in the equipment market for mining at $ 1.2 billion per year, therefore, the new double offer will be redundant, which will inevitably lead to lower prices.
Bitmain, which removed the main cream from the market of ASIC-miners, moves to the segment of equipment for Artificial Intelligence. According to the founder of the company, Jihan Wu, this is logical for the manufacturer of high-speed chips. Bitmain's competitors in this segment will again be Nvidia and AMD, which have already lost to the Chinese in the battle for the miners.
Before the head and co-owner of Bitmain Cihan Wu announced that the company is considering the withdrawal from the market of equipment for mining, as in its place immediately showed up two applicants.
Chinese Canaan Creative (Avalon Miners) and Zhejiang Ebang (Ebit Miners) have applied to the Hong Kong Stock Exchanger for approving applications for giant ICO's worth of one billion dollars each for increasing the production capacity of ASIC chips.
Experts estimate the increase in the equipment market for mining at $ 1.2 billion per year, therefore, the new double offer will be redundant, which will inevitably lead to lower prices.
Bitmain, which removed the main cream from the market of ASIC-miners, moves to the segment of equipment for Artificial Intelligence. According to the founder of the company, Jihan Wu, this is logical for the manufacturer of high-speed chips. Bitmain's competitors in this segment will again be Nvidia and AMD, which have already lost to the Chinese in the battle for the miners.
Chinese government called Ethereum the most promising cryptocurrency
The CCID Institute at the Ministry of Industry of China kept its word and on Thursday published the first national reliability rating of cryptocurrencies, where Ethereum is on the 1st place, Bitcoin - on the 13th, the Top-10 includes the "damned" in Japan Monero, and growing on the support Gemini ZCash is in the third ten.
The whole rating looks like this:
1-5: ETH, STEEM, LSK, NEO, KMD
6-10: XLM, ADA, IOTA, XMR, STRAT
11-15: QTUM, BTS, BTC, XVG, WAVES
16-20: ETC, XRP, DASH, SC, BCN
21-25: LTC, ARK, ZEC, NANO, BCH
26-28: DCR, HSR, XEM
Publication of the rating has not affected on the exchanger rates. However, the discussion around it is just only growing.
The CCID Institute at the Ministry of Industry of China kept its word and on Thursday published the first national reliability rating of cryptocurrencies, where Ethereum is on the 1st place, Bitcoin - on the 13th, the Top-10 includes the "damned" in Japan Monero, and growing on the support Gemini ZCash is in the third ten.
The whole rating looks like this:
1-5: ETH, STEEM, LSK, NEO, KMD
6-10: XLM, ADA, IOTA, XMR, STRAT
11-15: QTUM, BTS, BTC, XVG, WAVES
16-20: ETC, XRP, DASH, SC, BCN
21-25: LTC, ARK, ZEC, NANO, BCH
26-28: DCR, HSR, XEM
Publication of the rating has not affected on the exchanger rates. However, the discussion around it is just only growing.
Opera is switching into a crypto-friendly browser
Today, Opera browser for Android has launched closed beta testing of the built-in cryptocurrency wallet. According to the director of the direction of Opera Crypto, Charles Hamel, the wallet is integrated with Android security systems and does not require additional PIN-codes and passwords for transactions. This makes crypto payment simple, like sending electronic payments through a smartphone. While the wallet supports only Ethereum, ERC20-tokens and collectible items in ERC271 format, over time the list of cryptocurrency will be expanded.
This is the third major innovation of Opera in support of cryptocurrency industry. Earlier the company added large cryptocurrencies to the converter and installed advanced protection from hidden mining in the desktop version of the browser. After this initiative, the Chinese mining giant Bitmain invested $ 50 million in Opera shares. Since 2016, Opera belongs to the Chinese investment fund Golden Brick Capital Private Equity Fund.
Today, Opera browser for Android has launched closed beta testing of the built-in cryptocurrency wallet. According to the director of the direction of Opera Crypto, Charles Hamel, the wallet is integrated with Android security systems and does not require additional PIN-codes and passwords for transactions. This makes crypto payment simple, like sending electronic payments through a smartphone. While the wallet supports only Ethereum, ERC20-tokens and collectible items in ERC271 format, over time the list of cryptocurrency will be expanded.
This is the third major innovation of Opera in support of cryptocurrency industry. Earlier the company added large cryptocurrencies to the converter and installed advanced protection from hidden mining in the desktop version of the browser. After this initiative, the Chinese mining giant Bitmain invested $ 50 million in Opera shares. Since 2016, Opera belongs to the Chinese investment fund Golden Brick Capital Private Equity Fund.
Coinbase wants to add 5 more coins, but not Ripple
The American exchanger Coinbase has announced on Twitter account its intention to add to the list 5 new cryptocurrencies: Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) and 0x (ZRX). Obviously, coins are added to the market of Japan, where they are popular, since they will not be available for trading in the American jurisdiction until the SEC authorizes them.
A month earlier, on June 11, Coinbase was made a similar announcement of intent with respect to Ethereum Classic, prompting a rapid growth of the asset. According to the management of Coinbase, the publication of announcements makes the process of adding new coins to the exchanger more transparent and understandable for the regulator and bidders.
The Ripple currency (XRP) is not mentioned again in the announcements of Coinbase, despite the insistence of Ripple's head of Brad Garlinghouse. At the end of last year, Garlinghouse offered Coinbase for listing a fee in the form of a loan of $ 100 million in digital currency. At the CB Insights Future of Fintech June 19-21 in New York, said that Coinbase "should add to its listing XRP." The exchanger remains adamant, as the SEC has not yet expressed its opinion on the status of Ripple.
The American exchanger Coinbase has announced on Twitter account its intention to add to the list 5 new cryptocurrencies: Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) and 0x (ZRX). Obviously, coins are added to the market of Japan, where they are popular, since they will not be available for trading in the American jurisdiction until the SEC authorizes them.
A month earlier, on June 11, Coinbase was made a similar announcement of intent with respect to Ethereum Classic, prompting a rapid growth of the asset. According to the management of Coinbase, the publication of announcements makes the process of adding new coins to the exchanger more transparent and understandable for the regulator and bidders.
The Ripple currency (XRP) is not mentioned again in the announcements of Coinbase, despite the insistence of Ripple's head of Brad Garlinghouse. At the end of last year, Garlinghouse offered Coinbase for listing a fee in the form of a loan of $ 100 million in digital currency. At the CB Insights Future of Fintech June 19-21 in New York, said that Coinbase "should add to its listing XRP." The exchanger remains adamant, as the SEC has not yet expressed its opinion on the status of Ripple.
MasterCard has tested and patented the technology of cryptocurrency transactions
MasterCard Corporation has received a patent for the technology of binding digital currencies to accounts in fiat money and is fully prepared for carrying out cryptocurrency payments on bank cards. Pilot projects for the export of cryptocurrencies to MasterCard in Singapore and Japan have been recognized as successful. The patent application was filed in May and approved on Tuesday, July 17, by the US Patent and Trademark Office.
At the same time, the company's position on the whole of cryptocurrencies has not changed yet: the purchase continues to be subject to an increased commission, since it is equated to withdrawal of cash, and the priority of MasterCard remains the servicing of digital money issued by central banks or supported by a regulator.
In an interview with the Financial Times, MasterCard Executive Director Ari Sarker said that governments that are going to launch national cryptocurrencies can count on providing assistance from the company. "If a regulator is behind a crypt, and if its value is not in anonymity, then it will be interesting for us to work with such a digital asset," Sarker said.
MasterCard Corporation has received a patent for the technology of binding digital currencies to accounts in fiat money and is fully prepared for carrying out cryptocurrency payments on bank cards. Pilot projects for the export of cryptocurrencies to MasterCard in Singapore and Japan have been recognized as successful. The patent application was filed in May and approved on Tuesday, July 17, by the US Patent and Trademark Office.
At the same time, the company's position on the whole of cryptocurrencies has not changed yet: the purchase continues to be subject to an increased commission, since it is equated to withdrawal of cash, and the priority of MasterCard remains the servicing of digital money issued by central banks or supported by a regulator.
In an interview with the Financial Times, MasterCard Executive Director Ari Sarker said that governments that are going to launch national cryptocurrencies can count on providing assistance from the company. "If a regulator is behind a crypt, and if its value is not in anonymity, then it will be interesting for us to work with such a digital asset," Sarker said.
Samsung has started to trade for cryptocurrencies in Europe
Samsung began to sell the entire line of its goods for cryptocurrency in branded stores and partner stores in 3 EU countries - Estonia, Latvia and Lithuania. Testing of cryptocurrency payment is realized through the Belarusian payment system CopPay, which is popular in the Baltic States.
Samsung is ready to accept Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), NEM (XEM), Dash (DASH) and STEEM as payment. In addition, payment in cryptocurrencies will be available in Samsung online stores in the listed jurisdictions.
Samsung began to sell the entire line of its goods for cryptocurrency in branded stores and partner stores in 3 EU countries - Estonia, Latvia and Lithuania. Testing of cryptocurrency payment is realized through the Belarusian payment system CopPay, which is popular in the Baltic States.
Samsung is ready to accept Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), NEM (XEM), Dash (DASH) and STEEM as payment. In addition, payment in cryptocurrencies will be available in Samsung online stores in the listed jurisdictions.
Will South Korea and China simultaneously lift the ban on ICO conducting?
South Korea and China today signed an agreement on joint regulation and supervision of the cryptocurrency and ICO. The agreement was signed at the level of the South Korean Financial Supervision and Supervisory Committee of the People's Bank of China. This could mean the simultaneous lifting of the ban on ICO, which should occur after the approval of the recommendations of the G20 approximately in October 2018.
Earlier, the National Assembly of South Korea approved the following thesis: "We will create legal bases for the cryptocurrency trade, including the lifting of the ban on ICO and the establishment of the Standing Committee of the National Assembly." This position is supported by the ruling Democratic Party, and the Central Bank of South Korea received the government's approval for the creation of a national digital currency as part of a plan to phase out physical money by 2020.
South Korea and China today signed an agreement on joint regulation and supervision of the cryptocurrency and ICO. The agreement was signed at the level of the South Korean Financial Supervision and Supervisory Committee of the People's Bank of China. This could mean the simultaneous lifting of the ban on ICO, which should occur after the approval of the recommendations of the G20 approximately in October 2018.
Earlier, the National Assembly of South Korea approved the following thesis: "We will create legal bases for the cryptocurrency trade, including the lifting of the ban on ICO and the establishment of the Standing Committee of the National Assembly." This position is supported by the ruling Democratic Party, and the Central Bank of South Korea received the government's approval for the creation of a national digital currency as part of a plan to phase out physical money by 2020.
Forwarded from Deleted Account
Hi everyone~
Here is your pictures and videos for Beyond Blocks Summit Seoul & Blockchain Partners Summit event.
I got link from Korean community.
When you watch video on your smartphone, please use earphone, so you can listen to the sound. It is no problem on computer.
* This is not official picture and video by event organizer.
Enjoy~
http://www.facebook.com/amble3000
Here is your pictures and videos for Beyond Blocks Summit Seoul & Blockchain Partners Summit event.
I got link from Korean community.
When you watch video on your smartphone, please use earphone, so you can listen to the sound. It is no problem on computer.
* This is not official picture and video by event organizer.
Enjoy~
http://www.facebook.com/amble3000
Facebook
AMBLE
AMBLE. 137 likes · 4 talking about this. 블록체인 암호화폐의 차별적 생태계 조성을 위한 암블의 탁월한 창조적 혁신과 아이템이 4차산업혁명의 신화를 창조할 것 입니다.
노아의 거북선 가즈아!
노아의 거북선 가즈아!
How to distinguish a security token and a utility token?
Security token is just security. “Under SEC guidelines, if you make an investment, and something you expect to get a profit, and your investment is pooled with others’ in a common project, and you are not actively involved in managing that project, it’s a security.”
“A utility token distinguishes from a security token, which must be registered, by saying that it has a utility feature to it. Typically these tokens carry with them many of the property characteristics of the securities token.”
“Maybe there is a token out there, that is truly different than a security. But the chairman of SEC, said every ICO I have seen is security. ”
“We all know that Bitcoin couldn’t be a security because there was never an offering, there was never a point of time somebody said “I give you some bitcoin, you give me some money”, there was never a sale of any bitcoin to investors buy a developer for money. Bitcoin can’t be a security, but it did happen for Ethereum. Ethereum could be treated as a security. So SEC until recently was investigating is Ethereum a security. If it were security, the consequences would be catastrophic. For example, the SEC could have frozen all Ethers, you can’t transfer Ether anymore.”https://youtu.be/fj1Wpfs59T4
Security token is just security. “Under SEC guidelines, if you make an investment, and something you expect to get a profit, and your investment is pooled with others’ in a common project, and you are not actively involved in managing that project, it’s a security.”
“A utility token distinguishes from a security token, which must be registered, by saying that it has a utility feature to it. Typically these tokens carry with them many of the property characteristics of the securities token.”
“Maybe there is a token out there, that is truly different than a security. But the chairman of SEC, said every ICO I have seen is security. ”
“We all know that Bitcoin couldn’t be a security because there was never an offering, there was never a point of time somebody said “I give you some bitcoin, you give me some money”, there was never a sale of any bitcoin to investors buy a developer for money. Bitcoin can’t be a security, but it did happen for Ethereum. Ethereum could be treated as a security. So SEC until recently was investigating is Ethereum a security. If it were security, the consequences would be catastrophic. For example, the SEC could have frozen all Ethers, you can’t transfer Ether anymore.”https://youtu.be/fj1Wpfs59T4
YouTube
How to Distinguish a Security Token and a Utility Token?
Gary J. Aguirre, security attorney and former investigator with the United States Securities and Exchange Commission (SEC), shared more information about SEC...
Some Traders Are Talking Up Cryptocurrencies, Then Dumping Them, Costing Others Millions
https://www.wsj.com/graphics/cryptocurrency-schemes-generate-big-coin/?mod=e2tw
https://www.wsj.com/graphics/cryptocurrency-schemes-generate-big-coin/?mod=e2tw
WSJ
Some Traders Are Talking Up Cryptocurrencies, Then Dumping Them, Costing Others Millions
‘Pump groups’ fuel millions in trading activity, with price rises followed by quick falls