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CFTC Commissioner Recognizes Blockchain and Fintech Industry Potential

ICO-NEWS-CFTC-Recognizes-Blockchain-Industry-Potential Rostin Behnam | CFTC Commissioner

During the international meeting of regulators held last week, a member of the Commodity Futures Trading Commission (CFTC) positively assessed the potential use of the blockchain, emphasizing that the agency should respect the role of technology in financial markets.

CFTC Commissioner Rostin Behnam called for "unbiased regulation" of the financial technology industry, in particular, noting a number of applications for the distributed registry (DLT) during his speech at the annual International Association of Swaps and Derivatives (ISDA) in Tokyo.

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The head of Indian NASSCOM called cryptocurrency illegal

ICO-NEWS-NASSCOM-called-cryptocurrency-illega_20181027-070205_1 Debjani Ghosh | President of NASSCOM

The head of the Indian non-profit trade organization called the cryptocurrency "illegal" and urged enterprises to comply with local legislation.

Debjani Ghosh, president of the National Association of Software and Service Companies (NASSCOM), consisting of more than 2,000 companies, said that, from an organization's point of view, cryptocurrencies in India are illegal. According to her, the "illegal" status of cryptocurrencies was because the government could not keep up with innovations.

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Nigel Green: Ripple and Ethereum will surpass Bitcoin

ICO-NEWS-Ripple-and-Ethereum-will-surpass-Bitcoin Nigel Green | Head of deVere Group

The head of deVere Group, Nigel Green believes that in the coming years, the superiority of Bitcoin in the cryptocurrency market will significantly decrease. However, this will not prevent the first cryptocurrency to grow by another 5000%.

Green, however, recognizes the merits of Bitcoin and the revolution accomplished by this cryptocurrency, but believes that new technologies and cryptocurrencies will surpass the progenitor in time.

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Dash Core Group CEO: State Cryptocurrencies - The Inevitable Future

NEWS-State-Cryptocurrencies-The-Inevitable-Futur_20181025-063320_1 Ryan Taylor | Dash Core Group CEO

Dash Core Group CEO Ryan Taylor said that cryptocurrency issued by central banks is "the inevitable future." However, he noted that people themselves will decide what forms of money and when to use.

In a conversation with the Cointelegraph at the "Money20/20" conference, Taylor said that central banks have advantages in issuing their own cryptocurrencies. However, it all depends on the adoption of such coins by the market: "the free market can certainly develop a better embodiment of money than the government."

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CEO of Circle: cryptocurrencies need international regulation

ICO-NEWS-cryptocurrencies-need-international-regulation Jeremy Allaire | CEO of Circle

Large economies should begin coordinated regulation of cryptocurrency, said Circle cryptocurrency startup leader Jeremy Allaire. He stressed the growing support for the creation of international regulations for the regulation of digital assets by the cryptocurrency industry.

"Ultimately there needs to be normalization at the G20 level of critical crypto-related regulatory matters," he believes.

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Jackson Palmer: institutional investors will turn crypto into Wall Street 2.0

NEWS-Jackson-Palmer-crypto-into-Wall-Street-2.0 Jackson Palmer | Dogecoin Creator

The creator of Dogecoin, Jackson Palmer expressed concern about the arrival of institutional investors in the cryptocurrency industry. In his opinion, such a development of events could turn a decentralized ecosystem into "Wall Street 2.0".

"This is why I never understand people getting excited about ETFs, Bakkt, etc. Goodbye to decentralized peer-to-peer cash. Hello to Wall Street 2.0." Palmer tweets.

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El Petro's last chance: on the threshold of a decisive stage

ICO-NEWS-El-Petros-last-chance Nicolás Maduro | President of Venezuela

The loud statements of the President of Venezuela about the upcoming triumph of El Petro cryptocurrency and the possibilities to destroy the US sanctions pressure with its help have not yet received practical confirmation.

Against this background, a number of questions arise: is there a future for the coin, will it be presented in the listing of stock exchanges and can Maduro be able to put the country "on its feet" with the help of Petro.

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Fake-miners for Ripple, Cardano and Tether found on Google Play

ICO-NEWS-Fake-miners-found-on-Google-Play Lukas Stefanko | ESET researcher

Fake mining apps for XRP, Cardano (ADA) and Tether cryptocurrency found on Google Play. However, in reality, these applications only pretend that they are mining virtual coins, because from a technical point of view, mining of these tokens is impossible.

Fortinet employees noticed that applications are being promoted on Google Play as a means of mining XRP, Cardano (ADA) and Tether crypto-assets, but in fact, they are used only for displaying advertisements.

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CryptoEvent RIW Global Conference will sum up the year in the blockchain

RELEASE-MOSCOW-RIW-Global-Conference CryptoEvent RIW conference | Moscow, Russia

A global blockchain event, the CryptoEvent RIW conference, will take place in Moscow. The event will be held during the 21-23rd of November within the framework of Russian Internet Week; all areas of the blockchain's application from Fin Tech and AI to medicine, art and cinema will be discussed there. The largest exhibition venue in Russia, VDNH, was chosen as the venue.

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The Fourth Edition Of Block Hedge Business 2018 At Zurich Is Set To Create Ripples In The Blockchain World

RELEASE-ZURICH-MEGA-BLOCKCHAIN-CONFERENCE Block Hedge | Zurich, Switzerland

After putting together a series of successful blockchain conferences in the eastern part of the globe, Block Hedge is all set to unite leading stakeholders in the crypto sphere of the western world at Zurich in Switzerland.
Switzerland, as we know is one of the most prominent blockchain and cryptocurrency centers on account of its favorable business environment, regulations and tax rates. It is home to few of the most prominent crypto powerhouses, which is why it has been attracting the sizeable attention of all those involved in the field.

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