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Kelly Loeffler: “Bakkt launch day is approaching”

Kelly-Loeffler-Bakkt-launch-day-is-approaching Kelly Loeffler | Head of Bakkt

The head of Bakkt, the platform for institutional clients, Kelly Loeffler: "race day" is nearing, the platform is waiting only for approval of an application from the Commodity Futures Trading Commission (CFTC).

Initially, it was expected that the Bakkt platform would be launched at the beginning of this year, but the start was postponed due to the lack of approval by the company from US regulators. However, the company's management still believes in the launch of the platform already this year.

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Tom Lee: "the price of Bitcoin should be at around $ 14,000"

Tom-Lee-price-of-Bitcoin-should-be-at-around--14000 Tom Lee | Co-founder of Fundstrat Global Advisors

Tom Lee, co-founder of the US research company Fundstrat Global Advisors, expressed the opinion that the price of Bitcoin should be at around $ 14,000.

Lee also said that the old Bitcoin whales returned to the market and began a mass buying up of the first cryptocurrency due to the changing mood in the industry.

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Patrick Byrne: Blockchain revolution «bigger than the Gutenberg press»

Patrick-Byrne-Blockchain-revolution Patrick Byrne | Head of Overstock

The head of the American retail giant Overstock Patrick Byrne emphasized the blockchain's potential in the economy and said that in the future the invention of this technology would be equated with the creation of the Internet.

According to Patrick Byrne, the blockchain revolution we are currently seeing will be more important for future generations than the invention of the first printing press or the creation of the Internet.

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CFTC Chairman: “the blockchain is able to prevent the global financial crisis”

CFTC-Chairman-the-blockchain-is-able-to-prevent-the-global-financial-crisis Christopher Giancarlo | CFTC Chairman

Blockchain could change the financial world during the global financial crisis in 2008.

This opinion was expressed by the Chairman of the US Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, speaking at the fourth annual DC Blockchain Summit in Washington. According to him, the use of the blockchain would change the response of the regulators at that time.

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US SEC recalled the guidelines on primary token allocation

US-SEC-recalled-the-guidelines-on-primary-token-allocation US SEC recalled the guidelines on primary token allocation

The US Securities and Exchange Commission (SEC) recalled the guidelines on primary token allocation (ICO) on its Twitter account. The dedicated section of the regulator's website lists five aspects of the ICO that consumers should be aware. In addition, the SEC has posted information for investors and marketing specialists in the section.

The information has been on the site since last year, but the SEC decided to draw attention to it on social networks this weekend amid ongoing debates about regulating the industry. This material is notable for the fact that the SEC explains its principles regarding ICO in accessible language - it is much easier for all interested parties to familiarize themselves with the information in this format.

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US Department of Homeland Security is going to track cryptocurrency transactions

ICO-NEWS-US-is-going-to-track-cryptocurrency-transactions Kirstjen Nielsen | Secretary of Homeland Security

The Department of Homeland Security (DHS) is investigating the possibility of tracking cryptocurrency-oriented transactions.

A preliminary tender document published by representatives of the DHS Small Business Innovation Research Program discusses the possibility of using cryptocurrency transactions. Although the document emphasizes the possibility of using cryptocurrencies at both commercial and state levels, special attention is paid to analyzing anonymous cryptocurrencies that are used by criminals.

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Former head of the US Federal Reserve received a bit of Bitcoin as a gift

ICO-NEWS-Former-head-of-Fec-received-Bitcoin Janet Yellen | Former head of the US Federal Reserve

Former head of the US Federal Reserve Janet Yellen, known for her extreme skepticism about cryptocurrency, unexpectedly for herself became the owner of a small part of Bitcoin, having received it as a gift.

It is reported that the founder of the Bitcoin-gift service Biterica Raz Suprovichi sent Yellen 0.0031642 BTC (approximately $ 20) via her email address at the University of Berkeley.

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Ron Paul: Exempting cryptocurrency from taxes will help avoid the recession created by the Fed

ICO-NEWS-Exempting-cryptocurrency-from-taxe_20181031-063757_1 Ron Paul | Economist

The well-known critic of the Federal Reserve and part-time supporter of cryptocurrency Ron Paul published an article entitled "Trump Is Right, Fed Is Crazy", where he urged to abandon the fiat money printed by central banks, and start using alternative calculation options, which include cryptocurrencies.

Paul, discussing recent interest rate rises that US President Donald Trump called "crazy", explains that people always prefer using precious metals in cases where the national currency becomes unstable because the value of gold and silver is more stable. Therefore, the only chance to avoid a pending crisis is to abolish the "monetary madness," which includes the taxing of Bitcoin and other cryptocurrencies.

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US Federal Judge: fraudulent ICOs are subject to securities laws

ICO-NEWS--fraudulent-ICOs-are-subject-to-securities-laws Raymond Dearie | The US federal judge

The US federal judge ruled that the criminal case against two allegedly fraudulent primary tokens (ICO) placements is subject to securities laws.

District Judge Raymond Dearie on Tuesday ruled that the case against two allegedly fraudulent ICOs, which were carried out by a Brooklyn resident Maxim Zaslavsky, would be considered further, and the defendant's petition to dismiss the lawsuit was dismissed.

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Los Angeles to host 2018 US China Blockchain and Digital Currency Conference on August 22

PRESS-RELEASE-2018-US-China-Blockchain 2018 US China Blockchain and Digital Currency Conference

The 2018 US China Blockchain and Digital Currency Conference at LAX Marriott Hotel on August 22, 2018 is organized by Blockchain China Connect, Artisan Business Group, Inc., and partnered with FundingPost.com. Event sponsors include Triphop, a social travel and rewards platform based out of Silicon Valley that aims to enhance the travel experience for hotel guests while simultaneously helping hotels leverage social media marketing, WONO, a reliable decentralized peer-to-peer platform for exchanging property and services and LIQNET, an exchange with unique liquidity aggregation technology. The conference is the only Sino-US investment and funding focused event for blockchain and cryptocurrency industry. Hundreds of blockchain entrepreneurs, investors, bitcoin mine operators, traders, and legal taxation experts are expected to attend, and it will provide a great platform for peer-to-peer networking and exploring investment, finance, business and collaboration opportunities between the U.S., China and other countries.

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BitPay becomes the first crypto operator in the state of New York

ICO-NEWS-BitPay-becomes-the-first-crypto-operator-in-New-York Stephen Pair | Head of BitPay

The operator of crypto-payments, BitPay, became the eighth organization that received BitLicense from the New York State Department of Financial Services (NYDFS). On Monday, the Department announced that it had conducted a "comprehensive review" of the company's compliance with the principles of combating money laundering and fraud, as well as its capitalization, consumer protection and cyber security policies, after which the BitPay application was approved.

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Bitcoin climbed to current levels due to its popularity in Asia

ICO-LINK-NEWS-Bitcoin-climbed-to-current-levels-due-to-its-popularity-in-Asia

The last days were relatively calm for Bitcoins. Cryptocurrency is traded in a range of 16 000 - 17 000 thousand dollars and almost does not make sharp movements in one direction or another. However, many wonder: what exactly pushed him to such levels, unthinkable a few months ago? In addition to such obvious reasons, as the launch of Bitcoin futures in the US, there are less obvious. According to the report of the Wall Street Journal, the last few months Bitcoin has become extremely popular among traders and the population of East Asian countries, and not only Japan and China. CryptoCompare states that Japan, South Korea and Vietnam last month provided more than 80% of the total trading volume.

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The US Customs Service proposed 14 ways to use blockchain in its operations

ICO-LINK-NEWS-US-Customs-Service-proposed-to-use-blockchain

The Commission of Experts of the Bureau of Customs and Border Control of the United States (CBP) is studying the applicability of the blockchain and how it can be used within the agency's work. According to the published report, the working group was established by the Advisory Committee of Commercial Customs Operations (COAC) in September. Originally it was established by the COAC and the Bureau of Customs and Border Control to identify issues related to new technologies or the promotion of existing technologies that will affect trade.

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SEC: Celebrity ICO support is "potentially illegal"

ICO-LINK-NEWS-US-SEC

The US Securities and Exchange Commission (SEC) issued a statement that calls public support for various ICO celebrities of all kinds "potentially illegal" and warns that "stars" who thus advertise tokens may be held responsible for violating federal securities laws. In a joint statement issued by the SEC's special unit dealing with violations in the ICO and the SEC Office for Supervision and Verification, it is written that public support for celebrity ICO potentially violates the rules for securities regulation, since they do not properly disclose the source and amount of compensation paid for an advertising campaign.

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The Massachusetts Institute of Technology (MIT) will issue diplomas based on the blockchain

ICO-LINK-BLOG-MIT

Massachusetts Institute of Technology (MIT) decided to revise the system of issuing diplomas to its graduates. The other day, he unveiled a pilot program to test the capabilities of the blockchain for issuing diplomas. According to a publication on the MIT News website, the pilot program that began this summer provided 111 MIT graduates with an opportunity to receive a diploma of education through an application based on a blockchain for a smartphone in addition to the traditional printed version.

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Bitcoin as a Nuclear Bomb in the Currency War between China and the US

ICO-LINK-BLOG-Bitcoin-Bom_20171107-103242_1

Chinese financial analyst Xiao Lei published an article in which he claims that the crypto-currency has become a battlefield in the "new currency war" between China and the United States. Despite the fact that some people consider his views conspirational, this article still attracted considerable attention after the publication on one of the media channels Baidu Baijia, owned by the largest Chinese Internet company Baidu. In the article, Xiao Lei states: "As an investor, I'm worried if I can make money from investing in Bitcoin. However, if you look at the scale of the country, I am worried if I can use it, and if there are any factors that will be unfavorable for me in the future. "
Lei believes that in the modern world "the strategic importance of traditional commodity assets, such as oil and grain ... may not be so high when the confrontation between countries has entered the virtual space."

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US Treasury Officials for more detailed study of the blockchain

ICO-LINK-BLOG-US-TREASURY

One of the government officials involved in the study of distributed registry technology, initiated by the US Treasury, insists on a deeper testing of the blockchain technology. In an article published this week in the Journal of Federal Financial Management, Craig Fischer, the head of the project group for the management of financial innovation and transformation (FIT) of the Treasury Department of the Ministry of Finance, proposed to investigate in more detail the technology of the distributed registry. He noted that the possibilities of its application will help improve the exchange of data and information.

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US REGULATION OF ICOs: the tokens were equated to the release of ordinary shares

ICO-LINK-BLOG-US-EXCHANGE-COMISSION

In the United States, tokens issued under the ICO were equated to release of ordinary shares. Now, issuers will need to register for the issue of virtual shares. The decision of the regulator will make it difficult for investors in the US market to invest in the crypto currency, but the organizers of ICO will have to seriously assess the risks that can reduce the number of fraud cases.

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