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Monday, April 30, 2018
#CryptoCorner; Japan’s FSA Targets Privacy-Oriented #Altcoins, #Binance Signs Deal with Bermuda and the Market Shows Stability
#CryptoCorner; Japan’s FSA Targets
Privacy-Oriented #Altcoins, #Binance Signs Deal with Bermuda and the Market
Shows Stability
Point Roberts, WA, Delta BC – April 30, 2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner.
By Samuel Mowers at Investorideas.com
Japan’s FSA Targets
Privacy-Oriented Altcoins, Binance Signs Deal with Bermuda and the Market Shows
Stability
Japan’s Financial Services Agency (FSA) is
pressuring cryptocurrency exchanges to drop privacy-oriented altcoins,
according to a piece in Forbes. Coins
such as Monero (XMR), Dash (DASH), and Zcash (ZEC) are being targeted as they
are sometimes “favoured by criminals and hackers”:
“Sources close to the FSA confirmed that they were
taking all available steps to discourage the use of certain alternative virtual
currencies that have become attractive to the underworld because they are
difficult to track. In September of last year, the European Union’s law
enforcement agency, Europol, released a report that warned “other
cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity
within the digital underground.” Criminals, who were some of the earliest
adopters of Bitcoin, have increasingly dropped that cryptocurrency for
transactions in favor of Monero and other less traceable "altcoins."”
Cryptocurrency giant Binance recently signed a
memorandum of understanding (MOU) with Bermuda’s Premier and Minister of
Finance, David Burt. Bernews, a Bermudan news outlet, reported on the press conference held on April
27, in which Burt outlined the benefits proposed by Binance in the MOU:
1. Develop its global compliance base in Bermuda,
creating at least forty [40] jobs in Bermuda, with at least 30 jobs for
Bermudians;
2. Through the Binance Foundation sponsor
university-level training for Bermudians in blockchain technology development
and compliance in an amount up to US$10 million;
3. Through Binance Labs make up to US$5 million
available for investments in new Bermuda based blockchain companies;
4. As soon as practicable, develop a Digital Asset
Exchange in Bermuda subject to all required legal and regulatory processes; and
5. Work collaboratively with the Government of
Bermuda and all necessary oversight agencies in the development and improvement
of a robust legal and regulatory framework.
Coming out of the weekend, the total cryptocurrency
market cap is about $430 billion USD at press time. This is roughly $15 billion
USD higher than it was going into the weekend. Most of the top coins have
remained stable throughout the weekend, following a correction in the market in
the middle of last week. EOS (EOS) has notably seen a drop in price of nearly
ten percent in the last 24 hours, trading at about $18.75 USD at press time
after reaching $22 USD yesterday.
Crypto Corner Sponsors:
Flip™ is the creation of Fit Pay, Inc., a leading provider of
cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD).
By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders
to seamlessly exchange their cryptocurrency for US dollars and store that value
on a contactless payment device that can be used to make purchases at millions
of retail locations. https://www.fliptopay.com/
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creates original content, including video, interviews and articles. Original
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as an offer or solicitation to buy or sell products or securities. All
investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
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Cryptocurrency Disclaimer
Investorideas.com news content is not
meant to be a solicitation to buy or sell cryptocurrencies and
Investorideas.com does not directly sell cryptocurrencies; but acts as a news
and research resource for interested investors following the blockchain sector.
Contact Investorideas.com
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#Blockchain Stock News: UPCO International Inc. (CSE: $UPCO.C) (OTC: $UCCPF) (Frankfurt: U06) Announces Appointment of Craig Phillips as Head of Commercial Operations
#Blockchain Stock News:
UPCO International Inc. (CSE: $UPCO.C) (OTC: $UCCPF) (Frankfurt: U06) Announces
Appointment of Craig Phillips as Head of Commercial Operations
Vancouver,
British Columbia - April 30, 2018 (Investorideas.com Newswire) Upco
International Inc. (CSE: UPCO) (Frankfurt: U06)
("UPCO") is pleased to announce that it has appointed Mr. Craig
Phillips as Head of Commercial Operations. Mr. Phillips is a results-oriented
business professional with proven abilities in strategic planning, managing
projects, improving efficiency of operations, team building and
developing/implementing outsource projects. He has held various senior
management roles in a number of Telecom companies and has planned, directed and
co-ordinated activities of multiple projects ranging in value from $US290K to
$US2.6 mill in the Telecommunications field. He has been responsible for
projects in Japan, Myanmar, Cambodia, Indonesia, Singapore and India.
He
holds a Bachelor of Commerce Degree, majoring in Economics and Finance from
University of Western Sydney Australia.
Mr
Andrea Pagani, CEO and President commented: "We are very pleased to have
Mr. Craig Phillips join our team as the Head of Commercial Operations. Mr.
Phillips has a very successful background assisting and building companies on
the international stage. He will bring tremendous value to our company through
his vast network as we roll out our Blockchain E-wallet."
Upco
has issued 1,550,000 stock options exercisable at $0.23 for a period of 5 years
to advisors of the company.
About Upco
International Inc.
Upco International Inc. is a cloud-based mobile service
company which provides high-quality voice termination to a market driven by the
growing activity in online communications and commerce. Upco is a licensed
Global Telecom Carrier within the international VoIP (voice over IP) wholesale
business. Upco has designed a software application for Apple iOS and
Android, similar to SKYPE and WhatsApp. With
the forthcoming addition of the Upco E-Wallet using Blockchain Payment
Services, users will be able to: send
invoices, approve payments, transfer international funds, convert international
currencies, and track transfers and payments.
The application will also allow vendors to securely share account
information with their clients.
Please
visit www.upcointernational.com for further information.
ON
BEHALF OF THE BOARD OF DIRECTORS
Andrea
Pagani, CEO and Director
Forward-Looking
Statements
This press release contains forward-looking information
or forward-looking statements (collectively "forward- looking
information") within the meaning of applicable securities laws. Forward-
looking information is typically identified by words such as: “will” “may”
"believe", "expect", "anticipate",
"intend", "estimate", “development”, “forthcoming”,
"potentially" and similar expressions, or are those, which, by their
nature, refer to future events. Upco cautions investors that any
forward-looking information provided by Upco is not a guarantee of future
results or performance, and that actual results may differ materially from
those in forward-looking statements.
Upco International Inc. (CSE:
UPCO)
is a featured company on Investorideas.com
Investorideas.com features content
for Bitcoin, Blockchain and Digital Currency Stocks and ICO's at Cryptocurrencyinvestorideas.com, Blockchaininvestorideas.com and Investorideas.com
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Blockchain and Digital Currency Stocks Directory
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Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
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party sourced news, articles and equity research as well as creates original
content, including video, interviews and articles. Original content created by
investorideas is protected by copyright laws other than syndication rights. Our
site does not make recommendations for purchases or sale of stocks, services or
products. Nothing on our sites should be construed as an offer or solicitation
to buy or sell products or securities. All investment involves risk and
possible loss of investment. This site is currently compensated for news
publication and distribution, social media and marketing, content creation and
more. Contact each company directly regarding content and press release
questions. Disclosure is posted for each compensated news release, content
published /created if required but otherwise the news was not compensated for
and was published for the sole interest of our readers and followers. More
disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: UPCO is a paid PR, news and social media
client on Investorideas.com
Friday, April 27, 2018
#CryptoCorner; France Cuts Tax Rates, Japanese Exchange Almost as Successful as Stock Exchange Operator and Australian Regulator Talks #Crypto
#CryptoCorner; France Cuts Tax Rates, Japanese Exchange Almost as
Successful as Stock Exchange Operator and Australian Regulator Talks #Crypto
Point Roberts, WA, Delta BC – April 27, 2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner.
By Samuel Mowers at Investorideas.com
Read this is full at http://www.investorideas.com/news/2018/crypto-corner/04271FranceJapanAustralia.asp
France Cuts Tax Rates, Japanese Exchange Almost as Successful as Stock
Exchange Operator and Australian Regulator Talks Crypto
France’s tax rate on cryptocurrency purchases was
changed from 45 percent to 19 percent according to a report in Le Monde yesterday. This comes after a decision by the Conseil d’Etat to
reclassify profit made from cryptocurrencies as capital gains of "movable
property".
“Under this regime, gains from the sale of
cryptocurrencies are considered industrial and commercial profits (BIC) in the
case of usual activity, and as non-commercial profits (NBC) in case of
occasional activity. This classification has specific tax consequences and
results in a tax rate of up to 45% for income tax purposes, for the wealthiest
taxpayers, in addition to the 17.2 % of generalized social contribution (CSG)
also levied.”
According to a piece in Bloomberg, Japanese crypto exchange Coincheck almost earned as much as the
country’s top stock exchange operator in the ten months from April 2017 to
January 2018.
“Japanese cryptocurrency exchange Coincheck Inc.
earned an estimated 53.2 billion yen ($490 million) in the 10-month stretch
from April 2017 through January, according to its new owner Monex Group Inc. By
comparison, Japan Exchange Group, operator of Japan’s biggest stock and
derivatives markets, made 71.8 billion yen in the 12-month period that ended in
March, it said Friday. The figures illustrate how lucrative crypto-trading can
be -- assuming bourses can avoid being hacked.”
This is similar to yesterday’s news of cryptocurrency exchange giant Binance recording a
higher profit than Germany’s largest bank, Deutsche Bank in Q1 of this year.
Australian Securities and Investments
Commissioner (ASIC) John Price gave a speech at a Sydney FinTech event, wherein he outlined the country’s
ICO and Crypto regulations. Price said that while ASIC wants to see new
technology succeed, the main priority is to protect consumers:
“We are determined – as are you – to see
Australia’s innovative fintech and regtech flourish in the right regulatory
environment, and that means maintaining an open mind when it comes to new
technologies and ‘early-days’ business models.
But – and this is an important ‘but’ – ASIC must be
focused on both protecting Australian consumers and facilitating innovation
across the financial services industry.”
The development of innovative technologies like
blockchain and ICOs has the potential to revolutionise how our society engages
with financial products and services, but with revolution comes risk…”
Crypto Corner Sponsors:
Flip™ is the creation of Fit Pay, Inc., a leading provider of
cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD).
By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders
to seamlessly exchange their cryptocurrency for US dollars and store that value
on a contactless payment device that can be used to make purchases at millions
of retail locations. https://www.fliptopay.com/
Investorideas.com is a leader in Blockchain content
with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
Join our LinkedIn Group Blockchain
and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
Disclaimer/Disclosure: Investorideas.com is a digital
publisher of third party sourced news, articles and equity research as well as
creates original content, including video, interviews and articles. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Our site does not make recommendations for purchases or
sale of stocks, services or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All
investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
not compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter is sponsored content by
featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Cryptocurrency Disclaimer
Investorideas.com news content is not
meant to be a solicitation to buy or sell cryptocurrencies and
Investorideas.com does not directly sell cryptocurrencies; but acts as a news
and research resource for interested investors following the blockchain sector.
Contact Investorideas.com
800-665-0411
Investor Ideas Adds New Stocks in #Cannabis (CSE: $EPIC.C $PILL.C), #Blockchain (TSX: $IMIN.V, NEO: $ETHC) #Gaming & #Mining
Investor Ideas Adds New Stocks
in #Cannabis (CSE: $EPIC.C $PILL.C), #Blockchain (TSX: $IMIN.V, NEO: $ETHC) #Gaming
& #Mining
Point Roberts, WA, Delta BC – April 27, 2018 –
Investorideas.com, a global news source and leading investor resource covering
actively traded sectors announces this week’s additions to its global stock
directories in cannabis, blockchain, gaming and mining.
Investorideas.com tracks companies in high-profile
trading sectors and makes ongoing additions to its stock directories for its members. Free previews of all
directories are available to the public with full login access only accessible
to members.
Read this news in full at http://www.investorideas.com/news/2018/main/04271Stocks.asp
The newest cannabis companies are both Canadian
Stock Exchange (CSE) listed while the latest blockchain companies are TSX
Listed and NEO listed respectively. Aequitas NEO
Exchange Inc is Canada’s next generation stock exchange,
putting the needs of investors, businesses looking to raise capital and dealers
first.
Also new this week is an Australia Exchange (ASX)
listed esport/gaming company with a tournament platform, “Gaming Battleground”
and a CSE listed mining & gold development company operating in Canada.
New Cannabis Companies Added:
Leviathan Cannabis Group Inc. (CSE:EPIC) The Company is focused on the cannabis sector and
encompasses a full service North American consumer engagement/marketing
services agency and a supporting cannabis media platform
Canntab
Therapeutics Limited (CSE: PILL) is
a Canadian cannabis oral dosage formulation company based in Markham Ontario,
engaged in the research and development of advanced pharmaceutical
grade formulations of cannabinoids. Canntab has developed in-house
technology to deliver standardized medical cannabis extracted from selective
strains in a variety of extended/sustained release pharmaceutical
dosages for therapeutic use. Simply put, Canntab's mission is to put the
"Medical" into medicinal cannabis!
New Blockchain Companies Added:
Ether Capital
Corporation (NEO:ETHC) Formerly Movit Media - is a Toronto-based
technology company whose objective is to become the central business and
investment hub for the Ethereum ecosystem. Ether Capital will invest in
Ethereum’s native utility token “Ether” as a strategic asset, and selectively
invest in or acquire Ethereum-based businesses. Founded by a highly experienced
Board of Directors and management team, Ether Capital has the resources,
experience and relationships to support businesses and invest in
industry-shifting disruptive technologies.
iMining
Blockchain and Cryptocurrency Inc. (TSX:IMIN.V) has positioned itself to be a leader in the
cryptocurrency and blockchain space by mining cryptocurrencies and providing
infrastructure and power to our colocation clients. Our aim is to give
investors exposure to the digital currency revolution and blockchain space.
New Gaming Companies Added:
Emerge Gaming (ASX: EM1.AX) Formerly Arrowhead Resources - is a leading
eSports tournament company. Emerge Gaming operates the online, eSports
tournament platform and lifestyle hub “Gaming Battleground”. Via this platform,
casual, social and hardcore gamers can play more than 300 gaming titles against
each other via their mobile, console or PC. The platform, which has to date
hosted over 10,000 online tournaments, uses its unique IP, advanced analytics
tracking and proprietary algorithms to deliver an optimum tournament gaming
experience for users while providing advertisers with the perfect vehicle for
delivery of their messaging to a fully engaged audience
New Mining Companies Added:
Sixty North Gold Mining Ltd. (CSE: SXTY) is
engaged in the acquisition and exploration of mineral properties. The
Issuer’s principal exploration target is a junior gold development company
focused on the Mon Gold Project, located near Yellowknife in the Yellowknife
Greenstone Belt, NWT, Canada.
The directories are not meant as recommendations
but as a research tool to discover opportunities and trading ideas in a
particular sector.
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publication and distribution, social media and marketing, content creation and
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questions. Disclosure is posted for each compensated news release, content
published /created if required but otherwise the news was not compensated for
and was published for the sole interest of our readers and followers. More
disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.
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