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Wednesday, July 31, 2019

Investorideas.com - Middle East's First Licensed Crypto Exchange 'Rain' is Live

Investorideas.com - Middle East's First Licensed Crypto Exchange 'Rain' is Live

www.investorideas.com - news that inspires big ideas

#CryptoCorner: Facebook: US Senator Admits Gov’t “Couldn’t Succeed” in Banning #Crypto, Sony ( $SNE) Subsidiary Co-Leads Funding for Bitwala and Rain Exchange Opens in Middle East

#CryptoCorner: Facebook: US Senator Admits Gov’t “Couldn’t Succeed” in Banning #Crypto, Sony ( $SNE) Subsidiary Co-Leads Funding for Bitwala and Rain Exchange Opens in Middle East



Point Roberts WA, Delta BC, July 31, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:   https://www.investorideas.com/Audio/Podcasts/2019/073119-CryptoMarket.mp3



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July 31 Crypto Corner

Stocks discussed: (NYSE:SNE)

The U.S. Senate Banking Committee Chairman, Mike Crapo (R-ID), conceded that the government would likely be unable to successfully ban Bitcoin (BTC) even if it wanted to, according to coverage in Forbes. Crapo made the admission during the committee hearing titled: Examining Regulatory Frameworks for Digital Currencies and Blockchain.

“If the United States were to decide — and I’m not saying that it should — if the United States were to decide we don’t want cryptocurrency to happen in the United States and tried to ban it, I’m pretty confident we couldn’t succeed in doing that because this is a global innovation.”

The comment was directed at Jeremy Allaire, co-founder and CEO of payment tech firm Circle, who elaborated:

“I think the challenge that we all face with this is some of these cryptocurrencies — they’re literally just a piece of open-source software. There’s nothing else. It exists on the internet, it’s open-source software, anyone can implement it, it runs wherever the internet runs, and these have a monetary policy where these assets are algorithmically generated . . . That is a challenge that every government in the world now faces — that money, digital money, will move frictionlessly everywhere in the world at the speed of the internet.”

The UK’s financial watchdog has published its Guidance on Cryptoassets, detailing regulation of crypto in the country. In it, the Financial Conduct Authority defines cryptos like Bitcoin and Ether (ETH) as “exchange tokens” and outside the remit of regulation. This, however, does not completely exempt them from all regulation:

Any token that is not a security token, or an e-money token is unregulated. However, market participants should note certain activities that use tokens may nevertheless be regulated, for example, when used to facilitate regulated payments.

Cointelegraph reports that Germany-based crypto banking startup Bitwala has raised some $14.5 million USD in a funding round co-led by Sony Financial Ventures, a subsidiary of Sony Corporation (NYSE:SNE). Jan Goslicki, co-founder and Chief Compliance Officer at Bitwala said:

“We started Bitwala to do something that nobody thought was possible: to connect Bitcoin and the conventional financial system while fulfilling the requirements of the strict German banking regulation.”

CoinDesk reports that crypto exchange Rain has opened trading in the Middle East following the receipt of a Crypto-Asset Module (CRA) license from Bahrain’s central bank and a $2.5 million funding round co-led by BitMEX Ventures. BitMEX co-founder and CEO commented:

“As the first licensed cryptocurrency exchange in the Middle East, Rain has an unprecedented opportunity to tap into the incredible potential that cryptocurrency trading will bring to the region. We believe that Rain will bring greater diversification to Middle-Eastern traders with its exchange offering and experienced team, and we are thrilled to contribute to this defining moment.”

Sam Mowers, Investorideas

Read other editions of the  Crypto Corner

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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/






Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)
@GenesisBlockch  , @GbtTechnologies
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.comCryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:


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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.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.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas

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Tuesday, July 30, 2019

#CryptoCorner: Facebook (NASDAQ: $FB): “No Assurance” that Libra Will Launch, #Blockchain Debuts #Crypto Exchange The PIT, Pundi X and Samsung Integrate Each Other’s Blockchain Tech



#CryptoCorner: Facebook (NASDAQ: $FB): “No Assurance” that Libra Will Launch, #Blockchain Debuts #Crypto Exchange The PIT, Pundi X and Samsung Integrate Each Other’s Blockchain Tech



Point Roberts, WA, Delta BC July 30, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .




Subscribe to Podcast RSS feed:
https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml


Stocks discussed: (NasdaqGS:FB) (KSE:005930)

In a recently published quarterly report, Facebook (NasdaqGS:FB) has conceded that its cryptocurrency project, Libra, may never actually see the light of day. The report details the “significant scrutiny from governments and regulators” incurred by the company following the announcement of Libra and frankly discusses the challenges this presents to the realization of the project. An excerpt reads:

“…market acceptance of such currency is subject to significant uncertainty. As such, there can be no assurance that Libra or our associated products and services will be made available in a timely manner, or at all. We do not have significant prior experience with digital currency or blockchain technology, which may adversely affect our ability to successfully develop and market these products and services. We will also incur increased costs in connection with our participation in the Libra Association and the development and marketing of associated products and services, and our investments may not be successful. Any of these events could adversely affect our business, reputation, or financial results.”

CNBC reports that crypto wallet platform Blockchain has launched a high-speed cryptocurrency exchange called The PIT, which aims to rival the top companies in the field. Blockchain CEO Peter Smith said The PIT could execute buy or sell orders in “40 to 50 microseconds,” which is an “order of magnitude faster than other market players” like Coinbase and Binance. Nicole Sherrod, head of trading products at Blockchain, told CNBC:

“In volatile markets in particular, speed is of utmost importance. I would not feel comfortable delivering a platform to retail investors that puts them in a position where they couldn’t get in and out of a trade with lightning-fast speed.”

Blockchain solutions provider Pundi X and Samsung (KSE:005930) have integrated tech from each other relating to blockchain wallet applications, according to a blog post yesterday. Specifically, Pundi X has integrated the Samsung Blockchain Wallet, and Samsung has adopted the Pundi X XWallet app. An excerpt from the press release reads:

Samsung Galaxy S10 users can now add the XWallet app to their Samsung Blockchain Wallet. Users can move cryptocurrencies stored in the Samsung Blockchain Wallet into the XWallet, which they can then use as a checking account for instant crypto transaction with Pundi X’s global payment ecosystem. For XWallet users who use Samsung Galaxy S10, they will also have more options by adding Samsung Blockchain Wallet to their XWallet app. They will be able to choose to store their digital assets securely in Samsung Blockchain Wallet, like a saving account.

Filipino bank UnionBank has launched its own digital currency, according to local outlet PhilStar Global. Called PHX, the currency is a stablecoin built on the company’s i2i platform, which stands for island-to-island, institution-to-institution, and individual-to-individual. i2i is UnionBank’s clearing system that connects rural banks through blockchain technology.

Sam Mowers, Investorideas

Read other editions of the  Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News

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/






Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)
@GenesisBlockch  , @GbtTechnologies
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:


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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.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.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas

Contact Investorideas.com
800-665-0411




Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 




Monday, July 29, 2019

Investorideas.com - HIVE Blockchain (TSXV:HIVE) (OTCQX:HVBTF) Reaches 99% Capacity Utilization In Swedish Operations

Investorideas.com - HIVE Blockchain (TSXV:HIVE) (OTCQX:HVBTF) Reaches 99% Capacity Utilization In Swedish Operations

www.investorideas.com - news that inspires big ideas

#CryptoCorner: Huawei CEO Says Chinese State Should Compete with Libra (NASDAQ: $FB), Iran Officially Authorizes #Crypto Mining, Ripple Writes Open Letter to US Congress Urging Fair Regulation


#CryptoCorner: Huawei CEO Says Chinese State Should Compete with Libra (NASDAQ: $FB), Iran Officially Authorizes #Crypto Mining, Ripple Writes Open Letter to US Congress Urging Fair Regulation



Point Roberts WA, Delta BC July 29, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .




Subscribe to Podcast RSS feed:
https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml


Stocks discussed: (NasdaqGS:FB)

In an interview with Italian media outlet L’economia, Ren Zhengfei, the CEO of Chinese telecommunications giant Huawei, said that the government of China should compete with Facebook’s (NasdaqGS:FB) Libra. When asked about the status of the U.S. dollar as a global currency and its relationship with Libra, Ren asserted that the government of China should preempt Facebook:

"Even China is able to issue such currencies, why wait for Libra? The strength of a state is greater than that of an Internet company.”

The government of Iran has officially authorized cryptocurrency mining, following a cabinet meeting on Sunday, according to local outlet Mehr News Agency. Those interested in mining must obtain a license from the Ministry of Industry, Mine and Trade, and the authorities caution that miners “should accept its risks and the government and banking system will not provide any guarantees for them”. The piece indicates that this could be a first step toward legalization of cryptocurrencies in the country, in part as a means to mitigate the effect of U.S.-led sanctions.

CoinDesk reports that Aximetria, a “firm offering a personal finance app for both fiat and cryptocurrencies”, has been awarded a license from the Swiss Financial Services Standards Association (VQF). This license signals to regulators that Aximetria is fully compliant with anti-money laundering laws in Switzerland. Alexey Ermakov, founder and CEO of Aximetria, explained the importance of this license:

“Compared to the EMI (Electronic Money Institution license), which is the most popular regulation standard for European and British companies, the Swiss license is much more desirable for a fintech company. This is because it also extends to crypto laws in Switzerland and gives us a wide range of future business development, including loans, FX, e-money accounts and salary projects.”

Ripple has written an open letter to the U.S. Congress, in which the company petitions for fair regulation in the wake of recent crypto hearings in the government. An excerpt reads:

Companies like ours in the United States, and others abroad, employ these innovations in partnership with regulated financial institutions to enable the world to move money across borders like it already moves information—efficiently, reliably, inexpensively. In our view, digital currencies have the opportunity to complement existing currencies like the U.S. dollar—not replace them.

Without a doubt, blockchain and digital currencies will engender greater financial inclusion and economic growth not unlike the internet’s historic impact. As it did with the internet, the U.S. has the chance to lead the way, nurturing this economic opportunity while continuing to protect privacy and stability.

We urge you to support regulation that does not disadvantage U.S. companies using these technologies to innovate responsibly, and classifies digital currencies in a way that recognizes their fundamental differences—not painting them with a broad brush.


Sam Mowers, Investorideas

Read other editions of the  Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News

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/






Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)
@GenesisBlockch  , @GbtTechnologies
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:


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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.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.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas

Contact Investorideas.com
800-665-0411




Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 


Investorideas.com - Bitcoin Miners Rake in $353 Million in October 2020 Revenue

Investorideas.com - Bitcoin Miners Rake in $353 Million in October 2020 Revenue