Investorideas.com breaking Bitcoin, blockchain and crypto stock news

Friday, August 23, 2019

#CryptoCorner: Circle Looking to Deploy $100 Million Venture Fund, Libra Backers Questioning Support Amid Regulatory Pressure, Pundi X Expanding Payments throughout Venezuela




#CryptoCorner: Circle Looking to Deploy $100 Million Venture Fund, Libra Backers Questioning Support Amid Regulatory Pressure, Pundi X Expanding Payments throughout Venezuela



Point Roberts, WA, Delta BC, August 23, 2019 - Investorideas.com, a leader in crypto and blockchain investing news brings 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:  



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

August 23 Crypto Corner

Stocks discussed: (NasdaqGS:FB)

Crypto firm Circle is looking for a general partner to raise and deploy a $100 million USD venture fund for its equity crowdfunding platform SeedInvest, according to a recent LinkedIn posting. Acquired by Circle in March this year, SeedInvest has funded over 150 startups and has a network of over 250,000 investors.

A Financial Times piece reports that three backers of Facebook’s (NasdaqGS:FB) Libra project have questioning their support in the wake of considerable regulatory pressure, according to coverage from Cointelegraph. One of the partners, who remained anonymous, told the Financial Times:

“I think it's going to be difficult for partners who want to be seen as in compliance [with their own regulators] to be out there supporting [Libra].”

Another partner, who also went unnamed, said:

“Some of those conversations [about regulation] should have taken place before the launch, to understand how regulators would think about this, so there wasn’t so much pushback.”

Crypto payments provider Pundi X is expanding to allow payments in Venezuela, according to a company blog post. The company’s blockchain-powered payment device, XPOS, is being implemented by Traki, which operates Venezuela’s largest chain of department stores with 49 locations. Zac Cheah, Co-founder and CEO of Pundi X, commented:

“Traki has been one of the early adopters of cryptocurrencies in Venezuela, which highlights its commitment to improve the traditional financial system. We hope the XPOS further expands the crypto use cases that customers have come to expect from Traki.”

Gabriel Falcone, representative of Pundi X Venezuela, said:

“With this recent partnerships with Traki we are beginning the execution of an ambitious plan that includes the introduction of the revolutionary Pundi X Platform, XPOS and XPASS in businesses connected to people’s everyday life, such as food and beverages, supermarkets, pharmacies, tourism, health, among others. Soon we will see more announcements from Pundi X in Venezuela, as well as, key partnerships that will benefit all users and merchants.”

BNN Bloomberg reports that Rwanda’s central bank is eyeing the possibility of creating its own digital currency. The country’s Financial Stability Director-General Peace Masozera Uwase said:

“There are still concerns about how exactly you convert the entire currency into digital form, how to distribute that and how fast can you process those transactions. Challenges come in, if technology is down how do you deal with such issues? We will join in once we are ready.”

Sam Mowers, Investorideas

Read other editions of the  Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News


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. 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
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800-665-0411




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






No comments:

Post a Comment

#CryptoCorner #Podcast 888: #Stocks discussed: (TSX: $WNDR.TO) (OTC: $BLQC) (OTC: $SANP)

      #CryptoCorner #Podcast 888: #Stocks discussed: (TSX: $WNDR.TO) (OTC: $BLQC) (OTC: $SANP)   Bitbuy to Offer Stock Trading, Bl...