Thursday, August 30, 2018

PR: Access Sold out ICO’s Through Vertex Aftermarket

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

With the growing interest by investors in getting on board with cryptocurrency, often the most effective and popular tokens sell out quickly leaving many disappointed in the lack of access to these top tokens, or even if tokens are only offered on private sale to which the investor has no access. That would mean they had lost out.

Vertex has created an aftermarket for sold out tokens where investors would have access to these tokens at pre-sale prices.

How does Vertex open re-open the doors for Investors?

The first step taken by the well-experienced Vertex team, which consists of private equity and venture capital investors, will put each ICO they deem to be the best, through a 6-step vetting process. This includes gathering all available information on the ICO in question. The data then is, and the ICO in questions team’s claims are tested for validity, there will be personal interaction with the team members, and stringent due diligence will be followed into the financial strength of the ICO.

Once the ICO’s have been vetted and produced stellar outcomes the team will invest not less than $500 000 in the ICO. This will immediately give the ICO a boosted status and reputation.

The tokens that are bought at preferential rates will be sold to the Vertex community investors at the pre-sale price. In other words, re-opening the door to investors to gain access to the very best ICO’s available.

Advantages of the Vertex Aftermarket to Investors

Often investors, especially those that are new to the marketplace are trepidatious of this new school platform for various reasons

Firstly they are not sure firstly of when is the right time to invest. With regard to both the token sale process and with regard to the financial climate generally.

Secondly, they may not know where to access coins. Often they are bombarded by ‘brokers’ who at the end of the day often turn out to be scammers. Often new investors hear these stories, and it makes for a negative intimation.

Thirdly, which ICO to choose? There are so many out there, and not all are going to be a success.

Vertex has not only taken the guesswork out of the equation but also supplied a sense of security through the team of professional investment guru’s, a stringent vetting process and a narrowing down of the ICO options to only the best ones. Further to this, new investors will have access to a large community of like-minded individuals to turn to for advice and input.

Vertex looks set to become the benchmark for the best ICO’s on offer and investors that join their community will be assured of not only having access to tokens they would never have been able to access as an individual, but they will also be buying successful tokens that they can invest in with peace of mind. Essentially becoming a one-stop shop for all investors alike.

Contact Email Address:
marketing@vertex.market

Supporting Link:
https://vertex.market

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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source https://cryptocurrencyonline.co/pr-access-sold-out-icos-through-vertex-aftermarket/

How to figure out the best pricing for your SaaS

Reserve Bank of India Anticipates Shift to P2P Crypto Trading

India’s central bank has released its latest annual report which includes a section dedicated to cryptocurrency. The Reserve Bank of India outlines the risks posed by crypto and emphasizes the need to monitor crypto development in anticipation that some trading may shift from exchanges to peer-to-peer (P2P) mode.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Risks to Monetary Policy

Reserve Bank of India Anticipates Shift to P2P Crypto TradingThe Reserve Bank of India, the country’s central bank, published on Wednesday its 268-page annual report for 2017-18.

While asserting that “the cryptocurrency eco-system may affect the existing payment and settlement system which could, in turn, influence the transmission of monetary policy,” the central bank wrote:

Though cryptocurrency may not currently pose systemic risks, its increasing popularity leading to price bubbles raises serious concerns for consumer and investor protection, and market integrity.

A Shift to Peer-to-Peer

Reserve Bank of India Anticipates Shift to P2P Crypto TradingThe annual report also confirms that the government and the central bank “are keeping a close watch on cryptocurrency.”

Referring to the circular it issued in April banning all financial institutions from providing services to “any individual or business entities dealing with or settling in virtual currencies,” RBI reiterated:

Developments on this front need to be monitored as some trading may shift from exchanges to peer-to-peer mode, which may also involve increased usage of cash. Possibilities of migration of crypto exchange houses to dark pools/cash and to offshore locations…require close watch.

Since the RBI ban, crypto exchanges in India have come up with solutions to continue providing Indian rupee deposit and withdrawal services to their customers. One solution that is growing in popularity is through exchange-escrowed P2P trading.

RBI Sees Additional Risks

Reserve Bank of India Anticipates Shift to P2P Crypto TradingRBI claims that cryptocurrencies are “prone to hacking and operational risk” because they are stored in electronic wallets. In addition, the central bank sees “a high possibility of its usage for illicit activities, including tax avoidance.”

Emphasizing that crypto lacks an “established framework for recourse to customer problems/ dispute resolution as payments by cryptocurrencies take place on a peer-to-peer basis without an authorised central agency which regulates such payments,” RBI detailed:

The absence of information on counterparties in such peer-to-peer anonymous/pseudonymous systems could subject users to unintentional breaches of anti-money laundering laws (AML) as well as laws for combating the financing of terrorism (CFT).

Furthermore, the report mentions that a number of central banks around the world are exploring central bank digital currencies. “In India, an inter-departmental group has been constituted by the Reserve Bank to study and provide guidance on the desirability and feasibility to introduce a central bank digital currency,” the report reads.

What do you think of RBI’s opinions? Let us know in the comments section below.


Images courtesy of Shutterstock and RBI.


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The post Reserve Bank of India Anticipates Shift to P2P Crypto Trading appeared first on Bitcoin News.

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source https://cryptocurrencyonline.co/reserve-bank-of-india-anticipates-shift-to-p2p-crypto-trading/

Ethereum, for Earthlings

Wednesday, August 29, 2018

Nchain Publishes Bitcoin SV Alpha Release

The Market Cycle Wears No Clothes

Hong Kong Seeks Fintech Talent, DLT Experts

Authorities in Hong Kong have taken steps to attract fintech specialists who can support its economic development. The government of the Chinese region has prepared a list of needed professions from several related fields, including distributed ledger technologies and asset management.

Also read: China Escalates Crackdown, Russia Chases Shadows, UK Warns of Scams

Hong Kong Updates Immigration Policy to Attract Fintech Professionals

Hong Kong Seeks Fintech Talent, DLT ExpertsAs part of new efforts to underpin Hong Kong’s development as a “high value-added and diversified economy,” the government of the special administrative region of China is now moving to facilitate the immigration of “quality people” from around the world. To do that, Hong Kong authorities have drafted a “Talent List” of 11 in-demand professions, a number of which belong to the fintech industry, and intend to publicize it under the banner “Hong Kong. Talent Hub – Unlimited Opportunities.”

In an announcement published on its website, the government notes that the list highlights specific professions needed most for Hong Kong‘s economic development. Beside waste treatment specialists, engineers and naval architects, the city wants to attract foreigners with expertise related to the crypto and blockchain space. According to the notice, Hong Kong is interested in fintech professionals and innovation and technology experts in fields like distributed ledger technologies (DLT), or blockchain, data engineering, including mining and analytics, artificial intelligence and robotics, cyber security.

Authorities are also eager to invite experienced professionals in asset management, including trust fund management, as well as legal experts specializing in resolving international financial and investor-state disputes and lawyers with knowledge in cross-border transactions from investing or host states. Matthew Cheung Kin-chung, Chief Secretary for Administration and Chairman of the Human Resources Planning Commission has been quoted saying:

Hong Kong welcomes talents from all over the world with valuable skills, knowledge and experience to work here, bringing their talent into full play and further developing their careers. The promulgation of the Talent List is one of our major initiatives to enhance our competitive advantages in attracting international talents, creating cluster effects, stimulating the development of local talents and propelling Hong Kong forward.

No Prior Employment Arrangement Required

Hong Kong Seeks Fintech Talent, DLT ExpertsThe authors of the official announcement have also pointed out that immigration facilitation will be provided to eligible persons through Hong Kong’s Quality Migrant Admission Scheme (QMAS). Its current annual quota is 1,000. Foreign nationals approved under QMAS are free to settle in Hong Kong. People with professions included in the Talent List will not be required to have secured in advance an offer from a local employer.

Detailed information about the scheme is available on the Talent List’s dedicated page and the website of the Immigration Department. Authorities are already accepting applications from eligible individuals with the qualifications included in the list, which has been prepared after consultations between the government and the stakeholders. The document will be updated on a regular basis to reflect the changing needs of Hong Kong’s economy.

The news about the Talent List initiative in Hong Kong comes amid an escalating crackdown on the crypto sector in mainland China. After banning coin offerings and crypto-yuan trading last year, and recently targeting crypto-media and venues hosting events in the space, Chinese regulators have also announced intentions to curb payments to overseas crypto exchanges. Their latest efforts to restrict crypto-related activities involve the big three of the Chinese internet – Baidu, Alibaba and Tencent.

Do you think Hong Kong is attractive to fintech professionals? Share your thoughts on the subject in the comments section below.


Images courtesy of Shutterstock.


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The post Hong Kong Seeks Fintech Talent, DLT Experts appeared first on Crypto Currency Online.



source https://cryptocurrencyonline.co/hong-kong-seeks-fintech-talent-dlt-experts/