https://preview.redd.it/ak49rer34pa11.jpg?width=1600&format=pjpg&auto=webp&s=d7c412ffa547e29c635eed1d1400e86168bde968submitted by W12io to u/W12io [link] [comments]
The United Kingdom has what it takes to become a true leader in the crypto space, according to a new report covered in today’s Bitcoin in Brief. Also in The Daily, the British Crown dependency of Jersey has adopted new requirements for ICO projects to better protect participating investors, Malta now has a two-way bitcoin ATM, and Hong Kong has been promised thousands of crypto payment terminals.
Britain Set To Become Crypto Economy Leader, Report
The United Kingdom is in a good position to be a leader in the crypto economy and the implementation of blockchain technologies, according to a new report quoted by the British press. Britain has all the required resources, the authors claim, as well as industrial and governmental will to become a global hub for the technology by 2022. The analysis has been conducted by Big Innovation Centre, DAG Global and Deep Knowledge Analytics.
The gap between the traditional financial system and the crypto economy in the UK will close, DAG Global CEO Sean Kiernan believes. “The UK is a major global financial hub and in recent years has become a fintech leader as well. At the same time, it is starting to demonstrate significant potential to become a leader in blockchain technologies and the crypto economy,” he said, quoted by The Guardian.
The research, carried out in coordination with the parliamentary group on blockchain, has taken into consideration the £500m (~650 million) worth of investments into UK blockchain companies made in 2017–18 to conclude that the United Kingdom has the potential to become a world leader in the digital and crypto ecosystem within the next few years. “We are still at the early stages of the blockchain industry’s development and the huge impact it undoubtedly will have in Britain and globally,” said Birgitte Andersen, chief executive of Big Innovation Centre.
Jersey Introduces Requirements for ICO Projects
The Financial regulator of Jersey, one of the Channel Islands, has taken measures to protect investors participating in Initial Coin Offerings (ICOs). In a guidance note released this month, the Jersey Financial Services Commission (JFSC) provides basic definitions of cryptocurrencies, digital tokens, and token sales. It recognizes that their use “has risen dramatically” but also warns about the associated risks like high levels of price volatility, loss of funds through cyber-attacks, the high number of scams and pump-and-dump schemes.
Nevertheless, the JFSC states that most ICOs are unlikely to be regulated. Instead, the Commission places some conditions on the issuers of coins under the Island’s statutory instrument governing capital raising, the Control of Borrowing Order, noting for instance that a consent from the JFSC is required to establish a Jersey company. In granting such consent, regulators say, the JFSC may choose to impose certain conditions on the respective entity. Jersey-based ICO issuers are also required to be incorporated as a Jersey company and administered through a trust and company service provider licensed by the JFSC under the Financial Services Law.
The Commission classifies digital coins in two major categories — security and non-security tokens. The latter have been divided into “utility token” — “a usage right or the right to access a product or service”, and “cryptocurrency token […] designed to behave like a currency, being a store of value and medium of exchange.”
The document also lists a number of requirements that apply to ICO issuers and describes certain procedures and processes that should be followed in order to mitigate and manage the risks for retail investors. Companies are expected to apply anti-money laundering and counter-terrorist financing measures as well as inform investors about the risks.
In recent years, the British Crown dependency, situated off the French coast of Normandy, has attracted many startups from the crypto space. In the summer of 2015, the Government of Jersey released a consultation paper on cryptocurrencies, becoming one of the first jurisdiction in Europe to address the regulatory challenges in the fintech industry.
Malta Acquires Two-Way Crypto ATMMalta, another crypto-friendly European destination, has reportedly acquired its first two-way automated teller machine exchanging cryptocurrency with fiat. Last week, a company called Moon Zebra launched the ATM located at the Quicklets offices, on Tower Road in Sliema. It operates Monday through Friday, 9 am — 6:30 pm.
The new BATM offers users the opportunity to buy and sell two cryptocurrencies, bitcoin (BTC) and litecoin (LTC). Moon Zebra claims this is the first device offering two-way transactions with cash. Another teller machine supporting purchases of cryptocurrency strangely disappeared last year. According to Coinatmradar, two other devices are also operational not far from Moon Zebra’s ATM, but both are buy only machines. One of them offers BTC, and the other supports BTC and LTC purchases.
The launch of the new BATM comes after the island nation took another step towards becoming one of the most crypto-friendly nations in Europe. Recently, the parliament in Valletta adopted three laws designed to introduce clear regulations for the country’s growing crypto industry. It’s been reportedthat the largest crypto exchange by trade volume, Binance, is considering a project to launch a “decentralized bank” in Malta. The favorable business climate has attracted other large crypto businesses to the island, including the Chinese exchange Okex and the Polish Bitbay.
Hong Kong Promised 5,500 Crypto POS Terminals
The Indonesian startup Pundi X is working to build a network of 5,500 POS terminals in Hong Kong supporting payments in a number of cryptocurrencies, the South China Morning Post reported. The devices will be able to connect not only to crypto wallets but also with other traditional payment methods like Visa, MasterCard, and Apple Pay.
According to Pundi X CEO, Zac Cheah, Hong Kong is the ideal place to test the payment network. His company has ambitious plans to introduce up to 100,000 crypto POS terminals in Southeast Asia by 2021. Recently, a chain of restaurants in Hong Kong installed crypto point-of-sale devices in partnership with the Indonesian startup. Pundi X claims that in the last six months 25,000 of its terminals have been ordered by businesses in Japan, Singapore, South Korea, and Switzerland.
Visit Buy Bitcoin Worldwide for user reviews on some of the above exchanges, or Cryptoradar for comparisons based on prices, fees and features. Visit Coin ATM Radar to find local Bitcoin ATMs. At one time, there was a Bitcoin ATM in Bali, however it has since been removed as of September 2020. What is the price of Bitcoin in Indonesia? The current price of Bitcoin in Indonesia is IDR156,577,866, however this amount changes every minute, so always check the value on your local exchange. How do I cash out of Bitcoin in Indonesia? Any exchange with a Indonesian Rupiah trading pair will ... @MC81236843 @DeNo02642078 Das beobachte ich schon seit 2018.Immer wenn Binance wartung macht und ihre Plattform down ist geht der Kurs von XRP hoch, sobald sie wieder hochgefahren haven gehts Berg ab. 😡 Bitcoin ATM Locator; Contact Us; Home Uncategorized. Binance Forays Into Indonesia’s Booming Crypto Scene, a Key Emerging Market. Uncategorized; Binance Forays Into Indonesia’s Booming Crypto Scene, a Key Emerging Market . By. CryptoWeekly - February 22, 2019. 298. 0. Share. Tweet. Pin +1. For a number of reasons, a majority of the nations in Southeast Asia have quickly become mainstays in ... Trade over 40 cryptocurrencies and enjoy the lowest trading fees in America. Binance Academy, sebuah cabang pendidikan milik Binance resmi meluncurkan platform berbahasa Indonesia. Dengan peluncuran ini, lebih dari 80 artikel mengenai cryptocurrency dan blockchain telah diterjemahkan kedalam Bahasa Indonesia dan sekarang dapat diakses di Binance Academy.Edukasi mengenai cryptocurrency dan blockchain adalah salah satu misi dari ekosistem Binance, dan memperluas Binance ... CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of customers worldwide and allows users to buy bitcoin with a credit card or debit card seamlessly.. CEX.IO boasts multiple payment options (SWIFT, SEPA, ACH, Faster Payments), 24/7 customer support, and proven platform stability. CEX.IO accepts deposits in USD, EUR, GBP, and RUB. Find a Bitcoin ATM and deposit cash, which can then be converted into BTC. Use a crypto broker that accepts cash deposits. Use an exchange that allows you to deposit funds into your account using a money transfer service, such as Western Union or MoneyGram, and pay for your transaction with cash. Cryptex24 is one such platform. Buying Bitcoin with cash is quick and convenient but is usually ...
[index]          
Live Trading Bitcoin di Binance Futures - Bitcoin Indonesia #1 - Duration: 35:26. Bitcoin Indonesia 544 views. 35:26. Belajar Trading Bitcoin & Cryptocurrency CANDLE STICK (Teknikal Analisis ... Daftar trading futures Binance (bitcoin & cryptocurrency) dapat kickback bonus 10%: https://www.binance.com/en/futures/ref/39210401 atau masukan : Refferal I... Live Trading Bitcoin di Binance Futures - Bitcoin Indonesia #1 - Duration: 35:26. Bitcoin Indonesia 913 views. 35:26. Kena Tipu Rp 120.000.000 Juta - Pesan Untuk Trader Bitcoin Pemula - Duration ... bitcoin indonesia 1,847 views. 14:34. Binance Margin Trading - Quick overview - Duration: 22:06. DeKay Arts 7,489 views. 22:06. How to Buy Cryptocurrency for Beginners (UPDATED Ultimate Guide ... thanks for watching , mudah2an bisa ngebantu temen2 yang pengen ikutan dalam dunia crypto currency indonesia dan bitcoin . jangan lupa like dan subscribe , jika ada salah atau kurang mohon ... My Investment Platform (High Risk) : https://linktr.ee/ariesyuangga Exchanges (Tempat Trading Bagus) : Binance : https://www.binance.com/?ref=20356868 KuCoin... http://bitcoin-informant.de/2020/09/17/972-xrp-verkaufsdruck-10000-bitcoin-atms-weltweit-bitcoin-visa-card-binance Hey Informanten, willkommen zur Bitcoin-In...