Austria will Settle the ICO Process by Analogy with Derivatives 392

In Austria, the Ministry of Finance is going to settle cryptocurrency market, as it had been done in due time with the trade of derivatives and gold. The European Union, in turn, according to Austria, should follow their example, as reported by CCN.

“Cryptocurrencies are significantly gaining importance in the fight against money laundering and terrorism financing,” Loeger said in a statement, according to a Bloomberg report. “That’s an important aspect for the changes we support. We need more trust and more security.” — said the Minister of Finance Hartwig Leger.

According to Leger, any initial offer of coins should be considered as a securities issue. The ICO must be approved by the regulator. And since the minister does not say about the ban of fintech, it is not surprising that such a statement is considered as an attempt to take the new economy in hand.

The minister also took into account the fact that the crypto currency is currently of an unregulated nature, from which the European Union needs to stick to the international regulatory framework regarding crypto currency.

The Austrian government increased the importance of the settlement of the crypto-currency after the notorious Austrian investment scheme called Optioment, which attracted more than 10,000 investors for 12,000 BTC, resulted in more than $ 122 million, and robbed its depositors.

Although Austria has not become deeper in specifics yet, but the UK Treasury is already conducting its research on both the advantages and risks of cryptocurrency, and blockchain technologies in particular.

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The Viewers of Adult Videos on Pornhub Will Receive Cryptocurrency Rewards 927

Pornhub

The company Tube8, owned by the popular adult entertainment site Pornhub, is planning to move onto blockchain and tokenize the platform completely. To do so, it will be cooperating with Vice Industry Token.

The visitors of the Tube8 will soon get a chance to receive tokens for performing certain activities on the platform.

The purpose of this upgrade is mainly keeping the viewers. The representatives of Tube8 believe that a regular viewer just watches a couple of videos and leaves, whereas if he/she can potentially be rewarded for doing this, it will be encourage the person to register an account or at least return to the site afterwards.

We would like to remind you that Pornhub has recently started accepting crypto as a payment option for its premium account.

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AgroTechFarm – the Global Eco Blockchain System 1158

agro tech

AgroTechFarm is the revolutionary fully automated intelligent appliance powered by blockchain and patented technology for the industrial cultivation of popular and unique species of various types of greens, vegetables and fruit all year round and regardless of climate conditions.

One of the most important objectives of this project is to supply the world with 100% healthy food through the use of the latest technology.

What are the main benefits?

  • 100% Natural food
  • No chemicals and other impurities
  • Patented technology & blockchain
  • 99% predictable harvest volume
  • Stable plan for your business
  • Availability of your favorite food anywhere and at anytime
  • Easily accessible i-App  
  • Ready-to-use analysis and digitization of the growth conditions of any species from the list of cultivated
  • Reduction of the environmental harm

How is ATF going to do it?

The ATF technology combines hydroponics (water), aeroponics (wind), heating and controlled light (sun) to imitate the perfect climatic conditions for the growth of plants. There are only two resources required to have fresh, organic food all year round: water and electricity. By leveraging the combination of technologies, ATF achieves a 30% quicker growth without the use of chemicals or other unhealthy practices.

The process is fully automated: you simply add seeds (like filling coffee beans in a coffee machine), nutrient solutions (similarly to adding laundry liquid in a washing machine) and get the crops in when the time comes.

Who can use it?  

Anyone. The solutions that this project offers are suitable for private, commercial and industrial use. Depending on your preferences and needs, you can install them at home if it’s for personal use or open farms and grow your natural and healthy food all year round.

What’s the deal with Blockchain?

With an introduction of blockchain, ATF will be able to keep the record of all conditions of each plant such as: origin, whether some growing procedures were different in comparison with the recommended ones etc.

Imagine a situation where some farmer decides to deceive his customers and manipulate with the growing process by adding pesticides. With a blockchain technology, all procedures will be recorded in a safe place whereby any change will be visible to everyone.

How can I join the project?

Currently ATF is holding a Private Sale. One of the features the project can offer to its investors is a 20% bonus with a purchase of Tokens. Apart from Tokens, there is a high interest from private investors. In particular, ATF is already working with accredited investors from USA and Asia.

In every scenario, ATF welcomes everyone to contact them and ask any specific question in detail regarding the participation in the projects and conditions. The team will be more than glad to explain everything thoroughly and guide personally through every step in order to start living a healthy life.

Find your true organic innovation together with AgroTechFarm
Visit the web at: www.agrotechfarm.io 

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark 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 article

Buterin, Winklevoss and Others: The Future of the Digital Currency World According to Major Crypto Personalities 1211

experts opinions on crypto

The crypto world has entered the new stage of its development, it has always been volatile, but these couple of weeks have been absolutely crazy: coins are jumping up and down, Bitcoin ETF is on its way, blockchain is taking over the world.

No doubt, crypto specialists and financial experts have a lot to say. Today we came up with a compilation of sayings from the stars of the cryptocurrency universe that we found particularly interesting and important.

The CEO of the crypto exchange Gemini, Tyler Winklevoss believes that the acceptance of cryptocurrency in the world as a means of payment equal to fiat will not happen in the next couple of years:

The vast majority of Wall Street firms are still not participating in the cryptocurrency market, which remains primarily a retail-driven market. This will change over time, but it will take time.

Pantera Capital’s CEO is way more optimistic on this issue. He sees great potential in the blockchain technology, and digital coins, according to him, are “superior form of currency.

Ethereum’s founder Vitalik Buterin wants cryptocurrencies to become more user-friendly and common in the everyday life. He also thinks it may become possible only in case the proper regulatory framework for crypto is developed by the state governments.

I want to be able to walk into a convenience store, get a card and pay a small fee to start using Bitcoin Cash,” he said.

The last, but certainly not least, is the CEO of BitMEX, Arthur Hayes, who has some serious doubts concerning Ethereum. According to his calculations, the price of the world’s #2 coin will drop lower than $100.

It is this moment,” he added, “that Ether goes from a 3-digit to a 2-digit shitcoin.

Although we are sure that experts know what they are talking about, the crypto world is way too unpredictable. We can only wait and see whether the abovementioned predictions turn out to be true or not.

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Andreas Antonopoulos Criticized Bitcoin ETF 732

opinion on bitcoin etf

The well-known author of books about Bitcoin and the founder of his own Bitcoin-business Andreas Antonopoulos published a Youtube video where he expressed his opinion about Bitcoin ETF and explained why they cause so much sensation.

I’m going to burst your bubble. I know a lot of people really want to see an ETF happen because ‘too the moon’ and ‘lambos’ and all that. I think it’s a terrible idea. I still think it’s going to happen… I’m actually against ETFs,” he said.

Antonopoulos explained that he understands why many people are so impressed by the idea of Bitcoin ETF:

Everybody’s so excited about ETFs because what we’ve seen in other markets is that when an ETF becomes available—as we saw in gold—the price really increases dramatically as suddenly that commodity becomes available to a lot more investors and these investors pile on. But the other side of it is that there’s always these claims that the commodities markets are heavily manipulated and opening up these exchange-traded instruments only increases the ability of institutional investors to manipulate—especially [in the case of] large market makers—the prices of commodities, not just in the markets where it’s traded as an ETF but more broadly,” he clarified.


We remind you that the SEC postponed the decision upon Bitcoin ETF until September.

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SEC Sent a Request to Tesla Regarding Tweets of Elon Musk 697

musk wants to make tesla private

The Securities and Exchange Commission (SEC) has sent Tesla Inc. a request concerning its executive director Elon Musk and his messages on Twitter about the plans to privatize the company, reports The New York Times.

The regulator requests information from each of the Tesla directors . The Commission is interested in whether Mask had any actual grounds for such statements, and the SEC intends to find out why such important information was provided to them publicly, via the social network.

Last week, the directors were outraged when the head of Tesla wrote details of the deal to transfer Tesla from a publicly traded company to a private company.

The representatives of Tesla were sure that Elon Musk was “out of control” and asked him to stop discussing the situation in the company on Twitter. Nevertheless, Mask continued to publish messages on the social network, publicly revealing the details of the company’s strategy and issuing “dubious” information.

We remind you that Twitter has recently begun blocking accounts containing the name of Elon Musk.

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The Project Joys: A Cup of Coffee For Crypto 902

project joys

The digital economy breaks the habitual models of the branch markets and increases the competitiveness of their participants. Digitalization determines the growth prospects of companies, industries and national economies in general.

The digital economy is now facing a big challenge: whether the blockchain technology and cryptocurrencies will be integrated into the real economy. Digital currencies do not yet fulfill all the functions of money, and the owners of cryptocurrencies remain limited in the possibility of their exchange for goods and services. Despite the popularity of digital currencies, they can not be used as payment everywhere. It is also not easy to convert the funds into fiat: it is inconvenient, long and expensive to use exchanges. The Joys Digital payment service will allow customers to quickly and easily buy goods and services using cryptocurrencies and tokens of blockchain projects.

Despite the legal uncertainty, there are prospects for acquiring cryptocurrencies in most countries. So says the CEO and co-founder of Joys Digital Andrei Mikhailishin:

The seller and the buyer need to be provided with a legal, convenient and reliable way to exchange crypto into fiat when buying goods or services. Thus, the state should receive taxes for such operation.

To do this, the client just needs to transfer the required amount of BTC or other cryptocurrency to the virtual wallet JOYS Wallet, after which Joys converts it into fiat at the time of purchase. At the same time, cash accounting is conducted in the national currency.

I bought a cup of coffee for tokens for the first time in my life. The apps and the wallet with coins are developed on the blockchain, in this case this turned out to be a Joys Digital creation, “- says Evgenia Ovchinnikova, the Director of Innovation of Raiffeisenbank.

Joys Digital has already launched the first test platform in the Center for Digital Transformation in Moscow, where the purchase takes place in the internal currency of the Center.

Large banks – Sberbank, VTB and others – understand the whole story, and the sooner they start using the service for accepting cryptocurrency, the faster they will receive their customers coming from one and a half million crypto holders in Russia. So what is the future of banks and payment systems?

Opinions vary, but most analysts agree that in the future cash and plastic cards will become extinct. They will be replaced by electronic means of payment, which we can use to pay for any goods and services. Banks have already seen competition from financial companies and mobile operators. If mutual lending joins fintech, then more than half of the banks will simply be destroyed in ten years. The bank office will move to a mobile phone, through which it will be possible to pay for the whole set of services. Most likely, cards as a means of payment will disappear, and remote identification will allow you to receive loans and carry out other types of transactions. The main advantages of cryptocurrency over fiat cards:

  • availability at any time,
  • openness of code (transparency);
  • high reliability;
  • consensus on operations;
  • independence, low transaction costs, etc.

Owners of cryptocurrency can already make different financial transactions in any cryptocurrency anywhere in the world. With time and competent state regulation, the use of cryptocurrency will become normal and will be widely applied. The American banker and author of the book “Bank 3.0” Brett King states that our generation is the last one using plastic cards. The future is the time without the usual paper money. “Future money is a digital record in a certain information system or systems, the value of which will be determined by technology, their scope and user confidence in such systems,” says the creator of Joys Andrei Mikhailishin. And, finally, banks that do not implement financial technologies similar to Joys will soon leave the financial market or lose a large part of it.

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark 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 article