🗞 Daily Crypto News, October 1st 💰
- Japan Issues Cryptocurrency Exchange Licenses
- Australian Securities & Investments Commission Issues Guidance for Initial Coin Offerings
- Swiss Regulators Investigating ICOs, Still Support Blockchain
- Hanson Robotics Is Building a Blockchain-Based AI Marketplace
- Why Blockchain Technology is Perfect for Fighting DDoS Attacks
- BTC Daily Trading Update by @cryptopassion
Daily Crypto News
🗞 Japan Issues Cryptocurrency Exchange Licenses
In stark contrast to its neighbors China and South Korea, who are increasing efforts to ban ICO’s and the trade in digital currencies, The Financial Services Agency(FSA) in Japan approved 11 companies to operate cryptocurrency exchanges in the country.
Exchanges are now allowed to operate without a license up until this point but regulating the industry will aid in the fight to combat fraud, while still keeping innovation alive.
FSA officials say:
“With the new regulation, Tokyo aims to balance the need to protect investors with the need to support fintech innovations.”
Read more & Source: https://cointelegraph.com/news/japan-issues-cryptocurrency-exchange-licenses
🗞 Australian Securities & Investments Commission Issues Guidance for Initial Coin Offerings
This week, the Australian Securities & Investments Commission published a media release seeking to clarify the regulatory requirements of ICOs operating in Australia. ASIC has avoided adopting a one size fits all regulatory approach to ICOs, stating “whether the Corporations Act applies to an ICO will depend on the type of ICO offering and what rights attach to the coins from the ICO itself, underlying coins or tokens used in the ICO… In Australia, the legal status of an ICO is dependent of the circumstances of the ICO, such as how the ICO is structured and operated, and the rights attached to the coin (or token) offered through the ICO.”
Read more & Source: https://news.bitcoin.com/63601-2/
🗞 Swiss Regulators Investigating ICOs, Still Support Blockchain
The Swiss financial regulatory board, Financial Market Supervisory Authority (FINMA), has increased its investigations into ICOs in Switzerland, according to a press release yesterday. The move comes after a substantial uptick in the number of ICOs based in the country, according to the document.
The Swiss financial board has also indicated that many of the ICOs that are currently active have already likely breached existing law that regulates financial instruments within the country. These include money laundering and terrorist measures, securities trading provisions, investment scheme laws, and banking laws.
Read more & Source: https://cointelegraph.com/news/swiss-regulators-investigating-icos-still-support-blockchain
🗞 Hanson Robotics Is Building a Blockchain-Based AI Marketplace
It is quite an ambitious project by Hanson Robotics. The company is best known for its Sophia robot (click the link to discover why it made headlines recently), yet it is also working on a few other projects. One of these concepts involves a blockchain-based marketplace where artificial intelligence developers from all over the world can share their creations.
That is a rather intriguing concept, as it is one of the first times we’ve seen a company actively trying to bring AI and blockchain technologies together. Everyone connected to this decentralized marketplace will be able to access the shared AI creations and use them to enhance existing robots. Additionally, they can use the software as a foundation to build bigger and better hardware in general. The project creates an unlimited number of possibilities; that much is certain.
Read more & Source: https://themerkle.com/hanson-robotics-is-building-a-blockchain-based-ai-marketplace/
🗞 Why Blockchain Technology is Perfect for Fighting DDoS Attacks
Current systems use centralized servers to try to absorb the large volume of spam information that can result in DDoS. However, the nature of DDoS attacks makes the bandwidth required to process this much data almost insurmountable.
A decentralized platform allows users to rent out their bandwidth, which can then be pooled to allow for substantially greater amounts of data processing, greatly reducing the risk of DDoS success. According to inc.com:
“By using Blockchain, Maryland-based Gladius is creating a system that would allow people to rent out their unused bandwidth, so that it can be used to absorb malicious DDoS traffic and mitigate attacks.”
Read more & Source: https://cointelegraph.com/news/why-blockchain-technology-is-perfect-for-fighting-ddos-attacks
BTC Trading Update by @cryptopassion
A small update to say you that the inverted head and shoulders is still valid and active
As I explained you in my previous publications, we should touch at least the 4500$ quiet soon now.
🗞 Daily Crypto News, September 30th 💰
🗞 Daily Crypto News, September 29th 💰
🗞 Daily Crypto News, September 28th 💰
Steemit Bank invested in your post.
Follow Steemit Bank
Support the project by upvoted the this comment.
@vlemon got you a $9.28 (4.0%) @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more about @minnowbooster!
The @OriginalWorks bot has determined this post by @vlemon to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!
For more information, Click Here! || Check out our contests as well!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Vlemon from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
You got my vote and a resteem :)
Thank you @imbritish.I appreciate it.
Your crypto news summaries are great to predict future factors for cryptos. Really helpful .thanks for sharing.
This post is upvoted by Polsza for 77 %.
If you want help us growing upvote this comment.
Thanks !
Sneaky Ninja Attack!!
You have been defended with a 9.17 % upvote!
To help keep my Jōki (蒸気) power strong I rely on the townspeople of Sōsharumedia (ソーシャルメディア).
I was summoned by: @vlemon.
I have done their bidding and now I will vanish...
woosh