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Muniz Asians are slowly warming up to the idea of integrating crypto payments to their platform social media giant Facebook also plans to bring its native cryptocurrency across the entire suite of messaging applications published at month 11 mar 29 2014 1 the crypto industry is still confused about whether to embrace or reject it now vine ins put out a study on March 1st 2019 claiming that the coin will not be in competition with ripples XRP what to do in February 20 19 km organ broke the news that they would be launching the JPM coin $1 backed coin that would be used for cross-border transactions among their customers the news is already weeks old but discussions surrounding it if not slowed down in the least there has been commentary calling the move hypocritical due to the management of JP Morgan previously bashing Bitcoin and also discussion about what place the new coin will have in the market and more specifically who they would be competing with the most obvious candidate is ripples XRP token which is the go-to for cross-border transactions in the industry the initial verdict was that the JPM would definitely be competing with XRP because they would be targeting the same class of users who want quick and affordable cross-border transfers finances take now it would seem that opposing views are forming within the crypto industry regarding the matter and one firm that has chimed in his finance who released her report on March 1st 2019 addressing the issue they argue that when the JPM coin takes off they will make use of a private permission coram blockchain Network to conduct inter institutional transfers and value settlements in the case of XRP the focus is to promote interbank transfer in settlements and also to serve as a mediator between Fiat and crypt services this is in contrast to the closed network system that JPM will be making use of ripple has seen partnerships with the number of banks around the world because they trust their platform this will not be the case with JPM because banks will be reluctant to make use of another Bank settlement token it is more feasible that other banks will create their own coins this means according to the study that both coins are targeting different markets and thus will not compete with each other mixed reviews the bindings report is just another example of the conflicting opinions being given in the industry about the coin a fiat backed stable coin is an essence of central bank digital currency but with the credits risk of the depository Bank eg JPM coin a free-floating digital asset like XRP has credits risk against its largest holding party that party is in essence its central bank Simon Taylor at see Taylor March 3rd 2019 other commentators speculated a bloody crypto war fight between dollar J p.m. and dollar x RP is coming g like the dud I hope both of them will kill by each other finally dot Pokemon G at pokemon G March 3rd 2019 thanks for watching The Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon Pro Bitcoin Colorado governor signs cryptocurrency friendly bill Jared Paulus the governor of Colorado has signed a cryptocurrency friendly bill exempting digital tokens from state securities laws if their primary purpose is as a consumptive Colorado digital token Act in November Bitcoin is reported that US representative Jared Paulus who is a known cryptocurrency and blockchain advocate became Colorado’s governor on March 6th Teresa Sur Act said that paulus has signed Colorado’s digital token Act the Act is supposed to enter into effect on August 2nd 2019 and it aims to cement the state’s position as a hub for companies and entrepreneurs that seek to utilize cryptic anomic systems to power blockchain technology based business models the bill outlines the uncertainties companies face when buying selling and even issuing their own cryptocurrencies it also exempts certain digital tokens from state securities regulations exciting day for number blockchain technology at kvass co @ dreadful assigned the number digital token act today with key legislators Attorney General at Weezer and number Colorado cabinet members patty Salazar with at Dora Colorado at Betsy Markey with edit and at Teresa Surikov added Colorado pick twitter.com era load P Teresa suruc at Teresa suruc March 7th 2019 exemptions based on purpose Colorado’s digital token act will effectively exempt cryptocurrencies from state securities laws if the primary purpose of the digital token is a consumptive purpose additionally the law is clearly addressing the ICO fundraising model it stipulates the tokens issued through a crowdfunding campaign of the kind will be exempt from securities regulations if the issuer of the digital token markets the digital token to be used for a consumptive purpose and does not market the digital token to be used for a speculative or investment purpose therefore digital tokens will be subjected to securities regulations if they are used for speculative or investment purposes the law also outlines how exemptions will be granted for the document each issuer of a digital token shall file a notice of intent with the Securities Commission before he can qualify for an exemption what do you think about Colorado’s digital token Act do you think regulation is needed for cryptocurrencies to recover and thrive don’t hesitate to let us know in the comments below dot thanks for watching the ohio bitcoin comm bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither ohio bitcoin calm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon Starbucks will support back after disproportionately high equity deal backed the new york stock exchanges new york stock exchange forthcoming crypto currency trading platform will in fact feature starbucks payments for users coffee four backed this is according to an anonymous source familiar with a deal between backed and its early stage partner which will see the latter accept the service in payment for its in-store products the source was speaking to cryptocurrency a news publication the block and the information was subsequently confirmed by the publications founder mike Dunas on social media there’s high value from having a brand of this level the source commented about the implementation of backed and Starbucks stores at the time backed first became public knowledge in August 2018 the coffee giant caused a stir as a major ally of the project which also has backing from Microsoft shortly afterward however Starbucks denied any suggestions that Bitcoin there other cryptocurrency payments could become a reality for customers it is important to clarify that we are not accepting digital assets at Starbucks rather the exchange will convert digital assets like point into US dollars which can be used at Starbucks a spokesperson told vice Dodd industry in waiting a form of that arrangement now looks at to become reality with Starbucks reportedly receiving a disproportionately high equity reward in return for its continued adoption pledge the news marks a boon for backed supporters who have waited through several delays for the platform to launch as executives attempt to iron out regulatory kinks as Bitcoin astre ported a vague debut deadline revolves around the first half of 2019 having originally been planned for late last year then for late January backs first product will be physically delivered Bitcoin futures contracts a tool which has begun singing a turnaround as of the latter part of February CME Group one of the first providers of Bitcoin futures nonetheless remains hawkish on the future arguing that government involvement is key to long-term success of cryptocurrency products dot what do you think about Starbucks backed equity deal letter

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