News

Israeli Securities Agency Releases Final Recommendations on Crypto Regulation

İsrail Menkul Kıymetler Kurumu, Kripto Yönetmeliği ile İlgili Nihai Önerileri Yayınladı

The Israeli Securities Administration (ISA) has released its latest report on local finance newspaper Crypto currency regulations.

Cryptocurrency The special board, which was established in 2017 to develop the appropriate arrangements for its units, presented its report to the head of the ISA Anat Guetta. In a statement about the proposals, Guetta said that they are designed to improve the crypto sector and protect the rights of investors. He also added that although the industry's enthusiasm has cooled down, technology is “staying here Ayrıca.

The ISA recommends proposing disclosure requirements for crypto offers that characterize securities and indicates that these proposals should be controlled in a similar way as with mass funding.

Final Report of the Israeli Securities Institution

The final ISA report, within the scope of improved regulatory framework and improved regulation cryptocurrency A few key ideas on how to support the country's crypto industry, including the creation of a special platform for trading units. Cited by ISA Globes:

”In order to better deal with the risks that arise in this trading activity, the Committee recommends that the current regulation be considered to create a more appropriate regulatory infrastructure for this trade activity. Uygun

According to Reuters, the number of companies gathered in Tel Aviv and the amount of money dropped over the last decade, so the ISA is working to attract new investors and increase initial IPOs.

Dil The exact time frame for the implementation of these guidelines has not yet been established. “

Israel planned to launch its own digital currency in 2017. However, in November 2018, a working group investigating the possibility of an "e-shekel" said that the country's central bank should not export its own digital currency.

In late 2018, a team of Israeli Central Bank representatives made a formal request to receive information on distributed accounting technology (DLT). According to the article, the group believed that DLT could help to renew and strengthen cooperation and coordination between regulators and the public.

Source: Cointelegraph

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph