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Crypto Exchange CEO on Bringing Bitcoin Adoption to India

CCN had a conversation with Prashanth Swaminathan, the founding CEO of XDAT, a new Malta-based crypto exchange with eyes toward India and other markets. A native of India, he is an adviser to the Eleven01 project, which is an attempt at developing a regulated native blockchain in the country. Eleven01 enjoys support from several local government entities, as CCN has previously reported. Continue reading Crypto Exchange CEO on Bringing Bitcoin Adoption to India

NYC Bets on Crypto: Opens 4,000-Sq-Foot Blockchain Center amid Bitcoin Bear Market

New York City is doubling-down on crypto despite the bitcoin bear market. The NYC Economic Development Corp. opened a 4,000-square-foot Blockchain Center on Thursday (Jan. 10) amid the Crypto Winter. Why? Because the EDC is in it for the long haul, says an executive. Continue reading NYC Bets on Crypto: Opens 4,000-Sq-Foot Blockchain Center amid Bitcoin Bear Market

Your Guide to Precious Metals on the Blockchain

Tokenized precious metals create the potential for fractional ownership of gold and greater transparency. Indeed, the world’s largest bank, JPMorgan, is prepared to use its proprietary blockchain to tokenize gold, and the Royal Mint has pursued technologies to achieve the same. Continue reading Your Guide to Precious Metals on the Blockchain

Not Just ICOs — Why Traditional IPOs are Also on the Way Out

2018 left some very clear signs about the way the businesses (crypto or otherwise) raise funds. ICOs have all but died out, disguised as token sales launched from lightly-regulated tropical islands. The great move to allow investors of all backgrounds and creeds to be in with a chance of funding early innovation has been curtailed. And now, upon analyzing data from CB Insights, it looks like IPOs are on their way out as well. Continue reading Not Just ICOs — Why Traditional IPOs are Also on the Way Out