Moscow to host World Blockchain Summit

Trescon is organizing World Blockchain Summit as part of its 2018 series in Moscow on April 26-27
11 April 2018   577

Highly focused B2B events producer Trescon is going to hold World Blockchain Summit in Moscow on April 26-27 at Renaissance Hotel Moscow. One of the reasons of the choice is that Russian government is planning to implement policies to prepare government-wide adoption of blockchain tech by 2019. The summit aims to connect global blockchain experts and key industry leaders in the area, including emerging startups with regional business and IT leaders across key industry verticals.

The event comprises of a conference (includes blockchain experts talk about the pros and cons of adopting the technology specifically in the Russian market, panel discussions, tech-talks, fire-side chats, debates on blockchain's potential to reshape the global financial system), a startup exhibition (pavilion for blockchain startups from all over the world to showcase their innovative technologies in front of global investors and technology leaders), a Russia ICO show (a platform for interesting and unique ICOs to present their idea before a panel of reputed investment firms) and ICO grand slam (a platform for those companies that are prepared to launch their ICO and the ones still planning).

Among the notable sponsors there are Bankorus, NKD Technologies, ETHLend and many others. The agenda can be found here.

SEC to Need More Info on BTC ETF

SEC is gathering more input from the public – to date, according to the agency, more than 1,400 comments have been submitted
21 September 2018   134

The US Securities and Exchange Commission (SEC) announced the beginning of a formal process for considering the application for the creation of bitcoin-ETF from the New York companies VanEck and SolidX. Nevertheless, the agency appealed to the community for more information. This is stated in the document published on the SEC website.

Institution of such proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved. Rather, as described below, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.
 

The US Securities and Exchange Commission

At the moment, the SEC received about 1,400 comments.

According to the document, the Chicago Board Options Exchange (CBOE) has signed an agreement on the exchange of data on bitcoin transactions, trading and the state of the market with the cryptocurrency trading platform with Gemini.

The agency asked commentators to clarify the position of Gemini in the digital currency market and assess the likelihood of increased volatility at this site in connection with possible trades of bitcoin-ETF.

So, before September 30, the department had to decide on whether to approve, deny or initiate the proceedings. The SEC chose the latter, which is likely to delay the process until the next year.