Texas to Discuss Anonimous Crypto Transactions Ban

As reported, the initiative was made by a member of the House of Representatives and Republican Phil Stevenson
11 March 2019   368

Texas lawmakers propose to de-anonymize cryptocurrency operations. The initiative was made by a member of the House of Representatives and Republican Phil Stevenson, according to BTC Wires.

The draft law obliges the recipient of a digital currency to confirm the identity of the sender. The procedure will be optional only when using a “digital currency that provides confirmation of the identity of the sender.”

Responsible for the definition of cryptocurrency, traded within the legal framework, the legislator proposes to appoint a Banking Department, the Commission on Credit Unions, the Department of Public Security and the State Council on Securities.

According to Stevenson, his proposal will help improve the financial situation of Texas.

If approved, the regulatory act will enter into force on September 1, 2019.

The crypto community met the initiative negatively. So, the co-founder of Athena Blockchain, Andrew Hinkes, considered that the bill could hinder the use of cryptocurrencies, and also expressed doubts about the competence of departments.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   1025

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”