tZERO Will List Kodakcoin

Kodakcoin will be released in the 2018 Q1 and will be distributed in full compliance with the requirements of US regulators
17 January 2018   697

Last week, Kodak, which manufactures equipment and supplies for photography, announced preparations for the launch of the Kodakcoin cryptocurrency, intended for photographers and agencies that, with the help of it, will be able to manage permissions to use their work. Kodak shares rose 77% immediately after this news. 

The next step in the development of Kodakcoin was the announcement that the new cryptocurrency will be included in the listing of tZERO, a trading platform developed by Overstock .com. Thus, Kodakcoin will be the first third-party cryptocurrency presented on the platform.

According to a press release, Kodakcoin will be released in the first quarter of 2018 and will be distributed in full compliance with the requirements of US regulators.

tZERO’s vision in being able to develop and provide a securities token platform that complies with U.S. federal securities laws is key to the success of the KODAKCoin. The KODAKCoin offering is centered around providing photographers security and peace of mind, and the tZERO platform allows us to provide that same security to our token holders as well.

Jan Denecke

Co-Founder, KODAKOne platform and KODAKCoin

tZERO will assume the function of providing advice, technological implementation and organization of Kodakcoin trades, including invoice encryption, pricing, clearing and settlement services, as well as traders' verification.

Kodakcoin tokensale Campaign starts on January 31st. Participation in it will be accepted by accredited investors from the USA, Great Britain and Canada.

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Microsoft to Ban Crypto Ads in Bing Search Engine

Advertisements related to virtual currencies or promotion of fake/forged virtual currencies are now prohibited
17 May 2018   135

Bing is a very famous web search engine owned and operated by Microsoft. A couple of days ago Bing reported in its Blog that online fraud involving financial services became a serious problem recently. Bing published a list of policies to help ad providers meet approval and protect consumers and businesses from being victimized. The polices apply to all forms of currency including real and virtual currency.

Advertising for the following products and services is not permitted: Ponzi schemes, pyramid schemes, or other legally questionable business opportunities, particularly if returns on investment rely solely on adding participants to the scheme or the consumer must pay a subscription fee or buy a specific product to join, and the value proposition of doing so is undefined.

Bing Blog post

Bing now bans ads related to solicitation of funds except by recognized charities or organizations. Advertisements related to virtual currencies designed to facilitate illegal purposes, to avoid applicable taxes, money laundering, promotion of fake/forged virtual currencies are also prohibited. The full ban of such ads is expected in late June or early July.

Previously, we have reported that Facebook created a new policy that prohibits all advertisements for cryptocurrency and ICOs as part of an effort to improve the integrity and security of ads.