Vienna is hosting Crypto-Asset Summit 2018

The Crypto42 Token Investment Summit 2018 is taking place in Vienna on April 16 to discuss the state of Token Economy and network with leaders
09 April 2018   608

The Crypto42 Token Investment Summit 2018 is a networking event focused on the defining, trading, valuing. accounting, auditing and tax issues around cryptoassets. Crypto42 Token Investment Summit 2018 is calling upon international business professionals from blockchain based enterprises including CEO’s, auditors, accountants, venture capitalists, investors, regulators, attorneys & developers to network and collaborate to join the discussions. The summit will be held in Vienna, Austria on April 16. The summit is organized by FinTech Academy in cooperation with German Blockchain Association and University of Economics.

The agenda goes as follows:

  • 8:00 - 10:15 | session 1: welcome and status of the token market
  • 10:30 - 11:40 | session 2: status quo token regulation and industry impact
  • 11:40 - 12:30 | session 3: investment schemes and investors protection
  • 13:15 - 14:10 | session 4: FinTech and Digital Innovation - New EU Action Plan for the European FinTech Sector
  • 14:10 - 15:30 | session 5: how to value tokens?
  • 15:45 - 16:45 | session 6: how to account for and how to tax tokens
  • 16:45 - 17:45 | session 7: the vc perspective
  • 17:45 | session 8: wrap-up and outlook

Registered participants can join for free (beverages included)

Brazilian Central Bank to Issue Stablecoin

According to participants of the project, the issue of the BNDES coin will help restore public confidence in Brazilian state banks
17 December 2018   68

The state-owned Brazilian National Social Development Bank intends to issue a cryptocurrency token tied to the Brazilian real. It is reported by CoinDesk.

The pilot project for the production of a token BNDES based on Ethereum will start in January next year. At first, the coin will be used to finance cultural institutions. In particular, the bank will allocate a certain number of new tokens to the local cinema agency.

As the newspaper notes, the bank conducted experiments with steyblecoin throughout 2018. The consultant of the project for the release of a new “stable coin” will be the well-known Ethereum start-up ConsenSys.

According to representatives of the bank, the issue of the BNDES coin will help restore public confidence in Brazilian state banks, which are often criticized due to corruption scandals.

Also, the bank is confident that in the future, stablecoin can be used to finance organizations and projects from various fields.

Note that recently in Brazil there has been a trend towards liberalization of the regulation of cryptoindustry. For example, in October, the Brazilian Securities Commission allowed local investment companies to invest in a cryptocurrency ecosystem through the acquisition of derivatives and shares in foreign funds. It is noteworthy that at the beginning of the year the same financial regulator announced the prohibition of both direct investment in cryptocurrency and indirect investment through intermediaries in the person of foreign companies.