Tuesday, January 29, 2019

Investorideas.com - #Cannabis Continues to Work Towards a Future With the #NFL: (OTC: $HIPH) (OTC: $ACRGF) (CSE: $ACRG.U.C) (NASDAQ: $TLRY) (OTC: $BCCI), #SuperBowlSunday

Investorideas.com - #Cannabis Continues to Work Towards a Future With the #NFL: (OTC: $HIPH) (OTC: $ACRGF) (CSE: $ACRG.U.C) (NASDAQ: $TLRY) (OTC: $BCCI), #SuperBowlSunday



#Cannabis Continues to Work Towards a Future With the #NFL: (OTC: $HIPH) (OTC: $ACRGF) (CSE: $ACRG.U.C) (NASDAQ: $TLRY) (OTC: $BCCI), #SuperBowlSunday


Point Roberts, WA and Delta, BC - January 29, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking some of the cannabis companies working towards a future that unites cannabis with the NFL.
Recent news has been heavily focused on CBS rejecting a Super Bowl ad and making a case for medical marijuana. Acreage Holdings Inc. (OTC:ACRGF) (CSE:ACRG-U), which is in the cannabis cultivation, processing and dispensing business, produced a 60-second ad that shows three people suffering from varying health issues who say their lives were made better by use of medical marijuana.
Acreage's ad-agency sent storyboards for the ad to the network and received a return email that said: "CBS will not be accepting any ads for medical marijuana at this time."
In the article, Acreage President George Allen said, "We're not particularly surprised that CBS and/or the NFL rejected the content, and that is actually less a statement about them and more we think a statement about where we stand right now in this country."
"One of the hardest parts about this business is the ambiguity that we operate within," Alan continued. "We do the best we can to navigate a complex fabric of state and federal policy, much of which conflicts."
This isn't dismaying American Premium Water Corporation (OTC:HIPH), announcing that it will once again be participating in parties and activities in the run up to Super Bowl LIII in Atlanta, Georgia. The Company's Gents and LALPINA brands will be featured in a number of events with the Willis and Walker brand, a luxury menswear brand founded by Kevin Willis, an NBA All-Star, who had an illustrious 21-year career in the league. The Company unveiled the prototype for its LALPINA CBD beverage at last years Super Bowl festivities in Minneapolis, MN
American Premium CEO Ryan Fishoff commented, "I am excited that the Company will once again be participating in Super Bowl festivities. Last year's events were tremendous exposure for the Company and its brands. With all the strides we've made over the past year, I am excited to be there again and continue progressing forward. Its also nice that the Super Bowl is being held in a much warmer climate (Atlanta) than Minnesota. I won't need four layers to go outside, which will allow me to pack more Gents hats and LALPINA CBD water in my carry-on!"
In early December, AB InBev, which includes Budweiser ,a brand commonly associated with the NFL and their famous Super Bowl ads, partnered with Tilray (NASDAQ: TLRY) to fund a Canadian venture dedicated to researching drinks infused with THC and CBD. "We intend to develop a deeper understanding of nonalcohol beverages containing THC and CBD that will guide future decisions about potential commercial opportunities," Labatt Breweries of Canada President, Kyle Norrington said.
Beverages seem to be the obvious move into NFL culture as this year's Super Bowl will feature ads from Baristas Coffee Company, Inc. (OTCPK:BCCI). The company was featured at Forbes.com highlighting Baristas Super Bowl ads which will be advertising not only its bestselling White Coffee fulfilled by Amazon www.trywhitecoffee.com but also its new EnrichaRoast CBD Coffee www.baristas.tv which uses a proprietary technology introducing CBD to the beans after they are roasted. 

Baristas has already been featured on NFL Monday Night and Thursday Night Football, but not for its CBD coffee, although CBD ads are expected to happen in the future.
Not only is cannabis looking to get involved with the NFL, but also the reverse. Investorideas recently reported on Caliva, one of the largest vertically integrated cannabis companies in California, who closed its first round of funding at an over-subscribed amount of $75M, with Carol Bartz, former CEO of Yahoo and Autodesk and former Cisco Board Member, along with three time Super Bowl MVP and Pro-Football Hall of Famer Joe Montana both participating.
Recreational cannabis has been legal in Canada for less then 4 months and is still federally illegal in the US, so perhaps it is too early for the 2019 Super Bowl, but we could see a very different lineup of sponsorships and ads for the 2019-2020 season.
For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks
About Investorideas.com
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
Cannabis Social Media
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Investorideas.com - #CBD Gummies In High Demand; International Spirits and Beverage Group (OTC: $ISBG), Invictus (TSXV: $GENE), CV Sciences (OTC: $CVSI) and Canopy Growth (NYSE: $CGC) (TSX: $WEED.TO)

Investorideas.com - #CBD Gummies In High Demand; International Spirits and Beverage Group (OTC: $ISBG), Invictus (TSXV: $GENE), CV Sciences (OTC: $CVSI) and Canopy Growth (NYSE: $CGC) (TSX: $WEED.TO)



#CBD Gummies In High Demand; International Spirits and Beverage Group (OTC: $ISBG), Invictus (TSXV: $GENE), CV Sciences (OTC: $CVSI) and Canopy Growth (NYSE: $CGC) (TSX: $WEED.TO)


Point Roberts, WA and Delta, BC - January 29, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot focused on the CBD edibles market and how specifically, CBD gummies are in high demand.
CBD gummies landed on Google's 'Year in Search 2018'; ranking CBD gummies as No. 3 in the most searched foods for the year, according to a recent article in Weedmaps.
Building on that, Transparency Market Research expects the global market for gummy vitamins to rise at a steady CAGR of 5.2% during the period between 2017 and 2025. Expanding at this rate, the market will likely become worth US$4.17 bn by 2025 from US$2.68 bn in 2016.
Last November, Canopy Growth Corporation (NYSE:CGC) (TSX:WEED.TO) started selling CBD-dominant softgels through its Tweed brand, containing 20 milligrams of CBD, and between 2.5 or 10 milligrams of THC. The company also recently gave an update on its hemp operations as it prepares for US market entry thanks to this transformative piece of federal legislation, one that enables expanded pathways to the American market for hemp-based products, including CBD products.
In the news, Bruce Linton, Chairman and Co-CEO, joked, “I like to say that we have, on the market right now, the Canadian version of the Gummy Bear. But seriously, this is the first legal ingestible that is available in Canada, and we want to see what kind of outcome that product will get because people are basically ingesting it.”
International Spirits and Beverage Group Inc. (OTC:ISBG), a brand incubator in the Global Wine & Spirits and CBD-Infused Products markets, is jumping into the sector as they announced the official launch of live sales of its inaugural CBD product, P19 CBD Gummies. The Company is eager to get sales rolling in, so it is launching through an initial temporary site dedicated to this one product: www.buyp19.com. The Company's initial product, P19, will feature 10 x 25mg of nano-infused pure CBD, providing superior bioavailability.
ISBG CEO, Terry Williams stated, “It has been a long road to get to this point, and we have had to overcome a number of difficult obstacles. But we are finally ready to flip the switch and start to monetize our investment. Given the establishment of our key partnerships, the development of our ecommerce platform, and our plan to include Amazon and Google as avenues of distribution, we feel very confident about selling through our first purchase order of $115K, and we expect to see more such orders in coming weeks. This initial website will soon be replaced with a more robust site, eventually featuring a complete product line-up.”
More and more companies are looking to get into the US and Canadian CBD space such as INVICTUS MD STRATEGIES CORP. (TSXV: GENE) (OTCQX: IVITF), who recently provided an update on its binding letter of intent to create a joint venture with Cannamerica Brands Corp. and CBDistribution Company Ltd. that was previously announced on January 7, 2019 with the intention of acquiring hemp biomass for extraction into CBD isolate using purpose-built facilities for large scale CBD extraction.
"This acquisition represents the next step forward in our partnership with CannAmerica and CBDC as we progress toward extracting CBD isolate for the United States market," said George E. Kveton, President and CEO of Invictus.
Stepping into this growing market, CV Sciences, Inc. (OTC:CVSIlaunched a hemp-derived cannabidiol (CBD) gummy product from its PlusCBD Oil brand back in September at Natural Product Expo East 2018, recently announced its certification by the US Hemp Authority™ Guidance Program.
Established in 2018, the US Hemp Authority™ Certified program was developed by the US Hemp Roundtable, and is designed specifically to educate hemp farmers and hemp finished product producers in FDA Current Good Manufacturing Practices (cGMP) and Good Agricultural Practices (GAP) to ensure that consistent quality is achieved. The U.S. Hemp Authority™ Certification Program is administered by experienced quality assurance and verification professionals from industry-leading food and agricultural companies.
CBD Gummies are a product in high demand and whether big like Canopy Growth, or small like ISBG, the ones who are able to get their brand to market first will have the advantage as companies like Google and Amazon get involved in online sales.
For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks
About Investorideas.com
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
Follow us on Cannabis Social Media
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.aspDisclosure: this news article featuring ISBG is a paid for news release on Investorideas.com. Learn more about costs and our services https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Monday, January 28, 2019

Investorideas.com - WISE Network's Bounty Is Up For Grabs! @network_wise

Investorideas.com - WISE Network's Bounty Is Up For Grabs! @network_wise



WISE Network's Bounty Is Up For Grabs! @network_wise


January 28, 2019 (Investorideas.com Newswire) The word bounty is attached to digital environments more and more everyday. The term comes from online video gaming where a platforms offer a reward for participating in the game's development. Since then, the term “bounty” is strongly used when talking about launching an ICO. Blockchain and the crypto industry have already made it a part of everyday lingo when discussing new opportunities of grabbing cryptocurrency prizes. The allure of getting free tokens for promotional activities is something that appeals to a lot of crypto potential investors.
The fact that profits come from the efforts of a third-party promoter (in this case, the participant in the bounty), then the bounty campaign constitutes an investment contract transaction. This, therefore, means that almost all bounty-promoted tokens are in fact securities the third-party can obtain. This is why it is so appealing, you are rewarded in cryptocurrency.
Now it's WISE's opportunity to create a new niche and market with the aid of enthusiasts who believe in their proposal and potential. WISE Tokens are up for grabs!
WISE Network emerged around a year ago, the project has been around the world, certifying itself, touring and offering new business models in blockchain and IoT. Wise is an innovative developer of analog-mixed-signal, system-on-a-chip who created an eco-system that enables a universe of applications on IoT and mobile devices using distributed ledger technology while backed by integrated-circuit-product-development.
You can now tap into this ecosystem by acquiring WISE Tokens.
Part of the engine that runs WISE is the Anzus Chip. This is an innovative development of analog-mixed-signal system-on-a-chip (AMS-SoC) integrated circuit that empowers IoT and mobile networks through a 13 nanometer IC introducing a practical new concept, radio based IoT mesh networking. If you want to know more about the project (Read more.)
WISE launched its bounty campaign this weekend. Under the banner "Powering IoT and M2M Economy" they seek to attract as many followers, adepts and believers by offering 2.5 million WISE Tokens in a semester, starting this Friday February 1st.
Bounty allocation will be:
  • Multimedia Content - 20%
  • Translations - 20%
  • Twitter - 15%
  • Facebook - 15%
  • LinkedIn - 5%
  • Telegram - 10%
  • Signature - 15%
Terms, conditions and methods of participation are already posted at bitcointalk.org (Click here). You can click here to access WISE's bounty program information.
Probably a lot of information will be available in the near future about pros and cons of this initiative, it's worth and its future place in the market. All written by interested people, well versed in ICOs and crypto culture, and with a genuine interest in WISEs business proposal to the blockchain and IoT industry.
Not everything is about tokens, there is a good chance for WISE to disrupt the market positively, offering value, ROI and new/improved technologies to propel our day to day digital lives. You can read WISE's white paper HERE.
watch video
 


Investorideas.com - GBT Genesis Blockchain Technologies
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Genesis Blockchain Technologies is a paid sponsor of the #CryptoCorner podcast at Investorideas.com https://www.investorideas.com/crypto-corner/ GOPH is a paid monthly PT news and social media client on Investorideas

Investorideas.com - Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSXV: $ZENA.V) (TSXV: $PCLO.V), (TSX-V: $WL.V), (TSXV: $NINE.V), (CSE: $LDS.C), (OTCQX: $LDSYF) and (TSXV: $N.V) (OTCMKTS: $NXTTF)

Investorideas.com - Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSXV: $ZENA.V) (TSXV: $PCLO.V), (TSX-V: $WL.V), (TSXV: $NINE.V), (CSE: $LDS.C), (OTCQX: $LDSYF) and (TSXV: $N.V) (OTCMKTS: $NXTTF)



Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (TSXV: $ZENA.V) (TSXV: $PCLO.V), (TSX-V: $WL.V), (TSXV: $NINE.V), (CSE: $LDS.C), (OTCQX: $LDSYF) and (TSXV: $N.V) (OTCMKTS: $NXTTF)


Delta, Kelowna, BC - January 28, 2019 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today's edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:

#CryptoCorner: Market Tumbles, South Korean Exchanges Join to Combat Money Laundering, Kik to Fight SEC, Iran Close to CBDC and Belarusbank Considering #Crypto Exchange

Hear Investor ideas cannabis potcast on iTunes

Today's podcast overview/transcript:
Good afternoon and welcome to another Investorideas.com "potcast", looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.
Today we are looking at announcements from Zenabis Global Inc. (TSXV: ZENA), PharmaCielo Ltd. (TSXV:PCLO), Westleaf Inc. (TSX-V: WL), Delta 9 Cannabis Inc. (TSXV: NINE), Lifestyle Delivery Systems Inc. (CSE: LDS), (OTCQX: LDSYF) and Namaste Technologies Inc. (TSXV: N) (OTCMKTS: NXTTF).
Zenabis Global Inc. announced that on January 22, 2019, Zenabis completed the acquisition of 51% of Hillsboro Corp Inc. ("True Buch").
True Buch is a kombucha company with expertise in the creation of cultured tea beverages. True Buch cultured tea beverages are raw, unpasteurized, gluten free and non-GMO, with over 11 distinct flavours. Zenabis and True Buch intend to draw on each other's expertise to infuse cannabis into True Buch beverages when permitted under applicable laws and regulations, creating a cultured tea beverage CBD or THC product.
Zenabis has acquired 51% of True Buch in consideration of the issuance to the True Buch shareholders of 455,097 common shares of Zenabis. In addition to this closing payment, the True Buch shareholders are entitled to cash earn-out payments based on the future financial results of True Buch exceeding the forecast on which the closing payment was based.
Zenabis has the option, on or after the second anniversary of the date of the agreement, to purchase the remaining 49% of the equity in True Buch at eight times the EBITDA for the preceding 12 months payable in cash.
PharmaCielo Ltd., the Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis oil, PharmaCielo Colombia Holdings S.A.S., announced today its entry into the Mexican market through an equity joint venture with MINO Labs S.A. de C.V. ("MINO Labs"), a specialty pharmaceutical company and medical supply distributor based in Mexico, based on an agreement signed on January 25, 2019. The JV is called PharmaCielo S.A. de C.V. ("PharmaCielo Mexico").
The announcement marks a key milestone in PharmaCielo's plan to become a leading global exporter of high-quality medicinal-grade cannabis oils and derivative products. Cannabis oil delivery under the JV to the Mexican market is expected to commence in Q4 2019, subject to the JV and PharmaCielo obtaining the requisite registrations and licences. PharmaCielo's ability to carry out the contemplated business under the JV will be subject to the approval of the TSX Venture Exchange (the "TSXV").
"We are thrilled about the opportunity to join forces with MINO. Ultimately, our plan is to bring our high-quality cannabis oils to Mexico," says David Attard, Chief Executive Officer of PharmaCielo. "Our premium quality oils are extracted from proprietary strains of dried flower at flower cost levels below $0.05 per gram. This enables us to focus our efforts and financial investment on the creation of the highest-quality oil-based health and wellness products, which when combined with the expertise of Mino Labs, will enable the JV to participate in the advancement of the medicinal cannabis industry in Mexico."
Westleaf Inc. announced that it has signed a definitive agreement to acquire Delta 9 Cannabis Inc.'s 50% interest in the Delta West extraction facility, bringing Westleaf's total ownership to 100%. Under the Definitive Agreement, Westleaf has agreed to issue an aggregate of 5,600,000 common shares in the capital of Westleaf in consideration for the acquisition of Delta 9's 50% interest in the project. Closing is expected to occur on or about January 31, 2019.
The Delta West facility is approximately 60,000 square feet with Phase I (~15,000 sq. ft.) to include R&D, processing, extraction, manufacturing and order fulfillment, all built to EU GMP specifications with the intent to access international export markets. Phase II of the facility is designed to produce new derivative product lines in preparation of Health Canada's legalization of derivative products, expected to occur on October 17, 2019. The Delta West facility is scheduled to open in the summer of 2019.
"This transaction is another step in the direction of becoming a significant vertically integrated player in the Canadian cannabis industry," said Scott Hurd, President and CEO of Westleaf. "It is our view that over time, a diversified offering of derivative cannabis products will account for the majority of consumer demand. We are positioning to formulate unique, high quality derivative products and leverage our expertise in building and running these types of facilities." Hurd refers to the senior management team at Westleaf who have combined, designed, built and operated multiple cultivation and extraction facilities in Canada and in U.S. where medicinal or recreational cannabis has been legalized.
Lifestyle Delivery Systems Inc. announced that its subsidiary, CSPA Group, Inc., received a purchase order from lbs. Distribution for distribution of CannaStripsTM into the California cannabis market.
CSPA Group will fill the order for its flagship product, CannaStripsTM, this week. The CannaStripsTM batch has already passed state certification testing and is ready for delivery. Each package will contain ten (10) individually-sealed strips.
CSPA Group's marketing director, Casey Fenwick, stated, "With the extensive network of 120+ licensed retailers throughout California, we are certain that our engagement with lbs. Distribution will increase CannaStripsTM availability to a broader audience, doing so in a legal and professional manner. We are confident that the convenience, efficacy, and affordability of CannaStripsTM will be a market disruptor."
Namaste Technologies Inc. reported on a critical step in the export of medicinal cannabis from Israel and its significance to the Company and its Israeli partner, Cannbit Ltd.
The Israeli government has approved the export of medical cannabis, a significant milestone for the Company and its Israeli partner, Cannbit, as a late-stage applicant, GMP-certified producer of medical cannabis which is publicly listed on the Tel Aviv Stock Exchange. The Company owns 10% of Cannbit, has a collaboration and supply agreement to purchase medical cannabis, and a Collaboration Agreement whereby Cannbit consults with the Company in relation to Namaste's Israeli operations. For Namaste, the Company intends on facilitating the import of medical cannabis from the Israeli market to Canada and other jurisdictions, subject to regulatory approvals as required, and adding Cannbit's cannabis to Cannmart's product line later this year.
"This is an important milestone for our Israeli partners, Cannbit, and our Cannmart customers," said Sean Dollinger, Co-Founder, President and CEO of Namaste Technologies. "Our goal is to import medical cannabis from the Israeli market and offer it to Canadian patients. Furthermore, this approval opens the door for Namaste to potentially import product into other key markets."
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About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers.
Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Investorideas.com - #CryptoCorner: Market Tumbles, South Korean Exchanges Join to Combat Money Laundering, Kik to Fight SEC, Iran Close to CBDC and Belarusbank Considering #Crypto Exchange

Investorideas.com - #CryptoCorner: Market Tumbles, South Korean Exchanges Join to Combat Money Laundering, Kik to Fight SEC, Iran Close to CBDC and Belarusbank Considering #Crypto Exchange



#CryptoCorner: Market Tumbles, South Korean Exchanges Join to Combat Money Laundering, Kik to Fight SEC, Iran Close to CBDC and Belarusbank Considering #Crypto Exchange

January 28th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch


Point Roberts, WA and Delta, BC - January 28, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.
Listen to today's Crypto Corner Podcast:

#CryptoCorner: Market Tumbles, South Korean Exchanges Join to Combat Money Laundering, Kik to Fight SEC, Iran Close to CBDC and Belarusbank Considering #Crypto Exchange

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Market Tumbles, South Korean Exchanges Join to Combat Money Laundering, Kik to Fight SEC, Iran Close to CBDC and Belarusbank Considering Crypto Exchange

As the week begins data from CoinMarketCap indicates that the crypto market has lost around $7 billion USD since Sunday. This puts the total market cap at $112 billion at press time. Consequently, most of the top 100 coins listed by market cap are in the red. Bitcoin (BTC) has remained fairly stable, only down 3.7 percent and trading for $3457. The next biggest coins by market cap, XRP and Ether (ETH), lost 6.7 percent and 9.3 percent, respectively.
CoinDesk reports that four cryptocurrency exchanges in South Korea - Bithumb, Coinone, Korbit and Upbit - have partnered to combat money laundering. The four companies are joining to create a hotline to share real-time wallet information on suspicious crypto trades. According to the report: "The exchanges will also operate a shared database of suspicious wallet addresses that would, for example, be able to help them identify and halt scammers looking to use different exchanges to move a large quantity of cryptocurrency to the same wallet."
Messaging app company Kik is "fighting" the SEC, according to founder and CEO Ted Livingston in a Medium post yesterday. Believing the SEC will bring a case against Kik for the ICO of their Kin currency, Livingston cites page 11 of the 1934 Securities Exchange Act - the act that created the SEC - that the definition of a security "shall not include currency." Livingston said:
This situation is not unique to Kik. There are dozens of projects at a similar point with the SEC. We all believe that this industry needs regulation, but we also believe that this is not the way to get it.
Al Jazeera reports that Iran is close to unveiling a central bank-issued digital currency (CBDC) in response to persistent US sanctions. The cryptocurrency is expected to be officially announced at the annual two-day Electronic Banking and Payment Systems conference on January 29 in Tehran. The theme for the conference this year is "blockchain revolution".
Belarusbank, the largest bank in Belarus, may be setting up its own cryptocurrency exchange, according to a report from local outlet BelTA. The chairman of the bank's board, Viktor Ananich, discussed the possibility on Belarusian TV saying:
"Digitalization-related projects will be virtually exclusive in nature. However, at present things are changing very fast and we need to keep up with them."
Sam Mowers, Investorideas
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