Blockchain Industry Expansion in Mexico Key to Augmate Connect Partnership

Blockchain, Innovation, Investing, News, Uncategorized | January 15, 2018 By:

Augmate Connect claims to be the first Internet of Things (IoT) device management platform using distributed ledger technology. The Augmate Connect Platform will be activated and utilized using tokens called MATEs (Machine Access Token Exchange).

The company recently announced a partnership with Maximilian Ventures to promote blockchain and distributed ledger technology development in Mexico and throughout Latin America.


China’s Internet Finance Regulator Warns On “ICOs in Disguise”

ICO News, Investing, News, Regulation | January 15, 2018 By:

China’s National Internet Finance Association (NIFA), a self-regulatory organization in the field of Internet finance, has issued a warning against risks from the so-called “initial miner offerings” (IMO).

In a statement, NIFA claimed that IMOs are disguised initial coin offerings (ICO), the latter completely banned in the country.


South Korea Cryptocurrency Crackdown: Crypto Exchange Ban Not Finalized

Investing, News, Regulation | January 12, 2018 By:

South Korea’s presidential office said that the proposed ban on cryptocurrency trading is not “finalized.”

The statement came after Park Sang-ki, South Korea’s justice minister, revealed plans to ban all cryptocurrency trading through exchanges. He expressed “grave concerns” over the heightened adoption and craze among the general public for cryptocurrencies.