ICO Wrap – Initial Coin/Token Offering News Summary for June 21, 2018

ICO News | June 21, 2018 By:

3Lau Blockchain Music Festival OMF Aims To Transform Concert Experience

What’s touted as the first blockchain-powered festival network is set to debut in San Francisco this fall, highlighted by a massive concert at Civic Center Plaza in the city.

The Our Music Festival (OMF) is a venture between dance music’s Justin Blau (who goes by 3LAU),

Lawmakers Must Disclose Cryptocurrency Holdings Exceeding $1K, Says US House Ethics Committee

US House of Representative members will now be required to disclose holdings of cryptocurrencies that exceed $1,000.

In a memo published on June 18, the House Ethics Committee advised lawmakers that they must inlcude crypto holdings worth more than $1,000 in their annual financial disclosure report and reveal any transactions that exceed $1,000 within 45 days of the purchase or sale of the virtual asset.

Blockchain Startup TraXion Brings Financial Inclusion To Unbanked Filipinos

Ann Cuisia-Lindayag is the CEO of blockchain startup TraXion. Cuisia-Lindayag has 20+ years of experience in information technology and has advised several women startup founders. Prior to serial entrepreneurship, she has advanced in the corporate scene of banking and finance and have spent good number of years in payments and fundraising.