CrowdCrypto Newsletter

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• Two Prime, the Hong Kong company founded by blockchain expert Marc Fleury, plans to launch a new token sale investment model called the Continuous Token Offering. The offerings will consist of an initial launch of 5M tokens, with the remaining 95M to be released over the course of 10 years. The company aims to use this model to maintain investor interest in campaigns using digital securities (Coindesk)

• Former CFTC Chairman Giancarlo has partnered with two other investors and Accenture to form the Digital Dollar Foundation, seeking to develop plans for a viable digital dollar (Coindesk)

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• The Telegram saga continues: the SEC has alleged that the messaging company launched their Gram token sale in 2018 merely to fund an expansion of their secure messaging servers while telling investors the cash was going towards developing a high-tech blockchain (Coindesk)

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• The news comes as crypto exchange Liquid has canceled the sale of Telegram's Gram coin and returned investor funds, citing the continuous delay of the rollout of the TON network as a cause for concern (Coin Telegraph)

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• Members of the United States Congress have introduced "The Virtual Currency Tax Fairness Act of 2020" in attempts to exempt small cryptocurrency transactions from being taxed (Coindesk)

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• Gemini Exchange launched an insurance company (Nakamoto, Ltd.) to insure their Gemini Custody service, covering up to $200M in assets which is reportedly the largest insured amount for any crypto custody service (Coin Telegraph)

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• The NBA's Sacramento Kings have launched a blockchain app allowing fans to bid on items worn by players, partnering with blockchain companies ConsenSys and Treum and hosting the app on the Ethereum blockchain (NBA.com)

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• Mikhail Mishustin, the newly-elected Prime Minister of Russia, has announced plans to draft strict cryptocurrency tax regulations, likely developed in his time as director of the Russian Federal Taxation Service (Forbes)

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• Join us at the Best Ever Conference in Keystone, Colorado, which features real estate investment speakers and panels from across the industry. ? I'll be speaking! ? February 20-22.

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• The Crypto World Summit is coming back to NYC for its fourth year on February 20th, focusing this time on the future of digital assets and crypto asset portfolios.

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• Consensus 2020 kicks off on May 11th and runs through the 13th, featuring speakers from across the industry during NYC Blockchain Week!