Craig Wright, Jimmy Nguyen to speak at upcoming CHAINSIGHTS event in New York

The creator of Bitcoin Dr. Craig S. Wright and the Founding President of the Bitcoin Association are among the speakers in the upcoming CHAINSIGHTS Fintech and Blockchain Summit. The event, which will be held on October 10 in New York will bring together leading minds in the blockchain, tech, legal, academic and finance industries to discuss the future of blockchain technology.

The annual event will be held at the Marriott Marquis hotel in New York. Other than Dr. Wright and Jimmy, the event will feature presentations and panel discussions from industry leaders including former SEC Commissioner Roel Campos, the CEO of OpenFinance Juan M. Hernandez, the Deputy Executive Secretary of United Nation Capital Development Fund Xavier Michon, and David Namdar, a partner at Galaxy Digital Assets and more.

The topics to be covered include the crypto mining industry and the best way to invest, a crucial topic especially with Bitcoin block rewards set to halve in 2020. The speakers will also address blockchain development and investment in China. The Asian economic giant has blown hot and cold regarding the blockchain and crypto industry, and with some of the panelists having extensive experience in the Chinese blockchain industry, this will be a session you don’t want to miss.

The closing keynote address will be delivered by Roel Campos and it will center on the state of blockchain and cryptocurrency regulation. Campos, who served as an SEC Commissioner for five years, will shed light on what the SEC and other regulators have in store for the crypto industry.

The event is organized by ChainDD, a crypto and blockchain news site targeting the Chinese market with more than 2 million registered users. Apart from the distinguished list of speakers, CHAINSIGHTS will also bring together some of the leading companies in the tech and financial services industry including Google, IBM and Morgan Stanley.

ChainDD promises that the event will be “highly interactive, providing valuable opportunities for networking, idea sharing and potential partnerships with some of the most influential players in the field.”

To grab your tickets, head on to Eventbrite and secure your spot.

Russian central bank issues fresh warning over cryptocurrency investments

The Russian central bank has issued new warnings over cryptocurrency investments, urging investors to be mindful of the risks, according to a report published this week.

According to reports in Russian media, the Central Bank of Russia’s Financial Stability Report flagged the current conditions in cryptocurrency markets as a “bubble,” and warned investors risked heavy losses from their exposure to digital assets.

The bank also expressed concerns about illegal uses of cryptocurrencies, such as funding international terrorism and money laundering—a common thread running through much of the central bank’s criticisms of cryptocurrency markets in recent months.

The report concluded that it was for regulators, both locally and globally, to reduce the risk profile attached to investments in cryptocurrencies.

“The task of national and supranational regulators is to minimize those risks via developing a coordinated approach to regulation of the cryptocurrencies market and restricting the potential of high-risk investments and transactions,” according to the report.

The warnings come as the latest in a series of similar statements from senior figures in Russia, including the federal government, as well as the central bank. Prime Minister Dmitry Medvedev has expressed his own concerns, while President Vladimir Putin has issued legal decrees effectively outlawing certain cryptocurrency activities.

The Central Bank of Russia’s deputy governor, Sergei Shvetsov, said in the last few weeks that steps would be taken to ban international exchanges from selling cryptocurrency assets in Russia, citing the perceived fraud risk.

“We consider all cryptocurrency derivatives to be a negative development on the Russian market and do not consider it possible to support it, and will even assume measures to restrict potential operations with such instruments made by the regulated part of the Russian market,” said Shvetsov.

Earlier in September, the country’s deputy finance minister Alexey Moiseev announced that efforts were underway to ban cryptocurrency payments altogether, a statement which caused concern among Russian cryptocurrency investors at the time.

At the time, he described how “no regulator doubts that payments will be banned,” citing possible legislative measures by the end of this year.

The latest warnings from the Russian central bank confirm the pessimistic approach adopted in Russia in recent months, at a time when governments around the world are striving to get to grips with regulating cryptocurrencies.

Note: Tokens in the SegWit chain are referred to as SegWit1X (BTC) and SegWit Gold (SWG) and are no longer Bitcoin. Bitcoin Cash (BCH) is the only true  Bitcoin as intended by the original Satoshi white paper.  Bitcoin BCH is the only public block chain that offers safe and cheap microtransactions.

Russian central bank issues fresh warning over cryptocurrency investments

The Russian central bank has issued new warnings over cryptocurrency investments, urging investors to be mindful of the risks, according to a report published this week.

According to reports in Russian media, the Central Bank of Russia’s Financial Stability Report flagged the current conditions in cryptocurrency markets as a “bubble,” and warned investors risked heavy losses from their exposure to digital assets.

The bank also expressed concerns about illegal uses of cryptocurrencies, such as funding international terrorism and money laundering—a common thread running through much of the central bank’s criticisms of cryptocurrency markets in recent months.

The report concluded that it was for regulators, both locally and globally, to reduce the risk profile attached to investments in cryptocurrencies.

“The task of national and supranational regulators is to minimize those risks via developing a coordinated approach to regulation of the cryptocurrencies market and restricting the potential of high-risk investments and transactions,” according to the report.

The warnings come as the latest in a series of similar statements from senior figures in Russia, including the federal government, as well as the central bank. Prime Minister Dmitry Medvedev has expressed his own concerns, while President Vladimir Putin has issued legal decrees effectively outlawing certain cryptocurrency activities.

The Central Bank of Russia’s deputy governor, Sergei Shvetsov, said in the last few weeks that steps would be taken to ban international exchanges from selling cryptocurrency assets in Russia, citing the perceived fraud risk.

“We consider all cryptocurrency derivatives to be a negative development on the Russian market and do not consider it possible to support it, and will even assume measures to restrict potential operations with such instruments made by the regulated part of the Russian market,” said Shvetsov.

Earlier in September, the country’s deputy finance minister Alexey Moiseev announced that efforts were underway to ban cryptocurrency payments altogether, a statement which caused concern among Russian cryptocurrency investors at the time.

At the time, he described how “no regulator doubts that payments will be banned,” citing possible legislative measures by the end of this year.

The latest warnings from the Russian central bank confirm the pessimistic approach adopted in Russia in recent months, at a time when governments around the world are striving to get to grips with regulating cryptocurrencies.

Note: Tokens in the SegWit chain are referred to as SegWit1X (BTC) and SegWit Gold (SWG) and are no longer Bitcoin. Bitcoin Cash (BCH) is the only true  Bitcoin as intended by the original Satoshi white paper.  Bitcoin BCH is the only public block chain that offers safe and cheap microtransactions.

Russian central bank issues fresh warning over cryptocurrency investments

The Russian central bank has issued new warnings over cryptocurrency investments, urging investors to be mindful of the risks, according to a report published this week.

According to reports in Russian media, the Central Bank of Russia’s Financial Stability Report flagged the current conditions in cryptocurrency markets as a “bubble,” and warned investors risked heavy losses from their exposure to digital assets.

The bank also expressed concerns about illegal uses of cryptocurrencies, such as funding international terrorism and money laundering—a common thread running through much of the central bank’s criticisms of cryptocurrency markets in recent months.

The report concluded that it was for regulators, both locally and globally, to reduce the risk profile attached to investments in cryptocurrencies.

“The task of national and supranational regulators is to minimize those risks via developing a coordinated approach to regulation of the cryptocurrencies market and restricting the potential of high-risk investments and transactions,” according to the report.

The warnings come as the latest in a series of similar statements from senior figures in Russia, including the federal government, as well as the central bank. Prime Minister Dmitry Medvedev has expressed his own concerns, while President Vladimir Putin has issued legal decrees effectively outlawing certain cryptocurrency activities.

The Central Bank of Russia’s deputy governor, Sergei Shvetsov, said in the last few weeks that steps would be taken to ban international exchanges from selling cryptocurrency assets in Russia, citing the perceived fraud risk.

“We consider all cryptocurrency derivatives to be a negative development on the Russian market and do not consider it possible to support it, and will even assume measures to restrict potential operations with such instruments made by the regulated part of the Russian market,” said Shvetsov.

Earlier in September, the country’s deputy finance minister Alexey Moiseev announced that efforts were underway to ban cryptocurrency payments altogether, a statement which caused concern among Russian cryptocurrency investors at the time.

At the time, he described how “no regulator doubts that payments will be banned,” citing possible legislative measures by the end of this year.

The latest warnings from the Russian central bank confirm the pessimistic approach adopted in Russia in recent months, at a time when governments around the world are striving to get to grips with regulating cryptocurrencies.

Note: Tokens in the SegWit chain are referred to as SegWit1X (BTC) and SegWit Gold (SWG) and are no longer Bitcoin. Bitcoin Cash (BCH) is the only true  Bitcoin as intended by the original Satoshi white paper.  Bitcoin BCH is the only public block chain that offers safe and cheap microtransactions.