Techfinancials Share Discussion Threads

[jp1962] 03/1/2018 09:18

92% (option to buy 90 plus recent 2%)

[hope67] 03/1/2018 09:12

Saw how much of Cedex do Tech have?

[highly geared] 03/1/2018 08:59

Offer hasn’t dropped...

[hope67] 03/1/2018 08:55

mms shake and vac hodl

[tomboyb] 03/1/2018 08:43

Not even 1k available -

[mustau] 03/1/2018 08:28

Nice update from plus, bodes well here.

[babbler] 03/1/2018 08:27

Lovely. Do not sell you will find it hard to buy back imo.

[highly geared] 03/1/2018 08:24

Can’t get an on line buy quote for love nor money this morning. Strong demand...

[hazl] 03/1/2018 08:16

good to see you here SR

[tomboyb] 03/1/2018 08:00

Morning -

Not just bitcoin Ethereum looks like $900 coming -

Cardano - now at 0.97 -

[simpletonremover] 03/1/2018 07:57

Only seven trading days to go for the Cedex Coin launch. :o)

[muffster] 03/1/2018 07:51

Bitcoin just shot up. Eth up too.

[hazl] 03/1/2018 07:50

Basically TECHfinancial

' is a creator of electronic trading platforms.

Its business-to-business arm (B2B) provides software and back-up to brokers, enabling them to allow their customers to trade binary options, foreign exchange and certificates for deposit (CFDs).'Proactive link

but selling two of its subsidiaries for 400,000$ last November as change of regulations seemed prudent.

Again it's worth remembering that TECH's turnaround started back in April as revenues rose 57% as it returned to profit.
'15:21 06 Apr 2017
Chief executive Asaf Lahav said the results vindicated the company’s decision to diversify its product offering and focus on high growth markets such as Asia.'

Then this exciting news appeared about the innovative role of diamonds in the CEDEX
narrative.
This is new and fits in with the blockchain theme as it provides funding for a blockchain-based diamond-exchange.

The new exchanges's main revenue stream, will be from diamond-listing fees and transaction fees based on trades executed in the exchange .

IMO

[botack] 03/1/2018 04:21

Gibraltar WORLDS FIR

A mechanism tailored to protect customers of cryptocurrency businesses in Gibraltar, and its own reputation, went into effect on January 1. The regulation targets blockchain technology – companies storing and transmitting value must now be licensed by the Financial Services Commission (GFSC).

Also read: Malta Bitcoin Schizophrenia: Government and Banks Send Mixed Signals

Gibraltar – “World’s First”
The Digital Ledger Technology (DLT) Regulatory Framework has been introduced after last month the Legislature of Gibraltar approved a bill designed to update its financial services regulations. It laid down the foundation for new legislation governing the cryptocurrency sector in the territory with financial services and online gambling still considered the major pillars of the economy.

“We are really excited to finally welcome applications from DLT providers. We expect to be very busy in the coming months”, Nicky Gomez, head of GFSC’s Risk and Innovation Department, said, quoted by the International advisor. “We are looking forward to working on some interesting and innovative ideas with applicants”, he added.

Gomez pointed out that GFSC had become the first regulator to introduce a DLT Regulatory Framework in collaboration with the financial services industry and the government of Gibraltar. “It is a very encouraging time and we are looking forward to the challenge”, the official said.


Being a British overseas territory, Gibraltar has a legal system that is quite independent from the United Kingdom. That has allowed it to develop its own government policies and economic priorities. Gibraltar has attracted financial companies and online sports betting and gaming businesses in its jurisdiction with corporate tax incentives and relaxed regulations, unrivaled by others in the EU.

In December the 17-member local parliament modernized the territory’s financial services legislation with a newly adopted bill. It paved the way for a comprehensive set of rules addressing challenges presented by cryptocurrencies and governing operations of companies in the sector. In doing that, Gibraltar has progressed on fulfilling its intentions to position itself as an attractive location for crypto businesses. They may actually build a brand new pillar to support its economy. And Gibraltarians, in their turn, may completely forget the times when the old British naval dockyard accounted for more than half of their economy.

For God, Queen… and Territory
In its latest move along these lines Gibraltar has laid out certain principles designed to protect consumers’ rights and interests, as well as its own reputation. All licensees will have to follow them. For example, every DLT provider should communicate with its customers in a way which is fair, clear and not misleading and have proper regard to risks to its business and customers. Companies must also have effective arrangements in place for the protection of client assets and money, including “contingency, disaster recovery and crisis management plans”.

Gibraltar Paves Way for Regulation of Crypto and DLT CompaniesSo, Gibraltar is obviously taking no chances. A notification on the GFSC’s website clearly states that as from January 1, 2018, any use of distributed ledger technology for storing or transmitting value belonging to others will need to be authorized by the Commission. By the way, the following entries: “Initial Application Assessment Fee”, “Application Fee”, “Supplementary Fees”, “Annual Fees”, “Further Fees”, populate a list tucked in between the “Principles221; and the “Frequently Asked Questions” sections.

Welcome to Gibraltar! Oh, and don’t feed the monkeys, please!

[dennisbergkamp] 02/1/2018 18:32

A lot of these ICO's are fulfilled by those who already own ETH, BTC, etc, as they've had them sooo long that they can punt a few on ICO's

D

[jp1962] 02/1/2018 18:23

They will adjust the ratio I think so you shouldnt lose out on number of coins

[muffster] 02/1/2018 18:18

Anyone see a flaw here with Ethereum being the metric of 500 Cedex? 4 weeks ago I could get 4 Ethereum which cost 1600 pounds and got 2000 Cedex coins.Now 4 Ethereum is 2400 pounds for same 2000 Cedex coins.

[hazl] 02/1/2018 15:31

The launch date....12 13th Jan is the first exciting date!

[jp1962] 02/1/2018 14:18

Can sell 100K at 29.6p now as I type Whats the but limit now anyone?

[tomboyb] 02/1/2018 13:45

hxxps://thenextweb.com/contributors/2018/01/02/blockchain-can-lead-better-ai-products/

[hazl] 02/1/2018 13:33

Yep this and SYM.... a purchase made this morning,

has brightened a day that is overcast and rainy here!

[moormoney] 02/1/2018 13:22

Very quiet thread but share price rising steadily. Just waiting for the launch 😄😄 to bring a rush to jump onboard IMO.

[hazl] 02/1/2018 12:35

Thankyou Brucie how kind!

Not everybody thinks the way you do unfortunately....brexit differences seem to bring out the worst in some people I've found already this morning!