Point Roberts, WA and Delta, BC - April 25, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID ( NASDAQ: NXTD ) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.
Listen to today's Crypto Corner Podcast:
#CryptoCorner: Samsung (KSE:005930) Invests $2.9 Million in Crypto Startup Ledger, Nike (NYSE: $NKE) Files Trademark Application for "Cryptokicks" and Coinme Announces Over 2,000 Bitcoin ATMs in the US
Get the Crypto Corner Podcast on iTunes
Subscribe to Podcast RSS feed:
Stocks discussed: (KSE:005930) (NYSE:NKE)
South Korean electronics giant Samsung ( KSE:005930 ) has invested $2.9 million into crypto wallet startup Ledger, according to a report from French business magazine Capital . The investment raises the valuation of Ledger to roughly $290 million. The crypto startup is known for its Ledger Nano S, a hardware wallet that resembles a USB stick. France's Minister of Economy and Finance, Bruno Le Maire, said of the company:
"Ledger has everything to become very quickly our first French unicorn blockchain."
CoinDesk reports that France's new legal framework governing the crypto space will guarantee bank accounts to crypto startups and blockchain projects. Companies that opt in to the framework drafted by the AMF, the country's financial markets overseer, will not be refused business by banks. Domitille Dessertine, head of the fintech, innovation and competitiveness division at AMF, said:
"The relationship between the project and the bank remains contractual, but if the banks refuse then they will need to justify with us why they have refused to open a bank account."
Dessertine also indicated that the legislation has already sparked interest from the crypto space:
"There has been significant interest in the new license proposed for digital asset service providers, which includes crypto exchanges, be they fiat to crypto or crypto to crypto. So if Huobi, for instance, wants this license it will be possible for them to ask for it."
Nike ( NYSE:NKE ) has filed a trademark application in the U.S. for "Cryptokicks". The document indicates a series of cryptocurrency-related functions intended for the name. Trademark attorney Josh Gerben posted an analysis of the application on Twitter . In his analysis, Gerben reacts to the line in the document that reads, "providing a digital currency or digital token for use by members of an on-line community via a global computer network", with the opinion that: "this is trademark speak for ‘this is a cryptocurrency called Cryptokicks."
Blockchain and fintech company Coinme has announced that it is experiencing considerable growth in the amount of bitcoin ATM kiosks opening in the U.S. in its collaboration with Coinstar, with over 2,000 locations now operating. Neil Bergquist, CEO and co-founder of Coinme, said:
"Our rapid growth is the result of our leadership in digital currency from the early days of the industry and our expanded ability to offer local kiosks for its purchase. Through our relentless focus on customer success and product innovation, we have become the trusted, safe and secure global standard for digital currency exchange."
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Get the Crypto Corner News by email Get Crypto Corner News
Crypto Corner Sponsors:
Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID ( NASDAQ: NXTD ). By leveraging the FitPay Payment PlatformTM, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com
Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io
More info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com , Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
The Crypto Corner is part of the Investor Ideas Membership content
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto Corner is an Investorideas.com content brand
Learn more about our news, PR and social media services at Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Get more Bitcoin and Blockchain Investor ideas - news, articles, podcasts and stock directories