In a recent interview with the Innovation Show, DNotes Global Inc. CEO Alan Yong stressed the important role that trust plays within the digital currency industry. During a discussion that covered a wide range of cryptocurrency-related issues, he addressed everything from digital currency’s original promise to the current state of the industry and the challenges it confronts as it continues to grow and mature.
Finance Ministers representing the member states of the Group of Twenty (G20) gathered in Argentina this last weekend to discuss issues ranging from financial inclusion and the global tax system to the impact of technology on the world’s financial system. The group later issued a communique that downplayed cryptocurrency’s risk to global financial stability and set an October deadline for the Financial Action Task Force (FATF) to explain how its standards apply to cryptocurrency assets.
For many years intermediaries have found a way to wedge themselves between consumers and merchants, profiting from both sides and making transactions below a certain dollar value all but impossible. Thanks to the internet, the world we know is changing very rapidly, and increased competitiveness in the payments sector is providing people with options that never existed before. The increased competition from small business and startups is creating the beginning of a fee-slashing snowball effect and putting more money in the pockets of consumers. And as consumers gain access to income that would otherwise be allocated to pay for financial services, businesses will immediately enjoy revenue increases and widening margins as their payment processing fees are all but eliminated overnight. With this extra money at their disposal, they can more effectively for expand the business, provide better products, and ensure that customers get even more value for their dollars.
U.S. Representatives serving on the Subcommittee on Monetary Policy and Trade will be conducting a hearing entitled “The Future of Money: Digital Currency” on Wednesday, July 18, according to a memorandum from the Financial Services Committee. The Committee memo announcing the hearing and scheduled witnesses suggested that testimony is expected to encompass a broad range of crypto-related topics:
DNotes Global Inc Launches Reg. D 506 (c) Funding to Raise $5 million from Accredited Investors in a series of Three Funding Rounds
DNotes Global, Inc. announced on Thursday that its first funding round utilizing Reg. D 506 (c) to raise $5 million from accredited investors is now live. An offering statement has been filed with the SEC and a Private Placement Memorandum (PPM) is now available to verified accredited investors. Prospective investors must first be verified through the company’s investor web portal: https://investors.dnotesglobal.com/
A new paper from researchers at Imperial College London suggests that digital currency could become a viable mainstream payment option within the next decade. The eToro-commissioned research concluded that cryptocurrency already serves as a store of value and could quickly achieve mass adoption if it can evolve to also serve as a unit of account and medium of exchange.
DNotes Global, Inc. announced on Friday that an experimental Proof of Concept for its DNotes Pay automated online payment tool is now available for download and testing. The new payment system is a streamlined, simplified, and user-friendly tool that provides automatic payment, confirmation, and delivery of digital products.
DNotes Global Inc. has made a major development breakthrough on the payment services front, announcing the integration of an automated invoicing system with DNotes 2.0. The system promises to revolutionize customer-to-merchant relationships all over the world by allowing them to transact directly with one another without going through a middleman.
When Facebook announced a blanket ban on crypto-related ads back in January 2018, the social media giant promised that the new policy would be revisited once the company improved its efforts to “detect deceptive and misleading advertising practices.” The company announced on Tuesday that it is now ready to once again allow ads for cryptocurrency-related content. Advertisers will need to obtain approval from the company, and certain ads – like those for initial coin offerings – will continue to be banned.
With the rounding out of 2018’s second fiscal quarter quickly approaching, the threat of recession designation is looming over the cryptocurrency industry and investor confidence has been shaken. By definition, recession is a period of economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
Bitcoin began the first fiscal quarter with a valuation above 13,000 USD and slumped to 6,700 USD at the end of the quarter. Therefore, in order to stave off being labelled a recession going into the third quarter, Bitcoin would have to rebound back over 6,700 USD (not adjusted for inflation). Bitcoin currently sits at 6,200 USD.
DNotes Global Inc today announced the launch of its new lite wallet, Electrum DNotes Wallet. According to information provided on the company’s website, the new lite wallet enables DNotes users to manage their wallet holdings and transactions more quickly and efficiently – and without downloading the DNotes blockchain.
SEC Director of the Division of Corporation Finance William Hinman used a speech on Thursday to offer a fairly detailed assessment of the agency’s standards for determining when a cryptocurrency or ICO can be defined as a security. In his remarks to attendees at the Yahoo All Markets Summit: Crypto Conference, Hinman said that the agency’s assessment depends on the way a coin or token is being sold and what investors expect to get from their purchase.
DNotes Global Inc. has announced that the upgraded DNotes 2.0 CRISP program has successfully delivered its first payments to DNotes stakeholders. The payments were delivered on June 10 to DNotesVault users who had stored coins in the secure DNotes vault from April 30 to June 3, 2018.
DNotes Global, Inc. has announced that its cryptocurrency under management, DNotes is now trading on the Mercatox digital currency exchange. DNotes, which received a major technological upgrade earlier this year, has been listed under the ticker symbol ‘NOTE’.
DNotes started in 2014 as a blockchain-supported cryptocurrency, and on the surface seemed to share much in common with other such coins. Of course, anyone who is familiar with the DNotes project understands that there is one major difference that separates DNotes from most other coins: it is backed by a partner company, DNotes Global Inc. That company is focused on developing the technology and generating the profits that will allow it to aggressively grow, further support the DNotes network, and return the confidence shown by its investors.
DNotes Global, Inc. has announced that its DNotes digital currency is now listed for trading on stocks.exchange. The recently upgraded version of DNotes will join major cryptocurrencies like Bitcoin, Ether, and Litecoin, as well as a host of altcoins that are actively traded on the exchange.
Cryptocurrency exchange CryptalDash, which describes itself as “the world’s first integrated cryptocurrency exchange,” announced on Wednesday that its platform will soon list the DNotes (NOTE) digital currency. The company has confirmed that its customers will be able to begin trading DNotes on the exchange on June 19, 2018.
While many crypto investors are keeping an anxious eye on the blockchain bubble, there is another area of concern that they should also be watching: the regulatory front. Even now, state and national governments around the world are stepping up their efforts to bring some sense of regulatory order to the cryptocurrency ecosystem. And while it’s true that digital currencies were originally developed as a way of getting around invasive financial controls, there should be little doubt that the industry must eventually make peace with the idea of sound regulation if it wants to ever achieve true mass acceptance and adoption.
DNotes Global CEO Alan Yong announced on Friday that the Cryptopia exchange had temporarily delayed its planned listing of the DNotes digital currency. Yong advised DNotes stakeholders of the delay in a post on the coin’s bitcointalk forum thread and suggested that the exchange review would be advantageous, demonstrating DNotes’ commitment to adhering to existing legal requirements.
DNotes Global, Inc. has released new directions for DNotes stakeholders, to ensure that they can properly participate in the coin swap for the new DNotes 2.0. The company is advising DNotes users to remove their coins from all exchanges by April 16th if they want to participate in the swap and exchange their old DNotes for the upgraded coins: