Private Equity Moris Beracha Wuani

By William Suberg   One of the United Kingdom’s most senior lawyers said in a speech on May 2 that cryptocurrency and smart contract use will inevitably begin, but regulations are needed. Addressing the University of Liverpool School of Law and the Northern Chancery Bar Association, Sir Geoffery Vos, Chancellor of the High Court, dedicated time to exploring necessary changes in order for smart contracts and crypto assets to become widespread. “My starting point is to ask why smart contracts have taken so long to become ubiquitous,” he began. Vos continued: “We have been discussing how and when they may take over the world of mainstream financial services for several years. Yet, they seem never to make that breakthrough into reality.” Vos has revealed himself to be an advocate of technological reform in the legal sector, noting in a 2018 speech that the U.K. legal system was primed to cope with innovation. This week’s pitch repeated that idea,...

Blockchain technology has the potential to upend the credit card, banking, manufacturing, and voting industries. By  Marcia Wendorf Over the last several years, you may have heard the term, "blockchain," and you may know that it's a part of the cryptocurrency Bitcoin . You may also know that blockchain is some kind of a database, and that a lot of very smart financial people and tech types are looking into it. What is blockchain? The first mention of the term "blockchain" appeared in 2008 when someone writing under the pen name Satoshi Nakamoto, published a paper entitled, "Bitcoin: A Peer-to-Peer Electronic Cash System." This document described the basis for a cryptocurrency called Bitcoin, and it defined how a new type of database called a blockchain would store Bitcoin's transactions. In this database, a set number of transactions are placed i...

Bruce Flatt put Wall Street’s biggest private equity players on notice that the Canadian juggernaut was coming for them three years ago. The head of Brookfield Asset Management Inc. told Bloomberg Television then that his firm -- pushing into private equity -- should be mentioned in the same breath as Blackstone Group LP , Carlyle Group LP and KKR & Co. It was an unusually brash statement from the understated Winnipeg native. He’s more than backed it up. On Wednesday, Brookfield Asset Management agreed to buy a majority stake in Oaktree Capital, a move that will create a $475 billion alternative-investing behemoth. That’s more assets under management than any of the other blue-chip buyout firms reported at year-end. The transaction caps a flurry of deal-making across Flatt’s investing empire of four publicly traded companies focused on real estate, infrastructure, renewable energy and private equity. “I don’t think Brookfield has grown quickly,...

By Moris Beracha .-  For several months, different companies in China have been recruiting Blockchain experts, due to the significant restoration of the lost confidence of users and financial institutions in these technological processes. It should be noted that Blockchain is a distributed ledger technology that securely and immediately processes economic transactions, making intermediaries unnecessary. According to some human and labor resources organizations, the annual wage for this type of professional profiles is 223,000 euros. The Blockchain, together with the developers of Clouds and Artificial Intelligence, are the sectors of Information and Communication Technologies (ICT) with a greater future and a growth outlook for the next 10 years. In this regard, it should be noted that Hong Kong seeks to attract skilled professionals, and thanks to the country’s particular immigration policy, talented workers with experience in Blockchain techn...

By Rachel Wolfson  The cryptocurrency market and initial coin offerings (ICOs) have carved out a grey area for regulatory efforts in the United States. For example, utility tokens (user owned tokens that are not created as investment vehicles and hold a claim that they are exempt from federal laws that govern securities) are the primary tokens circulating most ICOs. Owners of utility tokens can’t use the coins outside of the platform without exchanging them; they can send tokens person to person within the network. ICOs must evolve to become self-regulatory, in order to advance the crypto market and become attractive to institutional investors. It’s not uncommon to find that the majority of companies selling utility tokens don’t have token economics. Therefore, most listed utility tokens are not real utility tokens, but rather, these companies are actually selling security tokens. Due to this problem, many institutional investors have been bearish...

By  Nikhilesh De The Republic of India may be taking a deeper look at how it can use blockchain technology. India's Union Cabinet – an executive decision-making body composed of senior government officials and led by Prime Minister Narendra Modi – said it would allow the nation's Export-Import Bank (Exim Bank) to conduct research on distributed ledger and blockchain technology in partnership with banks in the BRICS economic bloc, of which India is a member, alongside Brazil, Russia, China and South Africa. The approval is ex-post facto, meaning that Exim Bank has already signed a Memorandum of Understanding under the BRICS Interbank Cooperation Mechanism, the Business Standard reported. As such, the research has already begun, and is being conducted with the Banco Nacional de Desenvolvimento Economico e Social from Brazil, the China Development Bank, Vnesheconombank from Russia and the Development Bank of South Africa, according to a statem...

By Helen Partz A former Deutsche Bank trader has joined Japanese crypto exchange-startup FXcoin Ltd., Bloomberg reports September 3. According to the announcement, Yasuo Matsuda, an institutional trader from Deutsche Bank, will join FXcoin as a senior crypto strategist starting in September 2018. The strategist position includes providing analysis of crypto markets and daily reports on the market’s activity. The newly appointed 49-year old Matsuda worked as foreign-exchange dealer at the German bank from 2012 until this June. FXcoin Ltd., founded in September 2017, is currently seeking regulatory approval from Japan’s financial regulator the Financial Services Agency (FSA) in order to operate “virtual currency-related business.” The startup has reportedly applied with the regulator to exchange cryptocurrencies such as Bitcoin (BTC) under a licensing system that was adopted last year. FXcoin’s founder and CEO Tomoo Onishi is a veteran employee at Deutsche ...

By Moris Beracha Bitcoin has lost over 50% of its value in less than six months. Shortly before Christmas, each token was trading at over $ 19,000. Today it is worth a little over $ 8,400. Bitcoin investors predict a meteoric rise that will recommence any day now. However, Bitcoin has refused to cooperate, by staying stubbornly stuck below 10,000 for the last two months. According to Forbes, the "labor theory of value" essentially says that the price of a good or service is determined by the work required to produce it. But, other schools of economics say that the value of a good or service is whatever someone will pay for it. Moreover, if the producer values ​​the effort more highly than what the market will pay, they will stop producing it. So if prices fall, therefore, marginal producers tend to drop out. But as time goes by, more and more producers drop out until prices rise enough for the market to clear. Something similar h...

Por Julio Gil-Pulgar According to some financial experts, Bitcoin transaction fees are lower. In addition, Bitcoin bypasses the unnecessary and expensive financial institutions within which credit cards depend. Therefore, experts believe that Bitcoin’s advantages will encourage merchants to replace credit cards with Bitcoin. Satoshi Nakamoto: Bitcoin Payments Are Similar to Cash Transactions High credit card fees continue to be borne by merchants and ultimately by consumers. Indeed, merchants pay billions of dollars to have issuers process card transactions. The idea of replacing credit cards with Bitcoin is gaining steam among financial experts. For example, Panos Mourdoukoutas, professor and Chair of the Department of Economics at Long Island University Post in New York, forecasts that increasing competition in the retail sector and Bitcoin’s offer of lower transaction fees could induce merchants to replace credit cards with the cryptocurrency. Indeed, mo...

 By Joseph Young The Chinese government has banned all commercial crypto and blockchain-related events in the region, after encouraging local financial authorities to speed up the development of blockchain technology. Red Li, the co-founder of 8BTC and Chinese cryptocurrency researcher, shared a document released by the Chaoyang District government in Beijing, which ordered local financial authorities and police to ban offices and hotels from hosting crypto-related events. Why the Ban? Previously, crypto-related events were shut down by local police, during a period in which the government was in process of implementing new regulatory frameworks surrounding cryptocurrency trading. At the time, the government clarified its stance on crypto trading and reaffirmed that while the country supports the development of blockchain technology, it is firmly against trading digital assets on cryptocurrency exchanges. Analysts suggested that the ban was imposed as a part of a larger initi...

By   Hans Hauge Bitcoin under fire In a recent article from The Washington Post, Bitcoin (BTC-USD)(COIN)(OTCQX:GBTC) was called a Total Disaster. The Author of this piece, Matt O'Brien cites the high price volatility, price manipulation, and the insanity of Libertarians who seem to believe that it's possible to live in a society without trust. I'll save my criticism for now. In fact, let's run with this idea. To tell you the truth, there are a lot of things going on right now in the cryptocurrency space that are real issues, big issues. If you're an investor, then you should care about managing risk. After all, it was Warren Buffett who said:     “Rule No. 1: Never lose money. Rule No. 2: Don’t forget rule No. 1”. - Fool.uk quoting Warren Buffett The problems with Bitcoin today Bitcoin is not an investment for the risk averse. In fact, for many people; investing at this stage might not make sense at all. Here's why:     Because ...