Financial Action Task Force (FATF) amends global-AML policies so did Money Trade Coin

Financial Action Task Force (FATF), is an inter-governmental body whose aim is to maintain the standards and promote effective implementation of laws and measures which is to be taken correctly.

In a meeting held in Paris, about 35 countries have urged to take action against threats related to money laundering, terrorist financing, etc. held to regulate cryptocurrencies and countermeasures to tackle the use of cryptocurrencies for illicit activities. Many countries including India have agreed to the petition, seeing to that India had also created an interdisciplinary committee proposing new regulations related to digital currencies. The laws have been revised to protect the India cryptocurrency holders from the fraudster and scams.

India has been working on the regulatory framework since the financial budget of 2018 has arrived, as India is one of the major countries in Southern Asia. Seeing the frenzy trend of cryptocurrency among the people, the government have decided to regulate the cryptomarket and planning to stricken the Anti-money laundering (AML) policies. AML policy is meant to terminate all the illicit activities and all the other misuses of cryptocurrency. The possibility of fraud through cryptocurrency is because of the anonymity which it provides the users.

Money Trade Coin group is a pioneer of cryptocurrency market. It has introduced a vast segment of businesses trading, buying and holding of currency in India and longer for more opportunity to satisfy all the customers, keeping in mind the regulations and rules set by the Indian government.

 Money Trade Coin has acquired a 100% stake in Summit Wealth Management AG - A leading Swiss financial advisory firm. The acquisition will follow a recent uptick in the cryptocurrency market across the world. Based in Zug Switzerland, Summit Wealth Management AG offers a comprehensive set of personalized financial services in an assortment of wealth management areas, such as estate, tax, insurance and retirement planning through its team of experts, industry familiarity and innovative processes.

Association Romande Des Intermediaries Financiers (ARIF), a non- profit organization working to intercept activities on money laundering and terrorist financing.  Summit Wealth Management AG is an affiliated member of ARIF, hence Money Trade Coin can avail prominence into professional activities and promise conformity with understanding underAML and ARIF’s decree of self-regulation rules.

Singapore signs cooperative pact with India for innovative crypto projects

Singapore, Asia’s leading FinTech hubs, has recently signed a new cooperative pact with the Indian government. Joining hands for this new innovative project will help in exploring the new boundaries in the world of blockchain and cryptocurrencies related technologies. The pact will jointly focus on the making of the application of financial technologies including blockchain, digital and mobile payments and big data.

The Government of Maharashtra signed a Memorandum of Understanding (MoU) at a ceremony at Magnetic Maharashtra: Convergence 2018 event in India. Mumbai is taking the initiative for supporting innovative companies in the Financial industries, seeding funds and access to a global network of investors and corporate partners from across the Fintech industry. The start-up policies will intent to lighten regulatory and administrative hurdles. This will enable the ecosystem and environment wherein blockchain and crypto currencies will get a direction through entering FinTech industries.

The agreement will foster engagement between FinTech start-ups in Singapore and India, helping Mumbai to develop in Fintech technologies. The project will be a benediction in the creation of future skills, technology, and jobs. The Fintech based programme running in India will also be considered. Earlier Singapore has joined hand with Andhra Pradesh, a southern Indian state and with this successful alliance with Maharashtra, It could be the next Fintech hub of the Asian continent. 

Blockchain Technology - The Power to Transform Traditional Financial System

With cryptocurrencies gaining an upper hand in the financial market system, the technology that rules these digital assets, Blockchain Technology is being appreciated and accepted by institutions all over the world.

The innovation and development within the industry have led to a massive growth in the adaptation of the Blockchain technology.

While Blockchain has been used in many sectors for safe and fast transactions, many are still unaware of these long series of codes represent the key components of value transfer. 

However, the industry is booming at a large pace and with digitization taking the front step, blockchain with its umpteen benefits has been adopted for betterment. The applications of blockchain technology are enormous and can be implemented in the financial sector to encourage transparency. 

The latest developments suggest that the very efficient Blockchain technology can prove to be a boon bridging the educational gap and thereby strengthen the adoption of cryptocurrencies globally.

As per experts prior to implementing the technology in all the spheres of life, it is essential to have a complete understanding of the same. Despite experts and analysts,  the common people dealing with this technology should be thoroughly explained about its working, pros, and cons. This comprehensive knowledge among the people will help to build trust and thereby increase its utility and power.

Cryptocurrency Regulation - RBI to set up self- regulatory body

As cryptocurrency is gaining whooping popularity globally, the concerns regarding the Digital assets reliability is also surging high. Therefore, a number of official financial institutions have been making efforts to bring about a regulation in this volatile market system.

According to recent developments, the Reserve Bank of India has suggested innovation labs,  data protection laws, and a dedicated organizational structure in order to introduce stronger regulations and a self-regulatory body to keep a check on the activities of FinTech companies.

For the same, the RBI has arranged an internal Working Group to examine the issues related to FinTech and Digital Banking system in India. This group consists of members from major institutions such and SEBI, IRDAI, PFRD among others.

The main aim is to bring about a stronghold in the unregulated market which makes up a significant amount of the economy, thereby, stabilizing the financial market system. With a unique approach, the RBI has invited comments and suggestions on the by recommendations by email or post before February 28, 2018.

It is noteworthy that very recently, the Founder of Money Trade Coin Group, Dr. Amit Lankhanpal addressed the Indian government to provide a helping hand in adopting the Blockchain technology, developing and regulating the Crypto-market in the country. In the document, Dr. Amit Lankhanpal has provided probable guidelines and solutions that the government can undertake in order to control and regulate the volatile market, thereby, increasing its efficiency. He also tries to explain how the use of cryptocurrency can benefit the country's growth and development and provide a push to Shri Narendra Modi's dream of Digital India and the cashless society.

Money Trade Coin all set to spread it's wings across 40 countries

It is our pleasure to bring this to your notice that a number of leading cryptocurrency portals have been covering the growth of Money Trade Coin. The group that marked it's presence in the crypto-space last year has been doing extremely well and giving a tough fight to leaders. 

Money Trade Coin has been the pioneer in providing multi-cryptocurrency exchange and wallet services all across the world, thereby making a stronghold in this volatile market system. 

In order to make a mark and fight powerfully to attain the desired position, the newly emerging cryptocurrency, Money Trade Coin is leaving no stone unturned. The Group has decided that it will establish its footprints and provide services in 40 countries all over the world probably in this new year. It will soon provide its services in Singapore, Malaysia, Cambodia, Thailand, Bulgaria, Denmark, Sweden, Poland among others.

You may read the comprehensive article below.

https://goo.gl/nSK4ej 

https://goo.gl/P3ZHhm 

https://goo.gl/H3EgpB

Courtesy -  Wu Wei Dao, Cryptobble, and Ambcrypto

Now Learning about Blockchain is facile with Online Courses

Today dealing with cryptocurrencies has become a trend. Gradually, the world is moving towards a unique phase of Digital Assets. Since the popularity of Virtual currencies is surging high globally at a fast pace, it is imperative to understand and have complete knowledge about the working of the cryptocurrencies.

With an aim to increase awareness and educate the masses, an Australian public research University RMIT is all set to launch the country's very first Blockchain Course. This course will be an online(digital) short course to briefly comprehended the Blockchain technology underpinned in the working of cryptocurrencies.

The course is designed to run as an 8-week program, named 'Developing Blockchain Strategy' and is set to kick-start on 19th March 2018. 
The curriculum is developed by the RMIT Blockchain Innovation Hub along with other industry experts and will be available to all wanting to fathom the application of this efficient system.

Following the lines of the initiative to inform masses about this new era of digitization, the Money Trade Group is planning to launch its very own online education portal. With this new venture, the Money Trade Coin Group intends to provide a platform for gaining all the knowledge about the Cryptocurrency World. It will educate people on the very efficient Blockchain technology, ICO, the developments in the crypto-space and so on. It will provide its services in all the officially recognized global languages and will be available to everyone around the world. All the lessons will be conducted by industry experts, market- analysts and specialists, therefore, providing insights from the global financial market system.

South Korea approves 'Normal' Cryptocurrency Transactions

A few months for cryptocurrencies all over the world have been a little difficult as there have been a number of speculations regarding the Digital assets reliability and credibility.

Just like other countries, South Korea was also earlier conjectural about the usage of virtual currencies in the country. According to recent improvements, the Financial Supervisory Service (FSS) of South Korea has declared that the government is ready to accept 'Normal' cryptocurrency transactions.

The officials further clarified that the entire world is planning to introduce a regulatory framework to gain a control on digital currencies; hence, instead of developing strict and strong controls, we should realize the importance and enable it for Normal transactions.

However, this new statement by FSS official, Mr. Choi, completely contradicts his earlier stand on designing strict regulations on cryptocurrencies. Earlier, he even remarked that Bitcoin will lose its bubble later. So, this new optimistic approach towards cryptocurrencies displays an opposite viewpoint.

This initiative is helping medium and small-sized exchanges as the Korean Blockchain Association has imposed a real-name system on exchanges and thereby ceased the usage of virtual accounts that permit anonymous digital currency trading. This will encourage security and safety of the transactions and safeguard the money of the cryptocurrency holders.

The government authorities are also encouraging Banks to work with Crypto exchanges and make transactions with these crypto exchanges, as they have sufficient and efficient systems that can freely open virtual currency real name accounts. This will to an extent solve the problem of small and medium-sized exchanges that are unable to obtain virtual accounts.

Cryptocurrency - The Hero encouraging Globalization

Cryptocurrencies have grown and expanded significantly over the years. In a span of merely five years, a number of Digital assets have emerged in the global financial market system.

The popularity of cryptocurrencies has increased marvelously and is affecting the world economy. Even though it is still not accepted as a legal medium of exchange and is still to reach the mainstream market, it is having significant effects worldwide.

Let us briefly analyze a few ways in which the virtual currencies have stimulated Globalization.

1) Global Transactions Sans Documentation

The biggest and the most eminent benefit of cryptocurrency lies with international (global) payment transfers. Using cryptocurrencies for international remittances (the Money sent back home by workers living abroad) provides a big advantage as the average fee using traditional banking services is as high as 9%, which is not the case with virtual currencies. As such migrants are utilizing cryptocurrencies so as to curb the transaction costs and also, it allows transfers without long and tedious paperwork. Crypto-assets also, remove the risk of credit card frauds.

2) Speedy Transfers

Cryptocurrencies are making international payments and transfers easy, secure, hassle-free and fast. Individuals and companies are finding the utilization of these digital currencies beneficial as the transactions are done almost immediately without any hefty documentation.

Unlike the traditional banking system, cryptocurrencies are specially developed to provide security guarantees and credit conveniences without any extra fees, taxes, and delays.

3) The power of Decentralization

Cryptocurrencies work on the very efficient Blockchain technology and are based on a peer-to-peer network. This implies that no central authority has any control over its transactions or no third-party intervention is entertained. The transactions take place on a public ledger and are available to all the cryptocurrency holders.

However, the bank transactions are controlled and regulated by the central authority of the country.  As such the decentralization provides an upper hand and allows people across the nations to make transactions fair, easy and fast, without losing the value of the product in currency conversion.

4) Accounting for a huge population.

The accounts maintained by different banks (local, national and international) are not stored in a manner that can be compared easily. It becomes a difficult task to dig out proper and accurate information from the scattered records.

However, since cryptocurrency transactions are registered on a public ledger from the day the transaction of a particular cryptocurrency has started, it becomes easier for comparisons and measurements. Also, it provides a high-end transparency, thereby reducing risks of illegal uses and fraudulent activities.

The World of Cryptocurrencies

Every time you hear the term cryptocurrency the first word that comes to your mind is Bitcoin. Naturally, being the pioneer of Digital currencies globally, Bitcoin has gained massive attention and popularity. However, the crypto-world is has a number of members which often are left out of one's acknowledgement. 

Apart from the Leading cryptocurrency - Bitcoin, the other virtual currencies in the global financial market are Altcoins i.e. alternate coins. These digital currencies are inspired from Bitcoin and are usually underpinned by the very efficient Blockchain technology. However, each of them has some unique and unusual features to offer the crytocurrency holders and each come with their own goods and bads.

Let us have a look quick look at the other crytocurrencies that are slowly and steadily emerging as a winner and giving a tough competition to Bitcoin.

1) Litecoin (LTC)

Litecoin was introduced in the crypto-space merely 2 years after Bitcoin in the year 2011. It was founded by Charlie Lee and  is often referred to as the 'silver to Bitcoin's gold.'

Litecoin functions on the scrypt algorithm and provides one of the fastest generation rates and transaction speeds. One factor that sets Litecoin apart is that it's overall supply market capitalisation limit is set at 84 millions. The process of mining Litecoins is simple, easy and can be solved sans any particular mining equipment.

3) Ethereum (ETH) 

Ethereum was initially released in the crypto-space in the year 2015. Ethereum was co-founded by a Russian-Candian Programmer, Vitalik Buterin in 2013. 

Ethereum is an open software platform based on the cutting-edge Block-chain Technology that allows developers to build and utilise decentralised applications.

Ethereum blockchain has exceptional abilities. It allows one to build smart contracts. It is a contract that self-executes and the contract handles the enforcement, the management, performance and payment.

Unlike the other cryptocurrencies, Ethereum permits developers to create whatever operations they want. Simply, it implies that developers can build thousands of different applications that follows way beyond anything we have witnessed previously.

3) Money Trade Coin 

 Money Trade Coin was introduced in the financial market system September 2017 by the Money Trade Coin Group  steered by Dr. Amit Lankhanpal. MT Coin is a virtual currency built on the efficient block-chain technology; offering safe, secure and transparent system to cryptocurrency holders for all their financial transactions.

Money Trade Coin is a unique cryptocurrency that enhances the cross-border money transfer procedure. It transfers encrypted money across borders with SWIFT( wire transfer) and also become Secured Alternate Local Currency . It is a partially pre-mined coin using JavaScript APIs, with the focus of making money transfer a hassle free decentralized process. With MT Coin you can easily transfer pre-mined cryptocurrency to any person.

What sets Money Trade Coin apart is that it offers Know Your Customer (KYC) and Anti Money Laundering services to safeguard all the transaction, thereby providing a high-end transparency. 

New players foster Crypto-economy

Cryptocurrencies have now become an alternate for most of the digital transactions. Though used on a large scale, there have always been concerns about its volatile and unstable market structure. The ups and downs in the market capitalization of leading Cryptocurrencies have led to a number of debates about cryptocurrency credibility and reliability.

In order to bring about a certain level of stability, security and steadiness in the global virtual market space, the greater Blockchain community has introduced new digital assets - Stablecoins.

Stablecoins are developed with an aim to be utilized as a nice unit of account and a proper store of value. They work on the very efficient block-chain technology and are aimed to make optimum application of this technology.

The recent news comes in that a team of experts have developed a USD-backed stablecoin. 'TrueCoin Project' is a team effort from Stanford, Palantir and Google.  Stablecoin stands out as it is cent percent collateralized, legally protected and transparently audited.

It is notable here that Money Trade Coin – an emerging cryptocurrency also started its journey with the robust and cutting-edge Blockchain Technology. Money Trade Coin sets itself apart from all the other cryptocurrencies in the market system as, it is the first ever cryptocurrency to be registered as an Algorithm (meaning an “Owned Cryptocurrency”). Also, since its nascent stage Money Trade Coin is providing Know Your Customer (KYC) and Anti-Money Laundering Facilities to secure and safeguard the transactions. Money Trade Coin works on a peer-to-peer network that is not controlled by external forces, thereby increasing Transparency. Money Trade Coin provides high-end security and freedom to financial enthusiasts; it is slowly and steadily forming a strong threshold in the global financial market system.

With the use of the Blockchain Technology, the crypto-market will soon expand and there are chances of it entering the mainstream financial market system soon.

Cryptocurrency- A new entrant in the Real Estate Market

Cryptocurrency is slowly emerging as the king of the financial market system, leaving no place and sector untouched. Considering the outreach in every sector, digital tokens are being used in our day-to day life fulfilling all our needs. Cryptocurrency uses a decentralized process and records all the transactions in a peer-to-peer ledger to maintain transparency in the business. This transparency allows every business provide a fair and just platform to consumers and traders.Additionally, it also maintains the ethics as well as the decorum in the business.

Slowly and steadily cryptocurrency is reaching every corner of the industry. Recently, it is making way and spreading its wings in the Real Estate Sector. Experts from the crypto-space have written extensively on the investments and purchasing of crypto assets, authoring a complete guide for real estate planning and for cryptocurrency investors. People are still cautious  about using cryptocurrency as it is an intangible asset and its market structure is highly volatile. One can secure his hard earned money by purchasing homes and lands you are solidifying your digital assets and keeping it safe from the unknown hacks. 

A cryptocurrency holder has the  fluency to liquidate the crypto-assets and invest in the real estate. ‘MTCX property’ is one of the platforms providing these services in 5 major Eastern countries and will soon provide its services globally.

Bitcoin exchanges to introduce KYC and AML guidelines, Money Trade Coin leads the path

The announcement of the Indian Financial Budget for the  FY18 and the Finance Ministers remarks on cryptocurrency has stirred up a new anxiety in the Indian Cryptocurrency markets.

Since Mr. Arun Jaitely did not clear the government's stand on cryptocurrency, whether it is accepted as a legal tender or completely discarded as an illegal tender. However, the speech by the FinMin has made the Bitcoin Exchanges cautious as they are now planning to introduce a Central Repository of Users to collect their database from the which will aid them to maintain and access the actual record of transactions.

As per the idea, the cryptocurrency holders will have to register their Aadhar ID or Permanent Account Number with the exchange service, which will provide them the details of the total number of cryptocurrencies held by the users, it's total value and the pattern of buying and selling a pattern of the user's.

This proposal by the Bitcoin exchanges will soon be produced by the Government.

However, it is notable that Money Trade Coin, one of the fastest emerging cryptocurrencies in the market is already a step forward from the Leading cryptocurrency -Bitcoin exchanges, as Money Trade Coin has initiated the Know Your Customer (KYC) and Anti- Money Laundering (AML) provision since its inception. As such, cryptocurrency holders associated with Money Trade Coin,  receive high-end security and safety of their transactions and the group is putting all its efforts to prevent the illegitimate and unlawful utilization of cryptocurrencies.

Australian High School set to Organise 'Information Night on Cryptocurrency'

Cryptocurrencies have stepped in every nook and corner of the world. From daily transactions to E-commerce portals, this Digital Currency has not left anyone/anything away from its light. Since its demand is surging remarkably high with each passing day and it is steadily penetrating into the mainstream global financial economy, it is imperative to have an understanding about the new phase in the financial market system.

With a view to informing and educating people in its region about this new era of digitization, an Australian High School is preparing to host an "Educational Presentation" on cryptocurrencies. St. Laurence's College intends to conduct a non-compulsory program for the schools' staff and students of an 11th and 12th standard.

The aim is to spread awareness and educate coming generation about the basics of cryptocurrency, it features, the technology used,  the current market structure revolving and ways to secure investments.

The idea to hold the presentation came into being after the school authorities were notified that some of its senior students were involved in Cryptocurrency transactions. 

The initiative to Educate and Inform them about this new space of financial system proves to be a boon to avoid future consequences.

Abu Dhabi eyes on Bitcoin Regulations

The widespread usage of cryptocurrencies has raised concerns about its security and safety. Since quite some time, discussions regarding control and regulation of cryptocurrencies have been doing rounds globally.

According to latest reports, the Financial Regulators in Abu Dhabi is planning to launch a Cryptocurrency framework to regulate the use of virtual currencies. The Financial Services Regulatory Authority (FSRA)  of Abu Dhabi is currently assessing the development of a regulatory framework with the pertinent official authorities.

The idea behind introducing the regulation is to keep a close check on the activities and utilities of the virtual currency by the Cryptocurrency holders and intermediaries.

Earlier, in October, the Abu Dhabi Government had introduced certain guidelines for cryptocurrencies and ICOS in UAE. However, at that time, the Financial Regulator of Abu Dhabi did not support the idea considering ICOs as a security and Cryptocurrency as a Commodity.

The FSRA in its plan to develop a proper financial framework to supervise cryptocurrency also, it is still gaining immense popularity and interest worldwide as a medium of exchange.

Crypto Insurance - Securing cryptocurrency exchanges

The past year has been a roller coaster ride for the global financial markets. Where cryptocurrencies saw immense popularity, it also faced the hazards of Hacking. 2017 has been considered as one of the worst years for Cyber Crime, especially Hacking. A number of phishing scams, frauds and miner-wares were reported in 2017, which led to enormous losses, both to the cryptocurrency holders as well as the global financial market system.
The dangers of Hacking have been prevailing even in 2018, and to much surprise, it is only growing.

Though the concept of Cyber Insurance was introduced in late 2017, it has now largely been used to protect and secure the volatile cryptocurrency exchanges.
The crypto-insurance idea is similar to that of the cyber-insurance concept, however, the cutting-edge Blockchain Technology plays an important role here.
Though every initiative has its own pros and cons, this little start will surely usher in another revolution in the crypto-world.

Arizona empowers Bitcoin Tax payments

Since quite some time, Bitcoin and Blockchain technology has been gaining enormous attention all over the world. There have been debates about its legalization, regulations, and controls. A number of governments have been altering their citizens on the usage of the leading cryptocurrency- Bitcoin. Some have even remarked it as a bubble which will soon burst. 

However, even though there have been opposing statements regarding the utilization of cryptocurrencies, the supporting system behind it, i.e. the Blockchain technology has always been praised and appreciated by leading personalities.

The recent news is that Arizona, a southern west U.S state, has started a new revolution by accepting Tax payments in Bitcoin. Arizona has always been supportive of the Blockchain technology and is known as a Blockchain friendly state. Lawmakers in this US state have proposed permitting citizens (residents) to pay their taxes in Bitcoin. This will allow residents to make tax payments anytime and from anywhere. 

Founder of Money Trade Coin speaks on application of cryptocurrencies and development of Blockchain Technology in India

The Indian Finance Minister, Mr. Arun Jaitely,  on February 1 announced the big budget on cryptocurrency status in India. On this occasion, he also threw light upon the much-discussed topic of cryptocurrencies. There were a number of point of views by leading economists and analysts post the FM's speech. 

A leadingCryptocurrency news portal, NewsCCM, interviewed Dr. Amit Lankhanpal to understand his take on the recent cryptocurrency scenario in India.

During the interview, Dr. Amit Lankanpal shed light on various aspects of the current situations of the Digital Currency in a developing country like India. He spoke about the impact of cryptocurrency on the financial market system, the on-going debate about the legalization and regulations of cryptocurrencies in India, the relationship of the Blockchain technology with the Banking industry and so on. More importantly, he also commented on the FM's idea of incorporating the Blockchain technology into the mainstream financial system.

Dr. Amit Lankhanpal also shared insights about Money Trade Coin.

To read the complete interview visit on given link:

https://newsccm.com/2018/02/02/budget-2018-amit-lakhanpals-stance-crypto-industry-limitless-application-blockchain-technology/

Cryptocurrency fortune in 2018

The year has gone by, 2017, proved to be an immensely gratifying year for Cryptocurrencies. Cryptocurrencies gained much popularity and acceptance across the world in the past year. The values of leading cryptocurrencies such as Bitcoin, Ethereum, Ripple among others surged to almost 2000% in the latter half of 2017.

This delighting journey of Cryptocurrencies is continuing in 2018 and it seems that this year, it is set to be another revolution in the phase of cryptocurrencies. The 4 major changes that may take place in the crypto-space making its existence all the more powerful are:

1) Growth of Crypto-market 

Leading institutions such as CBOE, CSE, and Goldman Sachs have declared to begin offering Bitcoin futures, thereby, trying to bring the Crypto-market close to the global traditional financial market system. This will soon be followed by other institutions, thereby increasing the utility of cryptocurrency transactions.

Additionally, this year will the mark the launch of a number of crypto funds, which will also enhance the utilization and popularity of cryptocurrencies.

2) ICOs will undergo a professional touch

Initial Coin Offerings will witness a new makeover this year as numerous investors will step into the market. As the investors make way for new means of funding, their demand for further business validation and transparency will increase, which will allow the ICO process to come closer to the traditional venture crowdfunding. As such, new ICO platforms will also make their way in the competitive volatile market system.

3) ICO Regulations may lead to a short-term slowdown

Due to the increasing popularity and usage of cryptocurrencies all over the world, the need for control and regulation has become essential. So as to bring a certain amount of stability in the market and also to do away with illegitimate usage, regulators around the world will take a firm decision on Cryptocurrencies. A number of countries will come up with different regulations and controls to maintain a balance in the financial market system. This will lead a short-term clampdown in the ICO process.

In a short run, the regulations may lead to a fall in value and trading volumes. However, it will benefit in the long run as the legislation of cryptocurrencies will bring it closer to the mainstream financial system.

4) Introduction of new platforms and approaches. 

As people become more aware of cryptocurrencies and understand their importance, it will unequivocally lead to an increased demand. Naturally, an increase in demand has to be supported by an equal supply. As all the Cryptocurrencies have a particular limit, to satisfy the increasing demands, alternate Cryptocurrencies come into being in the market. 

2018 is expected to witness the launch of a number of new Cryptocurrencies and platforms with enhanced services.

The Cryptocurrency global market is expected to experience remarkable success in 2018 as the popularity is increasing with each passing day and it is slowly and steadily being recognized as a powerful means of exchange.

MTCX India

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The Finical budget for FY18 was introduced by the Finance Minister Mr. Arun Jaitely in the Parliament on 1st February. The FM took this opportunity to throw light on the much-talked topic – Cryptocurrency in his speech.

A number of economists and analysts have been coming up with various interpretations regarding the future of Cryptocurrencies in India. However, what the FM actually conveyed was that he will put all efforts to discourage the usage of the Digital asset in unlawful and illegal activities such as Money laundering, Terrorism Funding, Black Money Generation, Hacking and many more. Mr. Jaitely also mentioned that the government will explore the use of Blockchain technology.

So while the Indian government’s crackdown on cryptocurrencies was aimed at the prevention of illegitimate activities, the Money Trade Coin Group completely agrees with the government’s stance on regulating on the cryptocurrency market and prevent such fraudulent activities. Even before such announcement from the Indian government, the Money Trade Coin group already had the systems in place that help them to comply with the standards and verify the identity of the cryptocurrency through the KYC and AML procedures.

Money Trade Coin Group wholeheartedly welcomes the measures taken by the government in curbing the loopholes of the cryptocurrency system.

#MoneyTradeCoin #Newage #Cryptocurrency #MTCOIN

Money Trade Coin - An emerging Crypto-Leader

Money Trade Coin is pulling its socks to provide the best of services to its valuable  cryptocurrency holders. 

The steadily growing cryptocurrency aims to serve cryptocurrency holders globally. As such the Money Trade Coin Group has planned to spread its wings across 40 leading international countries in the coming few months.
Money Trade Coin has already made a strong hold in the financial market, as it is the only cryptocurrency to be registered as an algorithm. Also, since it provides KYC and AML facilities, it makes it all the more easy,smooth,secure and safe for digital currency transactions.

http://www.moneytradecoin.com/

#MoneyTradeCoin #Newage #Cryptocurrency #MTCOIN

Check the video below:

https://youtu.be/keT15cD_5YI