“This Week in Crypto” Summary for September 6, 2019

Kevin talking about licensing, our new website, TRAM, the price of XCM, and many other things.

Crypto Market News Highlights:
1.) US Congress Urged to Regulate Crypto Sector Under Bank Secrecy Act
2.) Binance Acquires Singapore-Based Crypto Spot and Derivatives Exchange
4.)  Ripple Continues Mass-dumping as Fresh 500 million XRP Leaves Escrow Wallet
8.) Digibyte (DGB) Trading to Kick-start on Bitrue Exchange by 12 September
10.) IOTA Partners with Jaguar Land Rover for Tracing the car energy with Distributed Ledger Technology

Live YouTube Questions

• When funding?
• When burn the correct XCM total amount?
• Any news on TRAM?
  Internally, the date is the 15th of September. We have brought on an external QA team, on top of our internal QA team. The date this is supposed to end is the 15th. Internally!
• When fix the utility for XCM?
  Happening around the same time as the TRAM release.
• When new website?
• Any update on Montenegro and the CSD?
  We got an official letter yesterday, from the president of the CMA. Professional reference to Kevin and the other co-founder of the CSD and CoinMetro, saying they are more than happy and eager to receive our application into the sandbox.
• When can I buy a CoinMetro T-shirt?
• Why is CoinMarketCap’s circulating supply for XCM only 8 million?
• Any comments on the price right now?
  We’re talking about a token that is available on one platform, that has yet to do (substantial) marketing, and has seen sell pressure on one day of over 1% of the circulating supply, and was able to maintain a value of less than 20% of that day’s high. That’s quite extraordinary.
• Any updates on the debit cards?
• Market makers still due to come online on the 15th?
• If CoinMetro runs into any critical money issues, would you consider selling large chunks of XCM from the liquidity pool outside the book?
• Any sneak peak of the next proposed IEO?
• When tokenized debt on CoinMetro?
  One of the products we’re looking to offer in the sandbox. We wouldn’t want to tokenize individual debt, that’s a slippery slope.
• Does the LOI with the Brazilians include the full funding or just part of it? Will you get all funds in one swoop?
• Until when do the current funds last?
• What kind of timeframe before the CSD will be a working product?
• How big is the potential market for the CSD?
  Well, you have to total up every single regulated market in the world. So, huge. Bond market in the US is a 100 trillion. Generally, we’re talking about 100s of trillions in terms of possibilities.
• Any update on US residents that participated in the ICO being able to be in the airdrop family?