TITUSVILLE, Fla.--(BUSINESS WIRE)--SyndicatedNews.NET, a Titusville, Florida news and information Internet site founded and directed by Ruthie Barrows, has announced the company's Cryptocurrency partnership with Bankcoinreserve.com, a regulatory, reserve and advisory company working in the cryptocurrency industry based out of Queensland, Australia. Bankcoinreserve.com is led by Chairman, Gary McAlister. The agreement is effective immediately.
The Bankcoin business will be registered with U.S. Treasury's Financial Crimes Enforcement Network and licensed by Florida's Office of Financial Regulation.
In addition, the two entities have engaged the international, multi-practice law firm of GT GreenbergTraurig to represent them in connection with regulatory and transactional matters. GT GreenbergTraurig has approximately 1,900 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East.
“I couldn’t be more pleased with our new relationships with both Bankcoinreserve.com and the law firm of GT GreenbergTraurig,” Ms. Barrows commented. “These engagements put our Bankcoin in an ideal position to play an important role in the ever expanding cryptocurrency industry."
Ms. Barrows, an expert in Web domain acquisition, is the former Founder, President and Director of Sales and Personal Domains for DomainAvenue.com, a strategic arm of the Wyith group of companies in Hong Kong, China. She also brings technology experience acquired while working at McKinsey Management & Co. as a document specialist. She spent any of her free time studying McKinsey's vast library.
Gary McAlister added, "Bankcoin cryptocurrency is distinguishable from other digital assets. Bankcoin auto-generates up to 10-percent interest per year. Bitcoin is a volatile medium of exchange whereas Bankcoin is a fixed store of value."
”GT GreenbergTraurig has extensive experience in representing clients in matters involving the U.S. Commodity Futures Trading Commission,” said Douglas Arend, the GT GreenbergTraurig attorney leading the team. “In light of the Commission’s determination that virtual currencies are commodities as defined in the Commodity Exchange Act, we look forward to working with SyndicatedNews.NET and Bankcoinreserve.com as they move forward in this emerging area.”
In addition, SyndicatedNews.NET announced that the company has retained and appointed several individuals to key roles within its organization. John McEuen, internationally known as a core member of the Nitty Gritty Dirt Band, a respected and innovative music ensemble, continues as CEO and Music Director.
Prize winning Ian Williams will lead SyndicatedNews.NET as Editor-in-Chief. He is a broadcaster, journalist and author. Lee Zimmerman, former Director of Communications for the CBS Television Station Group, has been named Executive Director of Communications for SyndicatedNews.NET.
Eduardo Quezada, formerly of Univision and Telemundo, will handle North America Spanish language projects. Roberto Argüello, formerly of Univision and Telemundo, will guide operations in Central and South America. The company plans to open an office in Havana Cuba.
Dr. Kevin Maguire, D.O. continues in his role as Health Director. Stewart and Dena Stewart will continue to operate the Miami Bureau and oversee its office move to Lincoln Road, Miami Beach. TingTing Li continues as the Director of China Projects. Richard M. Garwood will serve as Global Operations Director and Brian E. Bard, Sr. serves as consultant.
All other personnel currently associated with SyndicatedNews.NET will remain. New staff to be announced within the next 3 months.