Bitcoin Cash (BCH)
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PayPal Announces Launch of New Service Enabling Users to Buy, Hold and Sell Cryptocurrency
Paypal recently released an update to their press release that all eligible PayPal accountholders in the U.S. can now buy, hold and sell cryptocurrency directly with PayPal. Download the PayPal app or log in to your account to learn more. More
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Coinbase Commerce Enables Option for Merchants to Instantly Convert Crypto to Fiat or USDC
Coinbase “Commerce” will now let merchants that use its service instantly convert cryptocurrencies to fiat currencies and the USDC stablecoin, by simply linking your coinbase account, and converting in a few simply clicks. More
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China Central Bank Testing the Digital Yuan and Chinese Capital CEO Mocks America
Images have begun to circulate around twitter from users indicating that the Chinese Central bank is testing its anticipated digital yuan. More
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Cryptocurrency Legal in South Korea
The South Korean National Assembly unanimously voted in favor of a bill on Thursday that provides the regulatory framework for cryptocurrencies, exchanges and crypto-related platforms. The approval of the amended Special Financial Transactions Information Act signifies the legalization of cryptocurrency trading and holding in the country. It marks one of the world’s most comprehensive legal frameworks for the emerging industry. More
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Dubai’s Tax-free Crypto Valley IS Coming
A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone, where there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups, coworking facilities, blockchain training, education, events, mentoring and funding. More
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Square Wins Patent For RealTime Crypto-to-Fiat Payments System
Square, the payments provider operated by Twitter CEO Jack Dorsey, won a patent to debut new tech, allowing users with different assets to transfer payments, including crypto-to-fiat transactions. More
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Coinbase’s Mobile DApp Browser May Be Removed From Apple’s App Store
After Google removed Ethereum-based decentralized application (DApp) browser MetaMask from its Android application store, Apple may now force Coinbase to remove the DApp browser feature from its crypto wallet application. More
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The Crypto-Currency Act of 2020 Could Bring United States Crypto Clarity
A U.S. Congressman (Paul Gosar: Republican-Arizona) has reportedly introduced a draft bill to bring regulatory clarity in the cryptocurrency space, dividing cryptocurrencies into three parts: crypto-commodities, crypto-currencies, and crypto-securities. More
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German Banks Authorized to Store Cryptocurrencies in 2020 for Clients
Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians. More
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Reports Indicate Specualtion of Chinese Soliders Receiving Cryptocurrency Rewards
The newspaper of China’s armed forces proposed ways of using blockchain weeks after it was championed by President Xi Jinping, who is chairman of the Central Military Commission. More
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China’s President Xi Promotes Adoption and Acceleration of Blockchain Technology
According to reports from China, An official at China’s central bank official has urged commercial banks to “step up their application” of blockchain. More
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Hong Kong firm Offering Employees Crypto Pension Plans
Hong Kong-based firm Legacy Trust is now offering a pension plan where contributions can be made with both cryptocurrencies and fiat currencies, aimed at businesses in the crypto industry. More
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