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Trump Administration May Issue Extremely Burdensome Crypto Wallet Rules
US Treasury and the Trump administration could destroy financial sovereignty and the true nature of blockchain by going after self-hosted cryptocurrency wallets. More
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Coinbase Now Offers INSTANT Withdrawals to Debit Cards for Easier Fiat Spending
Crypto exchange Coinbase has announced that it is now offering “instant withdrawals” to Debit cards, enabling cryptocurrency users to easily covert their crypto balances into fiat and spend their funds using their respective VISA cards. More
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Philippines Now Has 16 Cryptocurrency Exchanges Approved by Central Bank
The number of regulated cryptocurrency exchanges in the Philippines has grown to 16, according to Bangko Sentral ng Pilipinas, the country’s central bank. One of the regulated exchanges has been helping the government and Unionbank to launch an app for bond purchases. More
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Visa Files Patent for Digital Dollar / “Digital Fiat Currency” Signaling Digital money Push
Just as China launches the digital Yuan, which will have huge economic effects, Visa International has filed for a cryptocurrency system patent that is meant to replace physical fiat currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. More
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New Forbes 50 Blockchain/Cryptocurrency List Reveals Major Corporate Involvement
Forbes recently published the second edition of its Blockchain 50. The list aims to capture the billion dollar companies most active in blockchain. To be included in the Blockchain 50, a company must have a valuation above $1 billion. More
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US Congressman Introduces “Discussion Draft” of Cryptocurrency Act of 2020
According to reports, On March 9, Representative Paul Gosar (R-AZ) introduced the “Crypto-Currency Act of 2020,” a bill that looks to choreograph a wide range of digital assets to answer to the appropriate regulator. 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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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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Swiss Crypto Bank Seeks Expansion to U.K., Italy, Germany, France, Austria, Portugal, Netherlands, Singapore, & Hong Kong
Swiss Crypto Bank SEBA will be further expanding into an additional nine other markets. The firm already operates with a securities dealer license from the Swiss Financial Market Supervisory Authority. More
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Philippines’ Department of Science and Technology to Create Blockchain Smart Cities
Singapore-based blockchain firm BCB Blockchain has signed a memorandum of agreement (MoA) with a branch of the Philippines’ Department of Science and Technology (DOST) to support the development of local smart cities. 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