US Treasury and the Trump administration could destroy financial sovereignty and the true nature of blockchain by going after self-hosted cryptocurrency wallets.
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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.
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.
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.
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.
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.
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.
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.
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.
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.
According to reports from China, An official at China's central bank official has urged commercial banks to "step up their application" of blockchain.
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.