Wednesday, 23 January 2019 DAILY NEWS

By Talenta on ALTCOIN MAGAZINE

1. Nasdaq CEO: Crypto Could Still Become ‘a Global Currency of the Future’

Adena Friedman, president and CEO of Nasdaq Inc., says that cryptocurrency “deserves an opportunity to find a sustainable future in our economy,” in a post on LinkedIn, published Jan. 20.

Writing ahead of her appearance at the World Economic Forum at Davos this week — the opening day of which is today, Jan. 22 — Friedman stated that Nasdaq believes crypto will have a role in the future, characterizing “the invention itself [as] a tremendous demonstration of genius and creativity.”

[Source: Cointelegraph] ✩✩✩✩

2. Romania Imposes 10% Tax on Cryptocurrency Earnings

Romania has amended its tax laws, allowing it to start taxing gains from bitcoin investments at a rate of 10 percent. The improved fiscal code legislation categorizes earnings generated from buying and selling cryptocurrencies as “income from other sources” and therefore subject to income tax, local media reports.

[Source: News.Bitcoin] ✩✩✩✩

3. “Crypto market is undervalued, Bitcoin has been Oversold” — Binance CEO CZ

Changpeng Zhao, CEO of the world’s largest cryptocurrency exchange Binance believes that ‘crypto market is undervalued’. Speaking at the Binance Blockchain Week event in Singapore, which is held for Jan 19–22, 2019, CZ notes that ‘Bitcoin has been oversold’.

Bitcoin’s declining price is not something that Mr. Zhao fears about, in fact, Zhao believes there is a lot more development in crypto space: “I’m very, very confident that this space will get so much bigger, we just got to be prepared for when that happens.

[Source: Coingape] ✩✩✩✩

4. Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary

Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japan reported Jan. 21. The company says it will rebrand its loyalty subsidiary, Spotlight Inc., to a new entity, Rakuten Payment, which will also run its cryptocurrency exchange.

Rakuten Payment, along with other details of the restructure, should go live by April 1, the company stated in an accompanying press release Jan. 18. Once launched, it will form an umbrella for two operations: cryptocurrency exchange Everybody’s Bitcoin, which Rakuten also acquired last August, and prepaid card service Rakuten Edy.

[Source: Cointelegraph] ✩✩✩✩

5. LONDON STOCK EXCHANGE CONFIRMS TECH SALE TO HONG KONG CRYPTOCURRENCY EXCHANGE

The London Stock Exchange (LSE) is entering the cryptocurrency market, albeit cautiously, after it sold its trading technology to Hong Kong exchange AAX.

[Source: Bitcoinist] ✩✩✩✩

6. Crypto Exchange Huobi to ‘Likely Launch Its Own Stablecoin in 2019,’ Says CFO

Top 5 cryptocurrency exchange Huobi has plans to launch its own stablecoin this year as part of its 2019 road map, according to a press release shared with Cointelegraph Jan. 22.

During a presentation in Singapore yesterday, Huobi’s CFO said the company will also update its trading platform and continue its international expansion. CFO Chris Lee reportedly told the audience after his speech at the members-only event that: “This year will be huge for stablecoins… [and] likely Huobi Group will launch its own stablecoin in 2019 in the first half of the year.”

[Source: Cointelegraph] ✩✩✩✩

7. NYSE Operator’s Long-Awaited Crypto Platform Bakkt Announces New Key Vacancies

Bakkt, the cryptocurrency platform created by the operator of the New York Stock Exchange (NYSE), announced that they are hiring for a number of high-up positions in a tweet Jan. 22.

The Intercontinental Exchange’s (ICE) much-awaited crypto platform published a list of eight evidently new vacancies at the company, all of which are based in Atlanta and New York City. Some of the positions also have Hong Kong, Tokyo, San Francisco, London, Tel Aviv and Singapore listed as available locations. The page specifies that the company is mostly trying to hire a number of developers, mostly at director and senior levels.

[Source: Cointelegraph] ✩✩✩

8. Hong Kong Hardware Manufacturer Releases Mining GPU for New Privacy-Oriented Coin

Hong Kong-based computer hardware manufacturer Sapphire has announced a new graphics card for mining the recently-launched GRIN Coin, according to an official press release published on Jan. 22. The SAPPHIRE RX 570 16GB HDMI Blockchain Graphics Card is one of the first of a “new family” that will support mining of the new GRIN Coin.

GRIN, which was released earlier this month, is a privacy-oriented token that is touted as a fully decentralized and democratized digital asset. The token is based on mimblewimble technology, which in theory grants users in the network with solid anonymity, by encrypting the value of a transaction using “blinding factors.”

[Source: Cointelegraph] ✩✩✩

9. India: Banking Research Institute Issues Blueprint on Blockchain Implementation

India’s Institute for Development and Research in Banking Technology (IDRBT) has published a blueprint on blockchain implementation in the banking sector, Indian daily newspaper the Financial Express reported on Tuesday, Jan. 22.

IDRBT was established by the Reserve Bank of India (RBI) in 1996 in order to conduct research and experiments in the banking sector. The organization is reportedly working with the Indian government, banks and industry players to build an interoperable blockchain platform. The blueprint purportedly presents a roadmap on the technology’s adoption in several areas and offers to establish protocols that would allow financial institutions to interact via decentralized platforms.

[Source: Cointelegraph] ✩✩✩✩

10. INDONESIA’S FIRST UNICORN GO-JEK BUYS BITCOIN STARTUP

Indonesian multi-platform behemoth, Go-Jek, recently acquired Philippine-based Cryptocurrency payment company, Coins.ph. Reports indicate the move allows Go-Jek to expand its cashless service delivery across its plethora of service delivery platforms.

[Source: Bitcoinist] ✩✩✩

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