Hey everyone,
In my Weekly Crypto Overview, I will assemble the important news of the last week and make a summary of it. This way you will have one place to go for all the significant events that happened the week before in crypto. I hope you enjoy it and that it saves you a lot of time searching for all the news. I know not everyone has the privilege to be full-time in crypto, so I hope this is a solution for many of you.
- Coinbase Crypto Visa Debit Card For UK
- New York Rejects Bittrex BitLicense Application
- Bitstamp Obtains BitLicense
- Opera Launches New Browser With Cryptocurrency Wallet
Coinbase Launches Crypto Visa Debit Card For UK
Last week Coinbase announced the launch of the Coinbase Card, a Visa debit card that lets customers in the UK spend crypto as effortlessly as the money in their bank. Coinbase Card is currently only available in the UK, but they plan to support other European countries in the coming months.
You can read Coinbase’s full announcement here. If you want more information about the Coinbase Card you can find on their website here.
New York Rejects Bittrex BitLicense Application
Bad news for Bittrex Exchange last week. They released a statement on the New York Department of Financial Services (NYDFS) their decision to not grant Bittrex a BitLicense.
Bittrex is saddened and disappointed in today’s decision by the New York Department of Financial Services (NYDFS), which we believe harms rather than protects New York customers. Bittrex fully disputes the findings of the NYDFS in today’s decision. We have worked diligently with NYDFS to address their questions and meet their requirements since first applying for our BitLicense in August of 2015.
You can read all the details in Bittrex their statement here.
Bitstamp Obtains BitLicense
Good news for Bitstamp last week. The New York State Department has granted them a BitLicense. This allows Bitstamp to continue providing crypto trading services in the US and paves the way for us to expand our presence in the States.
Bitstamp has always embraced regulatory efforts which focus on transparency and accountability that can help expand the industry. Obtaining a BitLicense is a key element in ramping up our presence in the United States, especially when it comes to working with institutional investors.
You can read Bitstamp’s announcement here.
Opera Launches New Browser With Cryptocurrency Wallet
Opera has officially launched the desktop version of its new browser with a built-in cryptocurrency wallet.
You can find more information about the browser and its crypto wallet here.
That’s it for now. All the best to everyone!
Khilone
The material contained in this article is not to be regarded as an recommendation to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information on this document does not constitute legal, tax, or investment advice. You must not, therefore, rely on the content of this document when making any investment decisions.
