- Argentina’s State Public Transport Card SUBE Accepts Bitcoin
Alto Viaje, a platform for adding money to SUBE cards, has partnered with Bitex, which provides blockchain-driven financial services to businesses. As a result of the partnership, the SUBE card can now be funded using BTC, via Alto Viaje’s website. Cointelegraph spoke to Manuel Beaudroit, CMO at Bitex, who said that SUBE — that can be used to travel by train, bus and subway — is used by over seven million people in 37 locations in Argentina.
[Source: Cointelegraph] ✩✩✩✩✩
2. Report: Philippines-Based Banking Giant Launching Two-Way Crypto ATMs
Per the statement, the Union Bank of the Philippines launched its first two-way cryptocurrency ATM earlier this week, allowing customers to purchase and sell assets like Bitcoin for pesos. Union Bank has purportedly collaborated with the Bangko Sentral ng Pilipinas (BSP), the nation’s central bank, to ensure that this newfangled offering is compliant.
[Source: Newsbtc] ✩✩✩✩
3. Mauritius to License Crypto Custodians Starting in March
Mauritius will soon license digital asset custodians as part of its plan to create a fintech hub “in and for” Africa. In an announcement Friday, the island nation’s Financial Services Commission (FSC) said that, after publishing draft rules in a consultation paper in November 2018, the framework has now been finalized and will come into effect on March 1.
[Source: Coindesk] ✩✩✩✩
4. BITCOIN AND VARIOUS ALTCOINS NOW ACCEPTED BY H&M DISTRIBUTORS
H&M Distributors (Not to be confused with the Swedish multinational clothing-retail company Hennes & Mauritz AB, H&M Distributors instead deals in cost-effective lighting) will use the cryptocurrency e-commerce platform Chimpion to facilitate purchases with the market-leading cryptocurrency.
[Source: Bitcoinist] ✩✩✩
5. Bakkt Is Our ‘Moonshot Bet’ Says ICE CEO, Plans to Launch the Platform Later This Year
Despite the massive slowdown in the crypto market and continuous delay in Bakkt’s plans, ICE CEO and NYSE chairman Jeff Sprecher said that corporates and other financial giants are showing great interest in the arrival of Bakkt.
[Source: Coinspeaker] ✩✩✩✩
6. Ripple/XRP: European Parliament member talks about the benefits of blockchain and EU’s stance on digital assets
Eva Kaili, a member of the European Parliament spoke at a Ripple Regionals event about Blockchain technology and how it’s disrupting a lot of the sectors and gave an insight into her entry into blockchain.
She further stated that there is a huge contrast between then and now and said that the scenarios had changed quite a lot. In addition, she continued that the regulation of blockchain and digital assets was well received by EU banks and leaders from different financial institutions.
[Source: AMBCrypto] ✩✩✩
7. Tippin to Allow Twitter Users to Send, Receive Tips in Bitcoin’s Lightning Network
Tippin, a platform that offers a user-friendly web-based custodial crypto wallet, has announced that it will be introducing a Chrome extension that will let Twitter users send and receive tips in bitcoin (BTC).
Launched as an independent project that aims to make it easier for users to conduct Lightning Network (LN)-based bitcoin transactions, Tippin’s announcement has come after Twitter CEO, Jack Dorsey showed his support for bitcoin and LN, a second-layer payment solution to enable faster and cheaper crypto transfers.
[Source: Cryptoglobe] ✩✩✩✩
8. Bitcoin a ‘Major Concern’ for the Indian Government, if Used for Payments: Report
India has long been a nation that has taken a hardline stance towards cryptocurrencies. The risks associated with digital currencies such as money laundering and terrorism funding have long fueled the Indian government’s approach to dealing with digital assets. A panel of high-ranking officials tasked with the job of drafting new cryptocurrency regulatory framework for India is now concerned with its impact on the Rupee.
[Source: CCN] ✩✩✩✩
9. Floyd Mayweather-Backed ICO Responds to Lawsuit: ‘Investors Have No Ownership Rights’
Respond to a recently filed lawsuit Moshe Hogeg, an Israeli cryptocurrency entrepreneur whose company STX Technologies Limited (STX) is a blockchain-based prediction market that was at one point endorsed by boxing legend Floyd Mayweather, revealed his company has no obligation ot use investor’s funds as claimed in its whitepaper, and that “investors have no ownership rights in the cryptocurrency company they invest in.”
[Source: Cryptoglobe] ✩✩✩
10. Crypto Exchange KuCoin Adds Credit Card Purchases for Major Cryptos
As mentioned in KuCoin’s announcement, the exchange’s users may buy bitcoin (BTC), ether (ETH), litecoin (LTC), and XRP using their credit cards. The new payment option has been introduced through a partnership with Simplex, a leading payment processing service. Malta-based crypto exchange, Binance also announced a similar payment option for its trading platform.
[Source: Cryptoglobe] ✩✩✩✩
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