1. Social Trading Giant eToro Adds Crypto Buying and Selling in 32 US States
Israel-based social investing platform eToro has launched a cryptocurrency trading platform and wallet service in the U.S.
The firm announced Thursday that the new platform allows U.S. customers from 32 states and territories to trade 13 unspecified cryptocurrencies. Multi-asset trading is also scheduled for launch in Q1 of next year.
[Source: Coindesk] ✩✩✩✩
2. Fidelity Crypto Chief Says Hard Fork May Delay Firm’s Support for ethereum
Fidelity Digital Assets (FDAS) will take its time about adding support for ethereum, the executive in charge of the new platform said. While Jessop has previously said FDAS might look to add ether and other cryptocurrencies, he told CoinDesk Thursday that the process to do so may not be cut-and-dried.
[Source: Coindesk] ✩✩✩✩✩
3. OKEx Adds TRON Foundation to C2C Market for High Volume Traders
World’s second largest exchange by daily volume, OKEx has launched support for TRX on its C2C or peer-to-peer Market. The US OKEx sees over a daily volume of almost $750 million. The C2C platform on OKEx is provided to facilitate the high-volume investors. The trade orders on the C2C platform can be hedged against the market volatility by pre-determining the prices. This is essential for high volume trades where minuscule percentage fluctuations may lead to considerable value loss.
[Source: Coingape] ✩✩✩✩
4. Chinese IT Giant Tencent and University of Hong Kong Collaborate on Fintech
Tencent Financial Academy, a subsidiary of Chinese IT giant Tencent — signed a memorandum of cooperation with the University of Hong Kong on March 6 for joint research and development projects related to financial technology. Chinese media outlet QQ reported about the deal on March 7.
[Source: Cointelegraph] ✩✩✩✩
5. Binance Backs Massive Crypto Scalability Solution for Mainstream Adoption, As Largest US Supermarket Chain Expands Ban on Visa
Binance CEO Changpeng Zhao is supporting a blockchain startup that could rival Visa. He and his team have selected Celer Network, a scalability solution, as the next incubation project for the company’s venture capital arm, Binance Launchpad. Binance says the network effectively turbo charges blockchain technology, turning it into the kind of robust backbone that can rival legacy systems.
[Source: DailyHodl] ✩✩✩✩
6. Ripple News — Ripple-Powered Firm Lowers Fees by 80%, Making Remittance Faster Than SWIFT, Cheaper Than Western Union
Brazil-based payment service platform BeeTech Global uses RippleNet to conduct remittance payments for people from various countries, keeping prices down and speed high
[Source: U.Today] ✩✩✩✩
7. To the Moon — Anonymous Bitcoin and Crypto Supporter Pens Space Message, Says ‘1 BTC Will Be More Than Enough for the Future’
The crypto project, created by @MediumSqueeze, leverages the cosmos to help people around the globe leap over governments and nation states to stay connected without the use of the internet. Powered by Spacebit.live, users can pay a fee in Bitcoin to send messages through satellites operated by Blockstream. The messages signal a growing zen for moving data, value, Bitcoin and crypto through outer space.
[Source: DailyHodl] ✩✩✩✩
8. Israel Securities Authority Publishes Final Recommendations on Crypto Regulation
The Israel Securities Authority (ISA) has published its final report on cryptocurrency regulations, local financial newspaper Globes reports Thursday, March 7. The final ISA report puts forth several main ideas for how to support the crypto industry in the country including the establishment of regulatory sandbox and the creation of a special platform to trade cryptocurrencies under enhanced regulation.
[Source: Cointelegraph] ✩✩✩
9. South Korea Establishes Special Task Force to Prevent Cryptocurrency-Related Crimes
The South Korean Supreme Prosecutors’ Office (SPO) has announced the establishment of a task force to fight cryptocurrency-related fraud and crimes. The development was reported by the Korean Broadcasting System (KBS), one of the largest national public broadcasters, in an article published on Tuesday, March 5. The new task force will be responsible for the investigation — under the SPO’s authority — of fraud, illegal money laundering, crimes and other illegal activities within the fields of fintech and cryptocurrency.
[Source: Cointelegraph] ✩✩✩✩
10. Malaysia: Domestic Finance Watchdog Seeks Public Feedback on ICO Regulatory Framework
The Securities Commission Malaysia (SC) has issued two consultation papers seeking public feedback on the regulatory frameworks for initial coin offerings (ICOs) and property crowdfunding. The request was noted in a press release published on the SC’s website Wednesday, March 6.
[Source: Cointelegraph] ✩✩✩✩
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