1. Starbucks Coffee Going Crypto, Received ‘Significant Equity’ in Bakkt to Integrate Bitcoin Payments in Stores: Report
Starbucks Coffee now holds “significant equity” in the upcoming crypto platform Bakkt, according to a new report. The coffee giant earned its shares as part of a mutually beneficial agreement. Starbucks Coffee will install Bakkt’s payment software in its stores, which customers can use to pay with crypto and the digital assets will be instantly converted to fiat, in order to keep cryptocurrencies off of Starbucks Coffee’ books.
[Source: DailyHodl] ✩✩✩✩✩
2. TRON Foundation and Tether Partner to Issue USDT on the Tron Network by Q2 2019
Blockchain protocol Tron (TRX) and Tether, issuer of stablecoin USDT, have announced a partnership to introduce USDT to the Tron network by the second quarter of 2019. The news was shared with Cointelegraph in an email on March 4.
[Source: Cointelegraph] ✩✩✩✩✩
3. Bahamas Central Bank Shares Project Sand Dollar Details as a New Digital Currency Pilot with NZIA and Zynesis
The Central Bank of the Bahamas has recently announced a key collaboration for the creation of a digital fiat currency system in the country. The project, which will be called Project Sand Dollar, was unveiled via an official document released last Friday, March 1. The new digital fiat currency that will be created by the country will be fully compliant with the local regulation and will follow the Central Bank of Bahamas Bill, which was approved recently.
[Source: Bitcoinexchangeguide] ✩✩✩✩✩
4. Ripple Advising IMF at High-Level Discussions on Fintech — Is XRP on the Agenda?
Ripple co-founder Chris Larsen is joining high-level discussions with the International Monetary Fund on fintech and the future of finance. A panel of 19 leaders in finance and technology have now held two meetings with IMF director Christine Lagarde to explore the overall impact of the latest technological innovations in financial services. The latest meeting focused on how emerging technologies like blockchain can improve data and cybersecurity.
[Source: DailyHodl] ✩✩✩✩✩
5. Ernst & Young Introduces Tax Tool for Reporting Cryptocurrencies
Big Four auditing and professional services firm Ernst & Young EY) has launched a tool for accounting and preparing taxes on cryptocurrency holdings, according to a press release published on Mar. 4.
[Source: Cointelegraph] ✩✩✩
6. Russia to Introduce Special Crypto Regulations for ‘Russian Offshores’
The new set of measures in respect to the development of “Russian offshores” will affect digital assets, major Russian news agency TASS reported on Mar. 1. The Russian Ministry of Economic Development is reportedly working on the third set of measures for the development of so called “Russian offshores” — places where companies can legitimately be exempt from paying taxes or follow relaxed regulations, — which will include a special regulation of digital assets and shipping.
[Source: Cointelegraph] ✩✩✩✩
7. Crypto Markets See Major Losses, While Stocks Rise as US-China Talks Expected to End
Monday, March 4 — crypto markets have slid today, with Bitcoin (BTC) having failed to hold the $3,800 price point. All of the top 20 coins by market cap are seeing major losses, according to CoinMarketCap.
[Source: Cointelegraph] ✩✩✩
8. BITCOIN CAN’T BE STOPPED BY POLITICS — LIGHTNING ‘TORCH’ GOES FROM IRAN TO ISRAEL
The Lightning Network ‘torch’ payment has reached Israel after it was sent by an Iranian in a symbolic gesture of peace between the two nations. The historic occasion proves that Bitcoin is truly an apolitical and borderless money technology.
[Source: Bitcoinist] ✩✩✩✩
9. Taiwan’s Financial Watchdog to Establish STO-Related Fundraising Mechanism This Year
Taiwan’s Financial Supervisory Commission (FSC) will establish a new fundraising mechanism based on security token offerings (STOs), according to an article published by financial news outlet Taiwan Economic Daily on Monday, March 4.
[Source: Cointelegraph] ✩✩✩✩
10. Utah Senate to Debate Blockchain Task Force Creation and Business Incentives
Utah became the latest United States state to consider special treatment for blockchain in a bill set to be heard yesterday, March 4, concerning the definition of the technology.
[Source: Cointelegraph] ✩✩✩
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