1. US CONGRESS INTRODUCES TWO NEW CRYPTOCURRENCY BILLS
US lawmakers are exploring new blockchain regulations. US Congress just introduced two new cryptocurrency bills aimed to address price manipulation and boost the country’s competitive edge in the new industry.
[Source: Bitcoinist] ✩✩✩✩
2. Crypto Startup Coinbase Quietly Launches XRP Payment Service
On Monday, reports arose that Coinbase, the world-renowned crypto startup, had quietly launched a product to its already-extensive roster. The service is found under the “International” redirect on the firm’s website, and, for some reason, wasn’t exactly publicly announced.
This service, which touts itself as allowing for users to “send money internationally for free,” will be utilizing USDC, a stablecoin launched by CENTRE partners Coinbase and Circle, and XRP, added mere weeks ago after months of hype. And yes, this doesn’t seem to be an April Fools’ joke.
[Source: Ethereumworldnews] ✩✩✩✩
3. Seoul blockchain platform to tackle ID theft
South Korea’s premier blockchain company on Monday announced a collaboration with one of the region’s largest banks that will work to apply the technology to making personal authentication services more secure.
The Seoul headquartered bank, SBI Savings Bank launched the country’s first blockchain-based authentication service powered by technology from South Korea-based blockchain developer ICONLOOP.
[Source: AsiaTimes] ✩✩✩✩
4. Report: China Leading World in Blockchain Projects
China is reportedly leading the world in the number of blockchain projects currently underway in the country, Chinese English-language news daily China.org.cn reports on April 2.
Citing a report by Blockdata, China.org.cn states that there are 263 blockchain-related projects in China, accounting for 25 percent of the global total.
[Source: Cointelegraph] ✩✩✩✩
5. Pakistan to Regulate Crypto Firms with New License Scheme
As reported yesterday by the Express Tribune citing Ministry of Finance sources, the federal government will now bring in regulations for Electronic Money Institutions (EMIs), based on recommendations from the G7’s Financial Action Task Force (FATF).
The sources were quoted: “THESE REGULATIONS WILL HELP COMBATING MONEY LAUNDERING AND TERRORISM FINANCING WHILE IT WILL ALSO HELP REGULATION OF DIGITAL CURRENCY THROUGHOUT THE COUNTRY.”
[Source: Bitcoinnews] ✩✩✩✩
6. TRON Foundation Supports Gambling DApps Restrictions in Japanese Market to Comply With Regulations
Blockchain-based decentralized application (DApp) platform Tron pushed to remove gambling DApps in the Japanese market to comply with local regulations, according to a press release published on March 31.
[Source: Cointelegraph] ✩✩✩
7. Russian social media platform Vkontakte may launch cryptocurrency, potential access for 50 million users
Vkontakte, a Russian social media platform and subsidiary of Mail.ru Group, is reportedly working on a cryptocurrency. According to RNS, a Russian news outlet, Vkontakte’s plan involves the creation of cryptocurrency wallets for its 50 million users on the social media platform. The project, if approved, will enable users to store and transfer Vkontakte’s native cryptocurrency.
[Source: Cryptoslate] ✩✩✩✩
8. Japanese Cryptocurrency Exchange coincheck Launches Bitcoin OTC Trading Desk
Japanese cryptocurrency exchange Coincheck has launched an OTC (over-the-counter) desk as a gateway to the cryptosphere. The new trading desk gives major institutional investors a way to invest large amounts of money in Bitcoin (BTC).
[Source: TheDailyHodl] ✩✩✩
9. MAKING ATM BITCOIN PAYMENTS VIA LIGHTNING NETWORK IS BECOMING A REALITY
Developer and researcher Felix Weis successfully executed, as a proof-of-concept, the world’s first ATM Bitcoin transaction on the Lightning Network.
[Source: Bitcoinist] ✩✩✩
10. Coindelta Shuts Down Operations In India, As WazirX Offers Users Refunds to Their Former Users
The regulatory landscape in India has been uncertain lately. Despite scheduling a hearing on the regulations that will impact the still-nascent crypto industry, the meeting was instantly postponed, leaving many exchanges in the dark. With the ban against crypto and bank relations still in effect, many platforms are being forced out as a result of the lack of regulations, with Coindelta being one of the many to recently be added to that list.
[Source: Bitcoinexchangeguide] ✩✩✩✩
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