1. Facebook stock pops as investors anticipate its cryptocurrency announcement this week
Facebook’s stock rose 4.2% Monday as investors anticipate the company’s entrance into the hot cryptocurrency space.
According to reports from The Wall Street Journal and elsewhere, Facebook has partnered with companies like Uber, Visa and PayPal to create its new cryptocurrency called Libra. The initiative is run by David Marcus, the Facebook executive who previously ran Facebook Messenger. He was the president of PayPal before joining Facebook.
[Source: CNBC] ✩✩✩✩✩
2. Ripple Announces Game-Changing Partnership With MoneyGram
According to Ripple Labs, a two-year partnership has been struck with MoneyGram which makes Ripple its exclusive digital assets partner. The purview of Ripple’s use case here might be more limited than expected. It depends on how many of the transactions are sent and received using Ripple’s technology and how much they’re worth.
[Source: CCN] ✩✩✩✩✩
3. Binance TO OFFER BITCOIN-PEGGED BEP2 TOKEN FOR TRADING
The crypto exchange giant announced the news via a blog post on its website published on Monday (June 17, 2019). According to the statement, Binance plans to offer crypto-pegged tokens on its DEX platform beginning with BTCB.
[Source: Bitcoinist] ✩✩✩✩
4. Brazilian Financial Authorities Announce Regulatory Sandbox For Blockchain
Four of Brazil’s major financial authorities have come together to regulate emerging technologies, including blockchain. The Ministry of Finance, the Central Bank of Brazil, the Securities Commission, and the Superintendent of Private Insurance recently announced their intention to adapt new regulations to manage fintech and cryptocurrency advances.
The regulations will affect Brazil’s securities, financial, and capital markets, according to the regulators. The institutions will also create a regulatory sandbox in the hopes of understanding and allowing concessions for new fintech ideas.
[Source: Coindesk] ✩✩✩✩
5. Bloomberg: UK Interdealer Broker TP ICAP to Sell CME’s Bitcoin Futures
United Kingdom-based interdealer broker TP ICAP will sell bitcoin (BTC) financial derivatives, Bloomberg reports on June 17.
Per the report, the ICAP unit of the firm now allows its customers to buy or sell the Chicago Mercantile Exchange’s (CME) bitcoin futures. In June, the Chicago Board Options Exchange’s bitcoin futures will expire with no current plans for renewal, leaving the CME as the sole offerer of BTC futures.
[Source: Cointelegraph] ✩✩✩✩
6. Pot-Tracking Blockchain System Could Be Used by CVS, Walgreens
Canada’s largest pharmacy chain and the provider of a blockchain program for tracking medical pot believe their partnership will act as a model for U.S. drug stores like CVS Health Corp. and Walgreens Boots Alliance Inc.
[Source: Bloomberg] ✩✩✩✩
7. Bitcoin at a Premium in Hong Kong Amid Protests
Bitcoin has developed a slight premium in one of Hong Kong’s crypto exchange TideBit where one BTC is currently trading at circa 63,000 Hong Kong Dollars (HKD), worth about $8,030.
[Source: TrustNodes] ✩✩✩✩
8. Cardano pens deal with Georgia to clean up country’s opaque education system
The company behind the cryptocurrency Cardano has struck a non-binding “memorandum of understanding” with the Georgian Ministry of Education and Science, which hopes to integrate blockchain technology into its services and advance its goal of becoming a “tech business hub.”
[Source: DecryptMedia] ✩✩✩
9. ethereum Public Blockchain Favoured for Document Authenticator Feature by Polish Bank
A Polish bank has bucked the trend of companies and institutions experimenting with blockchain technology using private, permissioned ledgers. Warsaw-based Alior will reportedly use the Ethereum public blockchain to build a system to let customers check the authenticity of documents they receive from the bank.
[Source: NewsBTC] ✩✩✩
10. Samsung to Seek Collaboration With Platform Firms on Blockchain Innovation and 6G
The vice chairman of South Korean consumer electronics giant Samsung says the firm will seek to collaborate with platform companies on the development of blockchain, artificial intelligence and sixth-generation mobile networks. The news was reported by Bloomberg on June 16.
[Source: Cointelegraph] ✩✩✩
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