Binance, the world’s largest crypto exchange, is ramping up listings by tapping into its decentralized exchange (DEX) with a new community-driven selection program. #Binance.com Launches #BEP2 Community Listing Programhttps://t.co/IIirje0Fvx pic.twitter.com/UOYBShAaEN — Binance (@binance) June 13, 2019 According to the announcement, the new initiative is designed to list at least one project on Binance.com each month […]
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Brave Browser Begins Paying Select Users in BAT for Viewing Ads
Brave Software, the company behind the Brave Browser and Basic Attention Token (BAT), revealed Friday that it has entered the second phase of its private ad platform, and will now begin paying out BAT rewards to select users who view advertisements while browsing. Exciting day with phase 2 of our private ad platform! With the Developer Channel […]
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Fidelity Rolls Out Bitcoin (BTC) Custody for Select Clients
Financial services giant Fidelity Investments, which manages more than $ 2.6 trillion in client assets, has started rolling out its Bitcoin (BTC) custody service, allowing institutional clients to securely store the leading digital asset. We are live with a select group of eligible clients and will continue rolling out slowly. Our solutions are focused on the needs […]
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Revolut Launches Auto-Exchange Feature for Select Crypto and Fiat Currencies
Revolut, a mobile finance and payment application based in the U.K., has launched a service that makes it possible for its clients to “auto-exchange” fiat and digital currencies on its platform.
The new feature is intended to make it possible for users to protect themselves against volatilities in the crypto market. Per a company blog post, Revolut users can automatically exchange “fiat currencies, such as the US dollar (USD) to ether (ETH) or bitcoin (BTC), to XRP,” and vice versa, based on a predetermined target rate.
Coinstar Machines in Select US States Now Sell BTC Vouchers
On Jan. 17, financial services company Coinme announced that people visiting select Safeway and Albertsons stores in California, Texas, and Washington can now purchase bitcoin core (BTC) through Coinstar kiosks. Coinstar devices are fully automated self-service coin-counting machines and now thousands located in the U.S. market could be equipped to handle cryptocurrency transactions.
Also Read: Markets Update: Crypto Prices Drift Sideways While Traders Remain Uncertain
“Venture Capital Working Group” Seeks Select Cryptocurrency “Safe Harbor”
Several venture capitalists (VCs) and entrepreneurs have been petitioning federal authorities to see certain virtual currencies in a “different light.”
Right now, many cryptocurrencies are in danger of being classified as “securities,” which would place them under strict regulatory scrutiny. Working to change this, venture capital firms Andreessen Horowitz and Union Square Ventures have gathered a team of lawyers and investors known as the “Venture Capital Working Group” to meet with the U.S. Securities and Exchange Commission (SEC) to develop what they call a “safe harbor” for specific digital currencies and establish long-term proposals for how they should be viewed and handled.