π#Poloniex Adds Support For Fiat-To-Crypto #Trading. Along with allowing users to deposit and withdraw funds using their bank accounts π, customers can now purchase #crypto assets on the platform using a credit or debit card. π₯
β‘οΈ Binance Halves #BTC, #ETH Withdrawal And Deposit Times. #Binance announced that the number of block confirmations for both bitcoin and Ether withdrawals and deposits has been halved, meaning the exchange is accepting a reduced number of confirmations within its own system. π
β‘οΈ Congressional Subcommittee To 'Immediately' Halt #libracoin Progress. Representative Maxine Waters asks the social media giant #Facebook to stop "any movement forward on Libra," fearing the project will lead to an entirely new global financial system based out of Switzerland.
π #Dogecoin Makes Its Way On To #Binance. πΌ After being listed on #Coinbase earlier this year in May, everyone's favorite joke coin has found its way on to Binance, and even received some high praise from one #Vitalik_Buterin π
π Steve Forbes Wants #Facebook To Back #Libra With #Gold. π Steve Forbes, chairman and editor-in-chief of #Forbes Media, wrote an open letter to #MarkZuckerberg urging Facebook's CEO to back Libra with gold and change the #cryptocurrency's name to ... the "Mark." π
Binance Employees Really Like #Binance Coin. Believing in the long-term growth of #BinanceCoin (BNB), Binance CEO Changpeng Zhao revealed that employees hold a total of 32 million #BNB, worth about $1.2 billion.
Russia Has No Plan To Legalize Facebook's #Libra Cryptocurrency. Chairman of the Russian Duma Committee on Financial Market Anatoly Aksakov says the country will not legalize the use of #Facebook Libra despite recent bills meant to loosen the grip on the use of #cryptocurrency
π With #Facebook set to release details regarding its #cryptocurrency , #GlobalCoin, the project has received major backing from #Visa, #Mastercard, #PayPal, and #Uber, which will each invest $10 million and become part of a consortium that will govern the coin. π€
#Coinbase has suggested investors use a dollar cost averaging method, which smooths out drops and upticks in the market over time. In other words, the #exchange wants people to apply a standard #investing strategy to a not-so-standard asset.
Facebook prepares to announce #cryptocurrency later this month. #Facebook plans to develop ATM-like machines where users can buy the company's #Crypto , as well as allow employees to take their salary in the form of the platform's coin.
π Binance Prepares To Launch #StableCoin And Challenge Tether's Reign. The #Binance GBP will be 100% backed by the British pound, and, similar to #TETHER , the exchange will make money off interest on fiat deposits.
Speaking at today's #SEC#FinTech Forum 2019, Director of Corporate Finance William Hinman said he believes #ICO -funded projects could become exempt from securities laws if they become sufficiently #decentralized.
Bitwise Says Fake #Trading Volume Does Not Affect #BTC Prices. #Bitwise researchers have shown that, despite the fake trading volume, regulated #bitcoin futures and improved custody services help keep the #cryptocurrency 's price true.
Facebook Prepares To Launch #GlobalCoin In 2020. #Facebook has been knee deep in regulatory talks with the US Treasury, the governor of the Bank of England, and #Gemini , the #crypto#exchange founded by Mark Zuckerberg's legal pals, Cameron and Tyler #Winklevoss.
During a #Bloomberg TV interview, Nate Geraci, president of independent investment adviser #ETF Store, stated that 90% of millennial investors want to invest funds in a #bitcoin ETF, if only the US Securities and #Exchange Commission would let them. π€οΈ
#Kraken Offers Tokenized Stock To Users. Customers were able to purchase tokenized stock in the company for a minimum of $1,000. The #EXCHANGE has already been able to raise 70 percent of the $10.2 million mark it set out to reach,
Chainlink Set To Launch On #ethereum Soon. According to #Chainlink CEO Sergey Nazarov, the decentralized oracle provider will launch on the Ethereum #Mainnet on May 30, with plans to deploy on additional #networks that "hold value."