The Central Bank Of Philippines has authorised three more crypto exchanges to start its operations in the island nation’s borders, this move makes total number of crypto exchanges functioning in the country to 10. The circular released by the central bank of Philippines reads: The Bangko Sentral does not intend to endorse any VC, such as Bitcoin, as a currency. Rather, the BSP aims to regulate VCs when used for delivery of financial services, particularly, for payments and remittances…”
The Crypto Games Conference (CGC) 2019, believed to be one of the biggest blockchain gaming event in the globe will be held at Minsk, Belarus. The event is organised friend of Dragon (blockchain focused on entertainment industry) Co-founder named Eugene Lavrinenko. The conferences has three cutting-edge gaming themes of today: crypto games, iGaming and gaming ecosystems and services
One of the oldest non-custodial wallet services, Blockchain.com has announced their plan to delist BSV (Bitcoin Cash SV) from their platform. The CEO of Blockchain, Peter Smith explained, “we have determined to end all support of BSV within the Blockchain Wallet by May 15, 2019. If you have BSV, we recommend simply swapping it for another crypto in the Blockchain Wallet or sending your tokens to another service.”
Australia is one of the countries that is welcoming the blockchain and crypto industry with open arms. The first cryptocurrency lab, Adelaide crypto lab in the country will be receiving fund from the government to accelerate the industry. The co-founder of the Adelaide crypto lab, Yawn Rong said, “South Australia may never be an industry leader, but that doesn’t mean it can’t be successful”.
A cryptocurrency company, Huobi Derivative Market (Huobi DM) is reportedly to offer its customers with more option and flexibility as they will be introducing a Bitcoin Cash (BCH) contracts soon. The contract is expected to be launched before the end of May and have revealed some of the features in the new product offered by Huobi in Huobi DM.
A collaboration has been made between MadLipz and Kin with the aim to bring cryptocurrency to the 40 million users to its social entertainment app. The CEO of CryptoGlobe, Amir Alikhanzade commented, “Our quick rise in ranking shows that the Kin integration is well received by our engaged user base and in the future Kin will be used by our users and potential partners alike through user-centric experiences.”
A financial result for the year 2018 shared by Upbit has shared that they’re currently among the top of cryptocurrency exchange operated in the country. The report was shared by Coindesk Korea which confirmed that Upbit has revealed $120 million net of income with the operating profit of $253 million and have increased by 33% according to the audit report by the country’s FCC.
The co-founder and the CEO of BitMEX, Arthur Hayes has confirmed that they will not likely to add another cryptocurrency soon. Hayes explained, “So you know, in my, in my opinion, the futures market should always be tighter and trade larger than the underlying of this derivative. And that only happens if you have sufficient liquidity in the spot market.”
The International Monetary Fund (IMF) and World Bank, two most important financial institution of the globe have recently launched quasi-cryptocurrency powered by a private blockchain technology. IMF then explained, “The development of crypto-assets and distributed ledger technology is evolving rapidly, as the amount of information (both neutral and vested) surrounding it.”
Cryptocurrency Dash is getting more popular and have been adopted by more people located in Latin America and will be expanding more business in Australia with the new collaboration established with Crypto Buyer. The CEO of Dash Core Group, Ryan Taylor said, “We’ve anticipated this initiative from Crypto Buyer, as it provides the everyday person with a seamless and efficient way to access Dash and lower barriers to entry.”