The CFTC is welcoming public comments aimed at understanding Ether token and the Ethereum network use cases. The CFTC has filed an RFI (request for information) to hear public views on the underlying technology. The public would have to comment within 60 days. The effort is expected to support the body to come up with better decisions.
The Coinbase exchange has declared the inclusion of four coins to the Coinbase Pro platform. Reportedly, the Coinbase Pro users would be able to transfer Civic, district0x, Loom Network, and Decentraland to the exchange. The token launch would undergo four stages. The trade would be available for users in the UK, US (except NY), European Union, Canada, Singapore, and Australia.
Cobinhood has declared the inclusion of four stablecoins such as Gemini Dollar (GUSD), MakerDao (DAI), Paxos Standard Token (PAX) and TrueUSD (TUSD). The co-founder of the company, Wei Ning Huang stated, “We are increasing the presence of stablecoins on the COBINHOOD exchange so the community understands that their voices have been heard and stability is being made possible.”
The spokesperson of Tether exposed a statement, “We confirm that the relationship with Friedman is dissolved.” The preliminary audit revealed Tether had $442.9 million in its reserve. However, the audit was not completed.
A new Bitcoin derivative named the Bitcoin Atom (BCA) fork will hit the market. The SegWit enabled BCA is expected to solve various scalability issues. It is revealed that the derivative will use Proof of Stake (POS) and Proof of Work (POW) to deal with transaction cost. Every Bitcoin holder holding their private key at the time of fork will receive one BCA for each BCH.