One Stop Cryptocurrency NewsCast For Today ?

📮 27-12-2019

📉 MarketCap:                  $193 B
📊 24h Mcap %:                  0.09%
⚠️ Bitcoin Dom:                 67.9%

📌 Active Coins:                2,442

📍 24h Vol %:                  17.48%
💲 24h Vol:                     $49 B

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1.  France’s financial regulator has published new rules regarding the licensing of digital asset service providers. The license is optional for crypto firms operating in France, however. The French government only mandates that crypto custodians and any firm dealing with fiat-to-crypto or crypto-to-fiat services register with the AMF for anti-money laundering reasons. With the help of the AMF, Gov. has defined crypto-asset custody service as “mastering” the “means of access” (cryptographic keys) for a third party’s digital assets and keeping track of their positions.

2.  When it comes to adoption by the tech giants, the blockchain sector has its own champion – IOTA. In 2019, solutions were used by Siemens, Intel, Blackberry. Today, patent application US20190373051A1, which refers to the "Task Scheduling System for Internet of Things (IoT) Devices" has been transferred for final approval. In accordance with Google Patents, this application was initially filed by IBM back in 2018. One thing that is of particular interest to us is the fact that the IOTA cryptocurrency is incorporated into this concept.

3.  ETC Labs, the organization dedicated to the development, utilization, and adoption of the Ethereum Classic community, core technology, and ecosystem continues to build upon the vision for compatibility between ETC and ETH network with next ETC Hard Fork, Agharta. ETC core developers and participating ecosystem stakeholders have arrived at a consensus on the scope and timing of the Agharta hard fork proposal, which will create long-awaited backward compatibility between the two networks, opening important opportunities for project collaboration.

4.  Fiat gateway infrastructure provider Simplex has partnered with cryptocurrency wallet provider Broxus to facilitate buying of bitcoin (BTC) and ether (ETH) directly via Telegram. The service is based on Telegram bot @broxusbot, users can purchase the two cryptocurrencies with a regular bank card via the bot. Users are then routed to checkout with Simplex, who takes care of the authorization, payment processing and delivery of cryptocurrencies, said the firm, which is one of Binance's fiat gateway partners.

5.  Ethereum co-founder and core developer, Jeffrey Wilcke, has reportedly sent 92,000 ETH ($11.5 million) to U.S. cryptocurrency exchange Kraken on Dec. 25. Wilcke, whose GitHub shows he is the co-founder of Grid Games, made the claim that he needs the money to fund his game. Wilcke’s tweet, sources show that an ETH address registering the name of Jeff Wilcke moved 90,000 ETH to Kraken in full. While the address still has 218,000 ETH ($27 million), 90,000 of this was moved to an intermediary address and then sent in full to Kraken.

6.  The Bank of Korea, South Korea’s central bank, is set to recruit additional experts to research digital currencies. The move is aimed at strengthening the country’s payment and settlement system, the central bank announced Friday in its "Monetary Policy for 2020” document. The Bank of Korea added that it will continue to build on the research into blockchain technology, cryptocurrencies and central bank digital currency (CBDC) to “play an active role as overseer to enhance security of the settlement systems.”

7.  YouTube has reinstated many channels who make crypto-related content after a widespread removal of videos over the last week. This follows widespread outrage among the crypto community and YouTube's statement where it admitted the channels were removed in error. Crypto analyst Mati Greenspan, who initially called for a boycott of the Internet video giant, said, "Looks like YouTube has apologized & reinstated most of the censored material. Glad to see the community rallying to affect change."

8.  Ethereum hard fork, “Muir Glacier,” is about to drop, earlier than anticipated. The network will upgrade when block number 9,200,000 is activated, which block explorer sites Etherscan and Ethernodes predict will be mined on Wednesday, January 2. The fork, known as “Muir Glacier,” brings only one improvement, EIP 2384, the new EIP delays the difficulty bomb for another 4,000,000 blocks, or around 611 days, meaning the whole network won’t freeze before Ethereum switch to a Proof-of-Stake consensus mechanism, minimizing any disruption to the network.

9.  The Central Bank of the Bahamas (CBOB) is planning to introduce a digital version of the Bahamian dollar in the Exuma district. According to an official press release, the CBOB will launch its digital currency (CBDC) pilot on Dec. 27, which will extend in the first half of 2020 to Abaco, a group of islands and barrier cays in the northern Bahamas. The digital currency is being developed under the initiative called Project Sand Dollar and will be the Bahamas’ first digital currency. The initiative aims to make access to financial services more efficient and non-discriminatory.

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