🗞 Daily Crypto News, April, 18th💰
- Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings ;
- Auditor EY Unveils Nightfall, An Ambitious Bid to Bring Business to Ethereum;
- Coinbase Expands Crypto-to-Crypto Services to 11 More Countries;
- Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets;
- Demand for Legal Experts With Blockchain Tech Knowledge is High, Report;
- 📑 Daily Crypto Calendar, April, 18th💰
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
🗞 Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings
Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. Faced with emerging disruptive technologies like Bitcoin, their discussions also focused on how money and payments are taking on new forms throughout the world. There wasn’t any determined conclusion to the debates, but the IMF’s Christine Lagarde admitted that cryptocurrencies have shaken the established global financial order.
"People now find that digital payments and keeping their money in digital form is much more suitable to their needs. It means that within a couple of years, given current trends, Swedes will no longer have access to central bank money, because notes are the central bank money."
🗞 Auditor EY Unveils Nightfall, An Ambitious Bid to Bring Business to Ethereum
Big Four professional services firm EY is rolling out free software designed to help corporate clients use the ethereum blockchain – and it’s taken an unusual step to encourage adoption.
Announced Tuesday, EY’s protocol, internally code-named Nightfall, has been developed over the last year by the consulting firm’s team of over 200 blockchain developers and will be published in May. The protocol was created for such use cases as supply chains, food tracing, transactions between branches of a company and public finance.
Like other enterprise blockchain platforms, Nightfall takes advantage of a technology called zero-knowledge proofs to allow private transactions on a shared ledger. But unlike most such endeavors, EY’s software is intended to run on top of the public ethereum network, not a private variant.
🗞 Coinbase Expands Crypto-to-Crypto Services to 11 More Countries
Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries, according to a blog post published on April 17.
Coinbase and its professional trading platform Coinbase Pro have introduced crypto-to-crypto conversions and trading to 11 more countries in Latin America and Southeast Asia. The product is now also available to Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand.
Coinbase customers in the aforementioned countries can now store, trade, send, and receive cryptocurrencies. The exchange suggests in the post that cryptocurrencies’ are moving from the current “investment phase” into the “utility phase” following a number of new use cases. Coinbase explains:
🗞Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets
Japan’s Financial Services Agency (FSA) will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies at crypto exchanges, Reuters reported on April 17.
Citing a source familiar with the matter, Reuters reports that the country’s financial regulator will reportedly require cryptocurrency exchanges to strengthen internal supervision of cold wallets — devices for storing digital currency which are not connected to the Internet.
By implementing the new regulation, the FSA purportedly addresses the difficulties of ensuring the security of digital currencies and other risks for the country since it intends to boost the fintech industry to stimulate economic growth.
🗞 Demand for Legal Experts With Blockchain Tech Knowledge is High, Report
Demand for legal experts with blockchain technology knowledge is high, according to Major, Lindsey & Africa managing director Brian Burlant, who recruits for law firms and in-house legal departments. The news was published by legal news and information site Law.com on April 17.
According to Burlant, law firms are having difficulty keeping up with cryptocurrency and blockchain industry demands for lawyers because of a lack of candidates who really understand the technology. Burlant said that a lot of lawyers enter the space from regulatory practices or government, where they were engaged specifically in practices related to cryptocurrencies.
📑 Daily Crypto Calendar, April, 18th💰
LTO meetup at Mindspace Shoreditch, London discussing the industry in general and sharing insights on getting blockchain intto the masses.
"Join Chainlink and Wanchain as we demo an integration of a chainlinked smart contract that utilizes Wanchain's cross-chain capability."
Decent.bet launches its P2P esports platform on the closed beta testnet at the 2019 VeChain Summit in San Francisco.
The COO and CEO of 20|30 join the CEO of LTO at a meetup in London from 18:30 - 21:30 (BST).
"Join us in #aeternity's main #Telegram tomorrow, 6 PM CEST, to win some prizes in #AE tokens:"
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
At the time of writting this article, STEEM is on a little UP trend and we should test the resistance line at 0.43$ very soon now. If we are able to break that resistance line, it would be the first positive sign since days now for the STEEM. Let's see what will happen in the coming hours. Crossed fingers !
Last Updates
- 🗞 Daily Crypto News, April, 17th💰
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- 🗞 Daily Crypto News, April, 13th💰
- 🗞 Daily Crypto News, April, 11th💰
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