China has Released A Crypto Project Ranking

The Center for Information and Industry Development (CCID) of China has ranked 34 crypto projects, with Ontology as the most recent one in addition to the other 33 projects and.

EOS ranks number one in the overall ranking followed by Ethereum, as number two, and GXChain as number three.

Ontology and Komodo tied in rank number four.

Bitcoin, on the other hand falls to rank number 18 from previous rank which is number 13.

All 34 projects are evaluated according to basic technology, innovation and applicability.

Experts Say UAE To Become A Leading Destination For Blockchain-related Businesses In 2019

Due to its promising new crypto regulations, the United Arab Emirates is looking to be one of the leading destinations for blockchain-related business, as per the experts say in the country's daily news paper.

The UAE government has announced a new legal framework for ICOs and hinted a possible regulation for cryptocurrency exchanges.

Experts see these as a potential that the country could join Malta and Gibraltar as a famous crypto destination.

The Securities and Commodities Authority of UAE is reportedly going to work with Dubai Financial Market and Abu Dhabi Exchange to build a platform for ICO trading.

Also, the country is concurrently building several crypto and blockchain projects on a state level such developing a cryptocurrency accepted in cross-border transactions, in partnership with Saudi Arabia.

Coinbase Won't Do IPO Until It Sees The Bear Market Is Over

According to CNBC's interview to the President and COO of Coinbase, Asiff Hirji, it is evident that the company is not close to launching an IPO until it sees, according to their data, that the bear market is over.

Coinbase has already crossed the $1B mark when Bitcoin hit $20,000 last year.

It has even reached a value of $8 billion this October 2018 and it is expecting to meet its target revenue of $1.3 billion.

Hirji said that for now, Coinbase is currently focused only on building a great business and is a long way from going public.

However, the company is certainly preparing for it.

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