2020 Presidential Candidate Andrew Yang Bitcoin Friendly

Aside from a few States in America, the blockchain regulations in the US is not that great.

However, there might be hope for the land of the free as a Democrat presidential candidate, Andrew Yang seem to be very optimistic about cryptocurrencies.

Andrew Yang is an entrepreneur and founder of Venture for America (VFA) which is a non-profit organization with the mission of mobilizing the next generation of entrepreneurs and equipping them with the necessary skills and resources they need to create jobs.

Recently, he has announced through his Tweeter account that his campaign now accept Bitcoin, Ethereum and other cryptocurrencies which drew a lot of praises and equal amount of concern due the nature of the new asset class.

Only time will tell if his journey to the Whitehouse will bear fruit or will he still have the same sentiments about cryptocurrencies if he wins it.

Coinbase Made Some Changes To Its institutional Grade Platform To Increase Liquidity

It has recently been revealed that Coinbase will be introducing a new fee structure for its professional trading platforms, Coinbase Pro and Coinbase Prime.

It also revealed that it is making a new market structure that is designed to increase liquidity, enhance price discovery and ensure price movement.

Changes includes updates in order maximums, new order increment sizes, the turning off of stop market orders and added market order protection points.

Coinbase also announced a scheduled maintenance on March 22 from 6:00 p.m. to 6:30 pp.m. PDT.

While pundits agree that these changes will increase liquidity and trading activity into the platform, some says that the American exchange is increasing the trading fees for smaller clients and decreasing fees on larger ones.

North Korea Has Accumulated $670 Million In Crypto According To UN Report

North Korea is surviving the unilateral embargo that the United States Of America is promoting through its use of cryptocurrencies since they are not control by any particular country.

According to a leaked draft report by the UN’s Security Council that has obtain by an online news outlet, it has been informed by a panel of cybersecurity experts that Pyongyang has accumulated about $670 Million in crypto and traditional fiat currency.

It was revealed that the hermit country was able to get these assets through cyber theft and Blockchain technologies has enable the country to cover their tracks and perform the illicit activities.

The accusation to North Korea is nothing new but incidents of cyber attacks purportedly from North Korea has increase over the years.

Cryptocurrency is very attractive to these kind of activities especially to non-aligned countries which have been subject to financial exclusion.

Looming US-Based Credit Cards Opportunity For Crypto To Shine In Venezuela

It has been reported that the United States government is threatening to prohibit payment companies from processing transactions in Venezuela.

If the plan is initiated, this will further aggravate the already dire financial situation of the country especially its citizens, however, this might be a great opportunity for cryptocurrencies to truly shine.’

While the sanctions of the governments are primarily aimed to President Maduro-led regime and his allies it has affected millions of Venezuelans who are looking for some refuge the financial devastation sanctions have inflected on them.

Millions of citizens are now using cryptocurrencies like Bitcoin and Dash as an alternative as it is not affected by any sanction of any particular country and cannot be controlled by one government.

Cryptocurrencies has been a life line of many countries that has seen themselves under the cross-hairs of the U.S. financial machinery.

Many of these countries have turned to the new asset class to avoid what some call a brazen act of financial subjugation of a foreign power to force their own agenda into its own sovereign states.

Cryptos Do Not Need Rules Only Crypto Companies According To Winklevoss twins

WInklevoss twins want to clarify statements of their advertising campaign which has received criticism from the greater crypto community.

According to their campaign cryptocurrencies needs rules, however, they want to set the record straight that the ad is pertaining to crypto companies and not the crypto assets themselves.

This was revealed on a twitter post made by Cameron Winklevoss saying that many are wondering why his company Gemini believes the Revolution (Cryptocurrencies) needs rules.

He states that it does not but the companies that built on top of it do and cited an incident of a Canadian exchange whose founder died suddenly and funds of the exchange cannot be found.

With proper regulations this would have been properly avoided.

Their goal of the campaign is to change the image of cryptocurrencies as the Wild West which has been plagued by exchange hacks, scams and fraudulent security offerings.

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