Crypto News Cast For May 1st 2021 ?

in #coinbase3 years ago

Crypto News Cast May 1st 2021

Crypto News Cast 📮 01-05-2021

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

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Crypto News Updates :

  • Largest Latin America Online Marketplace Launches Crypto Payments Section
  • Australian Senate Committee Calls For Establishment of Blockchain-Based National Land Registry
  • Coinbase Allows Customers To Buy Bitcoin Using Debit Cards Through PayPal
  • Uzbekistan Presidential Agency Proposes Crypto Amendment For Traders and Investors
  • Fidelity Launches Analytics Platform Sherlock In Response To Institutional Investors
  • $1 Billion Crypto Fund Fully Set For Launch By Andreessen Horowitz
  • The UFC Joins The NFT Bandwagon By Filing Trademark For Cryptocurrencies
  • Africa’s Largest Park, Virunga National Accepts Bitcoin and Altcoin Donations

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Largest Latin America Online Marketplace Launches Crypto Payments Section

MercadoLibre (MELI), largest Latin American online marketplace launched a real estate section allocated to cryptocurrencies payments on April 28th. The company indirectly deals with property transactions, and made the Crypto category as a payment system. This will expose it’s largest markets in Brazil, Argentina and Mexico to Cryptocurrencies. MercadoLibre is the second largest company in South America valued at $81 billion. Read Full on Decrypt.

Australian Senate Committee Calls For Establishment of Blockchain-Based National Land Registry

Australian senate committee on technology and finance calls on lawmakers to establish blockchain-based national land registry. The committee presented 23 recommendations which includes the blockchain. Five of these recommendations focused on blockchain and digital assets. The committee was specifically impressed at the ability of the Blockchain to make land registries more efficient and pushes for further exploration by the National Cabinet. Read Full on cointelegraph.

Coinbase Allows Customers To Buy Bitcoin Using Debit Cards Through PayPal

Coinbase's US customers now have access to buy bitcoin in the exchange using debit cards and bank accounts linked to PayPal. The aim is to easily buy and sell various cryptocurrencies. It is noted that Coinbase doesn't enquire Bank account information from customers, they just use PayPal to securely manage their information. For now, Transactions up to $25,000 every day is allowed. Coinbase also plans to expand this access to other countries. Read Full on Decrypt.

Uzbekistan Presidential Agency Proposes Crypto Amendment For Traders and Investors

National Agency for Project Management under the President of the Republic of Uzbekistan, is proposing several amendments to the licensing procedures surrounding crypto trading. The government agency is proposing to officially allow locals to handle different types of crypto exchange trades which includes exchanging Crypto for the national currency and the foreign currency. However, traders and Investors are expected to trade and invest at their own risks. Read Full on cointelegraph.

Fidelity Launches Analytics Platform Sherlock In Response To Institutional Investors

Asset management, Fidelity with $10 trillion assets under management takes more step into digital asset with the recent announcement to launch analytics platform called Sherlock. This will provide unique analytics to help institutional investors evaluate the market and give out correct and timely data. This launch was influenced by the increased institutional interest in the crypto space. Read Full on cointelegraph.

$1 Billion Crypto Fund Fully Set For Launch By Andreessen Horowitz

The Silicon Valley venture capital, Anderssen Horowitz, sets to make history by launching a $1 billion cryptocurrency-focused fund. The company’s bet till date. The Firm’s second cryptocurrency fund in April 2020 was raked in $515 million, while the first fund in 2018 was $300 million. Andreessen is focused on investing in cryptocurrencies. The Firm owns $11 billion stake in Coinbase. Read Full on U.Today

The UFC Joins The NFT Bandwagon By Filing Trademark For Cryptocurrencies

The Ultimate Fighting Championship (UFC) moves to join the NFT trend by filing two trademarks. The first is to launch an UFC-branded cryptourrency though the global computer network, while the second provides members the opportunity to receive, access, spend, trade and manage cryptocurrency, non-fungible tokens, digital collectible and digital assets etc. This adds to the popularity of Cryptocurrency and NFT market in the world of sports. Read Full on Decrypt.

Africa’s Largest Park, Virunga National Accepts Bitcoin and Altcoin Donations

Africa’s largest Park, Virunga National Park, home of varied wildlife has started accepting donations in different cryptocurrencies. Donations will be accepted in Bitcoin, Ether, Bitcoin Cash, Chainlink, Litecoin, AMp, Storj and other cryptocurrencies. These donations will be used to save its critically endangered mountain gorillas, build green energy sources, and other goals, as Crypto is a more tax-efficient way to raise money. Read Full on U.Today

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