📌 Blockchain Association: crypto companies will represent the interests of the industry at a higher level
Coinbase and other several companies are forming the Blockchain Association, the first lobbying group in Washington
According to the official report by Washington Post, Coinbase, Protocol Labs, Digital Currency Group and Polychain Capital formed the Blockchain Association, which will become the voice of the crypto-currency industry in the global space.
One of the main goals of the organization will be to present the industry in the US political system. It sounds pretty good: nevertheless, the exact preferences and tasks of the participants (companies) remain undisclosed. The main topics that should be discussed with the authorities are general legal regulation and taxation.
The Association will also develop internal measures and will discuss them with regulators in relation to money laundering.
The team is also supported by Kristin Smith (Overstock).
To date, these two aspects are controversial not only with regard to US crypto industry, but also in terms of global regulation (noticing that in many regions of the world there is no clear and transparent framework for ICOs, crypto and exchanging activities, mining, payments, and so on).
📌 Softbank completed testing of its new blockchain platform for mobile payments
This new proof-of-concept (PoC) protocol enables P2P mobile payments across different devices
SoftBank Group, the Japanese information giant, which actively develop new solutions in the high tech field, has completed a test of peer-to-peer (P2P) mobile payments. According to the announcement from the company itself, the new protocol allows people to use mobile P2P payments through different mobile operators. This product is now known as «Rich Communication Service (RCS)».
«Not only do we foresee our new mobile payment service empowering merchants to operate digitally, and at a scale that was previously only available to big brands, but it will also give our customers more flexibility when it comes to their purchasing and traveling habits.»
- Takeshi Fukuizumi, Softbank vice president talks on RCS
What is also important, the peer-to-peer network will allow users to exchange funds within this protocol. It seems that the new solution is an alternative to both mobile applications and other services with the same functions. As a basic concept, Softbank uses the proof-of-concept (PoC) blockchain networking system.
📌 Google Play deleted the Bitcoin.com wallet
The reason is not to confuse users: in fact, Bitcoin.com is for the Bitcoin Cash transfers
In fact, users have already discussed this app in a negative way, so to consider it as discrimination of Bitcoin is wrong: in fact, the Bitcoin.com wallet is used to provide the Bitcoin Cash transfers. At the same time, Google's policy regarding crypto-currencies and various software connected with this industry remains quite strict.
In August, the bitcoin.org domain and site get its new "fork", called btcinformation.org. Given the ambiguous Roger Ver's personality and role in the community, many also noted that Bitcoin does not have an official website, the main resource or even a registered brand.
📌 Huobi acquires Japanese exchange
BitTrade is now a part of Huobi Japan Holding Ltd, one of the largest crypto-conglomerates
Huobi, one of the leading exchanges with the total market share of $535.73M (8.75%) for last 24 hours, is part of one big Huobi Group, which does not stop in acquisition and partnership with smaller start-ups and companies.
This time, Huobi acquires BitTrade, by integrating it in the Huobi Japan Holding Ltd. BitTrade, as it officially reported, is one of the only 16 various regulated trading platforms in Japan, which means a fairly easy process of acquiring a company with an already ready base for a foreign market.
The last owner of the Japanese exchange was Eric Cheng, a millionaire from Singapore. Then, back in June, Cheng purchased BitTrade by buying a 100% stake of a total $50 million worth. It can be seen that Huobi is trying to develop a sufficiently large network of platforms that would attract the largest investors also, including their activity in Huobi Global. In general, such a tactic becomes more popular for most major exchanges.
Know more: Binance and Malta Stock Exchange present the new trading platform for security tokens. It is planned that the new trading platform will become a place where traditional financial assets are transferred on the blockchain
📌 Bittrex exchange to lead Bittrex International: more plans to deploy the global market
The new company's affiliation is already called as "revolutionary"
Bittrex officially announced the deployment of a business focused on the technical side of trade outside the United States. Taking the technology and business and carrying it as a whole, the company completed the new deal and launched a global enterprise called "Bittrex International", primally aimed at blockchain technology.
Recently, the exchange launched Ethereum (ETH) and Ripple (XRP) trading pairs with the US dollar.
The main goal of the Bittrex International will be the acquisition and management of blockchain companies.
Exchange plans to migrate to Malta, probably to get rid of some of the local market limitations.
“Through our U.S-based trading platform, and our growing network of partner exchanges around the world, Bittrex is making blockchain technology and digital asset trading more accessible to the global community.
Bittrex International and its subsidiaries will further advance our work to increase adoption of this revolutionary technology by streamlining the process of identifying and listing some of the world’s most innovative blockchain projects.”
Bill Shihara, Bittrex CEO
📌 More updates
EOS is now available for trading against $XRP, $LTC, $XMR, $DASH, $BCN after the upgrade process on HitBTC.
Lisk reports on the successful migration of Lisk Core 1.0 to its mainnet.
Bibox officially announces themselves as the first partnered exchange to list $GUSD (new Gemini USD-tied stablecoin).
Waves will discuss blockchain issues with Maltese government. Subject to discuss is the use of Waves in the government and corporate sectors.
💰Market Cap: $189 396 956 401
💵24h Vol: $11 937 192 324
📊 Prices TOP 12.09.2018
↗️↘️Bitcoin: $6 311,20
↗️↘️ETH: $173,95
↗️↘️XRP: $0,268682
↗️↘️BCH: $427,34
↗️↘️EOS: $4,85
↗️↘️XLM: $0,203664
↗️↘️LTC: $50,69
↗️↘️USDT: 0,99
↗️↘️MONERO: $101,67
↗️↘️ADA: $0,063736
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