Own coins by JPMorgan and Mizuho Financial Group, concerns about the crypto adoption, Solidus Labs to beat crypto manipulation, Bitmain's novelty, yen as the most traded currency for BTC, Visa and Mastercard taxes update, Craig Wright's surprise and MEW crypto-to-fiat swap without KYC
- Mizuho Financial Group, an entity of 60+ banks with 56 mln users altogether, is going to launch own digital currency in March. The initiative is designed to decrease the role of third-party service providers and, thus, to leverage the tax situations.
- New Globant report reveals businesses’ adoption of blockchain is still a work in progress. Many firms have considered using blockchain technology to streamline processes in their business; however, a recent study by software development firm Globant shows that most of these companies are not prepared for it.
- Solidus Labs, a team of former Goldman Sachs engineers, a startup developing SaaS-app to tackle crypto market manipulations, has raised $3 mln.
- SEC should make a decision on CBOE-VanEck Bitcoin ETF in 41 days. On April 5th, 2019, the SEC will have to announce their decision to either approve, deny or extend the decision-making period on Cboe/VanEck/Solid X’s Bitcoin ETF.
- Bitmain will release a new 7-nanometer chip for mining Bitcoin. According to Bitmain, the mining chip BM1397 is more than 29% efficient when mining PHO coins (by 29%), and the new chips will be installed in the latest Antminer series devices.
- JP Morgan is going to launch own digital currency, even though the CEO used to sniff at crypto. The JPM coin is to be the XRP rival. However, the case is being bashed with critics: from claims that this is pumping the BTC price to concerns whether the asset can be called ‘cryptocurrency’ at all.
- Visa and Mastercard are planning to increase transaction fees. The extra fees will be levied on the US merchants for processing transactions starting April this year. The community believes this is positive news in terms of crypto adoption.
- Craig Wright is ready to affirm under oath that he is Satoshi Nakamoto. In his official letter to CFTC, he explained that he decided to expose himself because of ‘amount of misunderstanding and fallacious information’ around bitcoin, but he created ‘his’ invention to combat the mess.
- MyEtherWallet users now can swap ETH and BTC to euro and Swiss francs directly from their wallet without KYC procedure. It is powered by the Bity platform.