Binance exchange has achieved significant things in 2020 and it is now ending the year with a cryptocurrency-backed Visa payment card. This has made it to be among a few firms that are offering digital currency cards.
Cryptocurrency industry becomes less decentralized and anonymous and more regulated and controlled. Government authorities require crypto exchanges to disclose transaction data of their customers. And the exchanges seem to be quite collaborative in these terms.
The COVID-19 global pandemic has forced teams to work from home regardless of what their roles are, while some companies simply suspended operations. The crypto industry, already popular for remote working, is embracing it, but what lies ahead of us should the pandemic come to an end?
The American cryptocurrency exchange Coinbase together with Bitcoin (BTC), the world’s leading digital asset by market cap, are helping the Hurricane Dorian effort. The hurricane that happened on August 24, caused catastrophic damage to Grand Bahama and Abaco Island, with at least 70,000 people left homeless and also brought a loss of about $7 billion to the nation.
The California based cryptocurrency exchange Coinbase might move all digital asset accounts belonging to European users to another reliable and accredited entity operating within the EU in the event of a no-deal Brexit.
Following Coinbase’s roll out of Bitcoin Cash (BCH) back in December 2017, United States District Judge of San Francisco, California, Vince Chhabria, has made a final verdict and advised the users to go on with a “negligence suit” if they want to do so. The California based cryptocurrency giant could face negligence suit for illegally adding BCH, the world’s fourth cryptocurrency by market capitalization.