Cryptocurrency

Wyoming (WY) is now the first U.S. state to give authority and direct property rights to all digital currency owners by passing second & third Senate appraisals of Bill SF0125. After that, the bill will head to WY Governor Mark Gordon and its thought it could turn into law very soon – probably next week.

Italy is open to innovations and cryptocurrency adoption due to its security and decentralized nature. Indeed, the only way one can get access to crypto funds is possessing an alphanumeric private key.

JPMorgan will start providing the first U.S bank-banked crypto, named “JPM Coin”, in order to push its massive universal transactions as part of its extensive wholesale payments business.

The e-commerce sector in Italy is expanding. According to the 2017 statistics, nearly half the total number of Internet users in the world have purchased something online at least once. This trend seems to be popular in China, the USA, Germany, as well as in Italy.

The authority responsible for the regulation of the blockchain and cryptocurrency industry, known as the National Superintendence of Cryptos Related Activities of Venezuela, SUNACRIP, recently released regulations dealing with the sending and receiving of remittances in digital currency friendly nations within the South American continent. The authoritative instrument was publicly published in the Official Gazette 41,581 on Feb 7 this year, DiarioBitcoin reports.

The famous cryptocurrency exchange Coinbase, based in the US, has officially announced encrypted storage support for their official Coinbase Wallet seed or private keys on iCloud and Google Drive. The announcement was made on Tue Feb 12.

After the hack that saw over $16.2 million illegally stolen from New Zealand’s hacked cryptocurrency exchange, police in New Zealand has given the go-ahead to Cryptopia, a crypto exchange that was recently hacked, to reopen and start operating at any time it's ready, according to a report on Wed February 13, 2019, by the New Zealand Herald, a local news outlet.

The overall insight of Bitcoin’s privacy has changed in the direction of more emphasis on advancing it as the market for privacy-oriented digital currencies propagates, and increasing attack vectors for deanonymizing customers are exposed. Bitcoin Crypto users at large may, very soon, be able to benefit from a new trick popularly known as “Taproot.”

The Commissioner of the US Security and Exchange Commission (SEC), Hester Peirce, aims at opening the SEC to innovation, invention and entrepreneurship. Of late, the leaked interviews of Hester gave the crypto industry hope for Bitcoin (BTC) exchange-traded fund (ETF) approval. Hester, also known as the Crypto Mom, calls for an innovative and improved regulatory framework which is more malleable to the cryptocurrency field.