Crypto advocates are buoyed after one of the latest aired episodes of ’The Simpsons’ featured Jim Parsons of Big Bang Theory appearing as a guest star to explain cryptocurrencies and how a blockchain works. ’Each day I’m closer, to being the cash of the future. Not in your wallet, I’m in your computer!’, an animated ledger stated in a song and dance sequence.
Malta’s financial regulator, the Malta Financial Services Authority (MFSA), has stated that it has never approved major cryptocurrency exchange platform Binance to operate in the island nation. The watchdog stated that Binance stating that it’s a ’Malta-based cryptocurrency’ company is factually false. Binance CEO dismissed this saying Malta is not the official headquarters.
The Brave browser has submitted a request to the UK Competition and Markets Authority requesting to put an end to Google’s monopoly, at least in the UK. In the letter, Brave emphasized how UK authorities need to enforce GDPR as quickly as possible. If GDPR is enforced correctly, the ’pay per impression’ ads market will be affected.
An Irish drug dealer has claimed that robbers took the keys to the $56 million in Bitcoin (BTC). The Criminal Assets Bureau (CAB) had confiscated 12 accounts of Clifton Collins holding the BTC with each holding 500 BTC, but cannot access the accounts as the codes were allegedly stolen. Clifton Collins is convicted of selling marijuana and using the proceeds to buy Bitcoin.
E-commerce giant Shopify has become the newest member of Facebook’s Libra Association. Shopify coming on board is a shot in the arm for Libra which has lost some of its members, including heavyweights such as eBay, Stripe, Visa, and Mastercard in recent months. Shopify stated that a large part of the global financial infrastructure was not designed to cater to the needs of internet commerce.