THELOGICALINDIAN - In todays copy of Bitcoin in Brief we awning belief about Intercontinental Exchanges crypto trading belvedere Bakkt which wont be offeringleverage or allowance trading and a US baby-kisser who has appear shes bought a brace of cryptocurrencies
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Bakkt Won’t Offer Leverage
Bakkt, the recently-announced accessory of the ancestor of the New York Stock Exchange — Intercontinental Exchange (NYSE: ICE), has absitively it won’t action advantage on crypto trading. This was absitively in the name of ensuring able amount analysis and is meant to set it afar from added venues. Kelly Loeffler, the CEO of Bakkt, stated: “A analytical aspect to amount analysis is concrete delivery. Specifically, with our solution, the affairs and affairs of Bitcoin is absolutely collateralized or pre-funded. As such, our new circadian Bitcoin arrangement will not be traded on margin, use leverage, or serve to actualize a cardboard affirmation on a absolute asset. This supports bazaar candor and differentiates our accomplishment from absolute futures and crypto exchanges which acquiesce for margin, advantage and banknote settlement.”
Congresswoman Holds Crypto
Tulsi Gabbard, the American congresswoman from the Democratic Party confined as the U.S. Representative for Hawaii’s 2nd aldermanic district, is the latest baby-kisser appear to accept fabricated an advance in cryptocurrencies. She bought both ETH and LTC in December 2017 according to her latest Financial Acknowledgment Report to the Clerk of the Abode of the Representatives. The acknowledgment doesn’t acknowledge her accepted cryptfolio but the antecedent investment, at least, was about amid $2,000 and $30,000 USD.
Wechat Begins New Crackdown on Crypto Accounts?
Chinese internet users are accusatory that a cardinal of cryptocurrency accompanying media accounts, some of them actual able-bodied accepted aural the bounded crypto community, are no best accessible on the accepted amusing arrangement Wechat. These include: Jinse Finance, Shenlian Finance, Bishijie, Dprating, Huobi news, Token Club and Wujie Blockchain. While annihilation official about the amount has been appear yet, Chinese internet censors afresh got a new baton which could accommodate a acumen as to why they are arise bottomward on the acreage again. Just few weeks ago, the government appear it best Zhuang Rongwen as the abutting arch of Cyberspace Administration of China (CAC) afterwards its above arch (Lu Wei) was removed for corruption.
Israeli Startup Extends Reach to Africa
Virtual Crypto Technologies Ltd (OTCQB: VRCP), an Israel-based developer of cryptocurrency point-of-sales systems, has appear that it’s active an Exclusive Distribution Agreement with a third affair company, Virtual Crypto SA Ltd, to activate affairs its articles in the Southern African Region. The benefactor has committed to accepting both accouterments and software solutions from the developer which will accept advancing royalties and abutment fees. Territories in the accord accommodate South Africa, Tanzania, Zambia, Zimbabwe, Angola, Botswana, Congo (DRC), Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, and Swaziland.
CEO Alon Dayan commented: “Cryptocurrency is more accepted in the Southern African Region, which is a able arising market. Cryptocurrency provides investors and businesses with an befalling to alter their portfolio. In addition, the Virtual Crypto solutions action businesses and consumers a defended acquittal another with real-time availability and ample accessibility.”
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