#CryptoCorner: Coinbase May Have to Remove DApp Browser from Apple (NASDAQ: $AAPL) App Store, China’s First #Blockchain ETF Application, Huobi Launches Fiat-to- #Crypto Gateway in Indonesia
Point Roberts, WA, Delta BC December 30, 2019 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market.
Listen to today’s Crypto Corner Podcast:
Read this in full at https://www.investorideas.com/news/2019/crypto-corner/12301Coinbase-AAPL-China.asp
Stocks discussed: (NasdaqGS:AAPL) (NasdaqGS:FB)
A recent Reddit post revealed that U.S. crypto exchange giant Coinbase may have to remove its “DApp browser functionality” of its crypto wallet app from the Apple (NasdaqGS:AAPL) mobile app store. The CEO of Coinbase, Brian Armstrong, responded in the comment section:
“Coinbase CEO here. This is really unfortunate to see. Apple seems to be eliminating usage of Dapps from the App Store.
If Apple customers want to be able to use Dapps, we may need to make this request know to Apple in some way. This is an important area of innovation in finance, and many developers and early adopters of this technology have millions of dollars worth of crypto tied up in these financial applications, which they will no longer be able to use on Apple mobile devices if this app store policy continues.”
Reuters reports that Ueli Maurer, Switzerland’s finance minister and outgoing president, said in an interview with Swiss broadcaster SRF that Facebook’s (NasdaqGS:FB) Libra will not succeed as it currently stands.
“I don’t think (Libra has a chance in its current form), because central banks will not accept the basket of currencies underpinning it.”
According to the article:
The cryptocurrency is to be backed by a reserve of assets such as bank deposits and government debt held by a network of custodians. That structure is meant to foster trust and avoid the price swings that plague other cryptocurrencies.
A report from Shanghai Securities News indicates that the China Securities Regulatory Commission (CSRC) has recently received an application for a blockchain exchange-traded-fund (ETF) from asset manager Penghua Fund. If approved, the ETF will be the first of its kind in China. Its aim is to track Shenzhen Stock Exchange-listed companies operating in the blockchain space. An unnamed “fund manager of a Beijing fund company” said:
"The launch of the relevant index gives investors new choices, and they can use the relevant theme funds to obtain dividends in the development of the blockchain industry in the future."
Crypto exchange Huobi recently announced the launch of “a local fiat gateway to enable a direct fiat-to-crypto trading facility between the Indonesian Rupiah (IDR) and Tether (USDT)”, allowing investors in the country to “use the local fiat currency to trade over 250 cryptocurrencies available on Huobi Indonesia's digital asset exchange”. David Chen, Senior Director of Huobi Cloud, explained:
"The new fiat gateway is part of Huobi's global expansion strategy and reflects our ongoing commitment to working with strong local partners in key markets across the globe. By continuing to add new fiat/crypto pairs for Huobi Cloud 2.0, we want to make it frictionless for investors anywhere in the world to trade digital assets on a trusted and proven platform."
Sam Mowers, Investorideas
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto Corner is an Investorideas.com content brand
Contact Investorideas.com
800-665-0411
No comments:
Post a Comment