#CryptoCorner: Google (Nasdaq: $GOOG) Lifts Ban on ETH Browser Extension MetaMask, Former Barclays (NYSE: $BCS) Head of Technology to Launch Digital Banking Venture
Point Roberts, WA, Delta BC January 3, 2020 - 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 .
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Stocks discussed: (NasdaqGS:GOOG) (NYSE:BCS) (NYSE:MA)
According to a recent tweet, MetaMask, an Ethereum (ETH) browser extension, has been unbanned by Google (NasdaqGS:GOOG), and can now be downloaded from the Google Play store. The tweet reads:
Happy New Year! Upon careful consideration, Google has permitted The MetaMask mobile app back on the Google Play (Android) store! Thanks to all the believers in an open web for speaking out in our support!
“…a bridge that allows you to visit the distributed web of tomorrow in your browser today. It allows you to run Ethereum dApps right in your browser without running a full Ethereum node.
MetaMask includes a secure identity vault, providing a user interface to manage your identities on different sites and sign blockchain transactions.”
Fintech Futures reports that the former head of technology at Barclays (NYSE:BCS) and former co-founder and chief technology officer at Starling Bank Mark Hipperson is planning to launch a digital banking venture called Ziglu this year. Ziglu will enable clients to transfer funds between crypto and fiat currencies, and spend crypto using a Mastercard (NYSE:MA) debit card. An excerpt from the official website reads:
With Ziglu you can hold multiple (traditional/foreign and digital) currencies in a single account. You can buy and sell foreign currency at interbank rates, and buy or sell crypto at the best price across multiple exchanges – guaranteed. No more complex transactions, and no more rip-off rates or fees. You can also spend any currency you hold – including crypto – instantly anywhere using your Mastercard debit card.
Open-source blockchain project Electra announced that its flagship crypto payments gateway project, ElectraPay, will begin pilot testing this month. An excerpt from the blog post outlines the project:
In addition to being an alternative payment method, there are many unique features built into ElectraPay. Currently, this includes the capability to create payment rules such as fees and commissions, with plans to integrate additional features such as an affiliate management system. These unique features allow ElectraPay to stand out from typical financial management systems that lack these capabilities.
Cointelegraph reports that the government of South Korea is eyeing legislation for crypto taxation. The country’s Ministry of Finance said:
"In the case of a corporation's virtual currency transaction, all transactions that increase the entity's net assets are subject to taxation under the current law, so it is taxable, but it is practically impossible to produce tax revenue results by distinguishing only virtual currency transactions."
Sam Mowers, Investorideas
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