Buying Gift Cards For Top Brands Using Bitcoin Cash

Many stores do not still accept direct cryptocurrency payments yet, but there are many work around this one of which is through the use of gift cards.

Bitcoin.com Store’s gift card section offers hundreds of premium branded cards to retailers, online services and restaurants which can be purchased with Bitcoin Cash.

There is a wide range of categories from sports apparels, digital gaming, food, home appliances and one can also spend Bitcon Cash for donation cards to enable someone to donate to charities they support.

Visitors of the site can top up their cards from $5 to $500 USD per card, they just need a name and email address to checkout and payment is done via Bitpay.

This service was made possible with Bitcoin.com’s Partnership with Egifter ,a company aiming to transform gif giving.

Token Taxonomy Law Reintroduced To Exempt Crypto From Securities Laws

It has been reported that the United States House of Representatives have reintroduced the Token Taxonomy Act.

The bill seeks to exclude digital currencies form being classified as securities by amending the Securities Act of 1933 and the Securities Act of 1934.

It was initially proposed last December by Reps, Warren Davidson (R) and Darren Soto (D) and has been revised to clarify the jurisdictions of the Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC).

Aside from these revisions it has also states a preemption provision that would supersede heavy-handed regulations like New York’s onerous BitLicense.

The bill was in response to the growing strength of digital asset markets and the blockchain industry in Europe and China, and the need to the U.S. to remain competitive in the space.

Coinbase Launches Visa Debit Cards For European Customers

It has been revealed that U.S.-based cryptocurrency exchange and wallet service provider Coinbase has recently announced the launch of Visa debit card in Europe.

This will enable customers in the U.K. and Europe to spend their cryptocurrencies directly from the Coinbase accounts.

According to their blog-post customers of the aforementioned jurisdiction will be able to spend their Bitcoin (BTC), ether (ETH), Litecoin (LTC) and other cryptocurrencies the same way they would using their balance in their bank accounts..

When a customer uses the card cryptocurrencies are automatically and instantly converted into fiat.
This new service offering will come with an application for iOS and Android devices enabling customers to select which cryptocurrency wallet they will use to fund their spending.

First 1,000 users who will register for the service will have their card issuance fee waived.

Bank CEOs Testify In US Congress About Banking, Blockchain And Cryptocurrencies

According to a news report online, several CEO’s from the Banking sector has recently been asked to testify before the U.S. Congress about the current state of the banking industry as well as recent innovations in fintech.

Their testimonies covers a wide range of topics such as what current development has been made in the banking industry as well as being asked about what they think of blockchain technology and cryptocurrencies.

Representative Warren Davison (R) have argued that the industry is entering into a new era of innovation, wherein blockchain technology is transforming exiting financial system as well as cybersecurity.

The US congressman also stated that the U.S. government is lagging behind other countries due to regulatory certainty issues.

Jamie Dimon, the CEO of one of the largest financial institution in the U.S. JPMorga Chase stated that blockchain will work overtime and will support cryptocurrencies as long as they are properly controlled and regulated.

Chairman and CEO of the Bank of New York Mellon, Charles Scharf, reveals that cryptocurrencies are very early in their existence and his company is still figuring out what they want to do with the new asset class as they are not yet significant in terms of being used as real currency and to move value.

CNBC’s Brian Kelly Believes Bitcoin Will Absolutely Hit $20,000

One of the Crypto analyst at CNBC and the Chief Executive of BKCM, Brian Kelly have stated that Bitcoin’s recent move above and beyond $5,000 is a resurgence and that December’s $3,150 low was likely the bottom for the bear cycle.

To back his claims he looked at the number of active addresses, a number which he sees a clear and fundamental signal of Bitcoin’s strength.

According to Kelly the number is up 26% since January with transaction numbers and hash rates has been exploding.

He also states that institutional investors are still loading up their bags with cryptocurrencies with the recent launch of Fidelity Investments’ institutional-centric platform as well as the recent highs seen on the CME Bitcoin futures contract.

He believes that the coming two years Bitcoin will without question see new highs over the next bull cycle and the block rewards halving will be a big marker for this move.

Headlines for the world of Cryptocurrencies - April 10, 2019 Upcoming Bitcoin Core Software Release To Support Hardware Wallet Connect To Full Nodes / Blockchain Technology Can Help Fight Human Trafficking According To British Royal and US Ambassador / Western Union Inks Partnership Deal With Coins.ph / PayPal Fee Structures Highlights the Need for Crypto and Bitcoin / Opera Upgrades Web browser To Support Cypto Wallet and Web 3.0
Headlines for the world of Cryptocurrencies - April 09, 2019 Tron To Collaborate With Ethereum In 2019 / Bitcon Adoption Is Increasing In Slovenia And Croatia / Famous eToro Bitcoin Trader Sees New Buying Crypto Cycle / Bitcoin, Bubble or Not There Has Not Been A Bubble That Popped Twice / Crypto Trend: Staking
Headlines for the world of Cryptocurrencies - April 08, 2019 Co-Founder Of Ethereum Calling On South Korea To Deregulate Crypto And Embrace Crypto / G20 Will Discuss Cryptocurrency Regulations In June This Year / Italy Sees Blockchain And Crypto Reinforcing Tourism In Its Country / Bitcoin Futures Volume In CME Group Hits New Record / Tron Post Impressive Growth Less than A Year Migrating To Its Own Mainnet