CRYPTO COMPANIES NOT ENTITLED ANY MORE TO OPEN BANK ACCOUNTS IN SWITZERLAND
Heinz Tännler, head of the canton’s finances, highlights that several companies would be ready to leave and find other jurisdictions outside Switzerland if the government would not take necessary actions.
“All their banking relationships are going to Liechtenstein. These are hundreds of jobs that have been created, and every job is important.”
THE HOUSE JUDICIARY COMMITTEE THE FIRST MEMBER OF CONGRESS TO DISCLOSE OWNING BITCOIN
Bob Goodlatte, who chairs the House Judiciary Committee, owns as much as $80,000 in cryptocurrency according to his annual financial disclosure. His son is an angel investor in cryptocurrency trading platform Coinbase and publicly bullish on Bitcoin and has engaged in price speculation on the digital asset.
Between 45-day transaction reports and next year’s annual financial disclosures, there are several members of Congress who are likely to reveal cryptocurrency investments.
MORE THAN 3,500 BITCOIN ATMS WORLDWIDE
Cryptocurrency ATMs remain a popular medium for buying and selling cryptocurrency such as bitcoin. he data shows there are currently 3,503 bitcoin ATMs across the globe, as of press time. North America has the largest concentration of ATMs globally, with a whopping 2,594 bitcoin ATMs installed, followed by Europe where the United Kingdom and Austria dominate. About 99.9 percent of all the machines installed around the globe support bitcoin, while 52.7 percent support altcoins, with litecoin being the most popular.
AMAZON CLOUD EXEC TIM WAGNER JOINS COINBASE CRYPTO EXCHANGE
Coinbase, one of the most significant crypto exchanges with an approximative 1,300,000 USD daily income from trading fees announced the hiring of Tim Wagner as vice president of engineering on Monday.
Tim Wagner was a general manager of some Amazon Web Services business units before joining Coinbase. Brian Armstrong, the platform’s chief executive, wrote in a blog post.
“He’s aligned with our values, and he has deep experience with leading great technical organizations,” Armstrong said.