Greetings, friends! A selection of news for those who want to stay abreast of the latest events of the crypto and blockchain world!
Binance Officially Launches Its 2.0 Platform With Margin Trading
Top crypto exchange Binance has launched its margin trading platform. Margin trading support is being hosted alongside Binance’s legacy platform as part of a new, version 2.0 platform. Version 2.0 of Binance also features “an advanced trading engine for better order matching and press indexes for margin level calculations to enable lower liquidations.”
Though the current cryptocurrency market and legacy platforms for margin trading poses greater risks and benefits at the same time, we are confident that its development coupled with more knowledge on proper risk management will help realize greater benefits in the long run.
Opera’s Android Built-In Crypto Wallet Now Supports Bitcoin, Tron
Opera has added support for Bitcoin and Tron blockchain-based tokens to the crypto wallet for Opera for Android (version 53 beta). The internet browser developer revealed that users of Opera for Android can now send and receive BTC, TRX and TRC-10 standard tokens and that webpages can also request and receive addresses for users to complete transactions with BTC.
Opera has incrementally rolled out multiple developments of Web 3.0, wallet and decentralized application (DApps) interactions for its suite of browsers.
Turkey Puts Central Bank Digital Currency on New Economic Roadmap
The government of Turkey has included a central bank-issued digital currency in its 2019–2023 economic roadmap. In addition to a central bank digital currency, the development plan lists blockchain adoption in the operations of transportation and customs.
We are planning to start our own work on digital currencies. We place high importance on digitalization.
Russia May Postpone Implementation of Cryptocurrency Law
Anatoly Aksakov, head of the State Duma Committee on the Financial Market revealed that Russia’s digital financial assets law has been practically agreed upon but it may be postponed to autumn because the authorities have been unable to reach a concrete agreement on how bitcoin and altcoins should be handled in Russia.
It is necessary to write in the legislation what cryptocurrency is. Then there is a fork in the road: we forbid Russia to organize infrastructure for the acquisition and sale of cryptocurrencies or allow it.
Bitcoin Price Slips 10% in 24 Hrs as Fed Raises Facebook Libra Concerns
Bitcoin price shed more than 10% on July 11 as markets appeared to react to criticism of Facebook’s Libra from a senior United States lawmaker. Libra, which aims to act firstly as a cross-border payment method, allegedly buoyed Bitcoin throughout recent weeks, with commentators arguing its public profile was driving publicity and uptake of Bitcoin itself.
Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability. These are concerns that should be thoroughly and publicly addressed.
Thank you for attention! See you in the next digest.