eBay launches a rewards program for its millions of users to earn 1% of their purchases in Bitcoin. The crypto community wonders if Queen Elizabeth II has any bitcoins after showing interest in blockchain. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
📍 The online auction giant, eBay, was associated with Lolli, a shopping app on cryptocurrencies, , to offer a rewards program in Bitcoin (BTC) to its more than 120 million users. According to the release According to a report by Lolli, users who shop on eBay through the app will be able to earn “free bitcoins on over a billion listings” and deals posted on the platform. The rewards in Bitcoin will be 1% of the total purchases made on eBay.
The online auction giant's partnership with the cryptocurrency shopping platform comes just days before the long-awaited Black Friday, when millions of people around the world purchase products with special discounts online.
📍 Queen Elizabeth II received a copy of the sixth edition of the Journal of the British Blockchain Association, supported by the CEBB Blockchain Center, showing interest in what this technology is, so she decided to send a letter of thanks to Naseem Naqvi, president of the British Blockchain Association, who shared in your LinkedIn account.
The reaction of the crypto community was not long in coming, and hundreds of comments began to appear on Twitter wondering How many bitcoins will the queen have? Binance CEO Changpeng Zhao was one of the first to ask this question, and while it is not known whether or not the queen has bitcoins, Twitter has been flooded with comments about it.
📍 CNBC's Mad Money host, Jim Cramer, also shares the crypto community's positive view of Bitcoin as a store of value investment asset. Cramer claims that BTC will surpass $20.000 USD by the end of 2020, and also claims that as a store of value asset it is a "great alternative to gold."
Cramer made these statements during a podcast with Anthony Pompliano, and recently confirmed it on his official Twitter account, stating that it is not too late to enter the incredible world of Bitcoin.
📍 Binance, exchange The world's largest exchange by trading volume, has asked US customers and users to exit the platform as soon as possible, giving them a maximum of 14 days to withdraw their funds from the exchange, counting from the notification sent by email. Funds of US customers that remain on the platform after the maximum period will be blocked.
Binance's direct action is taking place because the exchange does not comply with all the regulations established in the country, so it cannot yet offer its services to US customers. It should be noted that the actions correspond to Binance, and not to Binance US, which is regulated by US regulations although it cannot provide services in all states of the country.
📍 Coinbase, the world's second-largest exchange by trading volume, is also taking strong decisions to comply with U.S. regulations. Coinbase posted a blog post release to inform its US clients about the closure of margin and leveraged trading operations, due to its inability to comply with the guidelines imposed by the CFTC for these operations.
📍 Stellar (XLM), a cryptocurrency designed to enable cross-border transactions in fiat and crypto and vice versa, launched a new version of its protocol, Protocol 15, which includes new features and better services for users.
Immediately after this announcement, the value of the XLM cryptocurrency on the markets began to rise rapidly, reaching a value of $0,22 USD and a market cap of $4,7 billion at press time. XLM grew by more than 60% by the day of its developers’ announcement.
📍 In Africa, the regulatory environment around cryptocurrencies and digital assets continues. Now, 3 days after the South African MFSA will announce A regulatory framework for cryptocurrency service companies, Nigeria's Ministry of Finance is discussing with the country's Securities and Exchange Commission (SEC) the implementation of regulations that regulate both cryptocurrencies and the technology blockchain.
The news was revealed by a local intelligence outlet, which reported that Nigeria's finance minister is supporting the SEC's decision to regulate the crypto space in the country, according to information given by Armstrong Takang, special ICT advisor to the finance minister. Nigeria is the largest economy in Africa, and the country with the greatest interest in learning about Bitcoin worldwide. and cryptocurrencies, as shown Google Trends.
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