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Coinbase Wallet, Central Bank of Canada and Project Jasper, Musk and Bitcoin

10/24/2018
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The financial exchange can store cryptocurrency, the project of the Central Bank of Canada Jasper was successful. Elon Musk’s twitter post led to the blocking of the official account.

Coinbase Exchange will be cryptocurrency repository

One of the largest US trading platforms, Coinbase, received a permit for storage of popular cryptocurrencies ordered by customers. A document issued by the New York Department of Financial Services allows the site to provide custodial services.

The list of assets that customers can store using the exchange includes the most liquid coins - Bitcoin, Ethereum, Lightcoin and others. It is noteworthy that not all the assets Coinbase offered to trade earlier. So, Ripple now here can be stored on a special account. But with its help it was impossible to conduct trading operations.

Central Bank of Canada applies blockchain

The Bank of Canada, in partnership with the Toronto Stock Exchange and the National Payment System, is developing a new platform for recording trade and stock prices. Moreover, it will be based on the blockchain. It will allow directly unite the seller and buyer of the securities, bypassing the intermediaries in this chain.

The regulator acknowledged that the first tests of the Project Jasper system were very successful. Due to the integration of existing mechanisms and technological innovations, it is possible to reduce the speed of transactions and reduce overhead costs. Initially, the Central Banks negatively perceived the idea of the blockchain, and now they strive to make the most of its opportunities.

More about blolchain regulation here

Elon Musk and Bitcoins

A small scandal caused the picture on the official page of Elon Musk on Twitter. The billionaire posted an image with the words “Do you want to buy Bitcoin?”, For which his account was blocked. The administration of the resource decided that hackers came to the page.

Later it turned out that it was Musk who made this post. The community is arguing why the billionaire published this information. Perhaps this was a reaction to a message from one of the users, who had previously expressed willingness to buy a Tesla car for Bitcoins

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