Coinbase is one of the biggest cryptocurrency exchanges in the United States and now they are looking to expand across the globe with a new announcement published earlier this week. The US-based crypto exchange announced new services and features for high volume traders on both the Coinbase Pro and Coinbase Prime platforms. These traders will now be able to get access to cross-border wire transfers, over-the-counter trading desk and custodial services. Expanding European and Asian customers with high trading volumes on both Coinbase Pro and Prime will be able to use cross-border wire transfers to deposits money into their accounts. Certain customers on Coinbase Prime will also be able to access Coinbase’s Over The Counter trading desks as well as getting access to Coinbase Custody, the crypto exchange’s dedicated cold storage as a service platform. In addition to this, Coinbase has also said that hundreds of crypto-leaning hedge funds were launched over the past 12 months and many proprietary trading companies, family offices and endowments have begun to trade virtual assets like cryptocurrency. In the announcement by the exchange, they state: “Coinbase’s suite of products — Coinbase Pro, Coinbase Prime, and Coinbase Custody — serves these customers, along with other participants in the market, like asset issuers, exchanges and miners.” When will this be available? Customers based in countries which don’t have fiat rails has already seen the global wire transfer service go live. Inbound and outbound transfers will both be available by the exchange from non-US bank accounts using…
Source: Coinbase Announce New Services For Europe & Asia

We are pleased to bring you an exclusive interview with the Director of the Ethereum Classic Cooperative – Anthony Lusardi. Brian Wilson, the presenter of The Daily 2 series at Crypto Daily discusses a range of topics with Anthony in our latest extended video. We would like to thank Anthony Lusardi for giving us the time to complete this interview and of course for the incredible insight given throughout! Who is Anthony Lusardi? Anthony is the Director of the Ethereum Classic Cooperative (ECC): “Anthony has been contributing to the ETC community since the start. He will continue to support the community in a fair and open way, providing support to users and the ETC ecosystem. He wears many hats and is always available to help users and developers navigate ETC.” For those who don’t know, the ECC is the team that works alongside Grayscale Investments and other contributors to the Ethereum Classic network. According to their website: “In April 2017, Grayscale Investments, a digital currency asset management firm and a wholly-owned subsidiary of the Digital Currency Group, launched the Ethereum Classic Investment Trust (“ETC Trust”). Grayscale held the view that the market was underappreciating the value in Ethereum Classic as a global digital currency and smart contract payment platform that could power the Internet of Things. Through a traditional investment vehicle, the ETC Trust allows investors to gain exposure to ETC’s disruptive potential and invest in its growth and development.” Moreover: “The ECC is the entity overseeing the use of…
Source: Crypto Daily Exclusive! An Interview With ECC Director Anthony Lusardi

For those lucky few that bought Bitcoin early, it proved to be a very wise investment after the price of the cryptocurrency went through the roof at the end of 2017 to reach, and surpass $20,000. Nevertheless, despite the big gains from Bitcoin, last year saw the crypto sink near the bottom to a low of $3,500. There is a general thought process amongst crypto experts that Bitcoin won’t ever reach it’s all-time high ever again. Even so, the underlying technology in Bitcoin is blockchain which still offers a lot of promise for investors. If you happen to be thinking about investing in blockchain then you should look outside of the infinite Initial Coin Offerings and buy into those that are exploring blockchain as something else other than digital currency. Startups There are a lot of startups out there and if you are considering making an investment then it is probably a good idea to turn to the experts for advice. A lot of people have been counting their losses over the past year when the price of cryptocurrency sank to the lowest of the lows. Even so, venture capitalists have been looking into new ways to get in early on blockchain technology. In fact, venture capital investment in blockchain and cryptocurrency-focused startups nearly quadrupled last year, meaning it climbed from a total investment of $1 billion to $3.9 billion. In a similar way, the number of deals completed jumped from 211 to 384. Sequoia Capital’s $400 million investment in…
Source: What Makes Blockchain A Bigger Investment Than Bitcoin

For bitcoin idealists, the coming utopia for global finance stars bitcoin dismantling the fiat hegemony, empowering citizens to own their money without central bank mediation, and facilitating borderless trade. Credited to Satoshi Nakamoto Institute co-founder Daniel Krawisz, hyperbitcoinization is a term which describes bitcoin coming to dominate the global currency basket through mass adoption. Also read: Romania Imposes 10% Tax on Cryptocurrency Earnings Fiat Currencies in Race to the Bottom Should hyperbitcoinization occur, it will almost certainly be fast-tracked by bad policies. While some countries are clearing the turf for cryptocurrency through soft touch regulation, others are unwittingly doing the same by failing to contain inflation and maintain liquidity, culminating in a breaking point where citizens will be forced to take back their financial freedom through alternative currencies, primarily bitcoin. In Zimbabwe, Venezuela and Sudan, fiat currencies are in a race to the bottom, prompting governments to implement dubious policies to stop the rot. But the invocation of special powers by presidents, price controls and surrogate currencies also compete with sanctions, bad governance and other structural factors that render government fiscal control efforts futile and deny citizens control of their money. The humanitarian failures of fiat money can be seen in Venezuelan families being forced to buy rotten meat for consumption and give up their children for adoption in the face of a shortage of basic commodities. Such tragic cases impress an urgent case for an alternative currency that is not vulnerable to the whims of central banks. In Zimbabwe, government policies have…
Source: Governmental Overreach in Developing Nations Will Hasten Hyperbitcoinization

The upcoming European fintech forum event to take place in Pairs calls for all the participation of all key players in the international fintech industry. The forum is to take place on the 29th and 30th January with huge payment processing companies such as SWIFT and Ripple expected to be there. There will also be some selected number of speakers at the event including the CEO of Ripple, Brad Garlinghouse and the SWIFT CEO, Gottfried Leibbrandt. The two were both selected as speakers to discuss the future in the fintech industry. Rumours surfaced regarding SWIFT executives who have been getting shaky in regards to the participation in the upcoming event but not due to stage fright. Executives were apparently getting cold feet because of the continuous competition between the two companies. Don’t be mistaken, this isn’t a ‘David and Goliath’ situation, it’s more like, ‘Goliath and Goliath’. SWIFT has been a big player in the payment processing game and controlled more than 70 percent of the division’s payments. This was until Ripple got involved. The operations Ripple undergo are basically through blockchain technology which offers faster and cheaper means of cross-border payment processing. As reported by ZyCrypto, this places them in competition with each other, with SWIFT fighting not to lose ground to Ripple. Speculation came out months ago that the two would shake hands and get on with their business, but this never happened. Even though the two fintech firms are competitors, it wasn’t so stiff until the CEO…
Source: Paris Fintech Forum 2019 – Will SWIFT Walk Away From Ripple?

The famous founder of McAfee antivirus software, John McAfee is a well-known supporter of cryptocurrency and is going to continue his previously announced plans to run for the United States presidency in 2020. This was initially announced back in June last year with the news being a surprise to many people and some were left wondering whether McAfee was for real or not. Recently though, McAfee is showing us that he and his supporters are already preparing for the campaign. In addition to this, he announced that his campaign will run while he is in ‘exile’. The reason for this is that he is currently on the run to avoid felony charges brought to him by the IRS. A lot of people were confused by the situation didn’t realise how McAfee plans to run a campaign while stuck on his ’freedom boat’. He saw a lot of people ask him similar questions on his Twitter and so to answer them, the antivirus founder posted a video which you can watch below: How we will run my campaign in exile: pic.twitter.com/evqxZQRTxH — John McAfee (@officialmcafee) January 23, 2019 As he says in the video, McAfee’s supporters are creating thousands of masks of his face which they will wear during public gatherings. The masks will be used to represent his physical presence during these events with his masked supporters following his instructions which are to be provided to them in the future. On top of this, McAfee’s supporters will be split into…
Source: ‘Exile’ Won’t Stop Bitcoin Celeb John McAfee Running For President