BitDigest April 13 · Issue #635
- Bitcoin not holding $7,000 as crypto pricing weakens over weekend
- The EU has proposed expanding the definition of ‘virtual assets’ and recommends developing a pan European AML watchdog
- Gibraltar plans to add new regulations to oversee blockchain companies
Fintech Companies Assisting Americans with CARES Act
As many people, myself included, had hoped, the US Government is turning to fintech companies to help provide coronavirus relief under the CARES Act. Both PayPal and Square issued statements explaining how they are assisting Americans to receive their assistance packages.
PayPal (NASDAQ: PYPL) announced it has been approved by the Small Business Administration (SBA) to provide access to small business loans under the Paycheck Protection Program.
Through its Cash App, Square (NYSE:SQ) said that customers were able to receive their $1,200 stimulus payments directly into their Cash apps and that customers had already begun to receive them.
The Headlines
EU Identifies Regulator Concerns for Digital Assets
Gibraltar to Add Crypto Regulations in Response to FATF Recommendations
Chinese Government Seeking Feedback as it Views Data as 'Strategic Resource"
WEF Report Highlights Interoperability of Blockchains
Prosecutors Unseal Indictment and Judge Orders Lead Plaintiff to Respond to Court in OneCoin Trials
Fake Satoshi Accused of Plagiarizing Thesis
Market Data
Bitcoin SV's Hashrate Crashes Following Halving
Miners Optimistic on Crypto Prices
$1 Billion BTC Moved for Less Than $0.70
Chinese Updates Blockchain Ranking Report
Exchange, Custody and Product News
HTC Introduces Mobile Phone Mining
Binance Launches Bitcoin Options
Huobi Korea Halts XMR Trading
Thoughts on the Ecosystem
Gold to Outperform Bitcoin
Use the Brave Browser to Protect Yourself
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