5 Major Crypto Events Which Took Place In The Past Week, March 1-8 2019

Several events took place in the course of the just concluded week. However, we will only be highlighting five of these events in this report.

Tron Partners With Tether to Launch TRC20-Based Stablecoin

According to a recent report, the 7th most valuable crypto asset by market cap, Tether (USDT), which is presently in competition with newer stablecoins is set to launch a newer version which is based on the Tron network (TRC20). This partnership is expected to help enhance the development of Tron’s and to make the network more accessible to enterprise-level partners and institutional investors. The latest TRC20 based Tether version is set to be activated by early Q2 2019.

Gibraltar Exchange to List Bitcoin Cash Fiat Trading Pairs

A recent report has revealed that trading pairs of bitcoin cash (BCH) versus fiat is set to be listed by a regulated digital asset exchange which is also Gibraltar insured. This means that users of the platform will soon be able to trade bitcoin cash (BCH) against the British pound, the Euro, and the U.S. dollar. The platform also features fiat onboarding capabilities. The new bitcoin cash fiat trading pairs are BCH/USD, BCH/GBP and BCH/EUR, as well as trading pairs with BTC and ETH.

Venezuelan Government Launches Crypto Remittance Service

The government of Venezuela now offers a virtual currency remittance service. The service was launched by the country’s main crypto regulator, the Superintendency of Crypto assets and Related Activities, which also set a monthly limit and a commission per transaction.

BNB Beats XLM and TRX to 8th Place on the Global Marketcap

The popular Binance exchange’s native coin- BNB has been on a steady rise to the top, irrespective of the overall downtrend the market is currently in. The coin has so far jumped to the 8th position on the global market cap. The coin took out XLM and TRX to get to this position

Nasdaq’s Tokenizing Platform In Trial, Product Manager Confirms

Nasdaq is quickly adapting to the continuously expanding blockchain industry. The exchange is currently testing its blockchain focused Tokenizing platform. The platform will aid the immediate issuance of shares via the blockchain.

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