Nigerian Presidential Candidate Offer Bitcoin As Part Of His Platform
The former president and main opposition leader, Atiku Abubakar has recently made blockchain and cryptocurrency as part of his platform once he is elected president.
If elected he would see to it that cryptocurrencies and blockchain is taught from primary school through university.
Abubakar is just one of the 50 candidates vying for the presidential seat which will be held next year in February.
He is the People’s Democratic Party representative for the post.
According to reports he is a business tycoon who owns several companies across different industry such as agriculture, logistics, media and food and beverages.
He also served as vice president under the former government of Olusegun Obasnjo from 1999 to 2007.
When elected he plans to build knowledge-based economy powered by information and communication technologies, including blockchain and digital assets.
He emphasized that under his leadership the government will improve literacy in these technologies and will add this to current school curriculum so that students can learn them early on.
Bitex Launches In UAE
Residents of the United Arab Emirates (UAE) will be able to trade cryptocurrency using its own local cryptocurrency exchange Bitex.
The Dubai-based trading platform will initially support Bitcoin, Bitcoin Cash, Ethereum and Litecoin as its initial markets.
It has also released a wallet that offers an additional cash deposit service.
According to its Chief Executive Officer, Monark Modi, the exchange will provide multiple payments options which include bank transfer, credit cards and debit cards.
Users can also use the cash deposit service which allows users to schedule a cash pickup and funds deposited to the account within 24 hours time period.
Modi also states that it is the perfect time to launch the exchange due to the recent changes in UAE regulations that has laid the ground work for digital assets becoming more accessible in the country.
UAE is shaping up to be one of the go-to-place in the Gulf states.
It has become a hotspot for blockchain and cryptocurrency adoption.
The country aims to position Dubai as a leader in this global technology via its Blockchain Strategy.
It has also been reported that the country plans to release its own cryptocurrency by the year 2020.
Bitcoin $20,000 Possible In 2019 According To Bitbay Exec
The Chief Commercial Officer at Bitpay, Sonny Singh has recently remove the spotlight on the ongoing crypto market onslaught and emphasized bitcoin has gained status as a mainstream hot topic and brand.
He also suggested that proves the movement isn’t indicative of fundamental factors.
He mentions true price actions comes into play when Bakkt, Fidelity Digital assets, Blackrock and Square.
In the interview which was conducted by Bloomberg TV Singh states that he totally disagrees with the comment of Jamie Dimon’s comments that Bitcoin is fraud, citing Silvergate’s recent IPO announcement and Coinbase’s IPO prospect are indicators are here to stay and not fraud.
The Bitcoin price may go up and down however no one can deny that bitcoin is gaining traction.
The COO commented that JP Morgan itself may look launching a cryptocurrency related platform, product, or service to capitalize in a legitimate industry.
The Bitpay Executive predicts that by Thanks giving of 2019, a crypto ETF, Fidelity’s platform and influx of funding for startups will likely arrive by that time and the $15,000 and $20,000 price for BTC is not out of touch with reality if that happens.
Bitcoin Vouchers To Be Sold In French Tobacco Shops In 2019
A French cryptocurrency platform has recently announced that it has partnered with Tobacco ships in the country to start offering Bitcoin to customer beginning next year.
Keplerk has been reported to have more than 27,000 operators worldwide and claims to be the number on cryptocurrency network in point of sale.
Now the company has recently revealed that it has reached an agreement with over 10,000 points of sale in France including Tobacco shops that will enable them to sell crypto assets through Keplerks vouchers.
There are about 24,000 tobacconist in the country which also sell lottery tockets, credits for cellular phone service, music and video streaming services.
This new innovation from Keplerk will come as a new innovative source of revenue for Tobacco shops. Keplerk plans to finance the commercial venture by charging a seven percent commission fee on every purchase of.
According to Adil Zakha, the director of strategy and development at Keplerk they tobacco ships will be the first brick and mortar stores to sell Bitcoin anywhere in the world.
Blockchain Capital Partner States Bitcoin Still A Gigantic Opportunity
While mainstream media try to paint a very gloomy state of current cryptocurrency affairs, Joe Weisenthal of Bloomberg tries to bring back rational thinking to crypto’s current bearish state.
According to Weisenthal investors might have experienced an epiphany where in they have realized that old rules apply and you cannot just circumvent these rules just by forming a new type of capital formation-ICO.
The recent crack down on ICOs of SEC was recently seen as of the main reason of the current bearish sentiments.
Spencer Bogart, a partner at San Francisco-head quartered Blockchain Capital has another take on what is going on in the space.
He states that the bearish market condition the market is experiencing write now is just a byproduct of market cycles keeping in mind that the market just experience the largest crypto bull runs of all time.
He emphasized that bear market do bear things and the industry still presents gigantic opportunities.
He notes that programmable money, the ethos of Bitcoin and claim-to-fame is a multi-trillion dollar idea in and itself.
Headlines for the world of Cryptocurrencies - November 23, 2018Bitcoin Transaction Numbers Increasing Set To Beat Mastercard / Bakkt and Fidelity Will Bring Bitcoin Liquidity / V-Bucks From Fortnite Ranks Higher Than Cash On Teens’ Holiday Wish Lists / $3M Palazzo For Sale For Bitcoin Only / Bitcon Price Index Based On OTC Platform Released By VanEck |
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Headlines for the world of Cryptocurrencies - November 22, 2018Lawyer Downplays Effects Of SEC’s Recent ICO Ruling / Bakkt Futures To Launch Launch Next Year / Binance Invested In Little Known San Francisco-Based OTC Trading Desk / International Blockchain And Cryptocurrency Summit In North Korea / niTROn Innovation Summit Will Feature NBA Legend Kobe Braynt |
Headlines for the world of Cryptocurrencies - November 21, 2018KPMG Reports A Very Bullish Case For Cryptocurrencies / Crypto Mining Contribution Now Allowed According to US Election Board / EToro Sees Increase In Bitcoin Purchases / The Catalan Government Exploring The Blockchain For E-Voting / Ripple Partners With 5th Largest Bank in Southeast Asia |
