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Newsflash of October 07

Market Cap at 1:40 (UTC) – $221,227,066,020 billion 

Bitcoin dominance: 67.3 % 

BTC $ 8,211.35 (+2.26%)

ETH $178.86 (+2.4%)

XRP $0.275062 (+7.96%)

Liechtenstein passed the Blockchain Act

Liech

On October 3th, Liechtenstein’s Parliament passed the Blockchain Act which will be enforced on Jan, 1st , 2020. The Blockchain Act will allow the country to combat money laundering and protect the investors.

Hong Kong’s SFC published new crypto regulations

HK SFC

On October 4th, Hong Kong Securities and Futures Commission have published a new regulations exclusively for licensed corporations. The new regulations will stipulate on how much capital should a crypto fund maintains, having an independent custodian, etc

Paypal quits Libra’s Association

PayPal Libra Association Facebook

According to Reuters, Paypal has officially given up on Libra and refused to participate further in the project. However, Paypal remains supportive to the project and expect a possible corporation in the future.

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