#CryptoCorner; Tangem Launches Physical #Bitcoin Banknotes in Singapore, South Korea Considers Central Bank Digital Currency and Portugal Eyes Regulation
#CryptoCorner; Tangem Launches Physical #Bitcoin Banknotes in Singapore,
South Korea Considers Central Bank Digital Currency and Portugal Eyes
Regulation
Point Roberts, WA, Delta BC – May 4, 2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner.
By Samuel Mowers at Investorideas.com
Read in full at http://www.investorideas.com/news/2018/crypto-corner/05041SingaporeSouthKoreaPortugal.asp
Tangem Launches Physical Bitcoin Banknotes in Singapore, South Korea
Considers Central Bank Digital Currency and Portugal Eyes Regulation
Tangem, a “smart banknote platform”, has launched
physical bitcoin banknotes at the Megafash Suntec City store in Singapore. “Tangem Notes” are available in 0.01 BTC and 0.05
BTC denominations, or $97 USD and $483 USD respectively. According to a press release:
“...Tangem
Notes radically improve the simplicity and security of acquiring, owning, and
circulating cryptocurrencies for both sophisticated and incoming users.
Based on a
recently developed S3D350A chip from Samsung Semiconductor, Tangem Note is the
first hardware storage solution on the market with its entire electronics and
cryptography certified to the Common Criteria EAL6+ and EMVCo security
standards.”
The Korea Times reports that
the Bank of Korea (BOK), South Korea’s central bank, is considering the
possibility of creating a central bank digital currency (CBDC).
“"A
taskforce has been studying the possibility of issuing a CBDC and how digital
currencies will influence the country's overall financial sector since January.
We will announce updates on this issue by the end of June," the bank said
in a statement Wednesday.”
The Portuguese
Parliament is discussing regulation of the cryptocurrency market this week
according to local outlet Jornal de Negócios. The piece
outlines the government’s aims in creating a legal framework to facilitate
growth in the sector while protecting consumer (roughly translated):
“"The
regulation of certain aspects, which until now has not been regulated, will
allow the expansion of new types of payment services, contributing to a legal
framework that allows to accommodate innovation, to the benefit of consumers,
and to promote competition," argues the Government, adding that the new
law "will also allow to enshrine a set of rules aimed at ensuring the
security and transparency associated with the provision of electronic money
payment and issuance services."”
Crypto Corner Sponsors:
Flip™ is the creation of Fit Pay, Inc., a leading provider of
cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD).
By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders
to seamlessly exchange their cryptocurrency for US dollars and store that value
on a contactless payment device that can be used to make purchases at millions
of retail locations. https://www.fliptopay.com/
Investorideas.com is a leader in Blockchain content
with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com
Join our LinkedIn Group Blockchain
and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
Disclaimer/Disclosure: Investorideas.com is a digital
publisher of third party sourced news, articles and equity research as well as
creates original content, including video, interviews and articles. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Our site does not make recommendations for purchases or
sale of stocks, services or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All
investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
not compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter is sponsored content by
featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Cryptocurrency Disclaimer
Investorideas.com news content is not
meant to be a solicitation to buy or sell cryptocurrencies and
Investorideas.com does not directly sell cryptocurrencies; but acts as a news
and research resource for interested investors following the blockchain sector.
Contact Investorideas.com
800-665-0411
Comments
Post a Comment