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Crypto exchange Coinbase has announced that it is now offering “instant withdrawals” to Debit cards, enabling cryptocurrency users to easily covert their crypto balances into fiat and spend their funds using their respective VISA cards.
According to reports, On March 9, Representative Paul Gosar (R-AZ) introduced the “Crypto-Currency Act of 2020,” a bill that looks to choreograph a wide range of digital assets to answer to the appropriate regulator.
When the tokens are not being sold as investment contracts, however, they are not securities at all. Tokens sold for use in a functioning network, rather than as investment contracts, fall outside the definition of securities”..
The Securities and Exchange Commission seemingly try to legitimize the industry, their decisions sometimes seem to indicate otherwise. In a new post, the agency is looking to run full network nodes for multiple cryptocurrencies. Some interesting projects are on this list, although the bigger goal remains rather unclear.
The South Korean National Assembly unanimously voted in favor of a bill on Thursday that provides the regulatory framework for cryptocurrencies, exchanges and crypto-related platforms. The approval of the amended Special Financial Transactions Information Act signifies the legalization of cryptocurrency trading and holding in the country. It marks one of the world’s most comprehensive legal frameworks for the emerging industry.