Here is a summary of some of the select stories on cryptocurrency and blockchain during the past 24 hours.
Serena Williams Invests in Cryptocurrency Exchange Coinbase
Serena Williams, the world famous tennis player, revealed her investment in major cryptocurrency exchange Coinbase. In an Instagram post, Williams said her investment business Serena Ventures has invested in over 30 companies including Coinbase. The investment fund, which started in 2014, focuses on early stage companies.
RBI's Fintech Regulatory Sandbox Allows Blockchain, Excludes Crypto Startups
The Reserve Bank of India or RBI released a draft framework for fintech regulatory sandbox which includes blockchain technology, but not cryptocurrency startups. The regulatory sandbox allows the regulator, the innovators, the financial service providers and the customers to conduct field tests to collect evidence on the benefits and risks of new financial innovations.
Coinbase adds Augur To Its Trading Platform
Starting April 17, crypto currency exchange Coinbase supports Augur (REP) at Coinbase.com and in the Coinbase Android and iOS apps. "Coinbase customers can now buy, sell, convert, send, receive, or store REP", the exchange said in the blog post. REP will not initially be available for residents of the state of New York. Coinbase currently offers access to bitcoin, bitcoin cash, ethereum, ethereum classic, litecoin, USDC, zcash, Brave's Basic Attention Token, the 0x protocol token, Ripple (XRP) and Stellar Lumens (XLM).
US Presidential aspirant Yang promises clear crypto guidelines
Andrew Yang, who is seeking a Democratic party nomination for fighting Donald Trump in the 2020 presidential election, said he aims to create clear guidelines in the digital asset world so that businesses and individuals can invest and innovate in the area without fear of a regulatory shift. The 44-year old entrepreneur and philanthropist released a new policy statement for crypto-assets, becoming the first 2020 presidential aspirant to do so.
Volkswagen Joins Blockchain-powered Responsible Minerals Sourcing Group
German car maker Volkswagen Group joined an industry consortium that will use blockchain technology for the responsible sourcing of strategic minerals which are used in the production of vehicles. The members can contribute and access immutable data in a secure and permissioned way to trace and record the flow of minerals across the supply chain in near real-time.
Current Prices
As of this writing, Bitcoin is gaining 0.96 percent or $50.67 at $5317.01. Ethereum is gaining 1.73 percent or $2.91 at $171.55.
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