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sábado, 27 de março de 2021

Howdy Carlos

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Learn a new term:

Also, let's try a new format in which you will be updated with what's latest in cryptocurrency world. If you like this format, do reply so that I could continue doing this for you.

Here are the top Crypto News of the day:

💎 Coinbase to Open India Branch Even as Potential Ban on Crypto Looms

Leading cryptocurrency exchange Coinbase plans to establish an outpost in India 🇮🇳 even as the country's government is preparing legislation that could ban cryptocurrency ownership.

A blog post published Thursday announced the establishment of "a business presence in India ... housing some IT services, including engineering, software development, and customer support."

As yet, there are no jobs posted in India listed on Coinbase's career page. However, the blog stated Coinbase's intention to open an office in Hyderabad "as COVID-related conditions allow."

💎 SushiSwap Launches New Lending and Margin Trading Platform

SushiSwap announced the launch of a cryptocurrency lending and margin trading platform, dubbed Kashi.

The platform supports a wide variety of trading pairs that were not available before. Using an elastic interest rate with a "target utilization rate of 70-80% of the total supply," Kashi makes high-risk assets accessible for margin transactions. Traders will be able to short a large selection of tokens and create leveraged short positions.

Kashi will rely on BentoBox, a highly-anticipated token vault, to help users generate a yield from flash loans.

💎 Binance Adds Former FATF Officers to Regulatory Strategy Team

Major cryptocurrency exchange Binance on Thursday tapped two former members of the Financial Action Task Force (FATF) for its advisory team, telegraphing its commitment to staunching compliance and fraud concerns.

Former Executive Secretary Rick McDonell and former head of FATF's Canadian delegation Josée Nadeau will advise on Binance's "global compliance and regulatory strategies," according to a press release.

The pair will also participate in Binance's communication with regulatory agencies around the world, according to the company. Earlier this month Binance added a top government liaison in former U.S. Senator Maxwell Baucus.

That's all for today, and I will see you in the next email.

Regards

Harsh Agrawal

CoinSutra.com




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Donations

BTC: bc1qxv3stg0xha9upurf7h4aqnmg3xjn3h0zk28kpe

ETH: 0x01870296774Fb0A2DbF9b44d2E6a57fb8Ccea070

LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ

DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR

ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p