Binance Blockchain / Coinbase Revenue / US Crypto Regulation / BTC Sovereign Bond

Subscribe | View in browser $BTC (2:11 p.m. EST): $5,294.96 (0.08%) // 90-day high: $5,421.65 // 90-day low: $3,391.02 / / More… $BCH ABC (2:13 p.m. EST): $307.35 (-0.09%) // 90-day high: $342.87// 90-day low: $108.09 // More… $ETH (2:13 p.m. EST): $172.65 (-0.98%) // 90-day high: $184.38 // 90-day low: $102.93 // More… $LTC (2:14 p.m. EST): $82.05 (-0.86%) // 90-day high: $97.50 // 90-day low: $30.32 // More… $XRP (2:14 p.m. EST): $0.33 (-1.68%) // 90-day high: $0.37 // 90-day low: $0.28 // More…       1. Binance has launched its own custom blockchain, Binance Chain. Binance Chain will support Binance's $3 billion native cryptocurrency, BNB. The move to its own chain reduces its reliance on Ethereum. Users have up until April 23 to withdraw their current BNB tokens into a compatible ERC-20 token wallet if they want to keep them in an Ethereum wallet. BNB will be used as a gas on the Binance Chain to pay for network transactions. -BINANCE       2. Coinbase generated $520 million in revenue last year, a number more than 60 percent below projections the company had made earlier in 2018. The revenue numbers come from a Reuters review of the exchange's revenue in the United Kingdom, which was reported in a filing with the U.K.'s corporate registry. If correct, this revenue number also falls far short of the $923 million the company generated in 2017 during the height of the crypto boom. –REUTERS       A MESSAGE FROM ASANA Spend less time on busy work and make more time for the work that matters most.  Asana is the work management platform that helps teams organize goals, plan projects, collaborate on tasks, and automate recurring processes—all in real time, all in one place. In fact, customers report that Asana helps them achieve their goals 45% faster. Try it today and get 1 month free!  3. Democratic presidential candidate Andrew Yang wants to establish clearer cryptocurrency guidelines for the U.S. Yang said that individual states creating their own crypto laws will muddle adoption, and that federal law should be instituted to govern the currencies. Yang also said he thinks the IRS does not do a good job of explaining the rules governing taxes on cryptos. He would seek to make such laws clearer if elected. -BITCOIN EXCHANGE GUIDE       4. Afghan officials at the annual spring meetings with the IMF and World Bank Group discussed coupling bitcoin with metal futures like Lithium to create the first sovereign bitcoin bond. Representatives from Tunisia, whose country already hosts an electronic currency called the e-dinar, also discussed the positive effect that a sovereign bitcoin bond would have on the north African country. A sovereign bitcoin bond would be a way for the two cash-strapped countries to raise money for development. Afghanistan is one of the world's largest producers of lithium, and Khalil Sedig, Governor at the Central Bank of Afghanistan, said the country could raise $5.8 billion through this measure. -ASIA TIMES       5. The President of Belarus, Aleksandr Lukashenko, has announced plans to create a giant data center to mine bitcoin that will go online by the end of 2019. -MINER UPDATE 6. South Korean exchange Bithumb is exploring a reverse merger to acquire a listed company on the Nasdaq or NYSE and become a public company in America. -THE CRYPTOCURRENCY POST 7. Donald Tapscott, the executive chairman of the Blockchain Research Institute, theorizes that The Central Bank of China could convert the official Chinese currency, the renminbi (RMB), into a cryptocurrency.  -COIN TELEGRAPH 8. 56 percent of people polled by the International Monetary Fund answered "cryptocurrency" the question, "How do you think you will be paying for lunch in 5 years?" Cash only received 8 percent. -TWITTER 9. The Rotate Bar in London is now accepting and giving a 20% discount for drinks bought with bitcoin over the Lightning Network. -COIN RIVET 10. Follow Friday: Tyrone V. Ross, Jr., at @TR401 : Ross is a Wealth Management and crypto asset advisor at Noble Bridge Wealth. He shares original thoughts about the crypto industry along with self-imposed memes. He also shares insights (either his or those from prominent entreprenuers) at the hashtag #FreeJewelry. Make sure to check out his Bitcoin Wealth Management panel at Coindesk Consensus 2018.       Written and curated by Darren Webb. He created Currencylists and has worked in marketing roles for a multitude of cryptocurrency and blockchain projects since 2014. Based in NYC, Darren loves to read and continue to learn about cryptocurrency and emerging technology in his spare time. You can find him on Twitter @Dwebbny. Editing team: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside); Susmita Baral (senior editor at Inside, who runs the biggest mac and cheese account on Instagram); and David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).

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