Regulations don't want them, but users do. So exchanges are blocking users from using their website.
The discussion around Facebook's Libra is at All Time High, some big crypto news is rolling by quietly outside the cryptocircle's spotlight.
Not us though, as always we bring you news around the block(chain) that will certainly affect the space, no gossiping here!
Before that, here's how the market performed today:
Here are today's news which we think is worth your attention
Decentralized exchange (DEX) platform Bancor Network is restricting its website functions to it's users based in the U.S.
"US citizens, domiciliary or users from US IPs will no longer be able to use Bancor’s web application to convert tokens," - the announcement said.
U.S. users of the DEX will still be able to hold, receive and transfer tokens on the website.
It is important to note that while websites may be blocked, the decentralized nature of DEXs means that users are still able to access its full function if interfacing it directly.
Binance officially launched Bitcoin-BEP2 (BTCP), a bitcoin-pegged token on the Binance Chain.
The crypto-pegged tokens, based on the exchange’s BEP2 format, will be backed by Binance’s reserves of bitcoin.
The company is encouraging token teams to issue pegged tokens of their own coins on the Binance Chain.
The next major iteration of the Ethereum (ETH) blockchain – dubbed Ethereum 2.0 – may see a partial launch as early as January 2020.
Since the network’s inception, developers have been looking ahead to an eventual transition to a proof-of-stake consensus model, dubbed Serenity.
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