Today is April 4, 2018. Welcome to today’s Qinggebi News.
Canadians can buy Bitcoin with a credit card
Bitcoin may once again have a different kind of popularity, as Canadian fintech company Mogo has launched a new app that allows people to buy Bitcoin with a credit card.
The Vancouver-based fintech company claims it is the country’s first solution to buy and sell Bitcoin at users’ fingertips. "Canadians are looking for a trusted, easy way to buy and sell Bitcoin, and that's the problem we solve," said David Ferrer, founder and CEO of
Mogo. This attempt by
Mogo is indeed very consistent with Canada’s overall adjustment tone. Last month we saw the Canadian government give the green light to the first blockchain ETF ( Exchange Traded Fund ), and in January this year the country passed major tax reform for Bitcoin.
More importantly, we saw the Canadian government announce its plan for a blockchain-based travel document, a digital identity unique to people traveling. This creates a friendly image towards cryptocurrencies, despite the lack of a clear stance from the country’s legislative body.
Mainstream hardware wallets support BCH
There is good news for Bitcoin Cash users, Trezor has announced upcoming support for cashhaddr (an format for BCH addresses). This news is undoubtedly a major positive for Bitcoin Cash, as support for the most popular hardware wallet may mean that new funds will enter the market, or provide peace of mind to cautious investors.
Cashaddr is a way to differentiate between Bitcoin Cash and Bitcoin Core addresses, and although implementing this change is expensive, the move paves the way for further innovation.
Robinhood offers free cryptocurrency trading in 4 U.S. states
Robinhood, a popular commission-free stock and cryptocurrency trading app, has begun offering it to investors in four states, including California Bitcoin and ethereum trading service. Other states announced on Twitter on April 2 include Massachusetts, Missouri and Montana.
In January, Robinhood added 16 cryptocurrencies to its platform and allowed users to add them to their watchlists to monitor price trends, create price alerts and track news.