Headlines for the world of Cryptocurrencies - September 24, 2018 by cryptowarrior88

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· @cryptowarrior88 · (edited)
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Headlines for the world of Cryptocurrencies - September 24, 2018
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<h1>U.S Navy Exploring Potential Of Blockchain Technology</h1>

![](https://cdn.steemitimages.com/DQmWJCjydwuQ6bjVBFZbqToYxAtUQzkLcttXC5YXbK7TL9X/image.png)

In a [press release](https://www.prnewswire.com/news-releases/naval-aviation-enterprise-exploring-blockchain-with-indiana-based-company-itamco-300716633.html), the United States Navy Air System Command (NAVAIR) has revealed that the organization is currently exploring the blockchain technology for tracking aviation parts throughout its lifecycle. 

Through the use of blockchain, NAVAIR plans to reduce the high cost it takes to operate a military aircraft.  

They have partnered with Indiana Technology and Manufacturing Companies (ITAMCO) under the Cooperative Research and Development Agreement to enable them to use cutting-edge chain code that can recall larger data sets efficiently, effectively and securely. 

ITAMCO developed a blockchain as a service platform which allows for tracking secure messages using blockchain for the united states military dubbed as SIMBA Chain. 

The purposed of the blockchain is to give the navy a cutting-edge technology to improve visibility, anti-tampering, traceability, and data transparency in its supply chain.

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<h1>Three Blockchain Bills Introduced In Congress</h1>

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The co-chair of the Congressional Blockchain Caucus, Representative Tom Emmer has recently introduced three blockchain-related bills for consideration by Congress. 

In his [website](https://www.prnewswire.com/news-releases/naval-aviation-enterprise-exploring-blockchain-with-indiana-based-company-itamco-300716633.html), he states that the United States should prioritize the development of blockchain technology and create a regulatory landscape that stems further growth and innovation in the nascent industry. 

The first bill expresses support for digital currencies and blockchain technology calling for “light touch legislation”. 

The second bill dubbed as the Blockchain Regulatory Certainty Act defines the terms of blockchain related words and indicates that no blockchain developer or provider of a blockchain service shall be treated as a money transmitter.  

The last bill is called the Safe Harbor for Taxpayers with Forked Assets Act of 2018 which basically is an amnesty to those who have not paid tax on cryptocurrencies they have received through a hard fork.

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<h1>The Biggest Brokerage in Brazil To Launch Crypto Exchange</h1>

![](https://cdn.steemitimages.com/DQmYVEmXXrjCw9NDhWMK85H4wDGNgSr4RnHJeCMQypA2mvN/image.png)

The Grupo XP will be launching a cryptocurrency exchange called XDEX according a [Bloomberg report](https://www.bloomberg.com/news/articles/2018-09-20/brazil-s-biggest-brokerage-begrudgingly-joins-crypto-market).  

This a big news for coming from Brazil as the firm behind it is the largest financial group in Brazil comprising companies of various business models.  

Its CEO Guilherme Benchimol reveals that his firm is targeting to have $245 billion under custody by 2020, which is about 4x what the company expects to raise by the end of this year. 

The firm is  also reported to be launching a bank in a couple of months. 

It CEO of XP, Guilherme Benchimol, confesses that he is not too keen on Cryptocurrencies but investor demand is pushing its company to adopt. 

There are about 3 million Brazilians have exposure to Bitcoin, compared to 600k that invest in the stock market.

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<h1>AntPool Mining Pool To Sponsor Houston Rockets</h1>

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Bitmain’s Antpool has entered into [a sponsorship agreement with popular NBA team Houston Rockets](https://www.ccn.com/bitcoin-mining-pool-antpool-to-sponsor-houston-rockets/). 

The said partnership signed by both organizations is for the 2018-2019 professional season and is seen as one of the major moves of the China-based company to expand in the Houston area.  

According to its Antpool’s overseas operations manager Hajiao Li, there is no better way for the company to continue with its momentum in expanding to the U.S. than partnering with the Houston Rockets as it is the most popular NBA team in  China, where the legendary Chinese player Yao Ming played for and has global recognition.  

John Croley, the vice president of corporate development at Houston Rockets, states that his ballclub has always been looking to stay ahead of the curve with technology both on and off the court and Antpool’s prowess with cryptocurrency makes for a great partnership.

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<h1>Binance CEO Baffled Why Bitcoin Price Not Shooting Through The Roof</h1>

![](https://cdn.steemitimages.com/DQmdxnXHjKpKjui9Y4Ntms8pZSB3nXBHpiEhzB6hZob26Td/image.png)

Changpeng Zhao expressing his disbelief as to [why Bitcoin prices are not shooting through the roof](https://cryptoslate.com/binance-ceo-i-dont-understand-why-the-bitcoin-price-isnt-shooting-through-the-roof/) as recent  development in the space has been very positive.  

Speaking at Consensus Singapore, the Binance chief suggested that recent regulatory breakthroughs seen last week have now provided an on ramp for institutional entrance to cryptocurrency.

He goes on to say that custodian solutions, insurance and Stablecoins are very important and should have influence price movements of cryptocurrency markets positively.  

He later laments that perhaps the inability to convert fiat to cryptocurrency with ease may be one of the market’s most debilitating issues, with the logistical hurdles of banks and regulators stalling the market’s growth. 

Currently Binance has embarked on a spree of fiat-to-crypto ventures in Liechtenstein, Singapore and Malta.


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<center><h3>[Headlines for the world of Cryptocurrencies - September 23, 2018](https://steemit.com/cryptocurrency/@cryptowarrior88/headlines-for-the-world-of-cryptocurrencies-september-23-2018)</h3>**Hiring Spree of Crypto Giants – Sign Of Rapid Growth / Line To Release Link-Powered Ecosystem By Year End / Australia To Get Its Own Aussie-Backed Stablecoin / Polymath Boosting Security Tokens Space / PundiX Terminals Enabling Restaurants To Accept Crypto**</center> |
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<center><h3>[Headlines for the world of Cryptocurrencies - September 22, 2018](https://steemit.com/cryptocurrency/@cryptowarrior88/headlines-for-the-world-of-cryptocurrencies-september-22-2018)</h3>**SEC Seeks More Comment As It Moves to Make Decisions On CBOE's Proposed ETF Listing / Regulators In Texas Stops 3 Crypto Scams / NYU Offers First Blockchain Technology Degree / Ripple Partners With PNC Bank / Bakkt’s Goal: To Make Cryptocurrencies More Liquid And Trusted / Korea’s Largest Exchange To Open In Singapore**</center> |
<center><h3>[Headlines for the world of Cryptocurrencies - September 21, 2018](https://steemit.com/cryptocurrency/@cryptowarrior88/headlines-for-the-world-of-cryptocurrencies-september-21-2018)</h3>**SEC Commissioner: SEC Should Not Hold Back Approval Of Crypto Products / You Must Not Be Bearish When You Are Already Down: Tom Lee / Millennials Might Flock To Crypto As US Market Likely To Crash / Switzerland Sharing Blockchain Regualtions Know-How With Isreal / CEO Of Fidelity Teases Crypto Products**</center> |


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@kuldeeprandhawa ·
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Nice blog brother good information 

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