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This is episode 244 of You, Me, and BTC – your liberty and Bitcoin podcast.
If “privacy policy bingo” was a real game, everyone on the internet would have won this month. Google, Twitter, Uber, the Tooth Fairy, and everyone else made changes recently because of the European Union’s new General Data Protection Regulation (GDPR).
Data protection is certainly important, but it’s highly likely that the EU went way too far with this one. We’ll share some laughs and some tears as we go over some GDPR basics.
But this regulation might impact more than just social media giants and online services. Blockchains store a ton of data too. Does that mean they’re somehow subject to these new rules?
We’ll find out tonight. Check the list below for some links and catch the livestream at 9PM Eastern!
Op Ed: Five Things Blockchain Firms Need to Know About the GDPR
GDPR Portal
Your hosts this week are Daniel Brown, Tim Baker, and Zack Voell. Don’t forget to visit ymb.tc/e244 so you can vote in this week’s Bitcoin poll and share your thoughts in the comments!
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  • This is the one I use http://preev.com just because t is simple and tells you what you need to know

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  • Australian Beach Town, Agnes Water to Become Nation’s First Digital Currency Town Agnes Water, Australian Beach town is a reckoning as the nation’s first digital currency town. The Beach town is initiating its step towards enhancing digital currencies. This was first started after real estate agent Gordon Christian began accepting payments in cryptocurrencies. Read news here: https://coinpedia.org/news/agnes-water-become-nations-first-digital-currency-town/ SBI Japanese Financial Exchange to Launch New Virtual Currency Services On Monday, SBI Japanese financial exchange’s CEO Yoshitaka Kita disclosed that it is coming up with new virtual currency services. Basically, this feature came live after it got delayed for certain security concerns. Bestowing to the Business Insider Japan, the firm is offering Blockchain stage for exchanging symbolic digital forms of currency such as Bitcoin, Ethereum, Bitcoin Cash, and Ripple. Read Detail info here: https://coinpedia.org/news/sbi-launch-new-virtual-currency-services/ Eat BCH on Mission to Feed Humanitarian in South Sudan The application of cryptocurrency or blockchain technology will be enormous if used for the social cause. There is one such charity firm, Eat BCH which aims to feed humanitarian in Venezuela by purchasing food with BCH donations. Read Detail info here: https://coinpedia.org/news/eat-bch-mission-feed-people/ Indonesia’s Regulator Sets Green Signal for Crypto Futures Trading The Trade Ministry’s Futures Exchanges Supervisory Board (Bappebti) of Indonesia has given a green signal for crypto futures trading. But, it is surprised to see that the Bank of Indonesia still doesn’t recognize cryptocurrencies as a mode of payment. Read news here: https://coinpedia.org/news/indonesias-regulator-sets-crypto-futures-trading/

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  • The founder of Pantera Capital Management, Dan Morehead suggests to buy bitcoin while it is cheap now. According to Coinmarketcap Bitcoin was trading at $7,508.60 USD. One of most popular cryptocurrency, Bitcoin had reached the heights of $20000 in last year. Due to volatile nature of cryptocurrency, this year in month of February, it has dropped below $6000. According to Dan Morehead, crypto investors told CNBC that, “All cryptocurrencies are very cheap right now. So now is a good time to buy now and participate in the rally as it goes”. Although there is a hype in cryptocurrencies are still unregulated industry. Due to its price fluctuations and unstable characters, market keepers are still into consideration crypto regulations. Dan Morehead’s suggestion to investor concern ‘once a currency break its 230-day moving average, make a purchase and wait for a year and sell’. Watch here what Dan Morehead Says: https://coinpedia.org/news/dan-morehead-good-time-buy-bitcoin/

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  •   Weixing Chen and Yang Jun, the two Chinese entrepreneurs are pairing up to launch a blockchain based ride hailing app. However, the plan is to offer different life-style services that include ride hailing and deliveries. Read news here: Blockchain Based Ride Hailing App

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  • As a part of ‘Operation Crypto-Sweep’, the Alabama Securities Commission (ASC) has issued five Cease and Desist Orders to protect Alabamians. The operation is led by NASAA focusing on blockchain startups and ICO projects suspecting violations and fraudulent activities on securities laws. NASAA (North American Securities Administrators Association, the voluntary organization in which ASC is also a member. It is coordinated with ‘Operation Crypto Sweep’. Recently, ASC has taken enforcement actions by issuing five Cease and Desistorders to protect Alabamians. Source of info coinpedia.org

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