News of the week. Friday, September 24


Friday, September 24. The week is coming to an end, so we can talk about the most interesting news in the crypto industry for this week.

Robinhood is testing a cryptocurrency wallet

Robinhood users are waiting for the start of testing the cryptocurrency wallet. Testing should begin in October. This was written by the director of Robinhood products Aparna Chennapragada on Twitter. The online broker intends to conduct a survey of users, and then start testing the wallet among a small group of respondents. The survey is needed so that the platform can get feedback from its customers. All other crypto users will have access to the new feature in 2022. The crypto wallet will have the following security features: verification and verification of identity, mail and mobile phone. As well as multi-factor authentication. The wallet will give you the opportunity to engage in trading and conduct transactions inside the application. Now residents have access to the function of buying and selling cryptocurrencies for fiat. 

Recall that in March 2021, the co-founder and CEO of Robinhood, Vlad Tenev, said that the platform plans to add wallet functionality in a short time. In May, COO Kristin Brown confirmed the imminent appearance of the possibility of withdrawing digital assets.

Peter McCormack: Elon Musk’s Tweets about Dogecoin are nonsense

The host of podcasts about digital assets, Peter McCormack, criticized Elon Musk’s statements about Dogecoin.

“You sent four people into space, but you still continue to write nonsense about Dogecoin” McCormack wrote on his Twitter page

Musk’s tweet about Dogecoin was addressed to the co-founder of the coin, Billy Marcus, who wrote about the success of the crypto industry. And also that he is happy with the announcement of the crypto wallet from Robinhood and did not forget to mention the AMC Theaters cinema chain that supports Dogecoin.

“Robinhood announced the wallet, the CEO of AMC talks about the adoption of Dogecoin. The cryptocurrency market has finally smelled of money” Markus wrote.

Musk’s joy and support for Dogecoin gave rise to rumors on the Internet that Tesla will soon begin to accept Doge as a means of payment, as it was with the first cryptocurrency before. This will most likely happen when Robinhood launches its wallets.

The head of the AMC cinema chain conducts a survey on whether it is worth adding Dogecoin as a means of payment

The American cinema chain AMC is considering adding Dogecoin as a means of payment. CEO Adam Aron launched a corresponding survey on Twitter:

“I want to hear your opinion through this survey. As you know, by the end of 2021, the AMC will accept Bitcoin, Ethereum, Litecoin and Bitcoin Cash as payment means. I have heard from many people on my Twitter that we should also accept Dogecoin. Do you think AMC should accept Dogecoin?” wrote Aron.

At the time of writing, 140 388 people took part in the survey. 68.1% voted positively, 8.6% answered in the affirmative, but they are not going to use Dogecoin. 16.2% rejected this idea.

The Central Bank of China maintains a negative attitude to digital assets

Digital assets and stablecoins are developing rapidly, and this, in turn, can negatively affect the traditional financial system. Therefore, the Central Bank of China will maintain a negative attitude towards the crypto sector. This was told by the director of the Department of payments and settlements Wen Xinxiang.

  • Assets that are a “repository with excess liquidity”, for example, BTC.
  • The assets where the “basic liquidity ” is stored are stablecoins. They are needed as a payment instrument.

Xinxiang believes that the crypto industry creates many problems, the main one is that cryptocurrencies operate outside the traditional payment system supported by banks and financial institutions. 

He also considers the anonymity of cryptocurrencies to be a problem, which allows them to be used for illegal purposes.

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