Brad Garlinghouse, the CEO of Ripple has experiences ranging from being the CEO of Hightail a file-sharing site, President of Consumer Applications at AOL and a Senior Vice President at Yahoo. His business acumen and experience is pretty much noted given the expansion Ripple has gained in the last one year in terms of partnerships.

At the Singapore Fintech Festival Garlinghouse confidently spoke about how banks will start holding Cryptocurrency assets like XRP. The main reasons cited by him include regulatory clarity and the opportunity to make money through Cryptocurrency.

Garlinghouse predicts the Association of South Eastern Asian Nations (ASEAN) banks will be the first to offer custodian services of Cryptocurrency.  [.....]

https://zerocrypted.com/banks-crypto-custodian/

Recently, we reported that the giant Starbucks may accept Bitcoin as a payment in 2019. This came as a result after the august news, where Starbucks said that people may convert digital currencies at Starbucks into U.S. Dollars. Cointelegraph & QZ accurately reported what Starbucks wanted to say with their announcement:

“Rather the exchange will convert digital assets like Bitcoin into US dollars, which can be used at Starbucks.”

Which let’s face it, its even better than the news that people interpreted. So, Starbucks may not accept Bitcoin – probably due to the regulations & volatility. Instead, they will offer their customers the chance to convert Bitcoin into USD and purchase coffee – if they want. Basically, they will act as a Bitcoin ATM – which will convert the digital currency into FIAT and then let the client decide if they want to purchase a coffee or not. [.....]

https://zerocrypted.com/starbucks-bitcoin/

[Ethereum used by Austrian government, Opera now have built-in Ethereum support]

Welcome the the most important news from the cryptocurrency industry of September 27th 2018 – If you like our initiative, give us a share on you favorite social media or subscribe to our Onesignal push notification – We don’t spam and our main purpose is to bring quality.

Ethereum used by Austrian government, Opera now have built-in Ethereum support

Ethereum is getting bigger and bigger. The price may increase or decrease, but the adoption is growing every day. The Oesterreichische Kontrollbank (OeKB)  will have an auction for a new set of government bonds on 2nd October 2018. They will use ethereum blockchain to help manage $1.3 billion worth of public debt. However, Ethereum won’t handle those funds directly. It will only be used to write ”data related to the condition of the bond” – due to the fact that the blockchain is immutable and trusted.With this news, Ethereum proves once again that its blockchain can have a strong use-case in government related sectors.

Even more great news for Ethereum, Opera – the 5th most used browser worldwide – is now having a cryptocurrency wallet featured. The Opera’s experimental release was launched yesterday and as soon as it will pass the testing phase – it should be available to users worldwide. If the testing period will be a success, Opera will be able to support ETH as well as any ERC-20 and ERC-721 tokens. More details can be found on ChainState.

Ex-UBS Bankers wants to create a regulated crypto-bank

According to Financial Times, a few ex-UBS bankers raised 100 million USD in order to start the first “crypto investment bank” in Switzerland. They plan to apply for a traditional banking and securities dealer licence issued by Finma – Swiss Financial regulator.Finma talked with SEBA Crypto AG for a future application, but none was submitted yet. However, if they would plan to receive a licence – they would need to have a standard set of KYC rules – probably a bad thing for any person that likes privacy. The full article can be read here.

Full article with the most relevant 7 news of today can be found here : Daily Cryptocurrency News – 27th September 2018