Canadian Exchange Prepared for Hard Fork

QuadrigaCX XBT Hard ForkQuadrigaCX is the only Canadian exchange of nearly 20 that has committed to a contingency plan in the event that the bitcoin network splits in two, creating two competing currencies.

These exchanges are now planning to list Bitcoin Unlimited (BU) as they would an alternative cryptocurrency, according to the statement. BU is an alternate implementation of the bitcoin software that seeks to expand the block size in an effort to scale the network’s capacity.

The plan is backed by Bitfinex, Bitstamp, BTCC, Bitso, Bitsquare, Bitonic, Bitbank, Coinfloor, Coincheck, itBit, QuadrigaCX, Bitt, Bittrex, Kraken, Ripio, ShapeShift, The Rock Trading and Zaif – the exchanges would list the BU asset under the BTU or XBU tickers in the event of a network split, which they collectively say “may be inevitable”.

Read the full article here on Coindesk: http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/

Bitso Partners with Canadian Paycase

PaycaseCryptocurrencies such as Bitcoin and Dash have a big role to play in the future of remittance payments. Cryptocurrencies are easy to transfer across the globe without being hindered by banking requirements. Bitso, one of Mexico’s largest bitcoin exchanges, has created a Mexico-Canada remittance corridor with the help of Paycase. Moving funds from bank accounts between the two countries by using blockchain technology is now an official feature.

Read the full article here: http://thedashtimes.com/2017/03/12/bitso-creates-cryptocurrency-based-remittance-corridor-mexico-canada/

 

U.S. Senator Endorsement

U.S. Senate Logo 1U.S. Senate head, Tom Carper, has endorsed Bitcoin and draws similarities to when the internet was in its infancy.  “Killing the baby in the cradle” was his crying remark to those that want to over-regulate Bitcoin before we really know all benefits of this new way commerce.  Read the full story here on CoinDesk.com.