Every Monday, we’ll dig into the hottest crypto news and share it with you.
We understand how overwhelming it can be to stay up to date with all the latest crypto news. Screening through Reddit’s home page, Twitter’s feed and keeping up with your favorite Youtuber can be tiresome. Just sit back with a cup of coffee, we’re here to digest some of the top crypto news of the week for you
The crypto space is filled with brilliant eccentric people, all wanting to make a difference. As such, last week, the libertarian John McAfee, founder of the McAfee Antivirus software announced through a Twitter post account that he will be running for the US presidency in 2020. What do you think of a crypto enthusiast as a US president?
Read more: John McAfee Announces 2020 Presidential Bid to Serve Crypto Community, McAfee to Run for President on Pro-Crypto Platform, ICO Promoter John McAfee Says He’s Running for President [Again], John McAfee running for US President in 2020
GitHub to GitLab?
Last week, GitHub was acquired by Microsoft for the impressive sum of 7.5 billion. The software development platform has 85 million code repositories and 28 million users, making it the internet’s largest code repository. This purchase worried several open source crypto projects, such as core developers working on the Bitcoin protocol. As a result the hashtags #movingtogitlab trended on Twitter, suggesting that Bitcoin developers would move their source codes to GitHub rival GitLab. In an effort to reassure the open source community, Microsoft’s CEO stated that; “Microsoft is all-in on open source”. Will you leave your code on GitHub?
Read more: Why Microsoft Is Willing to Pay So Much for GitHub, Microsoft buys GitHub, should developers be concerned?, Microsoft + GitHub = Empowering Developers, I’m Nat Friedman, future CEO of GitHub. AMA., Microsoft to buy GitHub: Bitcoin Devs call for exit, Microsoft GitHub acquisition draws crypto fury
Canada is cryptoregulating
Countries all over the world are brainstorming about their position towards cryptocurrencies and Canada just broke the news by releasing an official draft with new rules for crypto exchanges and payment providers. The new regulations will treat crypto exchanges and payment processors as money service businesses, which requires them to report large transactions and a new Know Your Customer threshold. Which countries are the most crypto friendly in terms of regulations, in your opinion?
Read more: Official Draft of New Crypto Regulations Is Released by the Canadian Government, Canada Releases Official Draft of New Crypto Regulations Focused on KYC/AML, Cryptocurrency regulations focused on KYC/AML: Canada Releases Official Draft
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Crypto Digest — 11th of June was originally published in The BTC Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.