0
📰 News
472 views

Brave Rewards Might Soon Be Available for iOS Users

Put your
crypto to
work
  • 0.00

    Interest per week

  • 0.00

    Interest per year

  • 0.0

    Interest rate

Join Now!
Sponsored by Celsius.Network
  • Alex Dovbnya
    📰 News

    Brave browser users on iOS might soon get one of the most requested features

Brave Rewards Might Soon Be Available for iOS Users
Cover image via www.123rf.com

Apple users, rejoice! You will soon be able to tip your top content creators with Basic Attention Tokens (BAT). 

According to a post on /r/BATProject, the team behind the privacy-focused Brave browser is moving closer to implementing ad rewards for its iOS applications. The deadline is set for Nov. 6 with 21 issues left to be resolved. That means that the team could issue an official announcement for Apple users in a couple of weeks.  
  
After all, integrating rewards into Brave on iOS was long overdue for the Brave team. As reported by U.Today, the company's developers introduced a similar feature for Android users back in March (it was in the beta-testing stage back then). 

Brave also plans to add its Brave Ads program for iOS users, which has so far been its main selling point. This feature allows earning a few extra dollars per month for simply viewing non-intrusive ads.

👉MUST READ

Brave Browser Now Allows Cashing Out BAT Tokens via Uphold

Brave Browser Now Allows Cashing Out BAT Tokens via Uphold


The browser, which was created by Mozilla co-founder Brendan Eich, now boasts more than eight mln monthly users with close to 290,000 verified publishers

Earlier this year, Brave enabled rewards for Twitter, which means that everyone can give a helping hand to their favorite personality.   

Only the most important posts per day. Infographics, analytics, reviews & summaries. Follow us on Facebook!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

TOP TRADING BOTSPromoted
Recommended articles
CLOUD MININGPromoted
0
📰 News
356 views

Federal Reserve System: Stablecoins Pose Potential Risks to Financial Stability

Put your
crypto to
work
  • 0.00

    Interest per week

  • 0.00

    Interest per year

  • 0.0

    Interest rate

Join Now!
Sponsored by Celsius.Network
  • Vladislav Sopov
    📰 News

    According to its Financial Stability Report of November 2019, the Board of Governors has warned about the dangers of stablecoins.

Federal Reserve System: Stablecoins Pose Potential Risks to Financial Stability
Cover image via
Contents

The Board of Governors of the U.S. Federal Reserve System have issued their monthly Financial Stability Report. This special report is dedicated to the profits and risks of "global stablecoins".

Stablecoins: Global System with So Many "Ifs"

First, the Federal Reserve admits to the numerous advantages that stablecoins present as a concept. It has been highlighed that stablecoins are "faster, cheaper, and more inclusive payments could complement existing payment systems". This is in comparison to cases where traditional financial institutions are sophisticated and poorly accessible. Stablecoins can also be managed to eliminate the volatility of cryptocurrencies, which is one of the borders for them to be utilized as the medium for exchange.

Therefore, the "global stablecoin initiatives" like Facebook's Libra can rapidly achieve cross-border adoption. However, the major threat for stablecoins is apparent - the "inability to convert in national currency". The loss of confidence in "pegging" the stablecoin to traditional assets can lead to a run, in which several holders will attempt to liquidate their stablecoins at the same time.

👉MUST READ

Tether Ceding Ground to Competitors as Stablecoin Wars Pick Up Steam: Research

Tether Ceding Ground to Competitors as Stablecoin Wars Pick Up Steam: Research

This dramatic scenario may be caused by "poor design and governance", and can result in severe consequences for international economic activity, asset prices, and financial stability.

Transparency First

The Federal Reserve also outlined in its report that in many cases, stablecoins can be utilized for money laundering, terrorist financing, and other financial crimes. Therefore, the Federal Reserve would require operators of such systems to conduct their Due Diligence, as well as Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to avoid any abuse. Moreover, the problems of disclosure policy and protecting investor data should be of paramount importance for stablecoin issuers:

Disclosures should clearly detail consumer and investor rights and protections, including whether the holder of the stablecoin has any rights to the underlying asset. Issuers should be transparent on how the stablecoin is tied to the underlying asset, has been said in the Report.

Last but not least, the report highlighted that the Federal Reserve, together with the Group of Seven, will closely monitor stablecoin developments as well as all the risks associated with it.

Have anyone ever invested in stablecoins? Do you prefer to use it, or to pay extra fees for fiat gateways? Tell us your story on Twitter!

In this Telegram channel you’ll find fresh news, interviews, infographics, forecasts & other helpful stuff. Join U.Today's channel.

About the author

 Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockhain. Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

TOP TRADING BOTSPromoted
Recommended articles
CLOUD MININGPromoted

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings