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#CryptoCorner: Brexit Could Benefit Bitcoin According to Recent Research, Facebook (NASDAQ: $FB) Hiring More Blockchain Positions

Point Roberts, WA and Delta, BC - March 29, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.

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#CryptoCorner: Brexit Could Benefit Bitcoin According to Recent Research, Facebook (NASDAQ: $FB) Hiring More Blockchain Positions

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Crypto Corner

Stocks discussed: (NasdaqGS:FB)

A recent report from Cindicator Analytics finds that 62 percent of financial analysts believe that Brexit, the UK’s exit from the European Union, will have a positive impact on cryptocurrency prices. Furthermore, of those surveyed, 74 percent of analysts are considering holding cryptocurrency in their portfolios, and optimists (44 percent) believe that a post-Brexit Britain could be inclined to take a progressive stance towards cryptocurrency regulation and enable blockchain innovations, which would increase the adoption rate of the technology.

CCN reports that Japan Railways (JR) Group is considering the adoption of cryptocurrency as a payments method. JR Group is the country’s largest railway and subway operator, and is planning to establish a cryptocurrency company. The article posits that JR Group is likely creating a crypto exchange or payments processor, and that it “has the potential to become the biggest stimulus in retail and mainstream cryptocurrency adoption to date.”

Facebook (NasdaqGS:FB) has posted more job openings related to blockchain technology according to CoinDesk. The social media giant has added five positions to the 20 it advertised in the last month. All of the newly posted jobs are based at the company’s Menlo Park HQ in California, include: production manager, business operations manager, data scientist, software engineer and growth product manager.

Crypto gift and phone card provider Bitrefill has introduced an option to make Airbnb reservations with cryptocurrency, according to an official tweet. Cryptos accepted for the transaction include: Bitcoin (BTC), Ether (ETH), Dash (DASH), Litecoin (LTC) and Dogecoin (DOGE).

The town of Innisfil in Ontario, Canada has recently approved a pilot program that would allow citizens and businesses to pay taxes with cryptocurrency. The service will be executed through third-party payments provider Coinberry Limited, and staff must report back on March 31, 2020 with “data collected on the results of the pilot project, so that a determination can be made regarding future opportunities to pay via cryptocurrency”.

Sam Mowers, Investorideas

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Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com/

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