Samsung is developing a cryptocurrency wallet app that may launch with its, currently unreleased, Galaxy S10 device, according to news site SamMobile. Samsung's app will have two parts: 1) a cold wallet for storing cryptocurrency and private keys and 2) a hot wallet for crypto transactions. Names for the app have not been finalized. Furthermore, SamMobile reports that Samsung's app will enable users to import existing wallets from other services like Metamask and TrustWallet. The wallet would initially support bitcoin, ether, bitcoin cash, and other ERC-20 tokens. (Source: SamMobile)
In this episode of The Scoop, the Blockchain Association’s executive director Kristen Smith shares the objectives of the new Blockchain Association PAC, and why she believes Congress is the appropriate authority to design a regulatory framework for the crypto industry.