The cryptocurrency industry have created a host of legal questions as old definitions are forced on brand new innovations. Should switching between the most profitable coin to mine at each time be considered some type of fund management? Austrian regulators seem to think so. Also Read: Bitcoin in Brief Wednesday: China Fights Impersonators and Fraudsters Unauthorized […]
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The price of bitcoin has surpassed the $8,300 mark. This is roughly $200 higher than where it stood yesterday, and the currency has spiked by approximately five percent over the last 24 hours. The prices of cryptocurrencies are exploding as the week comes to an end. Entities like Ethereum are also up, while the cryptocurrency market cap has added roughly $40 billion to its overall worth. Interestingly, the Coindesk Consensus Conference – which took place Monday through Wednesday – ultimately failed to give bitcoin the big boost many enthusiasts were expecting. While the price of the currency is rising now,
Over the course of the past few weeks, cryptocurrency prices have been dropping in value. However, online interest is another trend plunging as well within the digital currency realm as Google Trends searches for the word “bitcoin” have descended to levels not seen since October of 2017. Also read: Japan’s DMM Bitcoin Exchange Opens for Business […]
Europe is not a region where cryptocurrency regulation appears to be a big issue. For now, the European Union, as well as the European Central Bank, have no real plans to change their hands-off approach when it comes to cryptocurrency. In Austria, however, it seems there is a growing demand for active cryptocurrency regulation. The Austrian Finance Minister and Cryptocurrency It has become apparent that the Austrian finance minister wants to regulate Bitcoin and other cryptocurrencies moving forward. The big question when topics like these arise is how it will be achieved and whether or not it is even viable. The popularity of Bitcoin