Bitcoin’s recent correction could be retail-driven, Nexo CEO speculates
Price retracements in bull markets can occur amid an overall macro-bullish backdrop. Go to Source Powered by WPeMatico
Bitcoin Regulation
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Crypto custody firm graduates Singapore Monetary Authority’s regulatory sandbox
The Singapore-based Propine emerged from the MAS regulatory sandbox with a Capital Markets Services License, and authorization to begin offering digital asset services to institutions. Go to Source Powered by WPeMatico
Crypto Regulation Commences in Serbia: Trading, Mining Legalized
Serbia has started regulating the crypto industry as the country’s law on digital assets has gone into effect. It requires cryptocurrency service providers to obtain a license and legalizes crypto activities, including trading and mining. Serbia Starts Regulating Cryptocurrency Serbia’s recently adopted Law on Digital Assets went into effect last week with a publication in … Read more
Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin
The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital to Buy Bitcoin if Companies Demonstrate Tokens Are ‘Intangible Assets’ According … Read more
Miami’s Mayor Considers Putting Some of City’s Treasury Reserves in Bitcoin
Miami Mayor Francis Suarez is exploring putting a percentage of his city’s treasury reserves in bitcoin. Miami is currently working on accepting the cryptocurrency as a means of payment for city services and taxes. The mayor believes that “Bitcoin has been a stable investment during an incredibly unstable year.” Miami Could Invest Some of City’s … Read more
Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer
Experts in blockchain technology and crypto take on the question of Bitcoin’s path throughout the year 2020. Go to Source Powered by WPeMatico
File comments against new crypto FinCEN rule, Coin Center leader urges
The crypto space needs your help to impact the outcome of the United States’ Treasury’s crypto wallet proposal. Go to Source Powered by WPeMatico
Shark Tank’s Kevin O’Leary Warns Regulators Will Come Down Hard on Bitcoin — ‘It Will Be Brutal’
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, has warned about regulators coming down hard on bitcoin. In addition, he says that “even if bitcoin were to go up another 2,000%, it’s completely irrelevant to institutional clients.” Kevin O’Leary Warns of Brutal Bitcoin Regulation, Says Bitcoin Is Not an Institutional Product Canadian investor … Read more
Biden Administration May Roll Back Some Crypto Regulations, Top Banking Regulator Warns
The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets put in place during the Trump administration. Biden Administration Could Change US Crypto Regulations Acting Comptroller of the Currency, Brian Brooks, shared several concerns regarding … Read more
Miami mayor calls Bitcoin ‘stable investment’ during unstable year
Mayor Francis Suarez is learning about Bitcoin from the Winklevoss twins and Anthony Pompliano. Go to Source Powered by WPeMatico