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Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in the U.S. just over one year of liquidity. In […]
The post Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up appeared first on Bitcoin News.
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Whenever a government introduces new regulations, there will be consequences. Brazilian officials have taken a tough stance against cryptocurrency service providers in the country. It was a matter of time until official crypto regulation came to be in Brazil. Crypto Regulation in Brazil It is one of the countries where Bitcoin and other currencies continue to gain a lot of traction. However, the government doesn’t want to leave this industry unchecked. Under the new regulation, the going will get tough for certain service providers. Two local exchanges have already shut down, with more to potentially follow. Both companies would face
The post Brazil Cracks Down on Cryptocurrency Exchanges appeared first on The Merkle Hash.
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The Russian central bank now considers any crypto exchange transaction as a money laundering risk
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Russia may soon have a legal framework for asset tokenization in place following a successful pilot by major mining firm Nornickel
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International Telegram Open Network contributors have formed a non-profit association to advocate for the project in its battle with U.S. regulators
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Crypto exchanges based in Brazil face huge fines or being shut down
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From Bakkt CEO to U.S. Senator for the state of Georgia, Kelly Loeffler is poised to become crypto’s highest-placed political proponent and is #3 on the #CointelegraphTop100
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This past week’s news from Japan included details on Bitpoint’s massive 2019 deficit, a Japanese politician’s Libra fears and more
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The CFTC has charged a Colorado individual for allegedly defrauding investors out of more than $500K via a crypto trading scheme
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Japan is worried about the soon-to-be-released Chinese CBDC, as it might disrupt the global economy. Local lawmakers suggest developing a digital yen to counter it
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