Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up

Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light UpRecent 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 […]

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Brazil Cracks Down on Cryptocurrency Exchanges

TheMerkle_Brazil BoletoWhenever 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

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