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Two common complaints among crypto traders are that platforms which didn’t before are now demanding identification documents and that more venues close their doors to residents of some countries. While users naturally lash out at the companies, it is important to remember that this is often done under coercion or threat by regulators. The US … Read more
The New York State Department of Financial Services has asked two South Korean financial authorities to share cryptocurrency-related data they obtained from their recent inspections of six major Korean banks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies The US Wants South Korean Crypto Data The New York State Department of Financial … Read more
First, Jamie Dimon of JP Morgan Chase says he regrets calling bitcoin a fraud. Now, legacy bank Goldman Sachs is formally recognizing how cryptocurrencies such as bitcoin could act as global money. 2018 might be shaping up to be the year bitcoin gets more mainstream than ever. Also read: Huge Bitcoin Conference Stops Accepting Bitcoin … Read more
Former Federal Deposit Insurance Corporation (FDIC) chair Sheila Bair was given a platform on Yahoo! Finance to share her thoughts on the world’s most popular cryptocurrency, bitcoin. While she trucks in regulatory speak, some of her ideas might surprise crypto enthusiasts. Also read: Bundesbank Board Member: No Plans to Issue State-Backed Cryptocurrency Bitcoin’s Value is … Read more
