New data suggests leverage shakeout - Can Bitcoin hold $60K?
Though the skyrocketed price of Bitcoin for sometime crossed $60,000 but on Nov 16th Bitcoin (BTC) is sliding down, bullish analysts say no problem but 8% loss is very painful for long holder. Bitcoin finally closes large CME gap Data from
November 16, 2021
President Biden Considering Executive Order on Crypto Oversight: Report
The U.S. government may expand its efforts to study and regulate the roughly $2 trillion digital asset sector. The Biden administration is considering an executive order for federal agencies, which would require them to study the crypto ind
October 09, 2021
The 5 Most Important Crypto to invest in 2020 Other Than Bitcoin & Ethereum
Bitcoin has not just been a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, it’s become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoff
June 02, 2020
Blockchain and Crypto Policies Worldwide
Rapid Rise of Cryptocurrencies and Blockchain Technology Over the past few years, inventions in the fintech space have been rapidly transforming into innovations thanks to early commercialization, mass acceptance and adoption. Cryptocurrenc
October 30, 2017
Vietnamese Central Bank Bans Cryptocurrencies
Vietnam’s central bank, State Bank of Vietnam has declared the use of digital currencies in the country as illegal. The central bank also announced that it will impose a fine on anyone caught utilizing the cryptocurrencies starting early 20
October 29, 2017
Singapore Will Not Regulate Cryptocurrencies, Singapore Official Says
Recently during an interview with Bloomberg, an official of Monetary Authority of Singapore (MAS), which serves as the central bank and financial regulator of Singapore, said that MAS has no plans of regulating cryptocurrencies. The central
October 27, 2017
Kansas Commission: Political Candidates Cannot Accept Bitcoin
A government ethics body in Kansas is advising political candidates to not accept bitcoin. New guidance from the Kansas Governmental Ethics Commission indicates that election watchdogs in the U.S. state are planning to study the issue furth
October 27, 2017
As Bitcoin Price Hits Record Highs, Australia’s Government Considers Digital Currencies and Tax Implications
As bitcoin’s valued soared to record heights over the weekend, the Australian government heard evidence on digital currencies and its tax implications. On Saturday, bitcoin’s value saw its value rise to $6,200 for the first time, pushing it
October 23, 2017
Kazakhstan Following Russia's Lead with Own Cryptocurrency
Kazakhstan has become the latest country to show an intention of creating its own fiat-based digital asset, following in the footsteps of its former Soviet handlers, Russia. It was announced via the country's government-supported Astana Int
October 23, 2017
Australia’s Bitcoin Regulation Bill Gets the Green Light
Australian authorities are making progress with revisions to the AML/CTF bill which will include bitcoin exchanges under the scope of Australian legislation for the first time. The Australian Parliament published [ PDF ] newly updated provi
October 16, 2017
India Central Bank ‘In Process’ of Making Bitcoin Regulation, Withholds Details
India has refused to comment on its progress with cryptocurrency regulation, only appearing to confirm that official plans were “in progress.” Reports by local news outlet Economic Times quote Reserve Bank of India Deputy Governor NS Vishwa
October 13, 2017
Mastercard CEO Attacks Bitcoin, Finds Solace in Government-Backed Cryptos
Ajay Banga, CEO of Mastercard, has leveled a scathing attack on any and all cryptocurrencies that are not government mandated, calling them “junk”. Digital currencies are almost direct competition for a company like Mastercard, and when ask
October 09, 2017