The MCC code changes made by the card issuers and the card networks resulted in charging extra fees to the customers.
The CFTC is looking for a collective effort from several private as well as government players in order to form the regulatory framework around cryptos while protecting investor’s interests.
The Saudi Arabian Monetary Authority (SAMA) is the second biggest banking institutions to adopt blockchain technology after the Bank of England.
South Korea considers new approach to cryptocurrency regulation contributing to the new rise of Bitcoin.
Ripple is further expanding its footprint by collaborating with many banking as well as financial services institutions.
Dan Morehead, the founder and CEO of Pantera Capital, believes that bitcoin bear market is about to turn bullish. He expects Bitcoin to start rising in the next couple of weeks and reach its new highs.
According to yesterday published JPMorgan’s Global Research, despite it will be very difficult for cryptos to completely displace government-issued currencies, they can play a decisive role in the diversification of global bond and equity portfolios.
Vulnerability of crypto industry to external factors makes Bitcoin price one of the most discussed issues. Let’s see what factors have led to its recovery.
Suspension of trading activities due to an update on Binance sparked confusion of hacking. However, the update is done and trading has resumed to normal again.
During the Yahoo Finance All-Markets Summit that took place on Feb. 7 in New York City, a top U.S. financial regulator had stuck an upbeat tune about the practice of formal self-regulation within robust cryptocurrency ecosystem.
Crypto markets recovers from the heavy blows and woes as CFTC and SEC chairpersons express some confidence in digital currencies.
China’s Central bank officially sets upon regulation of all crypto-related activities and businesses introducing new frameworks aimed to crack down on all aspects and services of Bitcoin trading in both Mainland China and Hong Kong.
In a few weeks, Coinbase will offer their customers an update on Bitcoin SegWit which is expected to improve transaction capacity of the Bitcoin network.