In the nearest future, regulated crypto custody services are believed to be introduced across the crypto industry and bring significant changes.
Financial services provider Square has got the NYSDFS 7th-ever BitLicense allowing New Yorkers to trade cryptocurrency on the rapidly growing Cash app.
Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator.
Crypto market rebounds, with the world’s largest cryptocurrencies spiking. This follows the news from the US SEC which does not consider Ethereum a security.
Although the cryptocurrencies market now is in its declining trend, Tom Lee is still very positive about the future of Bitcoin.
Lee also some of the reasons which caused the resistance for the Bitcoin price rally last week.
Having rather strict cryptocurrency policies, the government of South Korea took a decision to soften them and create more crypto-friendly regulation.
Forex is the largest financial market in the world. It offers liquidity and flexibility for traders, since it’s open 24/7 worldwide.
Council of State of France has changed the tax rate on cryptocurrency sales from 45 to 19 percent, which is the result of a new classification of Bitcoin. The move came after citizens appealed to France’s highest regulatory body to change harsh regulations for crypto transactions earlier this year.
Nasdaq said that for them to enter the crypto-exchange business they would for the regulatory framework to become more strong and promote a healthy and stable environment.
The fact-finding inquiry into the practices of crypto exchanges is intended to ensure all mandatory procedures of registration are being followed with transparency.
Though the U.S. tax day is getting closer and closer, it seems that Americans are not in a hurry to report their cryptocurrency holdings.