According to a Deutsche Bank Report, Bitcoin’s growing popularity is troubling governments and central banks. The last straw was the legalization of cryptocurrency in El Salvador. The institution claims that several politicians, authorities, bankers, and economists are calling for market regulation, and this regulation is intended to protect investors.
In China, more than a thousand people were arrested for involvement in crypto money laundering. The defendants charged 1.5 to 5% to convert illegal money into cryptocurrencies, using different brokers.
Under the proposals submitted by EU Parliament Deputy, for MacManus, any cryptocurrency would need authorization issued by a “competent authority” such as a Central Bank.
Bitcoin’s fall was fundamental to hinder the rise of alternative cryptocurrencies worth watching, like Uniswap (UNI), Pancakeswap (CAKE), and Cardano (ADA) which are awaiting market definition to rise again.
Advertising linked to the cryptomarket on Google has been banned since 2018, precisely an effect of the boom that the market came in 2017, leading to an explosion of different offers from ICOs and brokers that applied scams. Now Google will allow once more, advertising on cryptocurrencies
Elon Musk may be considering accepting other cryptocurrencies, such as Dogecoin or Bitcoin as payment at Tesla.
NatWest, a UK bank, announced this week that it wants no relationship with companies that accept payments in Bitcoin or any other cryptocurrency, classifying digital assets as “high risk”.
Users of Venmo App – a mobile payment app owned by PayPal – will be able to buy, store and send Bitcoin and three other cryptocurrencies.
Great Cryptocurrency Exchanges to trade with low fees in 2021
Amid high competitiveness and high rates, Ethereum continues to rise and outperform large companies.
In this guide, we’ll look at the Coinbase Pro features, the registration process and all the information needed to understand this cryptocurrency exchange.
The Central Bank of Argentina (BCRA), the largest financial authority that governs the country’s monetary policy, ordered Argentine commercial banks to account for customers that carry out transactions with Bitcoin or other cryptocurrencies.