It has been a controversially bullish year for cryptocurrencies. The world has either been adopting or applying strict regulatory policies to the digital money market of crypto. Latin and North American nations have shown their faith in cryptocurrencies, whereas several nations in Asia have turned their backs to crypto. European Union’s Digital Finance Strategy now
Two recent announcements from the U.S. government on the improvement of trade with the European Union and its economic rival, China, are faring well for the stocks market. However, it seems to be causing a downturn in Gold and Bitcoin. Worries around inflation are also not bading well for the ‘safe haven’ assets. The U.S.
Bottle Pay, a social media tipping site based on Bitcoin announces shutdown of operations due to regulatory risk from the 5AMDL regulation. EU’s statuary body updated its fourth version this year to increase surveillance of cryptocurrencies and its service providers. The regulators will begin enforcement of 5AMLD from 10 January 2020. Bottle Pay Makes the
A recent statement by Mu Changchun, the head of China’s Central Bank Digital Currency Research Institute claims that China’s digital currency will lead to strong competition among commercial banks. Institutions will compete to provide the best services using digital currencies. Two-Tier Approach With Digital Yuan – Mu Changchun China’s is the first of nations to roll out a
As per reports from the French newspaper, Les Echos, Xavier Niel, French Tycoon and the founder of Telecoms group Iliad said that the coming of project Libra is “inevitable” and it will exist like other 1000+ cryptocurrencies in the market. Libra will Aid Faster Payments Neil believes that the launch of Libra will result in
Apart from Bitcoin price, its awareness and adoption are surging as well. In countries like Palestine, Zimbabwe, Russia, and others, people are actively involved. Meanwhile, government authorities are also showing positive sides. Palestine & Zimbabwe finds the savior in Bitcoin & cryptos Price is not the only aspect in the market that is seeing action.