With BTC convincingly breaking its $10,000 resistance, analysts think that the economic turmoil in the U.S. and the chances of negative interest rates could create massive demand for Bitcoin and Gold.
IMF’s head of the monetary capital markets division said that private players will lead for innovation and implementation while the public sector will work on the regulatory aspect.
The Ministry of Economy and Finance of South Korea has proposed amendments to the existing taxation laws that will be presented to the national assembly this September.
A wave of volatility has gone through the cryptocurrency market this week, thus leading to an overall price dip, which was quickly followed by an abrupt increase in prices.
After announcing its Calibra digital wallet and Libra cryptocurrency last year, Facebook went through several regulatory hurdles to make Libra a success.
In an recent RTI response, the RBI clarified that there’s no ban on banks dealing with crypto exchanges and businesses operating in the country.
Goldman Sachs is hosting a special call for its institutional clients to discuss and learn about Bitcoin and the implication of recent policies.
Providing the BTC addresses and its correspondent signatures, a miner has busted Wright’s claim of being the Satoshi when he submitted the same addresses to the court as proof.
The advisors noted that the proposed stablecoin would help to accelerate trade among the four countries which will be crucial to the regions economic recovery after the major slowdown by COVID-19.
This week is theoretically being influenced by the recent bitcoin halving event, which has led to increased volatility on the cryptocurrency market.