Brian Armstrong explains that if the new regulations come in place, it will have widespread consequences on the country’s financial sector and could even risk America’s status as the financial hub for innovation.
As per the latest report, the Korean government is willing to give crypto exchanges an additional time to build an effective taxation infrastructure.
Ripple’s XRP tops the weekly charts surging over 100% over the last week. XRP is all set for higher move ahead after the latest breakout.
ETH price hits a new 2020-high surging over 30% over the last week and extending its year-to-date gains at 340%.
WorldCoinIndex Derivatives Report 2020 Week 47.
The SEC Chairman also called Bitcoin as a payments system and not a ‘security’.
Analysts at banking institutions are now openly accepting the demand of Bitcoin over Gold by an overwhelming margin.
Bitcoin hits a fresh new high for 2020 while moving within the 10% range of its all-time high. HNIs continue to invest in Bitcoin as a hedge against the rising inflation.
Bitcoin bulls rage in taking the world’s largest cryptocurrency above $17,600 levels and hitting a new 2020-high.
The CitiBank executives compares the gold bull run of the 2017 when there was a significant breakout in the price of the yellow metal amid rising inflation in the USD.