Russia has been busy in 2018 doing other things other than just hosting the FIFA world cup. Russia has been busy trying to pass cryptocurrency regulation since the start of the year with no success as of yet. The government’s…
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Ripple Leads Coalition to Drum up Support for the Crypto Industry by Government
Crypto giants Ripple whose token is ranked third by market capitalization is at it again. This time leading a group of crypto startups to lobby lawmakers and financial regulators in the United States capital to throw their weight behind blockchain,…
US Lawmakers Petition the SEC for Clarity on Crypto Regulations
United States lawmakers have recently taken a notable interest in the crypto space with several sessions being held on the same as well as several sittings with blockchain enthusiasts and developers. Most recently, a group of United States Congress lawmakers…
US Congressman to Sponsor three Bills in Support of the Blockchain and Crypto currencies
United States Rep Tom Emmer is gearing up to present three bills in the floor of the house in a bid to support blockchain technology and cryptocurrency. This is according to a press release published September 21. The three bills…
European Parliament Legislators to Hold Meeting with Blockchain Experts over Possible Ico Regulations
Crypto enthusiasts shriek when the word regulation is brought up. This is because regulations normally have to do with some restriction by some financial regulator likely to make life harder for crypto enthusiasts and investors. This past week, members of…
The Eu to Discuss Further Crypto Regulation but This Could Be a Good Thing
Finance ministers from 28 member countries in Europe will discuss putting in place further regulation on cryptocurrencies due to concerns surrounding illicit activities and a general lack of transparency. According to Bloomberg, the EU finance ministers will convene at a…
India’s Top Bank Discreetly Forms a Unit to Look into Crypto
A new internal unit has been established by the reserve bank of India according to reports. This unit will be tasked with conducting research and regulating emergent technologies. The unit will specifically focus on cryptocurrencies, artificial intelligence (AI) and blockchain…
Bitcoin ETF: What is It and How Does it Work?
The Bitcoin ETF (Exchange-Traded Funds) applications, rejections, and rumors of possible approval have been affecting price action in the past few weeks. While the SEC is yet to approve a Bitcoin ETF that follows its requirements and addresses crucial security…
ETF Delay Sinks Bitcoin Back to $6,300 Level, NYSE Parent Company Launch Crypto Exchange
It was another dark day for Bitcoin, dropping 10% in price and more than $10 billion in market capitalization in the last 24 hours. As of press time, Bitcoin is trading at $6,350, total market capitalization is at $224 billion,…
Bitcoin Price Pulls Back Due to SEC Decision While Altcoins Tumble, Wall Street Crypto King Still Bullish
Bitcoin is currently undergoing massive pull back after recording gains around the $8,400 level last week. This is after the news that the SEC rejected the ETF application by the Winklevoss twins. As of press time, Bitcoin is trading at…