EU regulation is catching up with crypto. Once an anarchic domain where only code was law, cryptocurrency’s rise to international notoriety has meant that the world’s legislators have been busy over the past few years creating a framework that just might tame crypto. The EU’s 5th Anti-Money Laundering Directive (AMLD5) is one example of this.…
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Several cryptocurrencies have broken out of their first resistance levels, which suggests that the bulls might be back in the game. Roughly 42% of the total Bitcoin supply has not moved in the past two years. This shows that the investors are holding on to their Bitcoin as they expect the price to rally further.…
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Binance’s research department suggests that a so-called alt season may be approaching the cryptocurrency market. Binance’s research department suggests that a so-called alt season may be approaching the cryptocurrency market. Reduced Bitcoin trading Binance Research, the market research arm of major cryptocurrency exchange Binance, released a report on Mar. 6 suggesting that the altcoin market…
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The German Financial Market Authority BaFin has ordered the crypto service provider and operator of bitcoin ATMs KKT UG to stop its business. The German financial watchdog is stopping the operations of a company KKT UG from Berlin that allows consumers to buy and sell cryptocurrencies at ATMs. Lack of necessary permission According to a…
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BitPanda CEO Eric Demuth explains why regulations are necessary to avoid a “Wild West” for crypto, and names first stop outside of the EU. The crypto ecosystem tends to see regulations as “the big bad wolf.” In this narrative, government and regulators set rules that slow down innovation and damage growth for the crypto industry.…
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The U.S. central bank continues inflationary measures to satisfy liquidity demands from lenders, as coronavirus plays havoc with stability. The United States Federal Reserve has funneled the equivalent of half the entire Bitcoin (BTC) supply into the economy — but banks want even more money. As the New York Fed confirmed on its website, so-called…
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Blockchain tech as the privacy keeper: How the distribution of metadata will help you to maintain privacy. It has been nearly seven years since Edward Snowden blew the whistle on highly classified global surveillance programs, inciting a national conversation about privacy in the digital age. One of these revelations was that the NSA had access…
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Spanish fintech CEO says blockchain will surely help the environmental initiatives across the globe. Corporates that advocate for Environmental, Social and Governance (ESG) responsibility initiatives should adopt blockchain technology, the CEO of Spanish blockchain software firm Finboot said on March 5th in a blog post. According to Finboot CEO and co-founder Juan Miguel Perez, to…
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Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. _____ Bitcoin Profit is a unique, automated trading platform that helps people carry out trading activities with bitcoin (BTC) and other cryptocurrencies with ease. There are now a large number of cryptocurrency trading apps available on the digital currency market.…
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Interlay received a grant from Web3 Foundation to develop a Bitcoin bridge on Polkadot that would allow wrapped versions of BTC to be exchanged on the network. Interoperability project Interlay has been selected to receive a Web3 Foundation grant to continue its work on Polkadot. The money will be used to develop a parachain on…
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