Former presidential candidate, member of the United States Democratic Party, Andrew Yang, has filed paperwork to run in the upcoming 2021 New York mayoral race. Yang has previously called for more transparent and uniform regulation around cryptocurrency.Andrew Yang to Run for New York City Mayor in 2021Earlier this year, Yang’s bid to the Presidency ended as he quit the race but this doesn’t seem to have deterred the politician from running for another influential position – that of New...
Read More »Coinbase Asks FinCEN to Prolong Feedback Deadline on Proposed Crypto Regulations
Following weeks of speculations, the US Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed a new set of regulations on self-hosted crypto wallets. The organization gave stakeholders 15 days to respond to the propositions, but Coinbase has continued opposing the idea and asked for an extension of that period.FinCEN’s Newly Proposed Crypto RegulationsThe cryptocurrency community has speculated on rumors that the US Treasury could be working on new legislation for self-hosted...
Read More »Japan’s SBI Holdings Establishes a Crypto Presence in the UK
SBI Financial Services – a company associated with Japanese monetary group SBI Holdings Inc. – has garnered ownership of the cryptocurrency trading enterprise B2C2 based in the United Kingdom.SBI Financial Services Now Owns B2C2SBI Financial Services is now set to become one of the first major financial firms to monitor and operate a cryptocurrency dealing desk, though the specific terms of the acquisition have not been divulged at the time of writing.In many ways, Japan has been a serious...
Read More »Crypto Businesses in UK Facing ‘Temporary Registration Regime’
Cryptocurrency companies in the United Kingdom could face temporary registration limits to continue their services.According to the statement, this regulation applies to crypto businesses in the UK that applied for the registration before December 16 this year, and are still pending. “This is to enable those existing businesses to continue to trade after 9 January 2021 until 9 July 2021, pending the FCA’s determination of their application”, said the FCA in their report.New companies that...
Read More »Bitwise Unleashes New Top Ten Crypto Tracking Platform
Bitwise Asset Management is unveiling its new Bitwise Ten Crypto Index Fund (BITW). The platform is designed to be an open-ended trust for new investors considering cryptocurrency exposure.Bitwise Is At It AgainBitwise has always been at the center of the world’s crypto arena. The company was widely regarded as the frontrunner to garner approval from the U.S. Securities and Exchange Commission (SEC) when it came to getting a bitcoin or cryptocurrency exchange-traded fund (ETF) established,...
Read More »TripAdvisor (TRIP) Shares Fell 1.68% in Reaction to App Ban in China
TripAdvisor has climbed nearly 2% in the last twelve months. However, after the app ban in China, the stock price went down.American online travel company TripAdvisor Inc (NASDAQ: TRIP) shares fell after China app ban. Apart from TripAdvisor, China also banned 104 other apps in the region. According to the Cyberspace Administration of China (CAC), the authority banned 105 apps for violating cyber regulations. Seeking Alpha reported that the travel company fell 1.68% to close yesterday at...
Read More »Crypto.com Lands Australian Financial Service License (AFSL)
The Crypto.com company currently serves up to 5 million customers providing them with a powerful alternative to traditional financial services.Payment service provider Crypto.com has secured the Australian Financial Service License (AFSL), further advancing the platform’s reach to expand its services to the Australian populace. According to a press release shared with Coinspeaker, Crypto.com secured the Australian Financial Service License following the acquisition of The Card Group Pty Ltd,...
Read More »Raoul Pal to Liquidate His Gold to Invest in Bitcoin and Ethereum
According to reports, 98% of Raoul Pal’s liquidated net worth would be invested in Bitcoin and Ethereum in the ratio 80:20.Raoul Pal, the CEO of Global Macro Investor and Real Vision has after months of declaring his support for cryptocurrency regulation and predicting a $1 million trading price for Bitcoin in the next five years finally decided to back his words with action. Pal has decided to liquidate his Gold to acquire Bitcoin and Ethereum. The former Goldsman Sachs fund manager did not...
Read More »How Bitcoin Gamblers can benefit from current Bitcoin price rise
It all started in the December of 2017, when the whole world acknowledged Bitcoin to be the viable tool for investment. All this was due to the price of BTC hitting a +$17K tag. Since then there has been much criticism, attempts of derailment and various regulations to slow crypto revolution down. Although today, these attempts proved to be futile, because at this point, Bitcoin is yet again around the same price tag, and it’s universally considered to go even higher. Whether you’d like to...
Read More »#1024 Bitcoin Mining Difficulty, Guggenheim BTC Investment & Raoul Pal tauscht Gold gegen Bitcoin
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1024. Im heutigen Video geht’s um folgende Themen: Bitcoin Mining Difficulty steigt, Guggenheim plant BTC Investment durch Grayscale Bitcoin Trust & Raoul Pal verkauft all sein Gold gegen Bitcoin. 1.) Bitcoin mining difficulty approaches ATH as price stabilizes above $18Khttps://cointelegraph.com/news/bitcoin-mining-difficulty-approaches-ath-as-price-stabilizes-above-18k 2.) Guggenheim plant Investment in BTC...
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