Regulation

Dada Nexus (DADA) went public after being listed on Nasdaq with a share opening price of $16. During the IPO celebration, CEO Philip Kuai said that the company welcomes better auditing and regulation of the stock market.After filling to raise $264 million from the sale of ADSs at the beginning of the month, Chinese grocery delivery company, Dada Nexus Ltd (NASDAQ: DADA) was successfully listed on Nasdaq last Friday. The Walmart Inc (NYSE: WMT) affiliated company is confident to continue with...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 896. Heute sprechen wir über folgende Themen: Bitcoin Dip verursacht durch Miner Kapitulation, Krypto-Browser verdoppelt Nutzerzahlen & Strengere Regulierung für Bitcoin ATMs. 1.) Capitulation by Unknown Miner ‚Caused the Dip,‘ Says CryptoQuant CEOhttps://cointelegraph.com/news/capitulation-by-unknown-miner-caused-the-dip-says-cryptoquant-ceo 2.) Krypto-Browser verdoppelt...

Less than a week ago, the Government of the United Kingdom ‘unlocked’ £150 million from dormant accounts to help tackle the coronavirus pandemic. While it may look like a noble act on the surface, in reality, it reveals that governments, in collaboration with banking institutions and regulations, can easily lay a hand on private property.UK Seizing £150 Million From a Dormant AccountAccording to an official announcement on the website of the UK Government, authority “unlocked” £150 million...

Crypto trading can be a risky venture. That’s why it’s a good idea to rely on trustworthy trading firms that have rich experience in managing money and making big investment decisions.One of the major reasons why many conventional, as well as amateur investors, hold a skeptical position about cryptocurrency trading is its volatility. Five to twenty percent dips and surges are unusually common and if you are not cautious, a single trade can wipe off a substantial amount of your wealth. It’s...

The Switzerland government has rejected the 100 million Swiss Francs ($102.7 million) funding request made by the country’s famous Crypto Valley, according to a local media report.Located in the heart of Zug, Crypto Valley is a fintech friendly region with favorable regulations for cryptocurrency and blockchain startups, making it a much-celebrated blockchain hub. Despite the open arms towards blockchain technology, the recent COVID-19 pandemic has forced many private equity investors to...

The Libra Association has garnered a new addition to its family in the form of Checkout.com.Libra Is Growing AgainThe company announced last Tuesday that it would step aboard the Libra Association and serve as a governing member. In the future, Checkout.com will serve as one of the Libra leaders and help the organization assert governing regulations for how the currency can be used and what it can be used on.In a statement, the company announced:The Libra project holds the promise of...

Cryptocurrency prices are quite susceptible to news, according to a recent paper. While, somewhat unsurprisingly, adverse announcements lead to immediate sharp declines, the establishment of clear regulations tends to mark serious market gains.Crypto Reactions For News And RegulationsThe report compiled by the Federal Reserve Bank of Dallas initially questioned the efficiency of instituting actual regulations on cryptocurrencies. It argued that digital assets can “function without...

It looks like many Americans are potentially spending their newfound stimulus checks on bitcoin and other cryptocurrencies. Several digital currency trading platforms, such Coinbase, are reporting purchases of exactly $1,200 over the past few days, the maximum amount of the checks that citizens are receiving from the federal government.Paper Checks Are Going Towards CryptoThese checks are designed to give Americans some relief from the coronavirus pandemic that first began wreaking havoc on...

On Monday, April 20, 2020, Bitcoin (BTC) price dropped below $7,000. The fall comes amid coronavirus pandemic as findings by new research shows that clear regulation has a direct effect on Bitcoin price volatility.Bitcoin (BTC) price has seen its talk and analysis sharply rise almost making some forget we are amidst a deadly coronavirus pandemic. With 2020 halving just around 3 weeks to go, its price is being monitored very closely, owing to the number of both retail and institutional...

Bitcoin ATMs have come a long way in society. Many have expanded across the United States and abroad, giving more people the opportunity to potentially use crypto for the purchase of goods and services. While many people in the U.S. are stuck inside their homes and unable to move about much due to social distancing regulations, many ATM companies are reporting increases in transactions through their bitcoin machines.Bitcoin ATMs Are Growing Like CrazyThe consensus is that many people are...