Recent moves in the US economy are likely pushing BTC lower, making any Bitcoin profit unlikely. The dollar has recently strengthened as the Fed decided to skip a rate hike but still keep rates high.
Category: Cryptocurrency news
Hungarian authorities have identified the illegal use of cryptocurrencies in their country. Specifically, they have noticed its use for tax evasion purposes. This is quite illegal as the country does set a tax on crypto.
As we have seen over the last few months, crypto exchanges are under close scrutiny everywhere. The Chief for crypto enforcement at the SEC has warned that they will prosecute more exchanges soon. The regulator
Ethereum’s ability to drastically cut down on its energy use last year has been a major boost to the cryptocurrency. It seemed like it could really become a new crypto leader. However, this success has
The regulators in the Department of Financial Services (DFS) in New York have recently been reviewing their crypto policies. They concluded that they needed to update some of their rulings. This has meant creating new
Deutsche Bank is making moves so that it will be able to hold crypto like a crypto custody firm in the near future. However, for the time being, it wants to limit the client base.
Currently, the US is going through a huge push to regulate the crypto market. This has put many crypto staking platforms and crypto firms in general under scrutiny and caused many bankruptcies. The CEO of
Zodia Custody has recently made moves to launch its platform in Singapore. They also are owned by banks, as well as being partnered with them. The company helps people store their crypto off of crypto