Daily highs became the starting point for the resumption of decline in cryptocurrency pairs. Today, after a short consolidation, the decline will continue
The study showed that Bitcoin can be used to calculate actual, rather than artificially set, fiat currency exchange rates. Gina K. Peters of University College London presented a paper entitled “Bitcoin Reveals the True Exchange Rate and Reveals Capital Controls” at the Royal Economic Society's annual conference in March.
According to the Wall Street Journal, one of the world's largest cryptocurrency exchanges, Coinbase, has filed an application with the US Securities and Exchange Commission (SEC) to register as a licensed brokerage firm. This will allow the exchange to provide services related to those types of cryptocurrencies that the SEC classifies as securities. In addition, it could serve as an incentive for the exchange's competitors to also register with the SEC and submit to government oversight.
According to the regulator, companies in the cryptocurrency derivatives market are engaged in activities that require permission from the UK Financial Conduct Authority (FCA).
Apple Inc. have begun work on a new touchless gesture controller and curved screen for iPhone that will help the company add a unique touch to its best-known product in an incredibly fast-growing market.
The Rothschild family, the Soros Foundation and finally the Rockefeller family enter the game - who's next? Venrock, a venture capital firm worth about $3 billion owned by a legendary American family, is investing in cryptocurrency and Blockchain business innovation.
RBI representatives have recognized the potential of Blockchain technology and digital assets for the financial system and believe that they should be actively used in the interests of the national economy. India's national regulator, the Reserve Bank (RBI), has created an inter-ministerial commission to study the use of government-owned cryptocurrencies as legal tender and the implementation of its CBDC. The interdepartmental group will present the first findings in June this year.
Pakistan's central bank said on Friday that cryptocurrency is not legal in the country and has banned banks and other financial service providers from servicing clients carrying out cryptocurrency transactions. The regulator said that persons using cryptocurrency to transfer funds outside Pakistan will be held accountable.
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