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The two-year legal battle resumed. The rehearing of the case of Cryptsy users against the Coinbase trading platform has reopened in Florida district court.
Yesterday there were attempts to shake up the market and bring prices out of equilibrium. Will there be signals for the upcoming trend today?
A recent internal report by The Economic Times (India) revealed a major US-based investment firm that is leading the charge to bring cryptocurrency trading to the traditional stock market. Of course, this initiative comes with many challenges and difficulties, but the integration of digital currencies on major stock exchanges is what many investors are looking for and something that will bring enormous benefits to the entire industry.
The IMF published an article entitled “Monetary Policy in the Digital Age,” in which Dong He, Deputy Director of the Monetary and Capital Markets Department, discusses whether traditional monetary policy can survive the decentralization of the banking system.
The Commonwealth Bank of Australia (CBA), which recently categorically banned customers from buying cryptocurrency with credit cards, has agreed to pay a further A$700 million in legal fees for violating anti-money laundering and counter-terrorism laws that have helped some of the bank's drug-dealing clients make millions in profits.
The current year increasingly confirms the title of the year of regulation of the cryptocurrency market. At least this is the case for the SEC, which first created a working group on cryptocurrencies and is now appointing an advisor to oversee cryptocurrencies, as a logical extension.
At the OmiseGO AMA session, Vitaly Buterin announced that he had found a completely new solution to scalability problems. The creator of Ethereum has announced an improvement that will take it from processing 15 transactions per second now to processing 1 million transactions per second in the future.
Today the price of altcoins is in the stage of consolidation. An upward breakout is unlikely, but it cannot be completely ruled out yet
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