Uganda Blockchain Association Endorses Calls for the Creation of Crypto Regulatory Framework – Regulation Bitcoin News
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Bitcoin ‘golden cross’ due in days as bears draw a line at $47K BTC price
Bitcoin (BTC) returned to $46,000 after a brief consolidation on Tuesday amid continued surprise at the strength of BTC’s price comeback.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView3 days to Bitcoin golden crossData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $46,000 mark o Tuesday.The pair had spent the night
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Crypto Company Circle Seeks To Become Global Digital Currency Bank
The company behind the increasingly popular USDC stablecoin dreams big. Circle wants to leverage its know-how and good reputation to become “a global digital currency bank.” That means it’s also looking into becoming a digital currency bank in the US. Their plan’s announcement focused on that region of the planet,
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Indian crypto exchange becomes unicorn after $90M funding round
Mumbai-based crypto exchange CoinDCX has raised $90 million in a Series C funding, becoming the first crypto business in India to reach unicorn status. According to the announcement, the funding round was led by B Capital Group and saw participation from returning investors including Block.one, Coinbase Ventures, Polychain and Jump Capital.Following
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Operating a crypto exchange in Japan is ‘rather tough,’ FSA chief admits
The new commissioner of Japan’s Financial Services Agency (FSA), Junichi Nakajima, believes the country needs to think carefully before making Bitcoin (BTC) and other cryptocurrencies more accessible to the general public.Nakajima believes crypto assets like Bitcoin have the potential to benefit the public as a quick and cheap way to transfer
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Bitcoin investment products still suffering outflows despite price recovery
Institutional crypto products have seen their fifth consecutive week of outflows despite the bullish momentum in the markets. In its August 9 Digital Asset Fund Flows Weekly report, institutional asset manager CoinShares estimated that outflows totaled $26 million for the week. However, the report notes that outflows have shrunk compared to
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‘Crypto Mom’ Hester Peirce slams SEC for $10m Poloniex settlement
Commissioner Hester Peirce, known colloquially as “Crypto Mom,” has slammed the U.S. Securities and Exchange Commission (SEC) for its $10 million settlement with cryptocurrency exchange, Poloniex.The SEC announced the $10 million settlement on Aug. 9, with Poloniex being charged with facilitating trades in unregistered securities between July 2017 and November
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