Wednesday, May 29, 2024
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UK won’t regulate cryptocurrencies as a form of gambling

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Britain’s Financial Services Minister Andrew Griffith stated on Thursday that classifying crypto assets as a form of gambling would create discord with global and European Union regulators. This statement was a response to the Parliament’s Treasury Select Committee’s report

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ETF approval may boost Bitcoin’s liquidity, but it won’t be a game changer — JPMorgan

A possible approval of a spot Bitcoin exchange-traded fund (ETF) won't be a game changer for crypto markets, although it might benefit the leading cryptocurrency, according to a report by JPMorgan managing director Nikolaos Panigirtzoglou.Based in London, Panigirtzoglou is part of JPMorgan's global market strategy team. He believes that a

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Crypto firms won’t leave US despite apparent hostility: Merkle Science CEO

Despite recent narratives suggesting differently, the United States won't be losing its allure as a crypto hub, according to the CEO of blockchain analytics firm Merkle Science.A swathe of hostile regulatory actions leveled at crypto firms in the United States in recent months has led many top crypto executives to turn

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Ethereum price won’t see $2K anytime soon, market data suggests

Ether (ETH) price faced strong resistance at $1,920 after the 17.5% rally between June 15 and June 22. A number of factors contributed to the limited upside, including worsening macroeconomic conditions, the regulatory cryptocurrency environment, and weaker demand for decentralized applications (DApps) on the Ethereum network.ETH price faces macroeconomic

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Binance.US solves USD withdrawal issues but warns it won’t last long

U.S. crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last.The reportedly independent subsidiary of crypto exchange Binance told customers in a June 22 update that its system remains fully operational and that

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