We all know banks are afraid of crypto, they know the potential and the purpose it has. That is why the Dutch Central Bank (de Nederlandse bank) has made plans to regulate crypto companies by requiring them to get licenses in order to operate.
Some governments see the advantage and others just see the threat crypto brings with it, and not just some. Most of the countries would like to ban or regulate crypto and Some already have. Now the Israeli government has launched an offensive hoping to track down cryptocurrency warning that aren’t reported by Israeli citizens.
A lot of people in the crypto community agree on one thing, in order to make the price of bitcoin rise we are going to need the mass adoption to take place and in order to achieve this we need institutional investors to step in the game. There has been a lot of talk around the subject of traditional investors and banks stepping in but are these jus roomers or is the mass adoption closer than we think?
Some great news has recently come up in the crypto community. The Swiss exchange also known as SIX has announced they will be offering the world’s first multi-crypto Exchange Traded Product ETP called HODL5.
South Korean market analysis paper Cindicator states that the country is in the lead as the most crypto-friendly country looking at the latest development. According to the report South Korea is even leading country’s like Malta, Estonia, Japan, Switzerland and Singapore on this matter.
A new businesses and analysts backed UK report calls the new government plans to regulate cryptocurrencies a “blunt instrument approach”. The repport contains heavy plans to regulate crypto which could have a major impact in the future of crypto.
India is making quite a name for itself in the crypto community. The one day it is known as the country that wants to ban cryptocurrency the other it is known for the country that wants to launch its own stated-backed cryptocurrency once more getting a lot of attention from all over the crypto community.
A website which has potential for the future is Crypto table. Crypto Table generates crypto news from all over the internet including the big websites like Cointelegraph, Ccn and Coindesk. They also offer news from the smaller websites since these also offer Some interesting news story’s.
One continent still remains undetermined, Africa. There is still a lot to win for crypto in Africa and there is a country that could lead the African crypto community. One of the most developed counties in the African continent is South Africa, and they have the option to play a big role in Africa’s future.
We have not seen it in a long time a really positive day for crypto, but Wednesday the 12 it was there. Coins went up like on the end of December. Bitcoin went from 6.200 dollars to 6.550 and Ethereum saw a price rise of 20%.