Prominent Twitter accounts and Reddit forums have urged people to purchase $30 of BTC to mark “Bitcoin Day” – with some calling for this to become an annual event on 7th September.
Title around crypto wallets could dismantle the concerns of individuals who are not getting involved in crypto because of fears regarding security. This development could, therefore, potentially mean a larger base of crypto users.
Liti Capital’s case against Binance will be a landmark for the industry. Many believe that sound regulation is required to ensure that exchanges like Binance are overseen in a sensible way, and that their clients are properly protected.
“We should not have any more than the barest minimum of regulation, but the trillion dollar or $100 billion companies that take our money for profit have a responsibility to their consumers. There has to be rules. There has to be regulations. There has to be some way where, if something goes wrong, you can hold someone accountable."
Bitcoin is highly volatile, and can move sharply in value in response to a short tweet from an influential user. Hanke calls it a “highly speculative asset with a fundamental value of zero.” The bitcoin community, he adds, behaves like a “religious movement” which might hold the price up in the short term.
Interested to learn more on the topic, explore different crypto-based solutions and network in person with other FinTechers?Join FinTech-Aviv, the Israeli FinTech Association in the upcoming celebration of Binance 4th Bday, themed The Payment Revolution in the Age of Crypto
Arthur sees DeFiance as a crypto investment fund, based on the traditional model of investing client money to realise returns, but all within the alternative DeFi ecosystem.
“While we tend to choose to ignore the noise from the Chainlink community, we feel obliged to react in this instance due to the gravity of the accusation.” Kunkel explains, “MakerDAO does not participate in nor benefit from liquidations in neither the Maker Protocol nor other protocols.
Fraser shared her policy regarding cryptocurrency before the U.S. Senate Banking Committee last month. She shared how her company was taking a ‘measured approach’ to cryptocurrency as the bank sought “to understand changes in the digital asset space and the use of distributed ledger technology, including demand and interest by our clients, regulatory developments and technology advancements.”
Jon had been watching CryptosRUs on YouTube again. He had spent hours following what users had been posting and commenting in Bitcoin & Crypto groups on Facebook.
In the United Kingdom, there appears to be strong political momentum behind a digital pound: earlier this year, Chancellor of the Exchequer Rishi Sunak announced that the Bank of England was to look at developing a central bank-backed digital currency - “Britcoin.”
The Chancellor’s Taskforce, announced last week at the UK’s Fintech Week conference, will “engage widely with stakeholders on the benefits, risks and practicalities” of allowing consumers and businesses to open an account with the Bank of England.
Where now for #bitcoin? It is widely accepted. A crypto exchange or 'Crypto company' has been listed. Institutional investors and central banks are increasingly adopting it. So where is the problem?
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