The Latest News in Cryptocurrency Developments: September 23rd 2020
Our weekly news roundup is here! Where we discuss the latest happenings in the crypto and blockchain space. Let’s jump into a closer look into this week in crypto!
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The Majority Vote for Crypto
Will investors increase the acceleration of cryptocurrency? According to a recent report, there’s a growing appetite for crypto with institutional investors. Evertas surveyed investors overseeing $78.4 billion worth of collective assets, and 90% of those surveyed expect a rise in crypto holding over the next 5 years. Read more.
Apparently, There’ll be Clarity
Two EU reports by the European finance ministers state that the regulation of digital-assets and DLT (decentralized ledger technology) will be put in place by 2024. Over the next four years, there will be comprehensive regulatory guidelines for the finance sector being developed. Many feel a clear and direct regulatory framework is highly necessary for the acceleration and adoption of cryptocurrency and blockchain technology here in Europe. Read more.
I Spy, Blockchain Adoption
With the concept of blockchain becoming widely accepted throughout the world and all eyes on digital assets, such as Bitcoin. It seems one of the largest foreign intelligence services The CIA, is leaving no stone unturned in their research around them. In fact, The CIA has recently opened a research and development arm called CIA labs and blockchain and cryptocurrency has been at the forefront of the list to decode. Read more.
Fiat, It’s Not You, It’s Me
Banking veterans, formerly executives at HSBC, Citigroup, Merrill Lynch have turned their backs on traditional finance and moved both their cash and expertise into a $50 crypto fund. Read more.
What did you think of this week’s developments? Which story sparked your interests the most? See you next time for our weekly low down on crypto and blockchain growth. We look forward to discussing the week ahead.
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