The U.S. Securities and Exchange Commission has officially approved the United States’ first regulated spot Bitcoin exchange-traded funds (ETFs) — just one day after a false announcement posted from the SEC’s official Twitter account wreaked havoc on markets.
The bitcoin (BTC, -1.27%) price was holding above $41,000, the highest since May, after a 10-day winning streak that was the longest in eight years for the largest cryptocurrency.
The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state.
Crypto exchange Binance appointed a chief regulatory liaison officer for the first time as it ramps up efforts to garner a more favorable view from financial regulators.
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The Monetary Authority of Singapore has reportedly decided to shut down cryptocurrency automatic teller machines in the city-state.
The statement issued by the Central Bank of Ghana suggests that the cryptocurrency nor the promoting company has no approval from the Central Bank of Ghana to operate in the Ghanaian banking and payment sector.
The main issue inhibiting regulation seems to be a combination of resistance and indecision both from regulators, which has majorly been a result of little or no understanding of cryptocurrencies.
Zanzibar, a semi-autonomous territory in Tanzania, is reportedly exploring ways to regulate and adopt cryptocurrencies like Bitcoin (BTC)
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