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This week, two U.S. committee hearings have taken place focusing on the cryptocurrency market, with both striking different tones as to the impact the industry is having. Yesterday, the House Committee on Agriculture focused on the emergence of digital assets in a digital age in agriculture. The hearing was entitled...
India is reportedly not going to issue a blanket ban on cryptocurrencies, but may label them as commodities, according to a source familiar with the situation. In a report from Quartz, a senior government official, who requested anonymity, stated that they don't think the panel set up to look into...
New research from global investing platform and crypto exchange eToro and the Imperial College London has found that cryptocurrencies have the potential of becoming a mainstream form of payment in the next 10 years. In the research paper, Cryptocurrencies: Overcoming Barriers to Trust and Adoption, it highlights that digital currencies...
IdentityMind, a Californian regtech company that serves cryptocurrency exchanges among other clients, believes that these platforms will witness explosive growth in the coming months, the company said on Tuesday. According to Neal Reiter, director of the ICO and virtual currency business unit of IdentityMind, there’s tremendous growth in cryptocurrency exchanges...
The Bank of England (BoE) has issued a letter to the CEOs of banks, insurance companies, and designated investment firms warning them of the 'reputational risks' of getting involved with cryptocurrencies. The letter, titled 'Existing or planned exposure to crypto-assets,' was written by Sam Woods, deputy governor and CEO of...