The markets suffered quite a beating during the weekend, and will probably continue to do so for a few more months. However, there has been some (possible) good news from the US government, which just had a hearing today concerning Cryptocurrency.
Many of the stances and testimonies that were taken has made me think that they took a very favorable approach to the Crypto and will allow it to flourish and thrive. For now I will continue to accumulate on these dips.
Also, I talk about a possible security vulnerability in the Ledger Nano S.
Written Senate Testimonial: http://webcache.googleusercontent.com/search?q=cache:http://www.cftc.gov/idc/groups/public/%40newsroom/documents/speechandtestimony/opagiancarlo37.pdf
Ledger Blog Post: https://www.ledger.fr/2018/02/05/man-middle-attack-risk/
The hearing went the way we hoped! Now has S. Korea come forth with their regulations, yet? I have a feeling that the market will be weak until then.
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They have as far as bringing extra scrutiny to exchanges, mainly kyc requirements and banning anonymous exchanges... Nothing more comprehensive as of yet to my knowledge. I think the market will be soft for the next few months.
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