🚩Bitcoin and Altcoin developments
The head of the Bank of #Russia has taken a tough stance on Bitcoin, despite growing criticism over how the bank is handling digital asset regulation.
The banking giant #Morgan #Stanley and #Blockchain Capital, spearheaded a fundraising tour for a DLT attempt Securite.
🚩Speaking to the #Financial #Times on Sunday, June 20, European Central Bank board member Fabio Panetta emphasized that the #European #Union must have a #Digital #Euro to #combat “threats” from other cryptocurrencies.
🚩The #Ukrainian #parliament has published an updated version of the bill “On Crypto Assets”. This update revises the bill designed to regulate the country's expanding crypto space.
🚩The Iranian government has suspended the #Iranian #Blockchain #Membership (IBA) after its efforts to violate the guidelines and operate in violation of its founding articles.
🚩Colorado lawmakers have passed legislation that paves the way for examining technologies like blockchain for water management.
🚩What are the other developments?
Economist Peter Brezin says that Bitcoin is a scam and evokes doom for investors.
The #FATF has launched an investigation into cryptocurrency regulation in #Malta. The Malta region has attracted over 60 billion euros in recent months with very favorable regulatory policies.
Elvira Nabiullina, Governor of the Central Bank of Russia, reiterated banks' negative stance towards Bitcoin and other cryptocurrencies.
The power outage caused the world's 5th largest mining pool to be moved from China to Kazakhstan. BTC.com announced the successful relocation of the first batch of mining machines to Kazakhstan.
🚩#Zebpay will join the body that proposes the regulatory framework for crypto in #India. “Crypto exchanges want to be a part of IndiaTech because we have come a long way in the last few months in the narrative and perception of this industry, ” Rameesh Kailasam said in a statement.
As Europe moves towards the creation of the digital Euro, a data-driven institution within the EU is calling for any design proposals that will prioritize privacy and protection. Most recently, Swiss bank #Dukascopy has launched Bitcoin, Ethereum and Litecoin CFD trading.