Bitcoin price WARNING: Crypto WILL be regulated & bitcoin's price will PLUMMET, warns CEO - Daily Crypto Bakers #10

in #crypto7 years ago

Today's hot news about crypto

World’s First Cryptocurrency Airport In Brisbane

  • Brisbane Airport (BNE) will soon become the first cryptocurrency airport terminal, according to reports from local media.
  • The move to digital currencies makes sense for the airport, as the number of crypto investors increases. According to Roel Hellemons, the General Manager of Strategic Planning and Development:

“Many people around the world have made money investing in cryptocurrencies and a lot of these people travel internationally, so it makes sense to offer a digital currency experience within our terminals.”

SEC, CFTC Chiefs Eye Closer Crypto Scrutiny

  • Two U.S. financial regulators are increasing their agencies' commitment to bringing closer scrutiny to the country's cryptocurrency industry.
  • Clayton and Giancarlo warned those who might try and circumvent the guidance, saying:

"The SEC is devoting a significant portion of its resources to the ICO market ... Market participants, including lawyers, trading venues and financial services firms, should be aware that we are disturbed by many examples of form being elevated over substance, with form-based arguments depriving investors of mandatory protections."

Bitcoin price WARNING: Crypto WILL be regulated & bitcoin's price will PLUMMET, warns CEO .

  • The CEO of Standard Chartered said he could not see any way where the cryptocurrencies and Blockchain were not going to be looked into by authorities.

  • He said: “We think it is very real, it is fundamental. We have got some extremely interesting early stage developments how clearing currency pairs with disrupted technology.

50 Cent accidentally made $8 million in bitcoin

  • In 2014, rapper 50 Cent let people buy his album Animal Ambition using bitcoin. He then let his account lie unused for years, and only just recently discovered that he’s now a bitcoin millionaire, as first reported by TMZ. Cool right ?


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