In a recent briefing the U.S Secretary of the Treasury, Steven Mnuchin, revealed the government’s stance on cryptocurrency and the efforts it will carry upon to regulate Bitcoin.
It seems that despite all the advantages of programmable money and the many innovations it could bring into the table the U.S. government chooses to focus on the threats rather than the opportunities it affords them.
Despite the relatively negative tone the Secretary of Treasury the price of BTC surged 4.5% which some pundits describes as a demonstration of confidence to the underlying fundamentals behind BTC which allows it to function in a decentralized way without regulatory oversight.
Stepping back, despite the many corrections Bitcoin experience in the last few weeks since it started surging back in February the long-term outlook remains bullish.
Headlines for the world of Cryptocurrencies - July 15, 2019
- $5 Billion Tether Out Of Thin Air
- Bull Market Still Driven By Retail Investors According To Binance Chief
- PundiX Integrates With Traditional Sales Terminal
- Larry Sanger Co-Founder Of Wiki On Blockchain, Internet And Knowledge
- Mobile ID System To Launch In Korea
Headlines for the world of Cryptocurrencies - July 14, 2019
- Justin Wants To Invite President Trump For Lunch With Warren Buffet
- Blockchain-Powered Waste Management Launched In Italy
- No VAT For Cryptocurrency In Georgia
- Japan Looks Closely Into Facebook’s Libra
- Crackdown On Mining Operations In China Might Be Good For BTC prices
Headlines for the world of Cryptocurrencies - July 13, 2019
- Iran Becoming The Bastion For Cryptocurrency Miners
- Coinbase Whales Buying Up BTC After $1500 Dump
- Binance’s $2.5 Billion BNB Token Burn
- State Of Brazil Releases Blockchain-Enhanced Government Bidding Platform
- Crypto Now VAT-FREE IN Georgia
