๐Ÿ—ž Daily Crypto News, December 17th๐Ÿ’ฐ

  • European Union Terror Fears Drive New Crackdown on Bitcoin Across Member States ;
  • Bitcoin Not a Threat to Financial Systems, Says US Chief Financial Regulator
  • South Korean Cryptocurrency Exchanges to Implement Self-Regulation
  • North Korean Hackers Attacked South Korean Exchanges, NIS Claims
  • Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT

Crypto has been a magical journey so far. Nevertheless, I would advise everyone and especially new comers to be careful as it can go down as fast as it went up.

Take care my CryptoFriends.

๐Ÿ—ž European Union Terror Fears Drive New Crackdown on Bitcoin Across Member States

Citing pretext to end all pretexts, โ€œterrorism,โ€ European Union legislators moved Friday, December 15 to impose tighter controls on the worldโ€™s most popular cryptocurrency, bitcoin, through trading exchanges and related businesses.

Read more & Source: https://news.bitcoin.com/european-union-terror-fears-drive-new-crackdown-on-bitcoin-across-member-states/

๐Ÿ—ž Bitcoin Not a Threat to Financial Systems, Says US Chief Financial Regulator

โ€œVirtual currencies are only used by a very small number of consumers. We give a bit more credit to the potentially much broader applications of the so-called distributed ledger technology underpinning the innovations. It is noteworthy that this digital wave also presents a regulatory challenge, because the storage of data is decentralized, rather than being in one spot that governments can watch.โ€

Read more & Source: https://cointelegraph.com/news/bitcoin-not-a-threat-to-financial-systems-says-us-chief-financial-regulator

๐Ÿ—ž South Korean Cryptocurrency Exchanges to Implement Self-Regulation

Over 40 companies in South Korea are participating in cryptocurrency self-regulation. Among them are 14 exchanges which have agreed to implement self-regulatory measures; they include Bithumb, Coinone, and Korbit. This announcement came just one day after the Korean government released its emergency crypto regulation.

Read more & Source: https://news.bitcoin.com/south-korean-cryptocurrency-exchanges-self-regulation/

๐Ÿ—ž North Korean Hackers Attacked South Korean Exchanges, NIS Claims

As originally reported by local media outlets, the South Korean National Intelligence Service has traced previous hackings of domestic cryptocurrency exchanges back to the North.

Read more & Source: https://themerkle.com/north-korean-hackers-attacked-south-korean-exchanges-nis-claims/

๐Ÿ—ž Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT

1 billion USDT have now entered into circulation, again drawing attention to the operations of Tether. The eight-figure threshold for Tether was passed during the creation of nearly 300 million USDT that has occurred over the last seven days.

Read more & Source: https://news.bitcoin.com/93194-2/

๐Ÿ—ž Daily Crypto News, December 16th๐Ÿ’ฐ
๐Ÿ—ž Daily Crypto News, December 15th๐Ÿ’ฐ
๐Ÿ—ž Daily Crypto News, December 14th๐Ÿ’ฐ
๐Ÿ—ž Daily Crypto News, December 13th๐Ÿ’ฐ

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