Crypto assets inch down, Bitcoin keeps to $6,500

Crypto assets inch down, Bitcoin keeps to $6,500

On Tuesday, crypto assets declined a bit, while Bitcoin kept to $6,500. Meanwhile, market participants kept digesting the recent wave of regulatory reports.

As a matter of fact, on the Bitfinex exchange Bitcoin headed south by 0.11% being worth $6,535.

With minor news flow on Tuesday, the number one crypto asset by market capitalization has slumped by 2% for the last seven days due to the fact traders considered recent regulatory measures in the cryptocurrency world.

News surfaced the previous week that the Financial Action Task Force, which is an intergovernmental organization established by the G7 to withstand money laundering, is going to publish its first regulations for crypto assets by June 2019.

As the FATF told, the fresh regulations will need every jurisdiction to regulate or license crypto exchanges as well as some firms in the proper way to provide encrypted wallets.

Marshall Billingslea, FATF governor stressed that the from time to time the regulator is going to conduct reviews just to make sure that countries are implementing the new regulations in the proper way.

In addition to this, the previous week the Chinese government uncovered plans to deprive blockchains of their long-lasting anonymity.

According to a draft policy from the the Cyberspace Administration of China, the regulations would apply to any China-based firm regarded as a blockchain information service provider.

The regulations suggest that blockchain service providers are obliged to register with the agency. They’re expected to provide their service types, names, industry fields as well as server addresses. The data would become available to anybody and reviews would be conducted by the CAC on a yearly basis.

Besides this, Ethereum declined by 1.38% hitting $203.56 for the last 24 hours. As for XRP, it decreased by 2.57% being worth $0.44792.



Evergreen buck goes down

On Tuesday, the evergreen buck slumped due to the fact that the key US bank started its two-day gathering, with many expecting the major financial institution to come up with a dovish outlook on monetary policy when the gathering concludes on Wednesday…

Latest news

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera