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Nasdaq and Bank of America Thinks Cryptocurrency Is a Threat and Should Be Regulated

Nasdaq Inc. and Bank of America Corp. CEOs said crypto currencies are a threat and need to be regulated. According to Bloomberg, Nasdaq CEO Adena Friedman and Bank of America CEO Brian Moynihan spoke at a conference in New York hosted by MIT Sloan School of...

Does Buying Bitcoin Affect Credit History Also? Bank Of America Closes a Child’s Account Over Cryptocurrency

Bank of America Closes Account for My Three-Year-Old Child Due to "Crypto" Tim Enneking (father) is the general manager of the Crypto Asset Management company in San Diego, California . My daughter is 3 years old. Bank of America (BoA) closes his account due to the "risk profile" hehas on May 4th, and apparently the "connection" to the...

Investor Warren Buffett: “Buying Bitcoin and Cryptocurrency is Not an Investment”

Warren Buffett, an American investor and Berkshire Hathaway's CEO at the age of 87, once again underestimated crypto-currencies today, claiming that on April 28, purchasing Bitcoin is not an investment in an interview with Yahoo Finance in Nebraska,Omaha. "There are two kinds of things people think they have...

St. Louis Federal Reserve Bank: Three Basic Similarities Between Bitcoin and Deposits

St. Louis Federal Reserve Bank cautioned the similarities between Bitcoin and nominal currencies. Earlier this year, the American Taxation Office noted that income from crypto money should be taxed just like any other income, and underlining that there is not much difference in the taxation of nominal...

Indian Central Bank’s Cryptocurrency Ban Does Not Seem to Have Any Affect

On April 5, Bank of India ( RBI ) issued a warning to all banking and financial institutions in the country to cut off their dealings with Cryptocurrency-related companies. In the face of this incident, the crypto market in India was dragged into a panic, causing the crypto investors in the country to enter an...

SEC: Not Bitcoin, ICO Tokens Should Be Regulated As Securities

The debate about where the crypto currencies belonged came to light during the meeting of theUS Congress and the Securities and Exchange Commission . Crypto currencies were also discussed at a meeting of the US representative committee on April 26th with Wall Street regulators. At the meeting, it was mentioned that the crypto...
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