CoinMarketCap published this video item, entitled “Mexico – Legal Tender? [ October 15 / 21 ]” – below is their description.
For more information about crypto and today’s stories, just Ask Alex: https://CoinMarketCap.com/Alexandria/
🔵 CoinMarketCap Daily Timestamps:
0:00 BTC Hits $60,000 on Some Exchanges as ETF Buzz Grows
Given how it has taken just two days to bounce back from a brief dip to $54,700, excitement is building that a new record price could be imminent for BTC.
Bitcoin hit $60,000 on some exchanges in the early hours of Friday — leaving the world’s biggest cryptocurrency less than $5,000 away from securing a new all-time high.
https://coinmarketcap.com/alexandria/article/btc-hits-60-000-on-some-exchanges-as-etf-buzz-grows
2:27 Does SEC Tweet Hint Bitcoin ETF Approval is Imminent?
The tweet, sent from the SEC’s Investor Education account, has amassed more than 3,000 retweets at the time of writing — considerably more than what its content normally enjoys.
The U.S. Securities and Exchange Commission has raised eyebrows by tweeting about the “potential risks and benefits” associated with investing in a fund that holds Bitcoin futures contracts. On Monday, the SEC is due to reveal whether it will approve the ProShares Bitcoin Strategy ETF. Although this is only going to be based on futures, a number of analysts believe the exchange-traded fund is likely to be given the green light — becoming the first BTC-related ETF in the U.S. as a result.
https://coinmarketcap.com/alexandria/article/does-sec-tweet-hint-bitcoin-etf-approval-is-imminent
3:55 Crypto ‘Not a Fad,’ Morgan Stanley’s CEO Says
“I don’t know what the value of Bitcoin should or shouldn’t be. But these things aren’t going away, and the blockchain technology supporting it is obviously very real and powerful,” he says.
https://coinmarketcap.com/alexandria/article/crypto-not-a-fad-morgan-stanley-s-ceo-says
5:07 Coinbase Calls for Crypto Regulation Shakeup
“Elements of past laws do not accommodate the efficiency, seamlessness and transparency of digital asset markets,” the exchange says.
Coinbase is calling for one regulator to be made responsible for digital asset markets — and for cryptocurrencies to fall under a separate framework.
The exchange says it has embarked on a “rigorous consultative process” that involved months of discussions with regulatory experts and government officials.
https://coinmarketcap.com/alexandria/article/coinbase-calls-for-crypto-regulation-shakeup
6:38 Dozens of Countries Vow to Tackle Ransomware Threat
A joint statement says the “uneven global implementation” of rules relating to virtual assets is exacerbating the problem.
Ransomware is “an escalating global security threat with serious economic and security consequences” — and the inconsistent enforcement of cryptocurrency regulations is helping hackers cash in, a joint statement from countries around the world has warned.
https://coinmarketcap.com/alexandria/article/dozens-of-countries-vow-to-tackle-ransomware-threat
8:34 Mexico Has No Plans to Make Bitcoin Legal Tender
Although excitement is growing throughout Latin America after El Salvador took the plunge, Mexico’s president says his country will not be following suit.
Mexico’s president has said that the country has no plans to adopt Bitcoin as legal tender — despite growing interest across Latin America.
Speaking at a news conference, Andres Manuel Lopez Obrador warned against innovating too much in financial management —
https://coinmarketcap.com/alexandria/article/mexico-has-no-plans-to-make-bitcoin-legal-tender
9:34 Major U.S. Mortgage Lender Ditches Crypto Payments
Just six transactions were completed using crypto during a trial period spanning September and October, amid signs there was a lack of appetite among borrowers.
https://coinmarketcap.com/alexandria/article/major-u-s-mortgage-lender-ditches-crypto-payments
11:07 BONUS
What Happened in Play2Earn Games and NFTs This Week?
🔔 Subscribe to not miss tomorrow’s crypto news alerts!
🔵 Coin Market Cap is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
Founded by Brandon Chez in May 2013, CoinMarketCap or CMC has quickly grown to become the most trusted source by users, institutions, and media for comparing thousands of crypto assets and is commonly cited by CNBC, Bloomberg, and other major news outlets.
📲 Download our app!
IOS : https://apple.co/3dOkokH
Android : https://bit.ly/3gHyJkS
🤝 Join CoinMarketCap!
Follow CoinMarketCap on social!
https://twitter.com/CoinMarketCap
https://www.facebook.com/CoinMarketCap
https://www.instagram.com/CoinMarketCap
https://reddit.com/r/CoinMarketCap
📩 Subscribe to our Newsletter!
CoinMarketCap YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
