Peter Kerstens, a European Union policy advisor, has said the crypto market troubles could be seen as dissuading, or evidence of a giant Ponzi scheme, CoinDesk reported Thursday (June 23).
However, speaking at Brussels Blockchain Week, Kerstens said he sees it differently, feeling “very, very bullish about blockchain, crypto and Web3” and optimistic overall about the new technology.
Meanwhile, multi-asset digital trading platform Uphold will be taking its business out of Venezuela, citing “the increasing complexity of complying with U.S. sanctions.”
“Venezuela was one of the first countries to embrace Uphold and we love serving our customers there,” the company recently wrote in a support update. “We are taking this step very reluctantly.”
Uphold also advised affected users to get their funds out “as soon as possible,” saying the ability to trade will be halted on July 31 and all accounts will be fully restricted by September 30.
Furthermore, Louisiana Governor John Bel Edwards has...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...