While Goldman Sachs is looking for a link between a trade war and an increase in the Bitcoin's price, sceptics say that this theory is wrong. In their opinion media manipulate exchange rates!
CEO of the consulting company deVere Group, Nigel Green, says that very turbulent times are ahead when it comes to financial markets, and Bitcoin is to become a kind of remedy.
Coinbase's CEO Brian Armstrong would like to create an open financial system, and his exchange wants to help with this idea.
The issue of regulating cryptocurrencies has come to light thanks to Facebook, which is planning to launch its own currency next year. Now the British FCA warns investors about cryptocurrencies. Why?
Facebook plans to launch its digital currency called Libra as soon as in 2020. However, it warns investors that many factors can prevent the project from succeeding.
At the end of July, another debate on cryptocurrencies and blockchain will take place in the U.S. Senate.
CEO of Binance exchange, Changpeng Zhao, also spoke on the subject of criticism of cryptocurrencies by politicians. In his opinion, the mere fact that the president of the US was interested in the subject has a positive impact on the industry.
Many people criticize cryptocurrencies arguing that they are a tool used to launder money. However, they are just a drop in the ocean of frauds being; cryptocurrencies are just a fraction of criminality.