Coinbase is actively exploring opportunities within regions where regulatory frameworks for the cryptocurrency industry are well-defined. In the near future, its primary focus will be on the EU, U.K., Canada, Brazil, Singapore, and Australia.
Bitcoin ETFs might enhance adoption as digital assets provide a means to bypass government-enforced capital controls, according to a consortium of central bankers from the Americas.
Crypto requires speculating. The likelihood of a disturbance increases as it rises.
Financial authorities around the world are attempting to increase their control without stifling innovation.
It's unlikely that new recommendations from the Bank for International Settlements will encourage banks to keep bitcoin. However, they might open the way for CBDCs, according to our columnist.