Bank of England governor Mark Carney has said that bitcoin’s meteoric price gains do not pose a threat to global financial stability.
The Philippine central bank, Bangko Sentral ng Pilipinas (BSP) and the country’s regulators are planning to create regulatory standards for digital assets like bitcoin. This week the BSP Deputy Governor, Chuchi Fonacier, said the bank is working with the Securities and Exchange Commission in order to create regulatory guidelines for Philippine businesses and exchanges who deal with cryptocurrencies.
The CEO of Pantera Capital says Bitcoin could drop as much as 50% before moving to new highs, focuses on long-term vision. #NEWS
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