The U.S. is on the list of countries with a growing share of Cryptocurrency investors. And the country leads the world in the number of Bitcoin ATMs, suggesting Americans are eager to test the potential of virtual currencies.
In April, the Economic Affairs Committee of Panama’s National Assembly (AN) approved a bill to regulate digital assets. It aims to make it easier for Cryptocurrency exchanges to obtain licenses to operate in Panama. If the bill goes into effect, the government will also use Blockchain to store records transparently. Supporters of the initiative believe it will make Panama the digital hub of Latin America and attract investment from financial technology companies.
The Cointelegraph business publication, citing a reliable source, reported that XP has partnered with tech giant Nasdaq to launch a crypto exchange in Brazil. The new trading platform will reportedly start operating in the second quarter of this year.
Utah governor Spencer Cox of the Western United States has approved the creation of a special task force on Blockchain and digital innovation. Reportedly, its work will focus on developing recommendations for local government related to the impact of modern technology on policy.
The co-founders of the Cryptocurrency derivatives exchange BitMEX – Arthur Hayes, Benjamin Delo and Samuel Reed – must pay fines of $10 million each as part of a settlement with the CFTC. That’s what the Southern District Court of New York ruled.
EnergyFunders filed with the U.S. Securities and Exchange Commission (SEC) on Wednesday, May 4, requesting permission to sell shares of its mining farms through the Bitcoin Discovery fund. The company is willing to put its stake in the company, which owns autonomous natural gas production facilities, up to $10 million for a price of $5,000 per share.