Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,48 trillion. Bitcoin increased by nearly 5% to reach around $40,000. Ethereum is up by almost 4% to cement its price above $2,100. XRP lost almost 1% in value this week. Almost all altcoins are trading in the green, with some exceptions. The DeFi sector increased the total value of protocols (TVL) to around…
FSMA
The FSMA Hopes to Introduce Crypro Regulations to Counter Illegal Transactions
A recent report reveals that the Financial Services and Markets Authority (FSMA) in Belgium wants to ensure that digital currencies undergo government regulations. The FSMA Chairman, Jean-Paul Servais, insinuated that Belgium's lawmakers should develop a legal guide to control the purchase, sale, and use of digital currencies. These guidelines are not just to guide digital currencies but any other financial products. Servais' remarks came on February 10 in a senate hearing. He explained that it's time for the Belgian government…
4 years ago 862 views