According to Reuters, U.S. Treasury Secretary Steven Mnuchin said Washington's main concern about the rise of cryptocurrencies has to do with their use in illicit activity. He has urged other nations to join the United States in regulating them.
According to Reuters, a senior Bank of Japan official has said that uniform global curbs on cryptocurrency trading may be hard to impose.
According to Financial Times, Swizerland has embraced cryptocurrency culture. Swiss economics minister Johann Schneider-Ammann has said the country wanted to be the crypto-nation.
Over at Bitcoin Magazine, an op-ed was published that points out a number of issues with the recently released Weiss Cryptocurrency Ratings.
Over on the BitMEX blog, a research article that explains the pros and cons of the Lightning Network has been published.
Featured image via Pixabay.
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Kyle first used Bitcoin in 2011. By early 2014, researching and writing about Bitcoin had become his full-time occupation. Currently, he contributes regularly to Forbes and CoinJournal. His work has also appeared in Business Insider, VICE Motherboard, Nasdaq, and many other media outlets. Additionally, he provides a daily Bitcoin news recap via a newsletter and YouTube show (audio only version available via SoundCloud), which can be found at kyletorpey.com.