1. According to Bitcoin miner and hosting provider Blockstream CEO Adam Back, the crypto industry will eventually find a way around, even in the face of regulatory pressure. Once an exchange shuts down or stops servicing one market, people will just move to another exchange, or move to an international exchange. If U.S. wire transfers are restricted, Bitcoin traders will move to open bank accounts in euros or Swiss francs to start trading in a different currency. The market is resilient and new options will always emerge.(Decrypt)
Global Crypto Mining News (Jun 12 to Jun 18)
Global Crypto Mining News (Jun 12 to Jun 18)
Global Crypto Mining News (Jun 12 to Jun 18)
1. According to Bitcoin miner and hosting provider Blockstream CEO Adam Back, the crypto industry will eventually find a way around, even in the face of regulatory pressure. Once an exchange shuts down or stops servicing one market, people will just move to another exchange, or move to an international exchange. If U.S. wire transfers are restricted, Bitcoin traders will move to open bank accounts in euros or Swiss francs to start trading in a different currency. The market is resilient and new options will always emerge.(Decrypt)