This sort of 'news', if you even want to call it that, has come up time and time again with nothing actually going live. I'll believe it when I see it on the stock exchange bitcoin / crypto related stuff. Last thing I read showed that the SEC kept kicking the can on making the decision relating to crypto.I found this on the subject, unknown on the realiability of the source but it's something nonetheless -
https://cryptoslate.com/cboe-seeks-sec-approval-for-bitcoin-etf/Nasdaq is planning to launch cryptocurrencies in their exchange this year which is most likely to happen this year
Not true.
The problem is that they don't enable actual fiat to crypto trades like how we are used to trade on our current crypto exchanges. I'm not sure when they plan to enable actual trades, but at least it's better than nothing.
It will help legitimizing crypto more effectively amongst high level investors and institutions. Every attempt to do that is a gigantic boost for everyone in this industry. This is what we have been aiming for to achieve.
Bitcoin was frequently called a fraud and a ponzi scheme years ago, but this fraud and ponzi scheme is forcing itself deep into the core of the legacy economy, and it's just the beginning. Keep hodling your Bitcoins firmly.
But is that really what we want? To have more people investing in bitcoin for gain rather then using it as a currency?
You can't just flip and switch and have the infrastructure to have a crypto exchange. It takes a long time to build this out, so I would expect you hear an awful lot about it before anything actually happens, and probably for a long time while they're building it.
But is that really what we want? To have more people investing in bitcoin for gain rather then using it as a currency?
Lol, crypto investors only pay lip service to using it as a currency. The only thing 90% of the people who bought it care about is the price, and they don't care if it's going up because it's being used as a currency or not.
