Current Bitcoin Price: $3707 (as of 8:00 AM PST)
The cryptocurrency charts are still angled to the downside, with most currencies falling a further 2-5% over the last 24 hours. Bitcoin and XRP are down just 2% and 1.7% respectively, although Ethereum is down nearly 4%.
Bitcoin SV (Satoshi’s Vision) has crawled its way into the top-7 cryptocurrencies by market cap, existing as a product of the recent Bitcoin Cash hard fork. However, it’s down over the last 24 hours by a whopping 10%.
Top Bitcoin & Crypto News Stories for 27th November 2018
The SEC — the United States Securities and Exchange Commission — is one of the most relevant regulatory bodies in the cryptocurrency space, since a handful of digital assets could easily be classified as securities.
While they’re not necessarily in charge of regulating ICOs, the SEC has released a set of guidelines for those investing in ICOs to minimize their risk, also offering outlines for behaviors of those involved in the industry.
Blockchain is slowly becoming a genuine field of study, and so the last year has seen a huge rise in the number of higher education courses available for the topic.
The University of Tokyo has just launched its blockchain course, as funded by an $800,000 donation from the so-called Ethereum Foundation. It was rolled out earlier this month and is set to run into 2021.
The support for cryptocurrencies among traditional financial institutions isn’t just determined by their own interest in crypto, but also the government’s regulatory rulings on crypto. This is mostly true across the world.
That’s why Singapore’s Central Bank has released a new regulatory framework for payment providers, which will ultimately allow them to deal in cryptocurrencies if the requirements are met.