Regulations

Story: PACTE Bill has Strengthened the Already Existing Cryptocurrency Regulatory Powers of AMF

By Dan Saada

1 / 10

The long and cold winter for cryptocurrency has been one of declining market values and bouts of regulatory crackdowns.

2 / 10

Bitcoin, Ethereum, and Ripple had the required momentum to work beyond the bears.  The price of Bitcoin has been trending above $5,200.

3 / 10

Visa has announced a partnership with Coinbase in order to facilitate its customers to make current purchases using cryptocurrency.

4 / 10

Visa stated that the cardholders “spend crypto as effortlessly as the money in their bank.”  It is also likely that the card will facilitate ATM withdrawals.

5 / 10

When making a remark about the move initiated by the partnership between Coinbase and Visa, Zeeshan Feroze, CEO of Coinbase UK commented, “Customers can use their card in…

6 / 10

Kraken has called Bitcoin SV as toxic.  They have announced their decision to delist Bitcoin SV following the results of a recent poll on Twitter.

7 / 10

The Kraken announcement read thus:  "Over the past few months, the team behind Bitcoin SV have been involved in behaviour completely antithetical to what we at Kraken and the…

8 / 10

The Pacte bill in France facilitates licensing of crypto custodial services, dealers and brokers.

9 / 10

Obtaining a license is optional; however, the AMF elaborated stating, “Whether or not they choose to obtain the optional license, service providers who wish to provide digital…

10 / 10

The Pacte Bill has strengthened the already existing regulatory powers of AMF.

The Currency Analytics

Want the full story?