Bitcoin, Ethereum, and Other Cryptos Are Not Securities, Says Belgian Financial Regulator

The Belgian Financial Services and Markets Authority has ruled that Bitcoin and Ethereum are not securities. The post Bitcoin, Ethereum, and Other Cryptos Are Not Securities, Says Belgian Financial Regulator appeared first on BeInCrypto.

Timeline of Bitcoin, Ethereum

A total of 100,000 Bitcoin (BTC) were withdrawn from Coinbase in the past two days, marking the third-largest BTC withdrawal in Coinbase's history. The post Bitcoin worth $1.5B withdrawn from Coinbase in 48 hours appeared first on CryptoSlate.

Wright, the self-proclaimed inventor of Bitcoin, was granted permission to serve legal papers on Cøbra as he sought a declaration of his ownership of copyright to the Bitcoin white paper.

Following promises from Binance CEO CZ, the exchange has released proof of reserves for Bitcoin held on the platform. The post Binance publishes BTC proof of reserves to provide more transparency on customer funds appeared first on CryptoSlate.

Crypto users have been complaining about a recent Consensys privacy policy update that says when Infura is leveraged as a remote procedure call (RPC) via Metamask, wallet and IP address data is collected. The news follows a similar decision the decentralized exchange (dex) platform Uniswap recently made concerning data collection.

BTC, ETH, or any other cryptocurrency that is generated by computer code is not classified as securities by a Belgian regulatory body.  Belgian Regulator Addresses Concerns Belgium's Financial Services and Markets Authority (FSMA) released a report on November 22, which addressed the question - are cryptos securities?

Bitcoin was marginally lower on Nov. 25, as markets returned to action following the U.S. Thanksgiving holiday. Overall, cryptocurrency markets were mostly in consolidation in today's session, with the global market cap up 0.12% as of writing. Ethereum was also largely unchanged, with the token hovering below $1,200.

Top cryptocurrency exchange Binance, in a recent announcement, unveiled the Merkle tree Proof of Reserves (PoR) system. According to Binance, this feature will increase transparency for user's funds.

After struggling to surpass $20,000 since September, Bitcoin price holds support at $16.5K following the collapse of FTX crypto exchange. The crypto market seems to slowly decouple from the U.S. stock market as crypto price remains under pressure.

Belgium's regulator stated that crypto assets like bitcoin and ether do not fall under regulations for securities, since they have no issuer. The post Bitcoin and ether are not securities, Belgian financial regulator says appeared first on The Block.

The crypto market is going through carnage since last year but among this bearish market one bull is keeping the market on good terms and that is Michael Saylor and his MicroStrategy.