Video Digest, April 6: BTC Price, New Crypto Market Regulations in Australia

Apr 06, 2018 at 15:01 // News
Coin Idol video digest on April 6: Bitcoin price goes up and down again,  Australian cryptocurrency exchanges to meet new technology regulations.

BTC Price Goes Up But Not For Long

Japanese online brokerage firm Monex prepares to make a bid for Coincheck, a cryptocurrency exchange. It facilitated a rapid growth of Bitcoin price to $7,400 on Tuesday right after the information about Monex buying Coin check was revealed. However, soon after the price fell down and keeps moving up and down.

Australian Cryptocurrency Exchanges to Meet New Technology Regulations

The Australian Transactions and Reporting Analysis Centre announced the implementation of new crypto market regulations. According to them, all domestic cryptocurrency exchanges must obey the requirements which include anti-money laundering and counter-terrorism financing.  The mandatory obligations took effect starting Tuesday, April 3.

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