Over the weekend we saw Bitcoin climb past $6,800 before dropping a little lower again. Today it remains over $6,600.
Now let’s see what else is happening in the crypto world. Brazil’s biggest brokerage Grupo XP, the owner of Investimentos SA is preparing for the launch of an exchange for bitcoin and ethereum trading.
This is expected to happen in the coming months.
Brazil’s government is trying to tackle issues facing the crypto world by strengthening cryptocurrency regulations.
And in other news, US Congressman Tom Emmer announced last week that he plans to introduce three bills to support blockchain technology and digital currencies.
Please remember this is news, not investment advice.
Sources: https://www.bloomberg.com/news/articles/2018-09-20/brazil-s-biggest-brokerage-begrudgingly-joins-crypto-market
https://emmer.house.gov/media-center/press-releases/emmer-spearheads-groundbreaking-legislation-support-blockchain
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