Bitcoin Bull Roars - and Other News
You have to be sleeping or dead not to see the positive market activity. Bitcoin is up 23% for the week and our beloved Steem is up a whopping 68% over the same time period. Hodlers are very happy.
- Meanwhile, Australia is implementing new regulations aimed at exchanges, setting a May 14th deadline for compliance: http://www.austrac.gov.au/media/media-releases/new-australian-laws-regulate-cryptocurrency-providers
- Another big exchange follows Binance to Malta https://support.okex.com/hc/en-us/articles/360002598072
- Pakistan freaks out and bans everything (must be some whales setting up their markets wanting some breathing room) http://www.sbp.org.pk/press/2018/Pr-VC-06-Apr-18.pdf
- And China continues to display its mixed messaging by blockchain solutions for its electric grid https://www.coindesk.com/chinas-state-electricity-firm-eyes-blockchain-to-decentralize-data-sharing/
All in all a very active week.