The coin pared its loss to 10% as of 12:40 p.m. in New York, up $8,000 from its lows. It has erased all the gains it clocked up following Tesla Inc.s Feb. 8 announcement that it would use corporate cash to buy the asset and accept it as a form of payment for its vehicles.
Ether Hits $3,000 as Bitcoin s Crypto Dominance Declines yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
While a ban on private crypto currencies will kill all future innovations in the crypto space, the virtual currencies do need a regulatory framework to protect the interest of investors
Minister of Financial Services, Trade and Industry and Immigration Elsworth Johnson.
NASSAU, BAHAMAS Minister of Financial Services, Trade and Industry and Immigration Elsworth Johnson on Thursday welcomed industry partners to a virtual symposium aimed at sharing the government’s vision of establishing The Bahamas as a leader in financial technology and digital assets.
“This symposium is reflective of our shared vision for ushering in a new wave of fintech innovations in The Bahamas, establishing this nation as a regional and world leader in the sector,” Johnson said as he addressed participants in a Zoom meeting.
“My ministry is fully committed to facilitating this work and collaborating with our partner agencies, industry stakeholders and leaders to ensure that we are going about this work in the most thoughtful way possible. We will continue to deliver on our mandate of advancement through innovation,” he said.