The regulation of crypto currencies relates with the big crypto transfer. Circle now created a partnership with a payments technology company.

 

They started to make a step with the regulation of crypto in order to create a better liquidity under their payments method.  The blockchain is the answer for most of the informatic problems which appeared in the last  years. With the notion of Bitcoin and Ether, something more important has gone to the dean’s field. This is the platform made for the century of speed.

New York state  has kicked off crypto purchases with a regulation of crypto market. That means now any platform needs licensing rights under the name of ”bit license”. So exchange platforms has made regulations of crypto on their markets, in order to create peace into the crypto chaos. Bitcoin, Ether and other cryptocurrencies can gain from this regulations, because of the social psychology.   If regulations takes place, more and more people will come to the crypto coin market patch, because from the start there will be something safer.

How many other states will accept the regulation of crypto?

Another states in the US like Minnesota, Wyoming and Hawaii will follow up soon this movement. But for the moment they have not yet set out laws to create a regulation that stabilizes the market. On the other side, is Sweden that wants to implement crypto regulation. The idea of ​​Bitcoin in most of the companies, finance, transfers, and in most areas pushes the other nations to step up if not sooner than they do at least, at the same time, blockchain technology is something that would lead the world 50 years in the future.

The good part of the license is that New York had passed as regulation and laws itself.  One part  of the fees for transactions and profit made by citizens will be taken in a small percentage by the state. So the Circle investment app started to up the prices for Bitcoin, Ether and altcoins with 2% in order to pay the taxes for state from the citizen’s pockets. That’s why the state expects to receive a big revenue from the transactions.

The latest statement made it by Circle sounds like that:  “We’re eager to hear feedback on this early access version of Invest from everyone — from newcomers and from crypto experts alike,” describing the investment app in few words.