Sounds like they are getting serious with the transactions now. Which is good.mlawson71 wrote: ↑Fri Jan 25, 2019 1:20 amThe Dutch central bank – the De Nederlandsche Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM) ave jointly proposed licensing requirements for all crypto exchanges operating on Dutch soil.
The proposal follows a request by the Dutch finance ministry, which asked AMF and DNB to develop steps to regulate the crypto market in an attempt to combat money laundering practices and the financing of terrorist activities.
The regulations will require all crypto exchanges and e-wallet providers to monitor, collect, and store customers’ transactions data on their platform and to report any suspicious activity to the authorities.
In regards to Bitcoin, volatility has been stagnant for some time now. It's a bit of a shame really as Bitcoin seems promising. Let's hope things get better.
Bitcoin Volatility Falls To Lowest Since Mid-November
A measure of bitcoin volatility reached a more-than two-month low today, offering the latest evidence of the digital currency's malaise.
The cryptocurrency's rolling 14-day volatility declined to a reading of 40, its lowest since mid-November, according to data provided by U.S. asset manager Blockforce Capital.
This compared to a reading of 100 at the start of 2019 and 85 four weeks ago, additional Blockforce Capital figures reveal.
The chart below provides a graphic representation of these changes in volatility:
Bitcoin's Range-Bound Trading
Bitcoin prices have been trading within a relatively modest range lately, fluctuating primarily between $3,500 and $4,000 so far in 2019, according to CoinDesk price data.
This contrasts with times of sharp volatility, for example last year, when bitcoin climbed from less than $1,000 to almost $20,000, additional CoinDesk figures show.
"Bitcoin has been consolidating around $3500 since the sharp drop in November," observed Jon Pearlstone, publisher of the newsletter CryptoPatterns.
He emphasized that before suffering that decline, the digital currency held the $6,000 level for more than six months.
Some market observers prefer higher volatility, as more significant price fluctuations create greater opportunity for traders to earn a profit.
However, there is a flip side to this coin.
Critics have highlighted bitcoin's intense volatility, stating that its sharp price fluctuations make it less useful as a medium of exchange.
The cryptocurrency's recent malaise has thrown cold water on this argument by enabling its use as a medium of exchange.
Source: https://www.forbes.com/sites/cbovaird/2 ... b75316455e