Bitcoin, Ethereum start the week strong as countries clarify stance on crypto regulations

1 June 2021

in Bitcoin

Reading Time: 6 mins read

Bitcoin, Ethereum start the week strong as countries clarify stance on crypto regulations

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Edge › Bitcoin · Ethereum › Edge

US President Joe Biden proposed cryptocurrency regulations in the recently announced budget for 2022.

Rohan Jethi · June 1, 2021 at 8:23 am UTC · 2 min read

Crypto markets started the week green admist generally favorable developments from China, India, and the US, with all three clarifying recent comments and circulars to alleviate fears of an impending crypto ban.

In the US, a new budget presented by President Joe Biden included two proposals for the crypto markets aimed at helping to control tax evasion taking place via cryptocurrencies.

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