Bitcoin .org domain owner: US Bitcoin self-custody may be in danger
According to financial reports, the owner of the Bitcoin. org domain name "Cobra" warned of the dangers and restrictions that Bitcoin self-custody may face in the future. Cobra believes that governments around the world and the US government may be preparing to completely ban Bitcoin self-custody, which means that citizens will Bitcoin cannot be held without a custodial intermediary. In addition to Cobra, others are concerned about federal action against Bitcoin in this regard, with Satoshi Action Fund co-founder Dennis Porter launching a national initiative to bring Bitcoin and cryptocurrency rights, including self-custody rights , legislative protection at the state level in the United States.
Bitcoin .org domain owner: US Bitcoin self-custody may be in danger
According to financial reports, the owner of the Bitcoin. org domain name "Cobra" warned of the dangers and restrictions that Bitcoin self-custody may face in the future. Cobra believes that governments around the world and the US government may be preparing to completely ban Bitcoin self-custody, which means that citizens will Bitcoin cannot be held without a custodial intermediary. In addition to Cobra, others are concerned about federal action against Bitcoin in this regard, with Satoshi Action Fund co-founder Dennis Porter launching a national initiative to bring Bitcoin and cryptocurrency rights, including self-custody rights , legislative protection at the state level in the United States.
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.
CryptoSentinel :: DeFi IEOs & crypto news and analysis from jp
