NYDIG: Germany, Mt. Gox, and miners selling have caused BTC's decline to be exaggerated
NYDIG’s Greg Cipolaro said recent blockchain moves have stoked “irrational” fears, providing investors with a buying opportunity.

NYDIG’s Greg Cipolaro said recent blockchain moves have stoked “irrational” fears, providing investors with a buying opportunity.
Indonesia and Australia unite in a crypto information-sharing pact to enhance tax compliance and support economic growth through transparent financial technologies collaboration.
Indonesia is tightening its grip on cryptocurrency operations, introducing mandatory registration with the national exchange. This move, fueled by local demand, aims to bring transparency and control to the crypto space. However, crypto exchanges must act swiftly to meet the August 17, 2024, deadline, or face automatic suspension from operations in Indonesia
The opening of this new exchange is intended to protect consumers, and will function as a futures clearing house as well.
The project, which has been in progress since December 2021, gained momentum with the endorsement of Pang Hue Kai, CEO of Tokokrypto, a licensed Indonesian crypto exchange partly owned by Binance.
ASIC has suspended the Australian financial services licence of FTX Australia Pty Ltd (AFS licence 323193) until 15 May 2023.
The country sees the tokens as a way to boost its economy.
China banned crypto trading and mining last year.
In a message to the ASX Pump Organization on Telegram, ASIC said: "Joint pumping up shares is illegal. We can see all trades and use trader identities."
The Indonesian government is reportedly still figuring out how to implement a cryptocurrency tax, but legislation passed in response to the pandemic lays the groundwork for it.