Bitcoin sets 3 huge records in 2019, Venezuela & Argentina set new BTC trading volume records and crypto firms can now apply for a license in France

Crypto2Cash
2 min readDec 28, 2019

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We proudly present to you today’s official Crypto2Cash Chronicle

Important, interesting and market moving news

28–12–2019

Bitcoin sets 3 huge records in 2019

Bitcoin’s transaction count, USD transaction volume and hash rate show that Bitcoin has reached technical strength levels never seen before:

  • The Bitcoin network processed more transactions in 2019 than during any other year.
  • In terms of USD, Blockchain notes the Bitcoin network moved more value than ever before this year.
  • Finally, Bitcoin’s hash rate continues to hit new heights.

Source

Venezuela & Argentina set new BTC trading volume records

Bitcoin weekly trading volumes on P2P trading platform LocalBitcoins in Venezuela and Argentina have hit new all-time highs.

According to Coindance, the week ending on Dec. 21 saw over 32.6 million Argentine pesos ($544.905) traded on the platform.

Coindance

In Venezuela, on the other hand, over 248 billion bolivars ($24,8 million) were traded on LocalBitcoins during the same week.

Source

Crypto firms can now apply for a license in France

France’s top financial regulator has published new rules regarding the licensing of digital asset service providers (DASPs).

To apply, each DASP has to send the AMF a two-year business plan, a list of digital assets the firm is going to service, the list of geographies the firm will operate in and the firm’s organizational chart among other things.

Source

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Crypto2Cash
Crypto2Cash

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