Bitcoin at the $10,000 level, Argentina is being attacked by hackers, Ukraine introduced a bill on the confiscation of crypto

September significantly influenced the decline in the price of bitcoin. In just two weeks, the rate of the main cryptocurrency decreased by 20% - from $12.4 thousand to $10 thousand. It is noted that the fall in the value of bitcoin brought short-term traders out of the market, who bought crypto assets in the range from $ 10,000 to $ 11,000. They, being in a panic, began to sell coins against the background of the risks of a more significant decrease in the value of BTC. At the same time, long-term investors, on the contrary, held bitcoin and increased their stocks in the cryptocurrency, taking advantage of the bearish trend.

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The Argentine border guard closed the checkpoints for more than 4 hours on August 27, 2020. Hackers attacked, they installed encryption viruses on computers, while demanding $ 2 million in bitcoin. To prove the seriousness of their threats, they released some of the stolen data as evidence. The authorities decided not to enter into negotiations with the attackers, and a week later the ransom amount increased to $4 million. The Argentine authorities are still not worried about the possibility of data leakage.

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The son of financier Peter Schiff, Spencer, contrary to the opinion of his father, continues to actively buy bitcoins. We would like to remind you that Peter Schiff is in the camp of ardent opponents of the largest digital currency in the world. And periodically publishes posts on Twitter in which he criticises BTC, calling it a financial pyramid.

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The volume of monthly deposits of Russians on the CEX.IO cryptocurrency exchange has grown five times since the beginning of 2020. The exchange supports transfers from Russian banks, wants to add new payment methods for Russia, and the share of the ruble in the trade turnover is also growing. From August 3 to August 9, the BTC/RUB pair was ranked third in terms of turnover.

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The deputies of Ukraine introduced a bill that regulates the mechanism for the confiscation of cryptocurrencies obtained as a result of illegal activities. Virtual assets are proposed to be attributed to the number of electronic evidence of an offense. The bill also obliges providers to disclose data about user activity on the Internet. Similar requirements for telecom operators are already applied in the Russian Federation.

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Switzerland will establish a legal framework to regulate the crypto industry. Amendments to existing legislation will allow businesses to access the opportunities provided by blockchain technology. They will also push local banks to use blockchain in their financial products.

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Banks skip up to 90% of suspicious cryptocurrency transactions. This is the conclusion reached by the analysts of CipherTrace. Experts consider the number of blocked cryptocurrency transactions in bank reports to be underestimated, because banks do not understand how to track such transactions, or turn a blind eye to them.

It will be interesting to read: Plans for legalization: Ukraine wants to become the center of cryptocurrency