Summer is in full swing, but Bitcoin continues to decrease rapidly. Thus, relatively recently, there was a rise, but the EU with its directives again returned the currency to the previous level. Money laundering is seriously considered by the European Union, which simply could not bypass Bitcoin. Now a unit of cryptocurrency costs $6200. The forecast of Bitcoin because of the EU’s innovations is made in the direction of a rapid fall. Despite the disappointing forecasts, Bitcoin keeps the capitalization of more than $100 billion – this is exactly a half of all mined cryptocurrency. Bitcoin keeps leading positions. Starting from July 9, Europe switches to a new interaction between financial institutions. Cryptocurrency will be regulated according to the directive, which is designed to reduce the flow of money laundered through the global network. Now even small transactions will be closely studied to determine their immixture in terrorism. The requirements for more transparent operations on crypto-exchanges are being derived. Strict rules will affect most of the players now keeping Bitcoins. There is information about the removal of anonymity for wallets that are actively involved in the market, exchanging cryptocurrency. Soon, each EU country will be obliged to adopt similar local laws that enshrine the previously adopted directive at the legislative level. Investors do not need this at all. Now the market is braced for what will happen next, which completely excludes further growth of Bitcoin. We should expect the intervention of government regulators on all cryptocurrency markets. Anonymity in its past understanding will cease be so. It can be expected that soon operations will be monitored on the pretext of protecting citizens from terrorism. According to the most optimistic forecasts, a new milestone will be created at $5800. Speculators continue to increase their profits dishonestly due to the retention of Bitcoin on one level. Almost a month the cryptocurrency has remained steady, but now it is time for it to come out of the shadows. There is no foundation for Bitcoin. It remains formless for now. We should wait for the EU’s innovations, which will definitely shed light on the future of all cryptocurrencies. Such changes simply have to happen, because Europe cannot afford to stay away from the hundreds of billions of dollars – the situation after Brexit is ambiguous. |
