By Dmitriy Gurkovskiy, Chief Analyst at RoboForex
Bitcoin keeps growing robustly, its dominance reaching 68.4%, which is a two-year maximum. At the same time, the Ethereum is attempting a bullish trend. The general growth of digital assets in case the leading cryptocurrency manages to renew local maximums looks highly probable.
The British financial regulator Financial Conduct Authority has declared that it is not going to regulate the BTC and ETH, as well as other cryptocurrencies. In the document signed the cryptocurrencies are regarded as exchange instruments. Such coins are decentralized and in most cases used exactly as exchange means. The FCA has specified that such digital assets are out of their jurisdiction.
However, earlier the British regulator planned to ban selling such contracts as futures for the BTC to retail investor, which could put serious pressure on the cryptocurrency market in general.
Some time earlier, a computer game developer Blockade Games, which is trying to realize the Bitcoin Lightning Network…