Hey folks. Seems we the flow of some bullish news have again started like before we saw a recent report by Reuters shares about Ferrari starting to accept payments in cryptocurrency for its luxury sports cars in United States and will expand the scheme to Europe following requests from its rich customers. The news were shared by Ferrari's marketing and commercial chief with Reuters.
We also saw Governor of California, Gavin Newsom approving a bill regarding crypto that would enforce strict regulations on businesses doing crypto operations, according to a report by Cointelegraph. The bill is set to begin in July 2025.
The bill will impose licensing requirements on cryptocurrency businesses, compel them to keep financial records, and grant regulators the right to audit their operations.
Well, I have no idea how will this regulation turn for crypto there in California but I personally believe in friendly regulations in order for crypto to experience mass adoption.
BitPanda, one of the largest crypto exchanges in Europe based in Vienna, BitPanda, according to Cointelegraph is now among the first international companies to be granted a license in Norway to provide virtual asset services. On October 19, the corporation made the announcement via its official X (previously know as Twitter) account.
BitPanda already have a license in other European countries like Austria, France, Germany, Sweden and Czechia. Acquisition of this license in Norway marks another step in the expansion of BitPanda in Europe.
Sounds good for the crypto community out there in Europe and on a larger scale for the rest of the crypto community globally as this may have implications for the whole crypto market when more people join the space.
Hive: 
X: www.x.com/newsintercept
Website: www.newsintercept.com
