2022-7-1 14:20 |
President Nayib Bukele announced that El Salvador had bought another 80 Bitcoin at an average price of $19,000 early Friday. Voorhees Criticizes El Salvador Government El Salvador keeps buying the...
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The federal regulator instituted a cease-and-desist against ShapeShift, which dissolved its U.S. crypto exchange in 2021.
In a July interview with Cointelegraph, CEO Erik Voorhees described full decentralization as an “iterative process” that can take many years.
The noncustodial cryptocurrency exchange first announced plans to integrate decentralized exchanges in January. Now, mobile users can trade BTC with ETH and LTC, without an intermediary.
The global financial market is in shambles. Fears over the spread of the Coronavirus have hit the markets so hard that the effect has been felt in the crypto market as well. The stock market is collapsing, and even the oil market is feeling the heat.
When ShapeShift implemented KYC requirements, Erik Voorhees lost 95 percent of his users. But he remains as committed to crypto as ever.
According to Shapeshift CEO Erik Voorhees, Bitcoin has proven itself over the last 12 years and should now be at least 1% of every portfolio allocation. Bitcoin (BTC) has arguably been one of the most appreciative assets in history.