Cryptocurrency Act of 2020
By Cryptomcmillan1 | Updated on May 24, 2020
The Cryptocurrency Act of 2020 is a bill which aims to clarify which federal agencies would regulate which type of crypto assets. It was introduced by Rep. Paul Gosar, a congressman from Arizona, United States of America.
Related Terms
Do Your Own Research (DYOR)
An advice for investors to do their own research on the coins they wanted to invest in
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
Open/Close
The price at which a cryptocurrency opens at a time period, for example at the start of the day; the price at which a cryptocurrency closes at a time period, for example at the end of the day.
Bear Market
Contrary to bull market, it indicates the direction of the market going for downward trend.
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