Crypto.IQ Daily Radio Show March 22: Mexico’s Central Bank Trying to Ban Cryptocurrency Exchanges, Dubai’s First Crypto ATM Shutdown Due to Lack of KYC/AML, AriseBank CEO Faces 20 Years in Prison After Fraudulent $4.25 Million AriseCoin ICO, Bakkt Valuation At $740 Million Despite Launching No Services Yet

March 22, 2019 / by Zachary Mashiach

Listen to the March 22 Crypto.IQ Daily Radio Show

On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. Bitcoin (BTC) got rejected at the $4,000 resistance level yesterday morning but is trying again to retest this critical resistance level. The crypto market is largely in the green this morning and poised for a rally if the $4,000 resistance level is broken. We discuss how the Central Bank of Mexico is proposing a law change that will make cryptocurrency exchanges illegal. We also discuss how the first crypto ATM in Dubai has been shut down due to lacking KYC/AML protocol but may reopen in the future once KYC/AML is implemented. Hear about AriseBank and AriseCoin, which promised customers a crypto-oriented bank with FDIC insurance and visa cards but was all a scam. The AriseBank CEO now faces 20 years in prison and has to pay back the $4.25 million of investments. Learn about how Bakkt’s valuation is now at $740 million and may hit $1 billion soon, which would give Bakkt crypto unicorn status, despite Bakkt not yet launching physical Bitcoin futures nor any other services.  

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