Institutional support for bitcoin growing, progressive regulations drafted

A bevy of incoming news from the past weeks includes more data legislation from the European Union, more negative bitcoin comments and updates on Fidelity’s upcoming bitcoin trading.
New data law for the European Union
According to a post from Fortune, the European Union will dish out a sequel to its “payment services directive,” called PSD2. Targeting financial firms, the law looks to “[b]oost competition and innovation within the industry by making banking and payments