Texas Regulators Clamp Down on Bitcoin ‘Ultra Mining’ Firm
The Texas State Securities Board has issued a cease and desist order against what it alleges is a fraudulent bitcoin...
Bitcoin Regulation
Bitcoin regulation has been a hot potato recently. Not a day goes by when news does not emerge somewhere in the world of new regulations being brought in. Crypto is such a new industry that governments are scrambling to keep up. The massive ICO boom of 2017 and 2018 led to a lot of bad actors entering the scene which has put the entire ecosystem in the spot light for regulators. Bitcoin regulation is not a bad thing, it is necessary to protect traders and investors from bad actors though governments will often use this as an excuse to clamp down on crypto companies. The nations of Asia appear to be further ahead with bitcoin regulation with Japan and Singapore leading the way. The US has procrastinated thus far but moves are afoot to accelerate the process as institutional interest increases and new bitcoin investment products await regulatory approval. At Bitcoinist we have access to the latest news and updates on regulation efforts around the world as nations either warm to crypto or decide to prevent their people using it.
Central Bank Digital Currency ‘Incredibly Rich Area’ Says IMF
Tao Zhang, Deputy Managing Director of the International Monetary Fund (IMF) has made a strong argument for the development of...
Zimbabwe Finally Decides to Regulate Cryptocurrency
Zimbabwe has long been a hive of cryptocurrency trading. But aside from some rumors after the government banned forex trading...
Crypto Now Legal In India? Not So Fast
Blockchain advocates have hailed the recent Indian Supreme Court’s pro-crypto ruling as a landmark for adoption and development. Now, new...
Is Crypto the Answer to Australian Banks Invading User Privacy?
Reports are emerging of Australian banks demanding customers complete detailed invoices over their use of funds as a condition for...
Crypto Trading is Now Legal in South Korea
South Korea’s parliament has officially recognized crypto trading as legal in the country. The move comes after two years of...
With Mike Bloomberg Out, What’s Next for Crypto in the US?
Billionaire Michael Bloomberg who previously advocated for clearer crypto regulations has dropped out of the race to win the Democratic...
Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’
Blockchain analysis company, Chainalysis, will provide crypto exchange CoinField with its Know-Your-Transaction (KYT) software, in a partnership announced yesterday. Chainalysis...
