Crypto Exchange Regulations are Coming to Hong Kong
Financial regulators in Hong Kong will introduce clear cut rules to govern the operations of cryptocurrency exchanges. Meanwhile, reports show...
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.
CFTC Chairman: Cryptoassets Other Than BTC and ETH Can Become Commodities
Heath P. Tarbert, Chairman of the U.S. Commodity Futures Commission says cryptos classified as security tokens can become commodities. The...
New Singapore Payment Services Act Includes Forensic Crypto Tracking
Financial regulators in Singapore are looking to implement robust crypto tracking as part of efforts to combat financial crimes. This...
China Pumps $28 Billion into Economy, Crypto Waits For Boost
The Chinese central bank has pumped nearly $30 billion into the economy after recent data showed a slowdown. Chinese crypto...
EU Needs a ‘Common Approach’ to Crypto Regulation Says Commissioner
Valdis Dombrovskis — the European Union’s (EU) finance commissioner says crypto regulation will be a major focus of his if...
FCA Cryptocurrency Scam Probes Up 74% in 12 Months
UK regulators are increasingly shinning the spotlight on cryptocurrency businesses to root out bad actors. Combating Cryptocurrency Scams According to...
FCA Pondering Crypto-Derivatives Ban
The UK’s Financial Conduct Authority (FCA) intends to ban crypto-related derivatives aimed at retail investors, according to a recent article...
Lawsuit to Abolish BitLicense Moving to Highest NY Court
Theo Chino and his attorney Pierre Ciric have been trying to eliminate BitLicense almost since its enactment. Now they are...
