India’s Largest Crypto Exchange Shuts Down Over Proposed Ban
Koinex, the crypto exchange which was once the largest in India by volume, is shutting down due to regulatory pressure,...
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.
CZ on India Bitcoin Ban: The more it’s banned, the more people want it
With bitcoin currently trading at a $500 premium in India, Binance CEO, Changpeng Zhao (CZ), argues that the nation's decision...
Bitcoin Back In G20 Spotlight As Industry Meets FATF Over Data Demands
Cryptocurrency exchanges will meet with the regulators who want to treat them like banks at the upcoming G20 Summit -...
New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses
Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be...
From Bitcoin’s Surge To Facebook’s ‘Big Brother’ Coin: Week’s Top Stories
25-year-old oxygen-drain, Justin Bieber, challenged 56-year-old Scientologist, Tom Cruise, to a cage fight, calling him chicken if he doesn't accept. But...
FINRA Fines Ex-Merrill Lynch Employee For Mining Crypto
The U.S. Financial Industries Regulatory Authority (FINRA) has fined and suspended a former Merrill Lynch representative for cryptocurrency mining. The...
‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks
Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF...
‘Trojan Horse For Bitcoin’ and 5 Other Predictions For Facebook’s Crypto
Wyoming cryptocurrency advocate, Caitlin Long, has been sharing her predictions for Facebook's forthcoming 'Libra' explaining why it may be a...
