Russia: Holding Bitcoin is Okay, But Using and Mining It Isn’t
The Duma (parliament) representative in Russia may finally have given some clarity on cryptocurrencies, albeit inadvertently. While announcing potential fines...
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.
India Reportedly Proposes 10-Years In Prison For Holding Bitcoin
Well, India obviously feels it has something to prove. Purportedly, its latest draft bill on bitcoin and cryptocurrency is the...
‘Bankers Know They Can’t Stop Bitcoin’ – Says Max Keiser
Max Keiser has delivered a swift putdown of a US regulator head after he warned national TV cryptocurrencies such as...
Vancouver Bitcoin ATM Ban Is Wildly Misplaced
Since Vancouver police described Bitcoin ATMs as 'an ideal money-laundering vehicle', the council are considering banning them. Problem solved, eh?...
Has Kik Called The SEC’s Bluff on Crypto Tokens?
The ongoing dispute between crypto startup Kik and the SEC has this week seen a new defense fund set up...
Bitcoin An ‘Extremely Orderly Market’ – Bitwise Urges SEC to Approve ETF
According to new research from Bitwise, the public (and SEC) perceptions are wrong, and the real Bitcoin market is a poster-boy...
Circle Warns US Cryptocurrency Laws are ‘Chilling Innovation’
Goldman Sachs-backed cryptocurrency startup Circle says lack of clarity from U.S. regulators about digital assets is hurting the country’s crypto...
Authorities Seize Dutch Bitcoin Mixer in ‘Worrying Precedent’
Cryptocurrency figures have reacted with dismay after authorities in the Netherlands seized and shut down popular Bitcoin mixer Bestmixer.io. Europol...
