China’s Proposed Bitcoin Mining Ban Would Be Good For BTC Price
China's top economic planning body has unveiled its plan for future industrial structure, categorising industries as 'encourage', 'restrict' or 'eliminate'....
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.
US Congress Introduces Two New Cryptocurrency Bills
US lawmakers are exploring new blockchain regulations. US Congress just introduced two new cryptocurrency bills aimed to address price manipulation...
CME Chairman Admits Bitcoin’s Finite Amount is a Problem
CME Group chairman Terry Duffy recently revealed the biggest reason why regulators have been dragging their feet on Bitcoin and...
SEC Tells ICOs: You’re Forgiven If You Cooperate and Pay the Fine
The SEC is apparently going easy on ICOs who are cooperating, paying a fine, and returning the raised money to...
Switzerland Moves Forward to Fit Cryptocurrency Into Traditional Regulations
The Federal Assembly of Switzerland has voted in favor of putting cryptocurrency on equal footing as traditional assets. A Hesitant...
Brookings Institute Says the SEC Should Regulate Crypto-Assets
A report from the Economic Studies program of US think tank, Brookings, claims better regulation will benefit the crypto industry....
Canada Lawmakers Propose a Ban on Cryptocurrency Short Selling
The Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada (IIROC) have jointly proposed a framework for cryptocurrency...
Winklevoss: ‘Crypto Doesn’t Need Rules,’ Cryptocurrency Companies Do
Contrary to their Gemini billboard slogans, crypto doesn't actually need rules, clarified Cameron Winklevoss. Instead, it's companies that deal in...
