Gov’t Indecision on Cryptocurrencies Helps China, Says Former Congressman
Reporting in The Hill, Washington’s top political news source, former Republican George Nethercutt says it’s time for policymakers to allow...
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.
South Africa to Start Tracking All Cryptocurrency Transactions in 2019
Owning bitcoin in South Africa just got a little harder, or at least it will do by the end of...
Russia: Cryptoruble Coming ‘Within 2-3 Years,’ Gov’t Official Says
Russia could introduce the Blockchain-based alternative to its fiat currency, the ‘Cryptoruble’, within “two to three years,” a senior politician...
Expect ‘Large increase’ in Cryptocurrency Taxes Filed for 2018, Says Bittax CEO
Bitcoinist spoke with Gidi Bar Zakay, CEO and founder of Bittax at the recently held Israel Bitcoin Summit in Tel-Aviv about...
SEC Report: Examining Cryptocurrency a Priority in 2019
The Office of Compliance Inspections and Examinations (OCIE) of the United States Securities and Exchange Commission (SEC) listed the cryptocurrency...
Banks in India: Don’t Touch Bitcoin Or Your Accounts Will Be Closed
Reports on social media indicate that banks in India are threatening customers that deal in Bitcoin and other cryptocurrencies with...
China Quietly Makes It Illegal to Run a Node Without Gov’t Approval
China has introduced new regulations intended to promote the 'healthy development' of blockchain technology. However, the new law also entitles...
Japan and Korea Officially Approve Their Biggest Crypto Exchanges
South Korea's Internet & Security Agency (KISA) has granted an important certification to the country's leading cryptocurrency exchange Bithumb. Meanwhile, in...
