SEC Indecision Prompts ‘Wall Street Kids’ To Appoint Their Own Crypto-Police
SEC indecision has led companies including several Wall Street veterans to form the Association for Digital Asset Markets (ADAM). Advised...
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.
UK: FCA Investigations Into Crypto Businesses Have Doubled Since May
FCA (Financial Conduct Authority), UK's Financial watchdog, has doubled the number of investigations into cryptocurrency companies to 50 since May...
South Korea Approves Its First Cryptocurrency Exchange Upbit
South Korea's Internet and Security Agency (KISA) awarded Upbit an information security management system (ISMS) license, for its strong infrastructure. Upbit Becomes...
Bitcoin ETF ‘Definitely Possible,’ SEC Commissioner Confirms
SEC commissioner, Hester Peirce, recently appeared on the 'What Bitcoin Did' podcast, confirming that a Bitcoin ETF was definitely possible....
French Tobacco Shops Authorized to Sell Bitcoin Starting January 2019
Thousands of French tobacco shops will begin selling Bitcoin coupons from January 1, 2019 forward. Commonly known as "Tabacs," the French...
India Ready to Unveil Cryptocurrency Law Next Month
The government of India may provide clarity on cryptocurrency regulation as soon as next month with a new draft bill...
SEC Slaps Paragon, Airfox ICOs With $250,000 Fine
US regulator the Securities and Exchange Commission (SEC) repeated calls for ICO token issuers to comply with securities laws November...
The Only Regulated Bitcoin Exchange in Germany Will Become A Bank in 2019
The operator of Germany’s only regulated cryptocurrency exchange has confirmed it will de facto become a bank after securing a...
