UnoCoin Founder Arrested For Operating India’s First Bitcoin ATM
Police in Bengaluru, India recently arrested UnoCoin cofounder Harish BV for "illegally" operating a Bitcoin ATM in the city barely...
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.
Rumors: Chances of SEC Bitcoin ETF Approval ‘High’ After VanEck Meeting
SEC Commissioner Kara Stein says a Bitcoin ETF approval will not happen until applicants meet a set of key criteria...
Japan Allows Cryptocurrency Industry To Regulate Itself
Japan has given formal approval for its cryptocurrency industry to regulate itself, the Japan Virtual Currency Exchange Association (JVCEA) confirmed October...
VanEck Tells SEC That Bitcoin ETF Concerns ‘Have Been Resolved’
Entities seeking to launch a Bitcoin ETF (exchange-traded fund) met with the US Securities and Exchange Commission (SEC) October 23 as...
ICE: Bakkt Will Go Live in December Pending ‘Regulatory Approval’
New York Stock Exchange owner Intercontinental Exchange (ICE) has announced its “regulated ecosystem” for cryptocurrency, Bakkt, would launch one month...
Albania Wants To Create ‘Shocking Novelty’ Cryptocurrency Regulation
The government of Albania has signaled that it wants to turn the country into a cryptocurrency-friendly jurisdiction in a new...
Int’l Financial Watchdog FATF to Introduce Cryptocurrency Rules in 2019
The Financial Action Task Force (FATF) – an international agency which is intended to tackle criminal activity across the globe,...
China Wants To Stop Anonymous Blockchain Use: Reports
New cybersecurity rules currently out for public consultation in China would notionally force users to provide their real identity to...
