CFTC Chairman: Two-Thirds of Fiat Currency ‘Not Worth Paper It’s Written On’
The head of the US regulator Commodity Futures Trading Commission (CFTC) sees Bitcoin or other cryptocurrencies helping consumers escape fiat...
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.
Malta To United Nations: Cryptocurrency Is ‘Inevitable Future Of Money’
The prime minister of Malta, Joseph Muscat, told the United Nations that cryptocurrency is “the inevitable future of money” on...
‘Pivot to Asia,’ says Arrington After SEC Subpoena
Noted Crypto investor Michael Arrington announced in a Friday tweet that his firm Arrington XRP Capital is no longer investing in...
India: Crypto Ban Sees First Casualties as ZebPay Closes Doors
ZebPay officially announced that it was forced to stop activity due to legal and regulatory obstacles. 'Curb on Bank Accounts ......
‘Nothing At All’ Going on With Crypto Regulation, Says D.C. Insider
Despite the growing importance of the cryptocurrency industry, the US government’s position on crypto regulation remains frustratingly opaque. According to...
Ether is ‘Property’ And ‘Should Be Protected By Law,’ Says Chinese Court
A court in China has ruled Ether (ETH) is “property” and should come under the protection of the law in...
US Judge Rules Cryptocurrencies Are CFTC-Regulated Commodities
A federal judge ruled that cryptocurrencies meet the definition of commodities within the regulatory framework of the US Commodities and...
How People Are Still Buying Bitcoin and ICO Tokens in China
Despite the statewide clampdown on initial coin offerings, investors in China can still take buy ICO tokens fairly easy. Local...
