‘Illusionary’ Customer Protections: NY Attorney General Dampens Bitcoin ETF Hopes
Following a recent report of New York State’s Attorney General, an economist believes that the document confirms "zero" chances of a...
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.
John Mcafee: Decentralized Exchanges Will Trigger ‘Largest Economic Boom in History’
John McAfee, developer of the first contemporary antivirus software, is a cryptocurrency advocate. McAfee predicts that centralized exchanges will cease...
CFTC Chairman Urges ‘Do No Harm’ Approach To Cryptocurrency Regulation
Comparing the development of cryptocurrencies to that of the Internet, the Chairman of the U.S. Commodity Futures Trading Commission (CFTC)...
SEC and Institutional Investor Backing: A Question of Custody
One of the last major hurdles to the widespread institutional adoption of cryptocurrency is the issue of custody — where...
Ontario Securities Commission Approves Bitcoin Mutual Fund
While the U.S. Securities and Exchange Commission continues to contemplate whether or not to approve a Bitcoin exchange-traded fund (ETF),...
SEC Shuts Down Crypto Hedge Fund for ‘Wilfully’ Violating Securities Laws
The US Securities and Exchange Commission (SEC) has formally issued a cease and desist order to a cryptocurrency hedge fund...
Malta’s Push to Become a Global ‘Blockchain Island’ Seems to Be Working
Prime Minister Joseph Muscat classified Malta's efforts to become a crypto and blockchain-friendly jurisdiction as a “calculated risk.” So far,...
Chinese Cryptocurrency Traders Use Tether and VPNs to Bypass Ban
Cryptocurrency traders in China appear to have found numerous ways to circumvent the nationwide ban on trading with digital currencies....
