CFTC Commissioner: Bitcoin, Cryptocurrencies Are Not Going Away
Recent remarks from CFTC Commissioner, Rostin Behnam, reveal that US regulators are realizing that Bitcoin and cryptocurrencies are here to...
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.
Thailand Unveils New Detailed Cryptocurrency, ICO Regulations
Thailand’s Security and Exchange Commission has released a comprehensive framework for the regulation of the country’s cryptocurrency market. The laws...
4 Bitcoin Exchanges Must Turn Over Comprehensive Information in Manipulation Investigation
U.S. government officials have ordered multiple cryptocurrency exchanges to fork over comprehensive trading data in order to aid in their...
South Korea Claims $28M Tax From Bithumb But Finds No ‘Illegal Activity’
South Korea’s National Tax Service (NTS) has requested $30 billion won ($28 million) in taxes from major cryptocurrency exchange Bithumb...
Cryptocurrencies ‘Are Replacements for Sovereign Currencies,’ Says SEC Chairman
The SEC has revealed that it views cryptocurrencies like Bitcoin as "replacements for sovereign currencies," and has definitively deemed them...
68% of Cryptocurrency Exchanges Are Not Fully KYC Compliant
A recent study held amongst 25 different cryptocurrency exchanges across Europe and the U.S. revealed that only 32% perform full...
Poland: Cryptocurrencies Are Totally Legal (But Not ICOs)
Financial regulators in Poland want to clear the air on the alleged cryptocurrency crackdown in the country. According to the...
Former Alcoa Smelting Factory Turns To Crypto Mining In Upstate New York
Former Alcoa aluminum smelting facility has signed a deal with crypto-mining company Coinmint, to install one of the world's largest...
