IMF: Crypto Assets Could ‘Reduce Demand’ For Central Bank Money
In light of the global financial crisis of 2008, the invention of Bitcoin and other cryptocurrencies has caused many 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.
South Korea’s Supreme Court: Bitcoin is an Asset
The Supreme Court of South Korea overturned a pre-existing law in order to seize some 191 bitcoins, thus legally recognizing...
Germany: Finance Regulator Says 6 Institutions Involved In Cryptocurrency
Six financial institutions in Germany are already "dealing" in cryptocurrency in some form, the country’s finance ministry has confirmed. BaFin...
Crypto Exchange Giant Coinbase Announces Opening of Japan Office
Coinbase has officially opened its office in Japan, paving the way to allowing Japanese cryptocurrency investors to use the platform...
Indonesia Legitimizes Cryptocurrencies, Classifying Them as Commodities
Indonesia's Trade Ministry Futures Exchange Supervisory Board (Bappebti) has ruled that cryptocurrencies will be future trading subjects or commodities at...
HitBTC Plans To Allow Japanese Trading Via ‘Subsidiary’ By Q3 2018
Cryptocurrency exchange HitBTC is pushing ahead with plans to establish a Japanese subsidiary after banning accounts allegedly linked with the...
Ulterior Motives Likely Behind Google’s Blanket Ban on Crypto Ads, Experts Claim
Google’s decision to ban all bitcoin and cryptocurrency adverts on its platforms isn’t going down well with cryptocurrency and blockchain...
Russia Central Bank: Crypto Risk To Global Finance ‘Small’
The central bank of Russia has repeated its stance on cryptocurrency in its latest statistical bulletin, claiming its impact on...
