Crypto Investors in Thailand Will Get Taxed
After the Bank of Thailand ordered the country’s financial institutions to steer clear of cryptocurrency, its military government has now...
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.
Australia’s Biggest Bank: No to Bitcoin, Yes to Mafia Money Laundering
Commonwealth Bank of Australia (CBA) has come under fire after an investigation accused it of helping the Italian mafia launder...
Crypto Exchange Bitfinex Searches for ‘New Home’, Sets Sights on Switzerland
Bitfinex, which is currently the 5th largest cryptocurrency exchange by 24-hour volumes, is contemplating at Switzerland as its new potential...
Crypto-Positivity Still Big in Japan Despite High Profile Hacks
As the flying taxi swoops past a building-sized electronic billboard, my robot driver flicks a switch. A screen bursts into...
Cboe Answers SEC Concerns Over Bitcoin ETFs
Nearly four months after Bitcoin futures hit Wall Street, trading giant Cboe Global is still working to allay U.S. Securities...
US Regulators Want Cryptocurrency Exchanges to Be Like Stock Markets
The SEC believes that cryptocurrency exchanges could improve by implementing similar principles of stock markets. Cryptocurrency Markets Resemble "Wild West"...
The Axeman Cometh – U.S. Gov’t Cuts Bitcoin Futures Watchdog CFTC Budget
Bitcoin futures watchdog, the CFTC, is "astounded" by Congressional budget plans which reduce their budget but increase spending for U.S...
4 Ways Criminals Are Trying to Cash out Their Bitcoin
Due to the increased spotlight on cryptocurrency, criminals are finding it more difficult to cash out their Bitcoin for fiat,...
