Bitcoin Legalization Update: Malaysia, Ukraine, and Indonesia
This past week produced some mixed news for the Bitcoin community, with one win and two losses. While the Malaysian...
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 Says National Governments are Going to War Against Bitcoin
At the Blockchain Global Summit event in Hong Kong, anti-virus pioneer John McAfee said that war between world governments and...
China Should Create Its Own Cryptocurrency ‘As Soon as Possible’
A researcher at the Central University of Finance and Economics suggests that the Chinese government should start its own cryptocurrency....
Bitpocalypse? Bitcoin Price Plunges as Chinese Exchanges Close
Major Chinese exchanges BTCChina and ViaBTC have announced they will shut down operations causing Bitcoin price to plunge as OKCoin and...
China’s ICO Clampdown Possibly Only Temporary Says China Expert
The deputy director of the Chinese Academy of Social Sciences, a top think tank based in Beijing, says that China's...
IC-No! China bursts Initial Coin Offering Bubble
Chinese regulators have today taken the unprecedented move of banning all ICOs. This follows news last week that authorities intended to implement stricter...
Chinese Regulators are Targeting ‘Pyramid Scheme’ ICO’s
After initiating withdrawal controls on Chinese cryptocurrency exchanges, Chinese regulators are now shifting their focus to Initial Coin Offerings. China...
Legal Experts: Investors May View SEC’s Statement as Validating ICO’s
Bitcoinist decided to dig deeper into the SEC's newly issued guidance on Initial Coin Offerings (ICOs) and its implications for...
