India’s Bitcoin Industry Makes The Case For Self Regulation
The Indian government is seemingly at an impasse over which governmental regulatory body should be held responsible for cryptocurrencies. We...
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 African Reserve Bank Planning to Test Cryptocurrrency Regulations
The South African Reserve Bank(SARB), has officially announced its plans to experiment with cryptocurrency and Bitcoin regulations. Adopting Digital Currencies...
Bitcoin Gaining Commercial Traction In India Through Bollywood and Online Portals
With the Indian government contemplating the regulation and legalization of Bitcoins, Bollywood celebrities are endorsing the digital currency which is...
Judge Slams IRS, Allows User to Challenge Case on Coinbase
In a contentious ongoing case between the IRS and Coinbase, a user of the exchange was granted the right to...
EU: Population Rejecting Cashless Society
Back in January 2017, the European Commission proposed a plan to limit upper cash payments for individuals. The response was...
Convictions, Jail Time On The Rise In The U.S. For Selling Bitcoin
incidents of People are increasingly being arrested in the U.S. for selling Bitcoin via online sites such as localbitcoins.com. With...
Mystery Ethereum Millionaire Has Regulators Fuming Over Cryptocurrency Anonymity
A man who can only be identified by his anonymous digital wallet address has renewed concerns that many regulators have over...
India to Tax Bitcoin the Same as Gold
India’s government has still not come to an agreement as to how to regulate Bitcoin, but after toying with the...
