BTCC CEO Bobby Lee Warns That China Needs Bitcoin Regulation
The BTCC CEO Bobby Lee addresses the need for cryptocurrency regulation saying it could "run amok from society" if measures...
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.
Colombia Clarifies Stance: Bitcoin is Not Illegal
The country of Colombia recently clarified its stance on Bitcoin, following previous reports from 2016 that it had been declared illegal there. ...
Regulation Exemption for Bitcoin Becomes Law in New Hampshire
New Hampshire bill HB436 will exempt "persons using virtual currency from registering as money transmitters", the first legislation of its kind...
Bitcoin Lottery Startup TrueFlip Banned in Russia
The Bitcoin-based lottery TrueFlip was banned in Russia and is now planning to take the case to court. TrueFlip Lottery Banned...
EU, Interpol Form ‘TITANIUM’ Consortium to Stop Criminal Use of Virtual Currencies
The European Union’s (EU) latest attempt to centralize data from decentralized systems comes in the form of dark web project...
Russia Will Develop ‘Only Freely Tradeable’ National Cryptocurrency
Russia has confirmed it is developing its own bank-backed cryptocurrency amid mixed reports about its future status. Central Bank VP:...
Chinese Bitcoin Miners are Closing Shop in Fear of Future Clampdown
Chinese Bitcoin miners are deliberately shutting down operations due to worries over future regulatory pressure. Chinese Abandoning 'Legal' Mining As...
Bitcoin Back Above $2400 as China’s ‘Big Three’ Exchanges Ease Controls
The Big Three Chinese exchanges have finally resumed Bitcoin withdrawals as trading volume appears to be coming back, pushing BTC...
