Japan’s New Bitcoin Law Could Do More Damage Than NY BitLicense
According to IndieSquare Co-founder Koji Higashi, new regulations in Japan, which will make Bitcoin an official form of payment (starting today April 1),...
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.
India: Zebpay Refutes Reports Minister Said Bitcoin is Illegal
India is the scene of conflicting reports over Bitcoin’s legality following suspicious statements from the government. Minister: Virtual Currencies Lack...
Chinese Bitcoin Exchanges Will Now Require Video Verification
Chinese Bitcoin exchanges are gearing up to resume cryptocurrency withdrawals following the implementation of a video verification procedure. Know-Your Customer via Video...
So What’s With The Bitcoin ATMs Popping Up in Russia?
A few Bitcoin ATMs have recently been spotted in a place not many expected: Russia. Bitcoinist spoke with the machines’ payment...
The China Syndrome: Are California’s Bitcoin Exchanges Doomed?
Increasing regulatory pressures have eviscerated trading volumes across Bitcoin exchanges in China. Bitcoin's shifting volumes and price are signaling that further disintermediation...
Chinese Bitcoin Exchanges Expected to Resume Withdrawals Soon
Withdrawals are expected to resume soon in China as Bitcoin exchanges are finalizing regulatory guidelines with the country's central bank....
Bitcoin Exchanges in China Must Now Identify All Users
China is continuing its crackdown on Bitcoin exchanges through regulation that has been taking place for the last two months....
Bitcoin’s Total Crypto Market Cap Dominance Drops to All Time Low
Altcoin markets continue an unprecedented rise as downward pressure on Bitcoin is blamed on China and continued community indecisiveness. Community...
