It’s Official: ‘Bitcoin Congressman’ Mulvaney is U.S. Budget Chief
The United States Senate has successfully confirmed U.S. Representative Mick Mulvaney (R - S.C.) to be President Trump’s Budget Director...
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.
North Dakota Lawmakers Dither on ‘Online Currencies’ Regulation
North Dakota remains undecided whether to regulate cryptocurrencies as legislation is passed and rejected by various state committees. Controlling 'Online...
Not Just China: P2P Bitcoin Trading is Also Soaring in These 9 Countries
As Chinese exchanges put BTC withdrawals on hiatus, LocalBitcoins is seeing new all-time trading highs - and not just in China....
VP Mike Pence’s New Chief Economist is a Bitcoin Supporter
Bitcoin supporter Mark Calabria from the Cato Institute has been selected to serve as Chief Economist for Vice President Mike Pence....
U.S. Congress Creates New Blockchain Caucus in Washington
What is constantly an issue, both now and in the future, is the concept of regulating and understanding blockchain and...
Bitcoin Price Drops Over 12% as Chinese Exchanges May Become ‘Bitcoin Banks’
It looks like the roller coaster that is Bitcoin price in 2017 is far from over. January has typically been...
Philippines ‘Legitimizes’ Its Bitcoin Industry with Friendly Regulation
The Philippines Central Bank has released guidelines on Bitcoin regulation, which “basically legitimizes the local Bitcoin industry.” Bank: Bitcoin Has...
Secret China Regulator Meeting Makes Bitcoin Volatile Again
Bitcoin dropped 3% Wednesday after news broke of a closed meeting between Chinese exchanges and the People’s Bank of China...
