With Mike Bloomberg Out, What’s Next for Crypto in the US?
Billionaire Michael Bloomberg who previously advocated for clearer crypto regulations has dropped out of the race to win the Democratic...
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.
Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’
Blockchain analysis company, Chainalysis, will provide crypto exchange CoinField with its Know-Your-Transaction (KYT) software, in a partnership announced yesterday. Chainalysis...
NJ Politician Proposes New Crypto Regulatory Act
New Jersey lawmaker Yvonne Lopez is concerned. There is a lack of consumer protection in the crypto space and she...
Russia Decides to Outlaw Crypto as a Means of Payment
Russia’s Federal Security Service (FSB), the successor of KGB, agreed with the Central Bank of Russia that cryptocurrencies should not...
Hurry Up and Regulate Crypto, FSB Chair Urges World Leaders
The Financial Stability Board (FSB) is asking global finance ministers to step up their efforts in creating regulatory frameworks for...
Netherlands Shares Bitcoin Mixer Probe Report With J5 Nations
The Dutch Government is sharing intelligence data, including that gathered during last year's takedown of a Bitcoin mixing service, with...
SEC Forces Crypto Company to Return ICO Funds to Investors
The U.S. Security and Exchange Commission (SEC) has ruled that startup Enigma MPC violated federal securities laws when it conducted...
Michael Bloomberg Pushes For Crypto Regulation
U.S. presidential candidate Michael Bloomberg is proposing rules that will clarify the status of crypto assets within the financial system....
