Chinese Court Awards Damages Against OKCoin, Says It Operates Illegally
A Chinese civil court has awarded damages against the parent company of popular bitcoin exchange OKCoin, saying the business is...
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.
Industry Report: News Surrounding Bitfinex Gets Weirder
News surrounding Bitfinex gets hairier, some warring views surface on bitcoin and its functions, and Colombia’s first digital exchange closes...
Industry Report: Steemit Is the Latest Victim of Cyber Crime
Russia pushes bitcoin, Mark Karpeles goes free, another massive crowdsale in the books, and Steemit gets hacked. Want to catch...
Industry Report: The Bitcoin Bill That Became Law
A Bitcoin bill becomes law, a new form of Mac malware emerges, and Steemit uses digital currency to steer traffic....
New EU Cybersecurity Laws to Cover Online Banking, Markets
The European Union (EU) parliament has approved a new set of cybersecurity laws, ordering firms in "essential service" industries like...
CTFC Levels 75,000 Dollar Fine at Bitfinex
The Commodity Futures Trading Commission Fined Bitfinex $75,000 today for “offering illegal off-exchange financed retail commodity transactions in bitcoin and...
Bitcoin Price Stays Put, Can Traders Finally Relax?
Since our last bitcoin price piece, the markets haven't gone anywhere. Presently, the price is hovering around $455, which is...
Peter Todd Exposes MIT ChainAnchor Project That Enables Tracking Bitcoin User’s Identity
In a surprising development on Wednesday, Bitcoin developer Peter Todd released information around MIT’s ChainAnchor project. ChainAnchor supposedly involves enticing miners...
