Bitcoin Usage May Spike Following Cash Restrictions in Malaysia
Malaysia is set to become the latest country to impose restrictions on cash transactions. The move could force more people to look towards bitcoin and crypto adoption in general as a...
Small Nations Are True Pioneers Of Cryptocurrency Regulation
Whilst cryptocurrency regulation presents a huge headache to certain countries, it presents a huge opportunity to others. But how can a single asset class produce such polarised...
Australia Wants To Limit Cash Payments Not Cryptocurrency
Draft legislation from Australia’s Department of Treasury has proposed limits on cash payments exceeding $10,000. Interestingly, cryptocurrency is not negatively mentioned in the...
Good News For Bakkt? NYDFS Announces Crypto-Licensing Division
The New York State Department of Financial Services (NYDFS) yesterday announced the creation of a new division for licensing crypto-businesses. The ‘Research and...
Iran Gives Nod to Cryptocurrency Mining
Iran’s government has given the green light to a cryptocurrency mining mechanism, thus recognizing the Bitcoin and crypto industry, local media portal TehranTimes reported on...
US Treasury Sec: We Don’t Want Bitcoin Becoming a...
Now that the U.S. Congress and Senate have finished their hearings with Facebook, U.S. Treasury Secretary Steven Mnuchin has set his regulatory sights on Bitcoin. Increased Regulation...
Bitcoin Is Not Unnecessary, ‘Bitcoin Ban’ Is
Peter Switzer of the Switzer Financial Group says Bitcoin is unnecessary and should be banned. Again With the Pre-Enlightenment FUD Every so often, anti-Bitcoin rhetoric rears its...
New ECB Boss Christine Lagarde Could Enact Bitcoin Friendly...
Bitcoin and crypto-supportive legislation could be on the way now that Christine Lagarde has been selected to serve as the new European Central Bank president. Will the ECB Support...
New Bitcoin Tax Rules To Boost Crypto Market Growth
According to the Wall Street Journal, The Internal Revenue Service (IRS) is expected to update its guidance on Bitcoin tax treatment within weeks. In the meantime, members of the U.S...
Bitcoin, Crypto Assets and Libra Attracting Strict Regulatory...
Bankers, government officials, and regulators all over the world are feeling increasingly alarmed by the disruptive capabilities of Bitcoin, cryptocurrencies and blockchain technology...
India Reportedly Proposes 10-Years In Prison For Holding Bitcoin
Well, India obviously feels it has something to prove. Purportedly, its latest draft bill on bitcoin and cryptocurrency is the most draconian yet. [Editor’s note: The Bloomberg...
Indian Crypto Companies Are Now Helping Thailand’s Banks...
Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to...