Bitcoin Regulation
Kazakhstan Following Russia’s Lead with Own Cryptocurrency
Kazakhstan has become the latest country to show an intention of creating its own fiat-based digital asset, following in the footsteps of its former Soviet...
Australia’s Bitcoin Regulation Bill Gets the Green Light
Australian authorities are making progress with revisions to the AML/CTF bill which will include bitcoin exchanges under the scope of Australian legislation for the...
India Central Bank ‘In Process’ of Making Bitcoin Regulation, Withholds Details
India has refused to comment on its progress with cryptocurrency regulation, only appearing to confirm that official plans were “in progress.”
Reports by local news outlet Economic...
Mastercard CEO Attacks Bitcoin, Finds Solace in Government-Backed Cryptos
Ajay Banga, CEO of Mastercard, has leveled a scathing attack on any and all cryptocurrencies that are not government mandated, calling them “junk”.
Digital currencies are...
China Hints at Licensed Bitcoin Exchanges with ‘Zero Tolerance’ on Cryptocurrency Crime
China’s official press agency issued a statement condemning virtual currency as a tool used by the criminal underworld to evade government prosecution. The agency...
What’s Really Behind China’s Crypto Ban?
China’s cryptocurrency ban could be a temporary move to appease international agencies and certain communist party members ahead of the upcoming Communist Party convention, according...
European Central Bank ‘Does Not Have Authority’ to Regulate Bitcoin: ECB President
European Central Bank (ECB) president Mario Draghi stated that the agency does not have the authority to regulate bitcoin and other cryptocurrencies.
ECB Does Not...
Singaporean Banks Abruptly Terminate Accounts of Bitcoin Exchanges
Earlier this week, two local bodies representing the local financial technology (fintech) industry have revealed that Singaporean banks have denied banking services to bitcoin...