The United States, at the time of this writing, has no coherent direction
on its cryptocurrency regulation other than that there will be some
Not exact matches
While analysts have been calling Bitcoin a bubble, a topic as old as the
cryptocurrency itself,
others are blaming price fluctuations
on uncertainty in
regulations.
Although nothing much has actually taken effect
on the ground as of now, once the
regulations come into effect, investors in all probability will begin to shift their investments to the
other popular
cryptocurrencies, such as ethereum, litecoin, ripple, stellar and dash.
The price falls of bitcoin and
other major
cryptocurrencies — like ethereum, litecoin and ripple — have been attributed to a variety of factors, including news reports in South Korea and China about increased government
regulation on exchanges, as well as the closure of the popular crypto platform Bitconnect.
Furthermore, the current lack of
regulation is a major roadblock standing in the way of investment options like bitcoin (BTC - USD) and
other cryptocurrency ETFs listing
on major exchanges.
Policymakers around the world may debate ways to deal with the volatility of bitcoin and
other cryptocurrencies but imposing global, across - the - board
regulations on their trading won't be easy, a senior Bank of Japan official said
on Thursday.
On the
other hand,
regulations will soon settle and will allow
cryptocurrencies to grow in a fairly stable economy.
Regulations on cryptocurrencies and ICOs differ from country to country, with some like Korea and China having banned ICOs and others such as Russia and France planning to bring out regulations on cryptocurrency (see this Bloomberg story published
Regulations on cryptocurrencies and ICOs differ from country to country, with some like Korea and China having banned ICOs and
others such as Russia and France planning to bring out
regulations on cryptocurrency (see this Bloomberg story published
regulations on cryptocurrency (see this Bloomberg story published yesterday).
Speaking at the Deconomy Conference 2018
on April 3 and 4, the heads of various South Korean
cryptocurrency exchanges came together to discuss the rise of the «cryptoeconomy» in the country, and how they see it moving further keeping regarding
regulations and
other concerns.
Bitcoin and a number of
other cryptocurrencies are based
on blockchain technology, that uses a decentralized model to create a financial system without the
regulation of banks.
Given that bitcoin and
other cryptocurrencies have come under fire for their use in peddling drugs
on the dark web and funding terrorism, some countries throughout the world seeking to impose burdensome
regulation on the market.
ZB began work
on November, 1, the next day after
other Chinese
cryptocurrency exchanges ceased their operations due to the recent
regulation tightening in China.
Making Bitcoin Tax - Exempt in Ukraine Considering Bitcoin and
other cryptocurrencies have been around for quite some time now, one would expect most countries to have some form of Bitcoin
regulation on the books by now.
On February 9, 2018, an article the Telegraph noted that France and Germany's economy chiefs called for further regulations on Bitcoin, cryptocurrency and other virtual currencies tradin
On February 9, 2018, an article the Telegraph noted that France and Germany's economy chiefs called for further
regulations on Bitcoin, cryptocurrency and other virtual currencies tradin
on Bitcoin,
cryptocurrency and
other virtual currencies trading.
Other countries like India (that has ruled out
cryptocurrency as legal tender) are focused
on deciding clear
regulation for trading of
cryptocurrencies.
This is a commonly cited argument for why Bitcoin and
other cryptocurrencies are manipulated
on exchanges — not only are
regulations and enforcement loose, but it also requires a relatively smaller pile of money to substantially change the market price of many cryptoassets.
The summit ran for two days consecutively and was expected to touch
on matters concerning
cryptocurrency regulation among
other things.
Taking Yi's positive stance
on bitcoin and
other cryptocurrencies and his support for economic reforms, the appointment of the new PBOC can spark the start of a new approach when it comes to
regulation of virtual currencies in China.
The Supreme Court of India,
on November 13, had sought the response of the Indian government and its various agencies, including SEBI, Income Tax, RBI and ED to clear their view
on Bitcoin and
other cryptocurrency regulation.
CryptoUK will work with the UK
on issues like preventing Bitcoin (BTC) and
cryptocurrencies from being used in money laundering and
other illegal activities, but will not deal with ICO
regulation.
The Supreme Court of India
on November 13 had sought a response of the Indian government and its various agencies including, Securities Exchange Board of India, Income Tax Department, the Reserve Bank of India and the Enforcement Directorate to clear their view
on Bitcoin and
other cryptocurrencies regulation.
The Chairman of the FSC held a press briefing
on January 8, 2018, to further shed more light
on the inspection and
other vital issues about
regulation of
cryptocurrencies.
The news follows a recently filed public interest litigation (PIL) in Calcutta, by advocate Bivas Chatterjee, asking a court order to impose immediate
regulations on Bitcoin and
other cryptocurrencies.