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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
18.6.2021
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region....
Hong Kong brokerage Futu halts crypto futures over regulatory issues
17.6.2021
Non-futures crypto products like Grayscale Bitcoin Trust are reportedly still available on Futu Securities
SEC Leaves Bitcoin and Cryptocurrency Off Regulatory Agenda 2021
16.6.2021
The U.S. Securities and Exchange Commission (SEC) has released its regulatory agenda which does not mention bitcoin or cryptocurrency regulation. Bitcoin, Cryptocurrencies Not on SEC’s Latest Regulatory Agenda The Office of Information and Regulatory Affairs released the Biden...
Finance Guru Suze Orman Likes Bitcoin Despite Regulation, Elon Musk Effect
16.6.2021
Personal finance guru and best-selling author Suze Orman has given advice on how to invest in bitcoin. She likes the cryptocurrency as a long-term investment despite regulatory uncertainty and the influence Tesla CEO Elon Musk seems to have on the bitcoin market. Suze Orman’s Bitcoin...
Democratic lawmakers have formed group to address regulatory concerns around crypto
15.6.2021
U.S. President Joe Biden is also expected to discuss crypto's role in ransomware attacks during his meeting with Russian President Vladimir Putin on Wednesday
South Korea’s small crypto exchanges face increasing regulatory heat
14.6.2021
Stringent regulatory policies in South Korea could force many small- and medium-sized crypto exchanges out of the country
Experts: Regulatory Uncertainty and Slow Embrace Hampering Crypto Growth in Kenya
14.6.2021
Regulatory uncertainty and the slow embrace of cryptocurrencies continue to be key impediments to the growth of Kenya’s digital currency market, experts say. They also assert that without speedy regulation, which they believe will hasten the adoption of digital currencies, Kenya’s...
Johannesburg Stock Exchange Rejects Bitcoin ETF Application, Cites Lack of Regulatory Framework
14.6.2021
South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the latest proposal by Sygnia, the JSE cites the “lack of a regulatory framework...
South Africa Working Group Releases New Position Paper Calling for Regulation of Crypto Asset Providers
13.6.2021
South Africa’s Intergovernmental Fintech Working Group (IFWG) has a released new position paper that calls for the regulation of the country’s cryptocurrency ecosystem. In the document, the IFWG, which is a creation of the South Africa Reserve Bank (SARB), recommends “a staged...
IMF Voices Concerns Over El Salvador Making Bitcoin Legal Tender
11.6.2021
The International Monetary Fund (IMF) has warned of “a number of macroeconomic, financial and legal issues” surrounding El Salvador making bitcoin legal tender. “Crypto assets can pose significant risks and effective regulatory measures are very important when dealing with...
Senator Warren Calls Out Bitcoin’s Energy Consumption — Bitcoiners Bite Back
10.6.2021
U.S. Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing. In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies need to operate. Warren also thinks cryptocurrencies are...
Concordium Debuts its Business-Oriented Blockchain Mainnet
10.6.2021
After years of development, Concordium has unveiled its permissionless blockchain and MVP that is designed to meet the needs of enterprises by delivering transparency and governance, all with an orientation towards protecting user privacy. Identity-Centric Network to Promote Broader Business...
Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible
9.6.2021
Iranian president Hassan Rouhani discussed cryptocurrencies at the most recent meeting of the government’s Economic Coordination Board and told participants that regulatory policy is needed to protect consumers. Rouhani believes the Iranian government should “communicate the necessary...
Crypto exchange giants mulling India foray despite regulatory uncertainty
9.6.2021
Kraken, Bitfinex and KuCoin could become the next major crypto exchanges to attempt to service India’s estimated 15 million crypto investors
Miami Mayor Confident Crypto Regulatory Issues Will Be Resolved — Says ‘Buy the Dip’
6.6.2021
The mayor of the U.S. city of Miami, Francis Suarez, explains how he plans to make his city the capital of bitcoin. He believes that issues surrounding cryptocurrency “will work themselves out,” adding that “in the end, there is only one thing to do: buy the dip.” Miami...
Thailand to target DeFi in latest regulatory clampdown
1.6.2021
A new DeFi yield farming platform in Thailand has rattled regulators
Chinese Traders Resort to OTC Desks for Regulatory Crackdown
31.5.2021
The government of China is imposing strict financial regulations to thwart the crypto boom. Amid the governmental crackdown, the crypto traders of China are trying hard to bypass the stringent rules by resorting to the Over-The-Counter (OTC) desks for cryptocurrency dealings. According to...
US regulators must collaborate on ‘regulatory perimeter’ for crypto: OCC head
31.5.2021
Acting OCC head, Michael Hsu, wants greater inter-agency cooperation in establishing regulatory guidelines for the crypto sector
Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
31.5.2021
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan...
Chinese traders turn to OTC desks amid regulatory crackdown
31.5.2021
Threats from China’s central government appear to have done little to quash local demand for crypto assets