The U.K.’s economic secretary to the Treasury, Bim Afolami, said the government’s priority is improving the payments landscape and providing regulatory clarity for digital assets and blockchain.
Bitcoin Regulations News
Bitcoin (BTC) was invented to challenge the hegemonic order of global finance, so naturally it has had a tense relationship with regulators since its early days. The technical and social roots of cryptocurrency largely stem from communities with a deep distrust of the state. From its design to its driving narratives, Bitcoin is a dissident technology.
However, due largely to founder anonymity, decentralized development and distributed architecture, Bitcoin has persisted despite early attempts by regulators to suppress the technology.
Nowadays, the legality of Bitcoin is not as ambiguous, and ongoing regulatory efforts are trying to situate it within finance rather than keep it out — from consumer protection and tax regulation to launching institutional investment vehicles such as exchange-traded funds (ETFs).
The challenge and concern around Bitcoin regulation is how patchwork legislation across jurisdictions may hinder the growth and maturation of the crypto economy that is intended to be a borderless, open financial system.
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Bitcoin price is down today after the rebound to $66,000 evaporated as traders cautiously observe how the market reacts to geopolitical events.
2986VALR receives two licenses from South Africa’s Financial Sector Conduct Authority following new requirements for exchanges in the country.
1953The mining industry in Norway has been largely unregulated up to this point, according to the country’s minister of energy, who cited concerns regarding the greenhouse emissions related to Bitcoin mining.
4231The crypto market is down today due to heightened risk aversion, led by the latest Iran-Israel conflict, which has already caused about $2.5 billion in liquidations.
12220Biden wants to impose a new 30 percent tax on the electricity that Bitcoin miners are using — regardless of how it's sourced. That means many will move abroad.
1525Metaplanet is following MicroStrategy’s lead by announcing that it will use Bitcoin as a treasury hedge asset.
3565In our latest video, we delve into the five most prevalent myths about Bitcoin, meticulously separating fact from fiction.
2752Gurbir Grewal claimed that the SEC’s standard for determining what a security is under the Howey test had been “clearly and consistently applied.”
1708The charter will enable WisdomTree’s newly founded entity to offer crypto custody, stablecoin issuance, and stablecoin reserve management services.
1523OKX was among the nine foreign crypto exchanges blocked in India after the local regulators issued compliance notices.
7961Steve Wozniak filed a lawsuit against YouTube and parent company Google over doctored videos that were used to promote a Bitcoin scam.
4867The Crypto Council for Innovation, Satoshi Action Fund, Texas Blockchain Council, Paradigm, Lejilex and the U.S. Chamber of Commerce all called on the SEC to establish guidelines.
2196Japan’s Government Pension Investment Fund, the largest pension fund in the world, is willing to learn more about Bitcoin as a potential diversification tool.
48183Crypto traders are struggling to hold Bitcoin price above $68,000, and altcoins are suffering as a result of BTC's weakness.
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