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Digital Currency Regulation Heats Up In The EU As Parliament Proposes Additional Rules

Europe is seeking to further tighten its grip on digital currencies including bitcoin. Previously, the European Commission has only proposed strict rules for digital currency exchange platforms and custodian wallet providers. Last week, the European Parliament proposed additional amendments meant to regulate digital currency businesses, adding a multitude of business categories, specifically disallowing anonymity. EU Legislative Process The […]

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Major Chinese Exchanges to Postpone the Return of Withdrawals

Today, all of the three major Chinese exchanges – OKCoin, Huobi and BTCC – announced that they will postpone the resuming of bitcoin withdrawals. All three of them have recently been inspected by the Central bank of China (PBoC). In almost identical announcements the exchanges stated they’ve actively been developing and upgrading their systems over the […]

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Chinese Congresswoman: ‘PBOC Should be Responsible for Bitcoin AML’

More information on the developments in China have been coming out recently, concerning the new regulations of Chinese bitcoin exchanges. On March 9th, Wu Xiaolin, the former deputy governor of the People’s Bank of China (PBOC) and congresswoman for the National People’s Congress, told a local reporter the central bank should be responsible for these types […]

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ETF Blues? Check These Alternative Exchange-Traded Bitcoin-Backed Instruments

A Bitcoin trading frenzy ensued in the weeks and days leading into the Securities and Exchange Commission’s rejection of the Bitcoin ETF. Many investors might be interested to know that numerous regulated Bitcoin-backed instruments exist across several traditional markets already. A Bitcoin ETI A bitcoin-backed ETN (Exchange-Traded Note) was approved back in 2015 in Sweden […]

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Examining SEC’s Decision to Reject Bitcoin ETF

On Friday, Bitcoin.com reported on the ruling by the U.S. Securities and Exchange Commission (SEC) rejecting Bats BZX Exchange’s proposed rule change to list and trade Coin ETF. In this article, we examine the reasoning behind the SEC’s decision and the Bitcoin community’s reactions. Reasons for SEC’s Rejection The SEC explained how the proposed rule […]

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Research Says Claims of Terrorism Financed With Bitcoin Are Exaggerated

A new report from a British defense and security think tank, the Royal United Services Institute (RUSI), reveals that reports of terrorism financed through Bitcoin are greatly exaggerated. ‘Treating Cryptocurrencies as an Exceptional Threat is a Misleading Impression’ RUSI consultant David Carlisle said that there is a lot of attention given to the possibility of […]

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