215,000+ Sign Petition Against South Korean Crypto Regulation – Government to Respond (news.bitcoin.com)

A national petition against extreme cryptocurrency regulations in South Korea has exceeded 200,000 signatures, the requirement for the government to respond. The petition entitled “Has the government ever dreamed a happy dream for the people?” was filed on December 28. Meanwhile, another related petition calls for the removal of the governor of the country’s Financial Supervisory Service.
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Harvard Professors Predict Bitcoin Collapse Due to Government Regulation

According to some Harvard economics professors, Bitcoin will eventually be destroyed through the weight of government regulation. Professor Kenneth S. Rogoff believes that the risk of financial anonymity will eventually create an environment where regulation would crush Bitcoin. He said:.
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Korean Government Starts Inspecting Major Banks for Crypto Regulation Compliance (news.bitcoin.com)

The South Korean authorities will start inspecting major banks for their compliance with cryptocurrency regulations on Monday. This move follows the regulators’ recent announcement prohibiting the use of virtual bank accounts for anonymous trading.
Also read: Russian Regulators Draft Law to Restrict Crypto Mining,


Despite Multiple Government Warnings, Indians Flock to Crypto Exchanges (news.bitcoin.com)

The Indian government has been actively issuing warnings regarding the risks of investing in cryptocurrencies such as bitcoin. However, Indians are not deterred, crowding to register at crypto exchanges in the country.
Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details
Indian Government Actively Issuing Warnings…


China is reportedly eyeing government regulation on the power usage of bitcoin mining

Experts say China is one of the world's biggest sources of bitcoin mining, where miners solve complex mathematical puzzles with computers in order to be awarded virtual coins. The intensive use of computers for bitcoin mining has boosted demand for electricity. While the People's Bank of China …
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Bitcoin triggers ponzi fear: Government in a huddle, plans crackdown

Bitcoin hit another all-time peak on Tuesday, two days after the launch of the first-ever bitcoin futures on a US exchange and ahead of the start of another futures contract next week, as investors grew optimistic that the $ 20,000-mark is within reach. Extraordinary surge in Bitcoin prices has caught the …
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