Roles of Regulators Decided in India, Rules on Bitcoin Coming Soon

India will soon have its own rules on bitcoin. The responsibilities of various regulators have been determined, a high-ranking official revealed. Relevant institutions are currently finalizing a comprehensive government policy on cryptocurrencies. Representatives of the Indian crypto community, …
Google Alert – bitcoin

Roles of Regulators Decided in India, Rules on Bitcoin Coming Soon (news.bitcoin.com)

India will soon have its own rules on bitcoin. The responsibilities of various regulators have been determined, a high-ranking official revealed. Relevant institutions are currently finalizing a comprehensive government policy on cryptocurrencies. Representatives of the Indian crypto community, meanwhile, have quashed fears of an imminent ban.
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Bitcoin

Hong Kong Regulators Send Warnings to Non-Compliant Cryptocurrency Exchanges (bitcoinmagazine.com)

Regulators in Hong Kong have issued a strict warning to exchanges doing business with Chinese customers about trading tokens deemed as securities without a license.In an announcement today, Hong Kong’s Securities and Futures Commission (SFC) said it has sent letters to seven Hong Kong exchanges and firms attempting to fundraise through initial coin offerings (ICOs), warning them about the…

Bitcoin

‘Black Monday’ Shows Bitcoin Isn’t As ‘Dangerous’ As Regulators Claim (news.bitcoin.com)

Looking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s volatile price swings. However, on Monday, February 5th the Dow Jones Industrial Average dropped more than 1,175 points, losing more value in one day than the entire cryptocurrency…

Bitcoin

Federal regulators file fraud charges against three bitcoin operators

Following an already rough month for bitcoin, three U.S. virtual currency operators have been charged with fraud by the United States Commodity Futures Trading Commission (CFTC). The CFTC alleges that CabbageTech, Entrepreneurs Headquarters Ltd., and one unnamed bitcoin operator have …
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Bitcoin is 'something regulators need to deal with but not ban,' says former FDIC chair

Amid threats of a potential ban on cryptocurrency, former FDIC Chair Sheila Bair said digital currencies such as bitcoin should be more tightly monitored but not stopped. "It's something regulators need to deal with but not ban," Bair told CNBC's "Fast Money" on Thursday. Bair, who said she does not own …
Google Alert – bitcoin