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Regulation

Michael Bloomberg Proposes Clarified Bitcoin Regulation If He Takes the White House

It looks like bitcoin and crypto are gearing up to be regular, hot debate topics during this year’s U.S. presidential election.Bitcoin Is Gearing Itself UpAs we all know, Andrew Yang was originally serving as the “crypto candidate” for Democrats throughout the country. Among Yang’s plans were to alleviate some of the tension in the regulatory space by making the rules surrounding crypto activity and trades less complicated and easier to understand for normal, everyday traders.Yang, however,...

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US Federal Reserve Governor Says They Are Speeding Up Cryptocurrency Regulations

Today, a news report from Reuters has mentioned, once again, that the blockchain industry continues to develop at an unprecedented speed, and that regulators need to get themselves caught up to speed, or risk behind left behind in the dust.In fact, the report suggests that many of the world’s Central Banks are becoming increasingly worried that the ongoing development of cryptocurrencies and digital assets is threatening the very balance of the current global financial system.Their belief is...

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U.S. Presidential Candidate Michael Bloomberg Offers Flexible Regulation for Crypto

In the framework of his campaign, U.S. presidential candidate Michael Bloomberg offered to develop a regulatory framework for cryptocurrencies.Billionaire entrepreneur, who turned politician, Michael Bloomberg is currently the U.S. presidential candidate 2020. As the U.S. Democratic party presidential campaign enters its closing stages, aspirants are throwing all they have in the ring to gain the support of democrats nationwide and Michael Bloomberg is not one to be left out.The billionaire...

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US Presidential Candidate Bloomberg Suggests Cryptocurrency Regulation To Help Prevent Another Financial Crisis

As of Monday, February 17th, 2020, U.S. presidential candidate, Micheal Bloomberg, and his campaign team have published a formal financial reform plan, aimed at strengthening the U.S. economy and helping it recover from the “the damage Trump has done” following the financial crisis of 2008.Amongst dozens of other financial recommendations, the formal proposal also included the mention of creating a “clear regulatory framework for cryptocurrencies.” According to Bloomberg, “Cryptocurrencies...

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Bitcoin Falls Another $200 Following News of Incoming Regulation

Bitcoin is down another $200 at press time, meaning it’s fallen by about $600 over the past 48 hours. What could be going on that we’re not seeing?Bitcoin Is Set to Become More RegulatedIt could be that bitcoin and other cryptocurrencies are reacting to the news that more legislation is heading their way. This week, Treasury secretary Steven Mnuchin explained that hardcore regulations are about to hit the cryptocurrency arena very soon, and while they’re eager to allow cryptocurrency trading...

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Binance Applied For Operating License In Singapore, Confirms CEO Changpeng Zhao

Changpeng Zhao, the CEO of Binance, has confirmed that his company applied for an operating license in Singapore. This comes less than a month since the Asian country introduced a comprehensive regulation for businesses dealing with digital assets.Binance Applies For License in SingaporeThe largest cryptocurrency exchange by trading volume has applied for an operating license in Singapore. Binance CEO, CZ, confirmed the news in a phone interview with Bloomberg. He said that the local...

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Reddit Is No Longer a Huge Agent of Bitcoin

The Reddit r/bitcoin forum doesn’t seem to be mentioning the bitcoin price much, these days.Reddit Isn’t Helping BTC Much, AnymoreThe bitcoin subreddit has come a long way since 2013. At the time of writing, it’s up to 1.3 million subscribers, which is more than double than the numbers seen during the time of bitcoin’s 2017 all-time high.Nic Carter – a partner at Castle Island Ventures – asked a few years ago on Twitter:Does anyone else remember the ‘bitcoin: magic internet money’ MS Paint ad...

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Crypto-Broker Instacoins Receives Operating License in Estonia

Place/Date: Estonia - February 14th, 2020 at 1:21 pm UTC · 2 min read Contact: Instacoins, Source: Instacoins Estonia OÜ Instacoins Estonia OÜ, a cryptocurrency brokerage, is pleased to announce it has received an operating license from the Estonian Financial Intelligence Unit (FIU). The company is now fully regulated under Estonian law to provide services of exchanging virtual currency against fiat.Last year, Estonia tightened its regulations on preventing money laundering and criminal...

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Crypto-Broker Instacoins Receives Operating License in Estonia

Instacoins Estonia OÜ, a cryptocurrency brokerage, is pleased to announce it has received an operating license from the Estonian Financial Intelligence Unit (FIU). The company is now fully regulated under Estonian law to provide services of exchanging virtual currency against fiat.Last year, Estonia tightened its regulations on preventing money laundering and criminal activities in connection with crypto-currencies and licensing virtual currency service providers.  Following these measures,...

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Crypto-Broker Instacoins Receives Operating License in Estonia

[PRESS RELEASE]Instacoins Estonia OÜ, a cryptocurrency brokerage, is pleased to announce it has received an operating license from the Estonian Financial Intelligence Unit (FIU). The company is now fully regulated under Estonian law to provide services of exchanging a virtual currency against fiat.Last year, Estonia tightened its regulations on preventing money laundering and criminal activities in connection with crypto-currencies and licensing virtual currency service providers.  Following...

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