Bitcoin Price Analysis: BTC Bounces But Bears Still in Control

Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Bitcoin price 00 dropped to a new yearly low at $3,210 and the overall market cap now rests at $110.6 Billion. Clearly, bears are still running the […]

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Wyoming Passes Blockchain Bank Bill Despite Industry Opposition

Despite serious opposition from the banking industry, the state of Wyoming has passed a blockchain bank bill almost unanimously. The move further cements the state’s welcoming approach to blockchain integration. 13-1 Majority to Pass the Bill The state of Wyoming has a reputation for being welcoming towards blockchain technology. This reputation was strengthened by a legislative […]

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India Ready to Unveil Cryptocurrency Law Next Month

The government of India may provide clarity on cryptocurrency regulation as soon as next month with a new draft bill now in the works. Clarity Soon Citing a counter-affidavit issued by India’s Prime Minister Narendra Modi, Quartz reports that the country’s government is likely to provide some clarity on the matter of cryptocurrencies sometime in the […]

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Decentralized Exchanges Can’t Escape the SEC, Warns Its Cyber Chief

The U.S Securities and Exchange Commission (SEC) has filed charges in the first-ever case involving a decentralized Ethereum-based exchange. The head of the SEC’s new cyber unit has followed with a warning that decentralized exchanges must be compliant as well, adding that creators will be held responsible. On November 8, 2018, the SEC brought charges […]

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BREAKING: Japan Allows Cryptocurrency Industry To Regulate Itself

Japan has given formal approval for its cryptocurrency industry to regulate itself, the Japan Virtual Currency Exchange Association (JVCEA) confirmed October 24. JVCEA Can Police Exchanges In a significant development for the country, regulators opted to allow the JVCEA to ensure cryptocurrency exchanges followed legal requirements, a statement reads. Under the deal, the body will also have […]

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Albania Wants To Create ‘Shocking Novelty’ Cryptocurrency Regulation

The government of Albania has signaled that it wants to turn the country into a cryptocurrency-friendly jurisdiction in a new pivot to embrace the sector. Gov’t ‘Exploring Regulatory Framework’ As local news outlet Tirana Times reports October 22, the Western Balkan nation — which, like many others, previously issued official warnings about cryptocurrency investment — […]

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China Wants To Stop Anonymous Blockchain Use: Reports

New cybersecurity rules currently out for public consultation in China would notionally force users to provide their real identity to use any kind of Blockchain-based service. Blockchain? You’ll Need Your Name And ID As South China Morning Post (SCMP) reports quoting local media sources, the Cyberspace Administration of China is currently seeking feedback on the proposals, […]

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‘Nothing At All’ Going on With Crypto Regulation, Says D.C. Insider

Despite the growing importance of the cryptocurrency industry, the US government’s position on crypto regulation remains frustratingly opaque. According to a D.C. insider, a movement towards real regulation or greater regulatory guidance is still quite far away. Had drinks yesterday with a friend who’s deeply connected in DC. Me: “what do you hear about crypto […]

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Philippines: Regulator Expects Draft Cryptocurrency Exchange Laws Within 2 Weeks

Filipino cryptocurrency exchanges could see draft rules outlining their treatment as trading platforms as soon as next week, the country’s financial regulator told local media last week. ‘Regulate Them As Trading Platforms’ As The Manila Times reports September 3, the Philippines’ Securities and Exchange Commission (SEC) plans to release “draft rules” governing exchanges, which currently […]

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88% of Cryptocurrency Exchanges Fear Major Market Crash, Want Regulation

88 percent of cryptocurrency exchanges want industry regulation, according to a survey from payment company Mistertango.  ‘The Industry is Crying Out for Regulation’ The desire for regulation apparently stems from a fear that the immature market may experience a major market crash and substantial devaluation of assets worse than what has already been seen in […]

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