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Less than a week since it started licensing blockchain businesses, Gibraltar has received bad news from the United Kingdom. A leading British bank has refused to process orders from crypto firms based in the overseas territory. Gibraltan banks are now on the lookout for another UK banking partner. Also read: Britain: Where You Can Bet … Read more
Cryptocurrency regulation becomes tighter as some new money laundering and drug trafficking schemes are revealed. #EXPERT BLOG Go to Source Powered by WPeMatico
The US’ varying approach to crypto continues with two more states issuing warnings this week. #BRIEF Go to Source Powered by WPeMatico
Attention shifts from national regulators to states, as Texas Securities Commissioner issues cease and desist order against Bitconnect for marketing unregistered securities to its citizens. #BREAKING Go to Source Powered by WPeMatico
Egypt’s highest official of religious law has determined that Bitcoin violates Islamic law because it’s not a currency and is supposedly used to finance terrorism. #NEWS Go to Source Powered by WPeMatico
Indian Finance Ministry condemns Bitcoin, says it is Ponzi-scheme-like, with flawed arguments. #REGULATIONS Go to Source Powered by WPeMatico
In a statement issued by the ministry on Dec. 29, 2017, the finance agency reiterated that there is a real and heightened risk of an investment bubble in the cryptocurrency market that is similar to Ponzi schemes. Go to Source Powered by WPeMatico
South Korea’s government sees Bitcoin price as “irrationally overheated,” reiterates its authority to shutter exchanges if needed. #REGULATIONS Go to Source Powered by WPeMatico
In her op-ed article that was published on Yahoo Finance in late December 2017, Sheila Bair said that governments should ensure that policies covering digital currencies shouldn’t feed the frenzy and should not make their own value judgments about Bitcoin. #NEWS Go to Source Powered by WPeMatico
A board member for Bundesbank has confirmed that the eurozone is not currently considering a national cryptocurrency in spite of previous statements made by the bank’s officials. Go to Source Powered by WPeMatico
