Regulation

Regulation

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Invest in Bitcoin 'At Your Own Risk,' Warns French Central Bank

The governor of the Bank of France has warned on the risks of investing in bitcoin, calling the cryptocurrency "speculative."

Bank of France

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Bitcoin Not Legal Tender in India, Finance Minister Says

India's finance minister, Arun Jaitley, has said bitcoin is not legal tender in the country and indicated that regulations are under consideration.

Arun Jaitley, India finance minister

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White House Team Is Monitoring Cryptocurrencies, Says Press Secretary

The Trump administration has said it is keeping an eye on cryptocurrencies like bitcoin in the wake of its recent explosive price jumps.

Sarah Sanders

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Fed Vice Chair: Cryptocurrencies Threaten Financial Stability

Decentralized currencies could have "spillover effects" on the wider financial system if they get too big, Fed supervision chief Randal Quarles said.

randal quarles

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ECB's Yves Mersch: Banks Need Faster Payments to Counter Bitcoin

European Central Bank board member Yves Mersch has said banks need to launch instant payments systems to counter the rise of cryptocurrencies.

Yves Mersch

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Regulation, Taxation Loom Over Crypto Investors

The cryptocurrency community still has plenty of questions about taxation and regulation, especially as the ICO space heats up.

shadow, legal

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Crypto Corrupts the Youth? South Korea Prime Minister Says So

Prime Minister Lee Nak-yeon reportedly frets about kids selling drugs and pyramid schemes while regulators draft rules for South Korea's exchanges.

Lee Nak-yeon, Prime Minister of South Korea

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ICO Pros Call for Self-Regulation Citing SEC Risk

The ICO community must self-regulate to lessen the blows likely to come from enforcement and regulatory actions, said speakers at Consensus: Invest.

IMG_20171128_110452

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China State TV: OTC Bitcoin Platforms May Violate Law

Commentary on China's state television suggests a ban on cryptocurrency trading platforms may extend further than startups originally thought.

china, flags

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Russian Central Bank Issues New Warning Against Cryptocurrencies

Russia's central bank warned against investing in cryptocurrencies in its annual Financial Stability Report released Tuesday.

russia central bank