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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
The South Korean Financial Supervisory Service does not plan to regulate cryptocurrencies, citing the fact that virtual currencies are not “actual types of currency”. Go to Source Powered by WPeMatico
The US SEC suspends the trading of The Crypto Co. stocks until Jan. 3, 2018 due to concerns over sale of shares by ‘insiders’ and potential manipulation. Go to Source Powered by WPeMatico
Julian Assange has urged donors to make contributions to Wikileaks by using cryptocurrencies in order to skirt the financial ‘blockade’ by national governments. #NEWS Go to Source Powered by WPeMatico
France’s finance minister has called for Bitcoin regulation to be a topic of debate at April’s G20 Summit in Buenos Aires. Go to Source Powered by WPeMatico
