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Bitcoin and other cryptocurrency assets are precious and some of them have grown over 1300 percent in value this year. Although, with the price on exchanges being higher than ever before its now a bit more difficult for those who want to ‘cash out’ or make significantly large purchases without being watched by the prying […]
The post Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy appeared first on Bitcoin News.
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The government of South Korea held a meeting on Thursday to discuss measures to deal with the growing trend of cryptocurrency speculation. The regulators clarified the clampdown on virtual accounts as well as other measures to end anonymity. In addition, the Ministry of Justice suggested an even more extreme measure. Also read: Russian Regulators Draft Law […]
The post South Korea Outlines New Attempts to Dampen Crypto Markets appeared first on Bitcoin News.
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Some members of the European Union have been discussing the popularity of the decentralized currency bitcoin, and the EU’s political body recently added “digital currencies” to its anti-money laundering statutes. However, the EU commissioner for financial affairs, Pierre Moscovici, explains in a recent interview that at this stage politicians have no plans to “react” just […]
The post EU Finance Commissioner: The Political Body Has No Plans to React to Bitcoin appeared first on Bitcoin News.
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The European Union’s plans to tighten up cryptocurrency regulation are supposed “to improve the prevention of money laundering and to cut off terrorist financing.” But could it be in the interest of big banks? #REGULATIONS
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