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Governments’ view on cryptocurrency economy

Bitnewstoday has prepared a review of statements and resonant claims of authorities and regulators regarding the world’s cryptocurrency economy

07 December 2017 21:00, UTC Margareth Nail
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German Klimenko, Russian President’s high-tech adviser: crypto market is volatile due to its size
In an interview to a local TV channel, the Chairman of the Review Board of the Russian Association of Blockchain and Cryptocurrency told what he thinks about the current rise of Bitcoin
07 December 2017 21:00, UTC
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SEC’s Cyber Unit to have more resources thanks to the cryptocurrency growth
CME and CBOE announce Bitcoin futures - more people buy Bitcoin ahead of trades - more scammers get to the market - SEC’s cyber unit receives more funds
07 December 2017 21:00, UTC
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Drug merchants who tried to launder profits with Bitcoin caught in the Russian town of Kirov
Cryptocurrency was used in a buy-and-sell scheme – illegally received funds were changed for bitcoins, and then bitcoins were changed back to Russian rubles
07 December 2017 21:00, UTC
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While sounding like a gimmick, this blockchain-based diamond supply can help fight crime
De Beers wants to establish diamond supply lines based on the blockchain which, if proven viable, could greatly help law enforcement
06 December 2017 21:00, UTC
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NiceHash hacked, $60 million stolen, news amidst new BTC all-time high
NiceHash is a cryptocurrency marketplace and mining pool. It posted an official message confirming reports on its hack and promising to do everything in their power to get the money back
06 December 2017 21:00, UTC
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South Korea to outlaw Bitcoin futures
Previously, the authorities of this country banned initial coin offerings which some called an absolutely shortsighted decision
06 December 2017 21:00, UTC
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SEC: PlexCorps is a fraud
Malefactors in charge of PlexCorps promised investors to create a new and very beneficial cryptocurrency, while in fact they did not plan to do anything they promised
05 December 2017 21:00, UTC
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Cryptocurrency trader charged with a year in prison — his company traded without license
TV TOYZ, the company headed by a cryptocurrency trader from Detroit, transferred crypto assets unlawfully, American court states. The firm’s director sentenced to 366 days in jail
05 December 2017 21:00, UTC
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Russian Finance Ministry proposes punishing for using Bitcoin for buying and selling goods and services
Deputy Finance Minister of the Russian Federation spoke on behalf of his organization. There will be no prohibition of selling BTC for USD or RUB, however
05 December 2017 21:00, UTC
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U.S. Commodity Futures Trading Commission: we will make sure nobody cheats with Bitcoin futures
The statement made by chief market intelligence officer from the CFTC precedes the launch of Bitcoin futures by the Chicago Board Options Exchange
05 December 2017 21:00, UTC
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Belarus is not planning to legalize cryptocurrency
Rumors that Belarus might become the first CIS country with liberal laws on cryptocurrency are categorically rejected by the governmental sources the local media asked on the matter
04 December 2017 21:00, UTC
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Rumors: payment systems block cryptocurrency-related financial operations
Some sites tell that PayPal and Western Union have started a silent war against cryptocurrency traders. However, still no official confirmation from both companies
04 December 2017 21:00, UTC
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Maduro now wants to issue state cryptocurrency

One might wonder if the Venezuelan leader truly imagines how hard it is going to be to develop national cryptocoin when his own people are struggling for basic needs

03 December 2017 21:00, UTC
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Bitcoin could be made obsolete tomorrow, says Bank of Singapore's Chief Economist
The market analyst tells that the current price growth of Bitcoin is backed by the desire of the market to jump on the train they think is leaving
03 December 2017 21:00, UTC
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United Kingdom reportedly considers Bitcoin regulations strengthening
The United Kingdom authorities have previously demonstrated they are not very fond of cryptocurrencies, but the upcoming regulations might worsen the local cryptocoin market
03 December 2017 21:00, UTC
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Net neutrality principle keeps the integrity of the cryptocurrency market
Yes, this whole thing with the net neutrality affects cryptocurrency users and enthusiasts too, so it’s not just overhyped mass hysteria as you might have easily assumed
30 November 2017 21:00, UTC
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ECB: we’d better improve transactions if we want be more attractive than Bitcoin
The European Central Bank’s statement leads to believe that cryptocurrency may indirectly help to improve traditional financial organizations
30 November 2017 21:00, UTC
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President Trump is aware of cryptocurrency situation - White House press secretary
Usually, the current U.S. President does not voice his own views on advanced technologies, preferring to pick experienced nominees on corresponding posts
30 November 2017 21:00, UTC
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The Fed does not plan to issue its own digital currency just yet
The possible reason why the Federal Reserve does not want to create cryptocurrency is quite obvious - dollar is stable and feeling well as it is, in its paper form
30 November 2017 21:00, UTC