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Regulation

BUSINESS

China’s Latest Bitcoin “Ban” Is Impacting Mining, Exchange Landscape

Peter Chawaga -
The latest efforts in China to regulate Bitcoin seems to be having a significant effect on mining and exchange businesses.
CULTURE

Senator Cynthia Lummis On Regulation, Excessive Spending And Bitcoin 2021

Peter Chawaga -
Senator Cynthia Lummis discussed the U.S. government’s attitude toward bitcoin and her upcoming appearance at the Bitcoin 2021 conference.
BUSINESS

U.S. Wants To Require That Large Bitcoin Transactions Are Reported To IRS

Peter Chawaga -
A tax enforcement proposal from the Biden administration may compel businesses to report bitcoin transactions exceeding $10,000 to the IRS.
BUSINESS

Inner Mongolia Establishes Hotline To Report Illegal Bitcoin Mining Operations

Ahyke Otutubuike -
Inner Mongolia, which recently banned bitcoin mining, has established a hotline for reporting illegal operations.
BUSINESS

Report: China Bans Financial Institutions From Offering Bitcoin Services

Namcios -
China has reportedly banned financial institutions and payment companies from offering Bitcoin service to clients.
BUSINESS

BitMEX Executives Trial Set For March 2022

Oluwapelumi Adejumo -
The former executives of bitcoin derivatives platform BitMEX face trial over money laundering charges next year.
CULTURE

Ross Ulbricht Sues Federal Government, Alleges Religious Rights Are Being Violated In Prison

Ethan Biando -
Ross Ulbricht, founder of Bitcoin darknet marketplace Silk Road, is suing over the right to communicate with his father.
BUSINESS

New York’s Misguided Legislation To Pause Bitcoin Mining Won’t Stop The Industry

Jessie Willms -
Legislation under consideration in New York to stop Bitcoin mining over environmental concerns won’t stop an increasingly-green industry.
BUSINESS

SEC Chairman: Bitcoin Is Store Of Value But Needs Greater Investor Protection

Namcios -
SEC Chairman Gary Gensler recently recognized bitcoin’s value but called for greater investor protection through increased regulation.
BUSINESS

Iran Reportedly Bans Trading Of Bitcoin Mined Abroad

Namcios -
The Central Bank of Iran has reportedly banned its citizens from trading bitcoin mined outside of the country in an attempt to stop capital flight.
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