UK Bitcoin Users In Favor Of Regulation
The proposed regulation measures are considered to be positive in the UK. The topic of Bitcoin regulation is a cause for optimism and trepidation among digital currency enthusiasts. In the United States, the BitLicense currently being developed in New York has divided the industry. Unlike bitcoin users in the US, the majority of Bitcoin users in the UK are in favor of regulation. Miningpool.co.uk recently conducted a digital currency study revealing that amongst other results related to usage in the UK, only 13% of Bitcoin users disagree with the government's plans to regulate....
Related News
The new crypto infrastructure bill going in front of the House has been at the forefront of discussions in the crypto market lately. Regulation continues to be an important topic in the market. As country after country tries to put out regulation in favor of or against crypto. This has so far led to some […]
Per a report from Patrick Hansen, developer at Unstoppable Finance, the European Union Parliament could be about to crackdown on crypto wallets and their users. This entity just approved a revision to their Transfer of Funds Regulation with an upcoming draft to be voted on later today. Related Reading | How Coinbase Attempts To Stop […]
The Russian President is reportedly in favor of a welcoming regulation for bitcoin miners despite the Bank of Russia’s ban recommendations.
New York State Department of Financial Services Superintendent Ben Lawsky has confirmed on Wednesday via Twitter that his bitcoin-centered AMA (ask-me-anything) will be taking place on Thursday, February 20th at 12:30PM Eastern time. Lawsky says his post on the social-sharing website will be live for 15-20 minutes for Redditors to get their questions in before he begins responding. The Superintendent is expected to face a slew of difficult questions - many of which are likely to surround his current work on bitcoin regulation in the State of New York - something an overwhelming amount of....
Aside the Bitfinex hack which is explicable, every time there is a drop in the price of Bitcoin - as we have seen in recent days - several unfounded factors tend to crop up to provide plausible cause. This article was written to look at issues that affect Bitcoin price and yet defy a collective reasoning of consensus among many users. A case in focus is between Friday July 29 and August 1 when the price dipped by more than $50 from $655 to $603. What was responsible for that? EU regulation factor. There is a view that the current price is a reflection of the proposed regulation being....