From Bitcoin Price Stabilization to The End for SV? – Top Stories of the Past Week

Another Sunday, another Sunday digest. Your one-stop shop to catch up on all the important news in the world of Bitcoin and cryptocurrency. Bitcoin Price Consolidating For Next Big Move Bitcoin price 00 continues to hold over $5000, entering a new accumulation phase before the next big bull run, according to some. Latest moves have seen […]

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US Presidential Candidate Yang Promises ‘Clear’ Bitcoin Regulation

2020 US Presidential hopeful Andrew Yang has given the clearest sign yet that he welcomes Bitcoin, releasing a dedicated statement on cryptocurrency regulation this week. Yang Highlights ‘Vast Potential’ Yang, whose pitch revolves around radical economic policy such as installing a Universal Basic Income (UBI), said that he would create “clear” legislation on crypto, using […]

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Russia is Realizing It Has No Clue How to Regulate Cryptocurrency

The proposed ‘digital assets’ law aims to “legalize ICOs” in Russia and is expected to be reviewed in May. But lawmakers are slowly realizing the futility of regulating Bitcoin and cryptocurrency that are un-regulatable by design.  Russia’s ‘Digital Assets’ Bill Would Legalize ICOs Earlier this week, Russia’s Deputy Finance Minister Alexey Moiseev shared his thoughts […]

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France’s ‘Innovative Legislation’ Misses the Entire Point of Bitcoin

France wants the EU to adopt its “new and innovative legislation” with the idea of “creating trust” (in a trustless technology). But forcing every participant in the cryptocurrency ecosystem to identify themselves through KYC is missing the point entirely. You can’t support Bitcoin and stand up for innovation whilst simultaneously and vigorously distorting its core […]

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Nevada Lawmakers Scrap Flawed Cryptocurrency Bill

Lawmakers in Nevada have failed to move forward with a controversial bill for cryptocurrency regulations based on the flawed regulatory model proposed by the U.S. Uniform Law Commission (ULC). Nevada Congress Takes no Action on SB195 The deadline for further action on SB195 on the floor of the Nevada Senate passed on Friday (April 12, […]

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France Tells EU: Adopt Our Cryptocurrency Laws Across Europe

France wants the European Union (EU) to adopt its recently enacted cryptocurrency regulations for the entire region. French Finance Minister: Ours is the Right Way France’s Finance Minister Bruno Le Maire says the EU should consider adopting the country’s approach to regulating cryptocurrencies. Speaking at the ongoing Paris Blockchain Week Summit on Monday (April 15, […]

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Bitcoin DApp Startup Files For First Ever $50 Million Offering With SEC

Blockstack just marked an industry first that could set a precedent for compliant token sales in the United States. The decentralized computing network that uses Bitcoin as the basis for its DApps filed a statement with the SEC to hold the first $50 million token offering using the SEC Reg A+ framework. Is this the […]

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Brookings Institute Says the SEC Should Regulate Crypto-Assets

A report from the Economic Studies program of US think tank, Brookings, claims better regulation will benefit the crypto industry. It states that crypto-assets currently fall into a jurisdictional gap, and that the SEC should fill that role. Don’t Hate The Game, Hate The Players The report immediately scores an own goal with the choice […]

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Canada Lawmakers Propose a Ban on Cryptocurrency Short Selling

The Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada (IIROC) have jointly proposed a framework for cryptocurrency exchanges that would halt short selling and margin trading of digital assets.  Ban on Cryptocurrency Short Selling and Margin Trading The Canadian Securities Administrators and the IIROC have filed a joint consultation paper called Proposed Framework […]

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Texas’ ‘Worst Than BitLicense’ Crypto-Bill is Dead on Arrival

Earlier this week, the cryptocurrency community reacted with abject horror towards Texas’ proposed ‘Verified Identity Digital Currency’ bill. Well, apparently it was a lot of worry over nothing, as the bill is allegedly dead in the water. Indecent Proposal The furor started on Monday, when the proposed bill, HB4371, first came to light. The bill declared that: […]

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