Government & Regulation News

Here at [blokt], you can stay up to date on how Governments & Regulations are affecting the crypto industry. [blokt] is a leader in cutting-edge cryptocurrency news, at the forefront of blockchain technology, bringing you the latest developments daily.

Bitcoin, cryptocurrencies, and blockchain technology are known for being decentralized, which means they operate without any central controlling party. This means they are free from the control of governments and regulations to a certain extent. But, while a Bitcoin transaction, for example, may not need the approval of a government or a centralized bank to occur, the crypto industry isn’t completely immune from the power that these entities wield.

The crypto industry has the potential to disrupt the financial world as we know it, along with many other sectors. Cryptocurrencies could compete with fiat currencies, potentially taking some power away from governments. All in all, there will be winners and losers upon the rise and success of the industry. And those in power will do what they can to protect their interests.

Various governments around the world have either banned cryptocurrencies or put in place strong regulations that severely restrict their use. Whereas, other countries have embraced the industry and put in place crypto-friendly regulations that help to foster innovation. In 2018, Malta put in place three supportive Bills that regulate blockchain and provide legal certainty. In 2019, US President Donald Trump tweeted that he was “not a fan of Bitcoin and other Cryptocurrencies,” and China announced that it plans to ban cryptocurrency mining.

Each of these events can shape the industry as a whole and influence how it develops with the potential for far-reaching positive or adverse effects. New information relating to governments or regulations in the crypto industry can also be price-sensitive, serving to either help or hurt speculators and investors in the space. That’s why our journalists at [blokt] always report on all the latest government & regulation news in a timely manner.


SEC’s OCIE Lists Cryptocurrency as One of Its Examination Priorities in...

Office of Compliance Inspections and Examinations (OCIE) of the US Securities and Exchange Commission (SEC) recently released its “2019 Examination Priorities” report in which...

Four Cryptocurrency Exchanges Receive Licenses in Thailand

Thailand is following Japan’s lead by regulating cryptocurrency exchanges in the country. Recently, the first batch of cryptocurrency brokers and dealers were licensed in the country. The...

Cryptocurrencies Are Not Securities – U.S. Congress to Amend Outdated Definition

A new bill was introduced in the U.S. Congress on Thursday, aiming to bring regulatory clarity on cryptocurrencies, CNBC reported. The Century’s Most Innovative Technology...

Director of Enforcement at the Texas State Securities Board Talks Bitcoin,...

Regulatory compliance is one of the most (if not the most) stressful points surrounding cryptocurrencies. Regulators across the world strive to understand and effectively...

Tax on Crypto Is a Self Goal; President Trump Is Right...

Former U.S. Presidential candidate Ron Paul has published an article advising against taxation on cryptocurrencies and precious metals in order to avoid a looming...

SEC Launches a New Fintech Division to Engage With Fintech and...

The US Securities and Exchange Commission (SEC) announced on Oct. 18 that it is launching the Strategic Hub for Innovation and Financial Technology (FinHub),...

Hong Kong Explores Different Ways of Regulating Cryptocurrency Exchange Platforms

The Hong Kong Securities and Futures Commission (SFC) is keen on exploring different ways to regulate cryptocurrency exchange platforms operating in Hong Kong to...

Just In: SEC Files Multiple Amendments Relating to Bitcoin ETFs

The U.S. Securities and Exchange Commission (SEC) has just filed an amendment to the proposed rule change to list and trade shares of the...

Federal Court Rules Cryptocurrencies Are Commodities

In a press release, the Commodity Futures Trading Commission (CFTC) announced that the US District Court for the District of Massachusetts ruled that virtual currencies...

U.S. and Russian Authorities Both Looking at Crypto Regulations and Adoption

Bankers in Russia are now claiming that there is a strong demand for cryptocurrencies in the country. At the same time, Washington is looking into...

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