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.


France Created a Legal Framework for ICOs in the Country

France has adopted what has been described as an innovative and progressive legislative framework on initial coin offerings (ICOs). In fact, just last week,...

ICO Regulation: Ripple, NASDAQ and 30 Others Invited by Ohio Congressman...

Come September, a number of key stakeholders in the global crypto industry, including Ripple, ICE, and NASDAQ, among many others, will meet a US...

France Financial Regulator Talks About Significant Risks Posed by Cryptocurrencies

The fact that digital currency investments pose a risk via fraudulent schemes was made amply clear by France’s financial markets regulator Autorité des marchés...

Ethereum [ETH] Is NOT a Security, Says SEC Representative

William Hinman, Director of Corporate Finance, confirmed that “as currently structured” Ethereum is not a security.  He went on to say “… putting aside the...

FCA to UK Banks: Tread Carefully While Dealing With Crypto Exchanges,...

Top officials of UK-based banks received a letter earlier this week from the country’s financial regulator and watchdog, the Financial Conduct Authority (FCA). The...

Thailand Unveils New Crypto Laws, Legalizes 7 Cryptocurrencies

The Securities and Exchange Commission of Thailand approved the new framework for cryptocurrency regulation in a meeting that transpired on Thursday, June 7. Initial Coin...

What BitBay’s Move to Malta Means for You

On May 29, BitBay informed its users that it would be ceasing its operations in Poland and would relocate to Malta. The exchange claims...

SEC Enforces Actions Against Unlawful Schemes in the Crypto Sphere

Since the initial coin offering frenzy of 2107, the Securities and Exchange Commission (SEC) has been actively enforcing its campaign targeting suspicious ICOs while...

India’s Supreme Court to Hold a Hearing on Cryptocurrencies Ban

On July 20, the Supreme Court of India (SCI) will hold a hearing to discuss the Reserve Bank of India's (RBI) decision last month....

Justice Department on the Hunt for Illicit Crypto Trading

The Justice Department will be looking into practices such as spoofing or wash trading, to identify potential criminal activity. Sources close to the investigation...

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