Bitcoin Regulation

European Central Bank Board Member

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. A member of the executive board at the European Central Bank (ECB) has asserted that the authority keeping tabs on cryptocurrencies. In an interview published in late October, ECB executive board member Benoît Cœuré touched on the institution’s stance on cryptocurrencies, deeming them as “speculative financial instruments” at a time when Bitcoin nears its all-time high above $7,500 with value gains over 650% since the turn of [...]

China’s Bitcoin Curtain Call a ‘Watershed Moment’, Says Huobi Founder

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. As Chinese Bitcoin exchange Huobi suspends local CNY trading today, the ‘big three’ trading platform is looking at pastures beyond China. In an announcement, Huobi founder Leon Li laid out the company’s future vision as the exchange implements “full cessation of all digital assets” trading against the yuan today. Li wrote: I believe that this is not only a milestone for Huobi, but also a watershed in the history [...]

Bitcoin Banned as a Payment Method in Indonesia, Adopters Will Be ‘Dealt With’

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The head of Bank Indonesia, Indonesia’s central bank, has threatened action against Bitcoin adopters if the cryptocurrency is used as a method of payment. First reported by CCN in early 2014, the country’s central bank issued a public notice warning citizens to be careful of adopting virtual currencies. “Bank Indonesia states that Bitcoin and other virtual currency are not valid currency or payment instruments in Indonesia,” read [...]

As Bitcoin Price Hits Record Highs, Australia’s Government Considers Digital Currencies and Tax Implications

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. As Bitcoin’s valued soared to record heights over the weekend, the Australian government heard evidence on digital currencies and its tax implications. On Saturday, Bitcoin’s value saw its value rise to $6,200 for the first time, pushing its Market cap to $102.8 billion. With Investor interest increasing in the cryptocurrency Market, governments are turning their attention to the impact it presents. One of which is Australian’s House of [...]