Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
Recent weeks have seen a lot of movement surrounding regulatory developments for cryptocurrencies and the deployments of such, from reports of an upcoming bill in Spain, a full regulatory cryptocurrency framework released by the U.S. Department of Justice, a crypto derivatives ban in the UK, and serious enforcement actions
Iranian media outlet Iran Daily reports that the Iranian cabinet has amended regulations to allow Bitcoin and other cryptocurrencies to be used to fund imports.
Citing IRNA, Iran Daily notes that this new legislation will allow the central bank of Iran to acquire digital assets directly from miners within the
Iranian media outlet Iran Daily reports that the Iranian cabinet has amended regulations to allow Bitcoin and other cryptocurrencies to be used to fund imports.
Citing IRNA, Iran Daily notes that this new legislation will allow the central bank of Iran to acquire digital assets directly from miners within the
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
Recent weeks have seen a lot of movement surrounding regulatory developments for cryptocurrencies and the deployments of such, from reports of an upcoming bill in Spain, a full regulatory cryptocurrency framework released by the U.S. Department of Justice, a crypto derivatives ban in the UK, and serious enforcement actions
Spanish crypto investors may soon be required by law to disclose their holdings along with any profit gained following newly passed regulation.
According to Maria Jesus Montero, the Spanish minister of finance who unveiled the news on Tuesday, crypto disclosure comes as part of a larger legislative package trained at
Within an open letter to global tech companies, the governments of seven countries demanded a paradoxical request: to put a stop to end-to-end encryption while upholding user privacy.
The pleas, emerging from the UK, the U.S., New Zealand, Canada, India, Japan, and Australia, came in an apparent effort to
On October 8th, the U.S. Department of Justice (DOJ) released a cryptocurrency enforcement framework in response to the "emerging threats" associated with the continued adoption of Bitcoin and related technologies.
Attorney General William Barr, who runs a Cyber-Digital Task Force, commented on the publication:
Cryptocurrency is a
It's no secret that many central bank officials are no fans of Bitcoin.
Jerome Powell, current Chairman of the Federal Reserve, framed Bitcoin as a "speculative store of value" in a 2019 speech in front of the U.S. Senate. Powell then dismissed fears that Bitcoin
Stablecoins, cryptocurrencies tied to the value of an underlying asset like the U.S. dollar, will likely soon face regulatory pressure as central banks and other regulatory agencies notice their ascent.
Andrew Bailey, the incumbent Governor of the Bank of England, announced the central bank's intent to regulate
