Cryptocurrency Holdings Should Be Disclosed By Members of Congress – Colorado Representative Jared Polis

News, Regulation | February 12, 2018 By:

Jared Polis, a Democrat congressman from Colorado and longtime bitcoin believer, has sent a letter to the House Committee on Ethics asking the organization to formally require members of Congress to disclose their cryptocurrency holdings.

In a written petition, Polis argued that because cryptocurrency assets are regarded as commodities by several agencies,


Blockchain Bill in Arizona Would Prevent Regulation Of Crypto Nodes

News, Regulation | February 9, 2018 By:

Arizona State Representative Jeff Weninger has introduced a bill that would protect blockchain node operators from possible prohibitions by local and county governments.

House Bill 2602, which was introduced on February 6, states that cities, towns, and counties may not prohibit or otherwise restrict an individual from running a node on blockchain technology in a residence.


Cryptocurrencies Need To Be More Closely Regulated, Says European Central Bank Executive

News, Regulation | February 9, 2018 By:

Yves Mersch, European Central Bank (ECB) executive board director, said that cryptocurrencies and the companies that trade them need to be more closely regulated.

In an interview with Bloomberg, Mersch said that regulators had previously been willing to largely ignore cryptocurrencies, but since the hype accelerated at the end of last year,


Central Banker: Bitcoin Is “A Bubble, Ponzi Scheme And An Environmental Disaster”

News, Regulation | February 7, 2018 By:

Agustin Carstens, head of the Bank for International Settlements (BIS), has warned that central banks must be prepared to act against cryptocurrencies to ensure they do not become entrenched and undermine trust in central banks.

The BIS is an international financial institution owned by central banks which “fosters international monetary and financial cooperation and serves as a bank for central banks.” It carries out its work through its meetings,


Bitcoin Funding Integrated By Brokerage Firm Fullerton Markets

Announcements, Now Accepting | February 7, 2018 By:

New Zealand-based brokerage company Fullerton Markets has successfully integrated a bitcoin funding method for client accounts.

Founded in 2015, Fullerton Markets provides online brokerage services for foreign exchanges, metals, crude oil, and indices trading. The company is a registered financial services provider under the New Zealand’s Financial Markets Conduct Act 2013 and as such is regulated by the Financial Markets Authority (FMA).