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Bitcoin between prohibition and ETF: The regulatory-ECHO

the with regard to the regulation of Bitcoin, Ripple & co., showed the last week split approaches: Between the prohibition of approaches and a new request for

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Bitcoin between prohibition and ETF: The regulatory-ECHO
the with regard to the regulation of Bitcoin, Ripple & co., showed the last week split approaches: Between the prohibition of approaches and a new request for a BTC ETF. In addition, Belfast is planning a currency of their own. The regulatory-ECHO.

By Phillip Horch
13. May 2019BTC$7.746,00 11.20%part Facebook Twitter LinkedIn xing mail

recorded During the price of Bitcoin in the past week, strong growth, a fact also on the regulatory Front, a lot.

Germany is the debit to the load – time for Bitcoin?

fewer and fewer Germans pay in retail stores with cash. A recent study by the Cologne-based retail research Institute EHI, the turnover share of cash payments in the year 2018 with 48.3 per cent for the first time under the cashless turnover (48.6 per cent). The payment by SEPA-direct debit procedure drops, especially in the favor of the customer. A good way to crypto-currencies a closer look at.

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economic Nobel prize-winner Stiglitz calls for a re-ban cryptocurrencies

A negative message that has impacted the Community to date less: The celebrated American Economist and Nobel laureate Joseph Stiglitz, a clear currencies against Bitcoin and other Crypto. So regulated digital currencies were due to their lack of transparency is a source for money laundering and crime. In addition, a ban of Bitcoin & co. would stabilize, while further development of U.S.-Dollar-based electronic payments in the U.S. economy. His account of the scientist has made, however, without the people.

U.S. Department of justice, arrested the operators of the Darknet website Deep Dot Web

The dark side of crypto-currencies, however the following message from Overseas: US-justice-authorities arrested on 7. May two operators of the Onion Website Deep Dot Web. The two Israeli citizens to the Darknet about the placement to-market seats more than 15 million US dollars have been earned. The accusation: they should have simplified access to Online black markets.

Malta creates the first register of companies with Blockchain technology

In the public sector there are for the Blockchain technology, however, numerous application possibilities: Different countries explore the possibility of decentralized Data administration and work on pilot projects. Areas such as land registers, trade register, or voting systems. Malta is currently making a foray to the application of the Blockchain for its commercial register.

the Northern Irish capital is planning its own currency – the upswing thanks to the Belfast Coin?

In the course of an international funding initiative, the Northern Irish capital aims to Belfast to give this year is a own crypto-currency. With this, the city's citizens want to reward for exemplary behavior such as Recycling. The overarching objective of the Belfast Coin, it should be so, the stagnating economy in the former industrial city. This must fear, with a view to the forthcoming Brexit and the scenario of a hard limit on the island of Ireland, however, their future.

Bitcoin and Ether as an ETF? SEC receives a new request

Who does not want to again, who has? The SEC has received a further application for a Bitcoin - and Ether-ETF. The Fund will be linked to the development of Bitcoin and Ether. The admission decision is – you might guessed it already. Exchange-traded Fund for Bitcoin & co., however, could soon be a reality.

United States Congress member wants to crypto-currencies prohibit

California deputies Brad Sherman wants to achieve a ban of Bitcoin. In a meeting of the US-Democrat, called on 9. May his counterpart for the support in the fight against crypto-currencies. This Sherman is not the utmost for the first Time in such a Bitcoin-critical. In addition to the usual biases, such as favoring of crime he sees in Bitcoin is also a serious threat to the state and its citizens.

FinCEN published guidelines

The investigative authority of the U.S. Department of Treasury, FinCEN, has guidelines for the classification of payment service providers in the crypto-sector is published. The paper contains no new provisions, but summarizes rather, the regulatory Status quo. Accordingly, any commercial dealing with Bitcoin & co. falls under the banking law of 1970 and is associated with strict conditions – a stumbling block for the further development of the Krypt0-Ecosystem.


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