Can Government Regulation Affect Bitcoin Prices?

Can Government Regulate Bitcoin?

Can Government Regulate Bitcoin? submitted by uixnetwork to u/uixnetwork [link] [comments]

Can Government Regulate Bitcoin?

Can Government Regulate Bitcoin? submitted by VishIsBoss to TheUnusualSuspectsPod [link] [comments]

How the South Korean Government Regulates Bitcoin?

How the South Korean Government Regulates Bitcoin?
The South Korean government has started to conduct an onsite investigation on how Bitcoin was being exchanged in the domestic market. It comes after the South Korean authorities legalized Bitcoin to facilitate transfers, trades, travel and payments in 2018. This legalization has spurred the growth of the cryptocurrency in this Asian Country through Blockchain Travel Platform. It is estimated that almost 40% of the working population in South Korea owns at least cryptos worth $3000 each.


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In August 2018, there were speculations that North Korean hackers were targeting South Korean Bitcoin exchanges. These rumours made the South Korean government impose strict regulations on Bitcoin exchanges. The government then formed a task force that could regulate and monitor Bitcoin tokens and other cryptocurrencies operating in the country. The task force was composed of the Central bank of South Korea officials, cryptocurrency companies and financial regulators. The task force discussed issues relating to the banning of ICO fundraising that was violating the Capital Market Act. They also discussed issues on how they would deal with cybersecurity practices that have caused significant client data breaches and in turn customers had lost their money.

The South Korean government aims to implement new regulations that will curtail the cryptocurrency boom. The new rules will restrict investors who are not accredited from using the Korean trading platforms and new exchanges will have to be approved before they are brought to the market. However, the South Korean authorities have not so far implemented the regulations on bitcoin. South Korea is a leading cryptocurrency hub in Asia.
submitted by cyrilmartinnn to CryptocurrencyICO [link] [comments]

How could a government regulate bitcoin?

Could it influence internet service providers to refuse traffic if they know it's a bitcoin being transacted? Or physically shut down miners? Both of those don't seem too feasible. Would there be another way?
submitted by autonova3 to Bitcoin [link] [comments]

How (technically) can governments regulate bitcoin?

I have been in the P2P game for a long time and watched it evolved and seemed nearly unstoppable by gov't. I am wondering, how can the US government truly, long term control bitcoin w/ regulation?
It seems to be that if gov'ts block exchanges, they can be made decentralized as well or just done through tor.
If they make the transactions illegal then they would have to know every transaction that is happening which would be illegal as well and still could be worked around using something other means.
Short of cutting off access to the internet, I dont understand how gov't can get in front of it. If adoption continues, then it will become too big to avoid. So what happens then. Right now the 1.4trl produced in fiat by the reserve doesn't seem concerned with the mere 0.1trl global market cap of crypto but when that market cap is 0.5trl, 1trl.
I mean, lets face it, if the govt said tomorrow that Crypto is illegal, would just toss your coins away or would you still find a way to trade w/ them?
In my mind, Bitcoin is building infrastructure and trust as we watch fiat's trust and infrastructure crumble (Panama papers) and become contentious.
submitted by spire8901 to Bitcoin [link] [comments]

So HOW does a government regulate Bitcoin?

I'm puzzled how exactly a government could go about regulating bitcoin. Could they actually regulate transactions in the sense that identities could be tied to each address? Even if they could, wouldn't the extent be to require all US based exchanges to send records of IDs with addresses?
I understand this would still hurt Bitcoin, but it won't really discourage anyone who really wants to use it for anonymity purposes if they are already familiar with it. Couldn't people still obtain BTC from p2p means or through a foreign exchange if they this were the case?
submitted by lechango to Bitcoin [link] [comments]

How could a government regulate bitcoin? /r/Bitcoin

How could a government regulate bitcoin? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Can a government regulate Bitcoin? /r/Bitcoin

Can a government regulate Bitcoin? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Should governments regulate bitcoin? /r/AskReddit

Bitcoin mentioned around Reddit: Should governments regulate bitcoin? /AskReddit submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How (technically) can governments regulate bitcoin? /r/Bitcoin

How (technically) can governments regulate bitcoin? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How can the government regulate Bitcoin?

I always hear the government is going to regulate Bitcoin and then it will lose its appeal. What regulations can a government impose that will regulate Bitcoin? (don't say they will out-law it)
submitted by silver-saguaro to Bitcoin [link] [comments]

Worried about governments regulating Bitcoin, Dont be!

Worried about governments regulating Bitcoin, Dont be! submitted by BitcoinAllBot to BitcoinAll [link] [comments]

GOVERNMENT REGULATING BITCOIN?

GOVERNMENT REGULATING BITCOIN? submitted by craigrant to Bitcoin [link] [comments]

GOVERNMENT REGULATING BITCOIN?

submitted by BitcoinAllBot to BitcoinAllTV [link] [comments]

GOVERNMENT REGULATING BITCOIN?

GOVERNMENT REGULATING BITCOIN? submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is the U.S. government regulating Bitcoin usage? Bitpay's Stephen Pair explains

Is the U.S. government regulating Bitcoin usage? Bitpay's Stephen Pair explains submitted by bubbafreedom to Bitcoin [link] [comments]

10-24 08:13 - 'Libra the most ill thought out project.' (self.Bitcoin) by /u/herewegohaveago removed from /r/Bitcoin within 136-146min

'''
Interesting read Libra is a silly notion can’t understand yet why FB would put resources into something that’s untimely at the hands of the government regulators.
Bitcoins on the other hand has many faults but most in governments now clearly understand you can’t stop it globally.
Wake up Zuckerberg lose the narcissistic nature and implement Bitcoin into your plans.
[link]1
'''
Libra the most ill thought out project.
Go1dfish undelete link
unreddit undelete link
Author: herewegohaveago
1: www.forbes.co*/s*tes/kt*rpey**019/10/2*/congr*ssma*-warns*b**coi*-is*a*t*re**-**-t*e-u*-d*ll*r*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Columbia Law Professor writes that Bitcoin's only use is crime and all cryptocurrency should be illegal. These are the academic cronies advising the government and scaring regulators

Columbia Law Professor writes that Bitcoin's only use is crime and all cryptocurrency should be illegal. These are the academic cronies advising the government and scaring regulators submitted by jamesishere to CryptoCurrency [link] [comments]

"I just don't understand the computerization of how you create Bitcoin" says Ron Paul.

Time to let him know what Bitcoin is and how it works. You contact Ron Paul through this online form:
http://www.campaignforliberty.org/contact-us/
I say Ron Paul is going to accept Bitcoin for his 2016 campaign.
http://www.ronpaul.com/ronpaul2016/
You can find the original video here:
http://www.ronpaulchannel.com/video/dont-ask-government-regulate-bitcoin/?utm_source=RPFBG&utm_medium=Social&utm_campaign=DailyUpdate
submitted by _professorcrypto_ to Bitcoin [link] [comments]

Regulation?

What are your thoughts, if you have any, on the government regulating bitcoin?
submitted by Ray20995 to Bitcoin [link] [comments]

Check out this article I wrote about the challenges associated with regulating cryptocurrencies like bitcoin in the context of international economic sanctions. Sanctions in the Age of Bitcoin: A Proposal to Modernize the U.S. Government’s Approach to Monitoring ‘Virtual Currency’

Check out this article I wrote about the challenges associated with regulating cryptocurrencies like bitcoin in the context of international economic sanctions. Sanctions in the Age of Bitcoin: A Proposal to Modernize the U.S. Government’s Approach to Monitoring ‘Virtual Currency’ submitted by JakeLawUSA to Bitcoin [link] [comments]

100 000 Chinese Circumvent Government Regulations Buying Bitcoin With USDT

100 000 Chinese Circumvent Government Regulations Buying Bitcoin With USDT
A study by Sino Global Capital has shown that over 100 000 of retail and institutional investors in China have found a way to circumvent a regulatory ban on purchasing cryptocurrencies.
The Chinese have made USDT the most popular instrument for carrying out crypto transactions, and it turns out it allows a loophole to purchase cryptocurrencies.
To recap, since early 2020 Tether has issued 5 billion USDT, increasing its market capitalization to $10 billion. Researchers have noted an increase in this stablecoin’s popularity in China, where it allows for a simple entrance into the market. Transactions with USDT require zero involvement from traditional institutions that should otherwise comply with the Chinese law.
Furthermore, experts have noted that the majority of transactions with crypto in China are OTC (over the counter). OTC platforms work in the gray area and remain as the last places where Chinese people can purchase digital assets.
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submitted by buytexchange to u/buytexchange [link] [comments]

Bitcoin craze continues despite government regulation MINDBLOWING: Will the U.S. Government ban Bitcoin!? The government wants to ban bitcoin and ether. UK Government set to regulate cryptocurrencies - Emma Vardy reports Bitcoin craze continues despite government regulation ...

Bitcoin Government Regulations Around the World. FACEBOOK TWITTER The Swiss Federal Council has stated that while there is no need to regulate cryptocurrency currently, laws on how the Bitcoin conspiracy theorists have long suspected the U.S. government, among others, would like to shut down bitcoin. Bitcoin's first decade has seen its price explode, making early adopters So, too, for many players, is the fact it has been, so far, largely free of government regulation. Bitcoin has been irresistible to get-rich-quick speculators, some of whom made enormous amounts Various government agencies are discussing the possibility of regulating Bitcoin, but some experts say that Bitcoin's decentralized nature makes it difficult if not impossible to regulate. by Bob Bitcoins themselves cannot be regulated under current law, at least not directly. But certain activities involving bitcoins can be regulated. This came out in a recent hearing held by the Senate Committee on Homeland Security and Governmental Affairs focused on the necessity and ability for the federal government to regulate virtual currencies, such as bitcoin.

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Bitcoin craze continues despite government regulation

©BBC 2017 - COPYRIGHT REMAINS WITH THE ORIGINAL OWNER AND IS USED FOR EDUCATIONAL & REFERENCE USE. The British Government is set to regulate cryptocurrencies such as Bitcoin. Emma Vardy takes a look. 정부, 비트코인 등 가상화폐 규제 Things are looking up for investors in virtual currencies this year. Still, there are lingering concerns of a bubble... with more than a million ... Mark Thornton appeared in an exclusive interview on RT TV to discuss the arrest of Charlie Shrem, and the motivation behind the U.S. government's war on Bitcoin and other private digital currencies. Cryptocurrency Regulation EXPLAINED: I go through the good, the bad, and the ugly of regulation, explaining how exactly it is playing out on a global scale from countries like: The USA, China ... #Bitcoin #BTC #Crypto. Loading... Advertisement ... Can The Government Shut Down Bitcoin? - Duration: 15:04. Trader University 2,177 views. 15:04. Can Governments Ban Bitcoin and Cryptocurrency?

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