Regulation

The US Securities and Exchange Commission has denied a bid to launch the first-ever Bitcoin exchange-traded fund, citing fraud risk and lack of regulation in global Bitcoin markets.

The European Union proposed new anti-money laundering regulations that would extend to cryptocurrency exchanges, requiring customer identification and transaction reporting.

Japan formally recognized bitcoin as a legal method of payment through new regulatory legislation, signaling mainstream acceptance and creating a framework for regulated cryptocurrency exchanges.

Australia's government announced that bitcoin would no longer be subject to goods and services tax, eliminating double taxation when used for purchases and eliminating a significant barrier to adoption.

The UK government published an official report examining blockchain technology and blockchain, exploring implications for financial regulation, record-keeping, and technological innovation.

ShapeShift.io blocks access from New York residents, placing the cryptocurrency exchange in rare company. Only North Korea prevents users from reaching the platform. ShapeShift made this move after Ne