Austria Plans to Regulate Bitcoin Like Gold, Derivatives

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Austria’s finance ministry said that it intends to regulate Bitcoin and other cryptocurrencies similarly to how it currently governs gold and derivatives trading, and it hopes the European Union will do the same. Regulators across the world have grown increasingly concerned about …

China Prepares to Limit Bitcoin Miners’ Power Usage: Report

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The People’s Bank of China (PBOC) has reportedly claimed it can pressure local governments in the country to regulate bitcoin miners’ power usage. Reuters is reporting that China’s central bank has told members of the Leading Group of Beijing Internet Financial Risks …

China May Limit Bitcoin Mining, Reducing the Industry’s Geo Centralization

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. China’s central bank has reportedly told a prominent government internet finance group that while it does not have the authority to regulate bitcoin mining directly, it can instruct local governments to implement regulations that cause bitcoin mining to become less profitable. China’s …