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Ron Paul Warns of Government Crackdown on Bitcoin — ‘The Government Is the Threat’

Former congressman Ron Paul has warned of a government crackdown on bitcoin and safe-haven assets may not be safe from government intervention. “The government is the threat,” he said, noting that “they will crack down because they have the ability to do it.” Ron Paul Warns of Government Threat to Bitcoin Former presidential candidate Ron Paul shared his view on the government’s intervention on bitcoin in an interview last week with Kitco News’ Michelle Makori. Paul is an American author, physician, and retired politician. The former congressman from Texas launched The Ron Paul Liberty Report in 2015 to bring “provocative…

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Norwegian Billionaire Purchased BTC After Calling For Its Ban A Week Ago

Norwegian billionaire Oystein Stray Spetalen invested in Bitcoin and the MiraiEx crypto exchange after calling for a ban on crypto-only seven days earlier so let’s read more in our latest Bitcoin news today. The Norwegian Billionaire invested in both BTC and local crypto exchange MiraiEx according to the Finansavisen reports on Friday. According to the publication, Spetalen bought an undisclosed amount of BTC as well as investing in the exchange by his own admission where the platform didn’t even need more capital at the moment. However, he confessed that more funds will help it expand faster:  “We did not really…

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Billionaire Ray Dalio Believes A Bitcoin Ban Is Probable In The US

Billionaire Ray Dalio believes that a Bitcoin ban is highly possible in the USA in the same way as Gold back in 1934 to “protect the monetary system” so let’s read more in our latest Bitcoin news today. Hedge fund manager and Billionaire Ray Dalio shared his thoughts about the Bitcoin future and stated that a crypto ban in the US has a good probability. Dalio outlined how the central banks are interested in controlling the demand and supply of their country and added that banks decide when is their interest to have a monopoly on banking in a country…

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Indian Government Works On Creating New Crypto Ban Framework

The Indian Government works on creating a new crypto regulatory framework that will end up banning crypto overall. Five months after they lifted the ban on digital assets, one official said that they are considering a new law so let’s find out more in the upcoming crypto news today. One Indian official claimed that two ministries along with the Reserve Bank of India are working on a legal framework to ban cryptocurrencies. According to the reports, the Indian government works on a regulatory framework to ban crypto trading. The site quoted an anonymous official saying that the consultations between the…

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Chinese Arbiter Says Crypto Crackdown Doesn’t Mean A BTC Ban

The Chinese Arbiter from Beijing tried to clarify the government’s stance on Bitcoin and stated that the world’s most controversial crypto ban is not a ban per se. In our latest bitcoin news today, we try and find out what exactly does a ban mean. In an unprecedented move from the Chinese legal body, the Beijing Arbitration Commission or the Chinese arbiter, one of the nine government bodies that were initially established to police courts in 1995, issued a statement on bitcoin and its legal standing in a newsletter, saying that rather than enforcing a ban, China has no laws…

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Beijing Arbitration Commission Says China Didn’t Ban BTC Entirely

The Beijing Arbitration Commission said that actually China didn’t ban BTC entirely since Bitcoin-related activities are not prohibited by the government of China as we are reading more about the report in the best cryptocurrency news sites today. China is one of the places in the world with the most strict crypto jurisdictions and regulations as it has not completely banned Bitcoin according to the Beijing Arbitration Commission, which is a non-profit arbitration organization. According to a report by the BAC Commission, China’s ban on bitcoin is more nuanced than some have actually believed and suggested. In the report, the…

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Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India

Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed. Garg Proposes Indian Government Regulates Crypto as Commodity Subhash Chandra Garg, former Economic Affairs Secretary and Finance Secretary of India, talked about the prospect of regulating cryptocurrency in the country during a webinar entitled “Cryptocurrency in India: What the future holds.” It was organized by law firm Khaitan & Co. in association with Blockon and Crebaco Global. Garg was…

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Bitcoin Ban in India (What to Do If It Happens?)

Will Bitcoin rise again? Yes, it will— stronger than ever. After the meteoric rise in November and half of December, this correction was rather very much expected. It was essential, in fact, to its growth. Is Bitcoin Ban in India or Not Check this theory out. (Via. Some Twitter guy) Bitcoin Price History Also, here’s Bitcoin Price Prediction 2018. Read and see what experts are

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