Breaking News
Spokane Fire: Prepping Our Equipment to Head Out
80x Bigger Than Enron: $5.1 Trillion Fraud That Can Collapse Treasuries, Spark Civil War
Amish community fined nearly $500,000 for failing to download ArriveCan app
Iran Issues Six Demands on the US to Re-Open the Strait
Top Tech News
What could possibly go wrong? Scientists use AI to design new viruses
Dual-motor suitcase drive underpins 3,000-hp hypercar
DoorDash Wins Federal Approval To Fly Its Own Delivery Drones
Shade-Resistant Solar Cells Retain 97% Efficiency After 2,000 Hours of Testing
20 Ancient Engineering SECRETS
Stonehenge Was Reanalyzed by AI -- And the Findings Are Hard to Explain
After Years Of Delays, Aptera Is Finally Preparing To Build Customer Cars
'When you kill it, it doesn't die': the jellyfish that has cracked the secret of immorta
Archer Aviation debuts Halo autonomous VTOL, Thunder's commercial twin
US Telecoms Slide On Starlink Mobile Threat; Bernstein Sees It As A "Jab, But No Knockout Yet**
The Coming Bitcoin Crackdown
Case in point: bitcoin.
As I pointed out in my Tech Trends for 2017 editorial, bitcoin regulation is going to be one of the dominant themes of the year. Indeed, that prediction has (unfortunately) already come true, with the EU Council proposing the registration of all bitcoin users under the guise of "anti-terrorism" legislation and the IRS' legal pursuit of information on all Coinbase users continuing to play out in the courts.
Check the newswire on any given day and you'll see any number of government regulators looking to get their regulatory mitts on the cryptocurrency:
Japan's new regulation regime for bitcoin and "other virtual currency" takes effect this April.
The Philippines' Central Bank just issued a circular detailing a raft of new regulatory requirements for virtual currency exchanges.
The Australian Digital Currency & Commerce Association has pre-empted the Aussie government by coming up with their own self-regulatory code of conduct.