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Category Archives: Crypto Regulation

Russia to Create Laws to Regulate Cryptos

Russian President Vladimir Putin has ordered the government to create laws governing the status of bitcoin, other cryptocurrencies, mining, ICOs, as well as defining everything that relates to digital money by July 2018, according to the Kremlin.

The miners of bitcoin, ethereum, and other virtual currencies will have to register and pay taxes.

Putin also wants regulation of ICOs (initial coin offerings), taking as a basis the practice of initial public offerings (IPOs).

Continue to read at the source: RussiaFeed

Is Bitcoin Legal In Australia? (CommBank Freezing Bank Accounts)

Is Bitcoin Legal In Australia? (CommBank Freezing Bank Accounts)

Source: The_Crypto_God

Putin Greenlights Launch of the CryptoRuble

Russian President Vladimir Putin has ordered the issue of a national cryptocurrency, according to Communications Minister Nikolay Nikiforov, after a closed-door meeting. The minister said once the digital currency or CryptoRuble is issued other cryptocurrency mining will be banned and it will be entirely regulated by the government. “I am so confident to declare that we will run CryptoRuble just for one simple reason: if we don’t, our neighbors in the Eurasian Economic Community will do it in a couple of months,” said Nikiforov.

Be sure to continue to read at the source: Russia Insider

Crypto Daily: Russia to Ban Crypto Exchanges?

Crypto Daily: Russia to Ban Crypto Exchanges?

Source: Crypto Daily

Crypto Market Recap: SEC forms “Cyber Unit”, Omise Partners with Mcdonalds

Crypto Market Recap: SEC forms “Cyber Unit”, Omise Partners with Mcdonalds

Source: Boxmining

Charlie Lee Sources Say China Ban is FUD + Overview of Nexus Conference in Aspen!

Charlie Lee Sources Say China Ban is FUD + Overview of Nexus Conference in Aspen!

Source: Crypto Blood

South African Supermarket Trials Bitcoin, Jamie Foxx into Crypto?

South African Supermarket Trials Bitcoin, Jamie Foxx into Crypto?

Source: Boxmining

Cryptos: Swap lil’ Losers for BIG Losers?! (Bix Weir)

Cryptos: Swap lil’ Losers for BIG Losers?! (Bix Weir)

Source: RoadtoRoota

China FUD! JP Morgan Hypocrisy! BTFD!!

China FUD! JP Morgan Hypocrisy! BTFD!!

Source: Crypto Rich

Bitcoin FUD: Is this the Bigger Picture?

Is the special interest group who controls the West extending and intensifying their war efforts against countries such as China, Northern Korea and Russia in the crypto space? You bet.

It seems that at least one special interest group in the West is hard-pressed to attack the above-mentioned countries and Bitcoin, including holders of Bitcoin and other cryptos. It seems that they are using their influence and control over the media and other outlets to spread fear, uncertainty and doubt (FUD) – for most part based on anonymous sources that cannot be verified (as stated in their own media reports). They have after all shown that they are experts when it comes to creating and spreading baseless rumors. In effect, creating and spreading lies and half-truths, pretending at best to speak on behalf of others, including what is supposed to be sovereign nations. 

As if that is not enough, special interest lapdogs such as Jamie Dimon, are constantly barking anti-Bitcoin rhetoric based on utter nonsense. They want to create the false impression for one that only Bitcoin is used in fraudulent and criminal activities. This while the US Dollar, the main enabler of the wholesale slaughter of millions of people around the globe, is not used in such activities at all.

This while they always blame Russians and North Koreans for hacks and money stolen, including the creation and use of ransomware such as WannaCry. This while even Microsoft has squarely placed the blame for the creation and release of WannaCry on the U.S. National Security Agency. This while WannaCry only demanded ransom paid in Bitcoin. Is their agenda clear to you yet?

In the latest stunt, they even go as far as to accuse North Korea of stealing and stockpiling Bitcoin in order to evade Western sanctions. This while conveniently failing to mention in the first place that the use of sanctions is according to international law an act of war. Not that they give two shits about international law. It should be obvious to any honest observer that they do as they please and don’t care about how many lives they destroy in the process.

What to do about it? What to expect moving forward?

The best thing you can do is to ignore them. If we ignore them, they will have a tough time influencing our thoughts and actions. Don’t allow them to succeed in manipulating public opinion. For one, don’t sell of your cryptos when they cry: “Wolf!”

Expect that there will be ever-increasing efforts to kill off cryptos such as Bitcoin that are based on decentralized, peer-to-peer blockchains that enable peer-to-peer trustless (bankless) transactions within peer-to-peer economies.

In addition, expect an increase in efforts to start more wars, predominantly based on lies and half-truths – all designed to keep them in power and the bulk of humanity enslaved. 

Don’t be surprised if they introduce draconian laws against Bitcoin and other cryptos in the West soon. Don’t be surprised if they use their Bitcoin FUD involving China, North Korea and Russia as an excuse. They will pretend to do it for your ‘protection’ – a buzz word mainly used to deceive, destroy, enslave, murder and steal.