EU to Step Carefully With Cryptocurrency Regulation

Despite a Brussels-based think tank advising the European Union to adopt common rules for cryptocurrencies, a subsequent meeting of European finance ministers concluded that regulations could wait.

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CFTC Subpoenas Cryptocurrency Exchanges in Bitcoin Futures Investigation

Bitstamp, Coinbase, itBit, and Kraken were targeted. The futures looking a bit dim.Due to suspicions of market manipulation that may impact the final settlement price of CME’s bitcoin futures, the Commodity Futures Trading Commission (CFTC) has reportedly subpoenaed four cryptocurrency exchanges.

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European Parliament Votes for Increased Cryptocurrency Regulation

Members of the European Parliament approved a December agreement with the European Council which calls for closer regulation of virtual currencies, like Bitcoin, to prevent them being used for money laundering and terrorism financing. The final vote was 574 in favor, with 13 opposed, and 60 abstentions.

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