Post
Topic
Board Bitcoin Discussion
Re: Two Chinese bitcoin trading platforms announced to close for the policy
by
Abdussamad
on 05/05/2014, 12:14:23 UTC
I am new to crypto world and wonder if Bitcoin was always  under governments pressure? as nowadays I can see that in many countries govs are concerned about the issue of Bitcoin and and its regulation (especially in USA). Is it temporary situation or permanent ?

My understanding is that bitcoin first got a government's attention last year when the Fincen guidelines came out. Ironically enough that gave a boost to prices. Since then it's come under increasing scrutiny from governments around the world. Lots of governments have weighed in with their opinion on bitcoin now. There is a site bitlegal that tracks bitcoin's legality in various sovereign countries around the world.