Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says

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Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says

Bloomberg2021-06-01

Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s ...

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Comment（6）

KateJhui23
·2021-06-02
I’m new comer . Wish to learn more from u all[Heart]
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SLabcd
·2021-06-01
Nice
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MightyPooP
·2021-06-01
Of course everyone seeks to regulate it. It might be but its resistance to regulation will be high. The future is unpredictable for this one. Nice to play to on the volatility too.
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MaeTan
·2021-06-01
If it’s not doing well, it will not be regulated. ?
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- Flyinng:
  ok
  2021-06-01
  Reply
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- MaddyLIM:
  True true
  2021-06-02
  Reply
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XxjtxX
·2021-06-01
Help to like, thank you
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2
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- XxjtxX:
  ThAnk tou
  2021-06-02
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- Foros:
  good
  2021-06-01
  Reply
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WayneSing
·2021-06-01
like and comment thanks
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- Jazling:
  Reply Pls
  2021-06-01
  Reply
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- rachhy:
  so will Bitcoin do well
  2021-06-01
  Reply
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- ZEROHERO:
  Done
  2021-06-01
  Reply
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That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as Goldman Sachs Group Inc. offer trading services tied to crypto.\n“When something gets big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”\nIt’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up pressure on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re not allowed to accept cryptocurrencies for payment, which followed a crackdown on crypto mining. 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That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about&nbsp;five years.</p>\n<p>Regulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.</p>\n<p>Sweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. 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That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as Goldman Sachs Group Inc. offer trading services tied to crypto.\n“When something gets big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”\nIt’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up pressure on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re not allowed to accept cryptocurrencies for payment, which followed a crackdown on crypto mining. There are signs, though, that traders are still active, underscoring the scale of the challenge.\nIn the U.S., Federal Reserve officials are in the process of studying “the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.\nIn the European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.\nDigital Currency Race\nSweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about five years.\nRegulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.\nSweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. 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That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as&nbsp;Goldman Sachs Group Inc.&nbsp;offer&nbsp;trading services tied to crypto.</p>\n<p>“When something gets&nbsp;big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”</p>\n<p>It’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up&nbsp;pressure&nbsp;on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re&nbsp;not allowed to accept cryptocurrencies for payment, which followed a crackdown on&nbsp;crypto mining. There are signs, though, that traders are&nbsp;still active, underscoring the scale of the challenge.</p>\n<p>In the U.S., Federal Reserve officials are in the process of&nbsp;studying&nbsp;“the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.</p>\n<p>In the&nbsp;European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.</p>\n<p><b>Digital Currency Race</b></p>\n<p>Sweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about&nbsp;five years.</p>\n<p>Regulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.</p>\n<p>Sweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. But she called it a “work in progress at the international level.” She also said that addressing the risk of money laundering that cryptocurrencies represent is a “very important issue” that will require cross-border work.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 15:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155065396","content_text":"Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.\nThough monetary policy officials have voiced near universal skepticism toward Bitcoin and its rivals, cryptocurrencies have continued to build an enthusiastic following. That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as Goldman Sachs Group Inc. offer trading services tied to crypto.\n“When something gets big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”\nIt’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up pressure on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re not allowed to accept cryptocurrencies for payment, which followed a crackdown on crypto mining. There are signs, though, that traders are still active, underscoring the scale of the challenge.\nIn the U.S., Federal Reserve officials are in the process of studying “the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.\nIn the European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.\nDigital Currency Race\nSweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about five years.\nRegulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.\nSweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. But she called it a “work in progress at the international level.” She also said that addressing the risk of money laundering that cryptocurrencies represent is a “very important issue” that will require cross-border work.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":119889738,"gmtCreate":1622535616824,"gmtModify":1704185803225,"author":{"id":"3575163551534398","authorId":"3575163551534398","name":"MightyPooP","avatar":"https://static.tigerbbs.com/aec66d00ca2b1f2b75412008d93edd14","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":2,"crmLevelSwitch":1,"idStr":"3575163551534398","authorIdStr":"3575163551534398"},"htmlText":"Of course everyone seeks to regulate it. It might be but its resistance to regulation will be high. The future is unpredictable for this one. Nice to play to on the volatility too.","listText":"Of course everyone seeks to regulate it. It might be but its resistance to regulation will be high. The future is unpredictable for this one. Nice to play to on the volatility too.","text":"Of course everyone seeks to regulate it. It might be but its resistance to regulation will be high. The future is unpredictable for this one. Nice to play to on the volatility too.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119889738","repostId":1155065396,"repostType":4,"repost":{"id":"1155065396","pubTimestamp":1622532696,"share":"https://ttm.financial/m/news/1155065396?lang=&edition=fundamental","pubTime":"2021-06-01 15:31","market":"us","language":"en","title":"Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1155065396","media":"Bloomberg","summary":"Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authori","content":"<p>Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.</p>\n<p>Though monetary policy officials have voiced near universal&nbsp;skepticism&nbsp;toward Bitcoin and its rivals, cryptocurrencies have continued to build an enthusiastic following. That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as&nbsp;Goldman Sachs Group Inc.&nbsp;offer&nbsp;trading services tied to crypto.</p>\n<p>“When something gets&nbsp;big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”</p>\n<p>It’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up&nbsp;pressure&nbsp;on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re&nbsp;not allowed to accept cryptocurrencies for payment, which followed a crackdown on&nbsp;crypto mining. There are signs, though, that traders are&nbsp;still active, underscoring the scale of the challenge.</p>\n<p>In the U.S., Federal Reserve officials are in the process of&nbsp;studying&nbsp;“the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.</p>\n<p>In the&nbsp;European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.</p>\n<p><b>Digital Currency Race</b></p>\n<p>Sweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about&nbsp;five years.</p>\n<p>Regulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.</p>\n<p>Sweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. But she called it a “work in progress at the international level.” She also said that addressing the risk of money laundering that cryptocurrencies represent is a “very important issue” that will require cross-border work.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 15:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155065396","content_text":"Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.\nThough monetary policy officials have voiced near universal skepticism toward Bitcoin and its rivals, cryptocurrencies have continued to build an enthusiastic following. That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as Goldman Sachs Group Inc. offer trading services tied to crypto.\n“When something gets big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”\nIt’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up pressure on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re not allowed to accept cryptocurrencies for payment, which followed a crackdown on crypto mining. There are signs, though, that traders are still active, underscoring the scale of the challenge.\nIn the U.S., Federal Reserve officials are in the process of studying “the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.\nIn the European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.\nDigital Currency Race\nSweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about five years.\nRegulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.\nSweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. But she called it a “work in progress at the international level.” She also said that addressing the risk of money laundering that cryptocurrencies represent is a “very important issue” that will require cross-border work.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":119810787,"gmtCreate":1622535083949,"gmtModify":1704185787868,"author":{"id":"3566205103165331","authorId":"3566205103165331","name":"MaeTan","avatar":"https://static.tigerbbs.com/9b4c7db40f5ec74ea810182d08212cf4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566205103165331","authorIdStr":"3566205103165331"},"htmlText":"If it’s not doing well, it will not be regulated. ?","listText":"If it’s not doing well, it will not be regulated. ?","text":"If it’s not doing well, it will not be regulated. ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/119810787","repostId":1155065396,"repostType":4,"repost":{"id":"1155065396","pubTimestamp":1622532696,"share":"https://ttm.financial/m/news/1155065396?lang=&edition=fundamental","pubTime":"2021-06-01 15:31","market":"us","language":"en","title":"Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1155065396","media":"Bloomberg","summary":"Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authori","content":"<p>Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.</p>\n<p>Though monetary policy officials have voiced near universal&nbsp;skepticism&nbsp;toward Bitcoin and its rivals, cryptocurrencies have continued to build an enthusiastic following. That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as&nbsp;Goldman Sachs Group Inc.&nbsp;offer&nbsp;trading services tied to crypto.</p>\n<p>“When something gets&nbsp;big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”</p>\n<p>It’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up&nbsp;pressure&nbsp;on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re&nbsp;not allowed to accept cryptocurrencies for payment, which followed a crackdown on&nbsp;crypto mining. There are signs, though, that traders are&nbsp;still active, underscoring the scale of the challenge.</p>\n<p>In the U.S., Federal Reserve officials are in the process of&nbsp;studying&nbsp;“the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.</p>\n<p>In the&nbsp;European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.</p>\n<p><b>Digital Currency Race</b></p>\n<p>Sweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about&nbsp;five years.</p>\n<p>Regulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.</p>\n<p>Sweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. But she called it a “work in progress at the international level.” She also said that addressing the risk of money laundering that cryptocurrencies represent is a “very important issue” that will require cross-border work.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 15:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155065396","content_text":"Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.\nThough monetary policy officials have voiced near universal skepticism toward Bitcoin and its rivals, cryptocurrencies have continued to build an enthusiastic following. That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as Goldman Sachs Group Inc. offer trading services tied to crypto.\n“When something gets big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”\nIt’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up pressure on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re not allowed to accept cryptocurrencies for payment, which followed a crackdown on crypto mining. There are signs, though, that traders are still active, underscoring the scale of the challenge.\nIn the U.S., Federal Reserve officials are in the process of studying “the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.\nIn the European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.\nDigital Currency Race\nSweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about five years.\nRegulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.\nSweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. But she called it a “work in progress at the international level.” She also said that addressing the risk of money laundering that cryptocurrencies represent is a “very important issue” that will require cross-border work.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4528465,"gmtCreate":1622535821993,"gmtModify":1680792371644,"authorId":3560250280642807,"author":{"id":3560250280642807,"idStr":"3560250280642807","authorId":3560250280642807,"name":"Flyinng","avatar":"https://static.tigerbbs.com/6e69ec197c553ae05464e21cec43ff61","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":119810787,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":4544148,"gmtCreate":1622624735755,"gmtModify":1663227789657,"authorId":3576843963312863,"author":{"id":3576843963312863,"idStr":"3576843963312863","authorId":3576843963312863,"name":"MaddyLIM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":119810787,"type":1,"supId":0,"prevId":0,"content":"True true ","text":"True true ","html":"True true "}],"langContent":"EN"},{"id":119891236,"gmtCreate":1622533834525,"gmtModify":1704185765200,"author":{"id":"3582100665369057","authorId":"3582100665369057","name":"XxjtxX","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582100665369057","authorIdStr":"3582100665369057"},"htmlText":"Help to&nbsp;like,&nbsp; thank you","listText":"Help to&nbsp;like,&nbsp; thank you","text":"Help to like, thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/119891236","repostId":1155065396,"repostType":4,"repost":{"id":"1155065396","pubTimestamp":1622532696,"share":"https://ttm.financial/m/news/1155065396?lang=&edition=fundamental","pubTime":"2021-06-01 15:31","market":"us","language":"en","title":"Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1155065396","media":"Bloomberg","summary":"Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authori","content":"<p>Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.</p>\n<p>Though monetary policy officials have voiced near universal&nbsp;skepticism&nbsp;toward Bitcoin and its rivals, cryptocurrencies have continued to build an enthusiastic following. That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as&nbsp;Goldman Sachs Group Inc.&nbsp;offer&nbsp;trading services tied to crypto.</p>\n<p>“When something gets&nbsp;big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”</p>\n<p>It’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up&nbsp;pressure&nbsp;on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re&nbsp;not allowed to accept cryptocurrencies for payment, which followed a crackdown on&nbsp;crypto mining. There are signs, though, that traders are&nbsp;still active, underscoring the scale of the challenge.</p>\n<p>In the U.S., Federal Reserve officials are in the process of&nbsp;studying&nbsp;“the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.</p>\n<p>In the&nbsp;European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.</p>\n<p><b>Digital Currency Race</b></p>\n<p>Sweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about&nbsp;five years.</p>\n<p>Regulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.</p>\n<p>Sweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. But she called it a “work in progress at the international level.” She also said that addressing the risk of money laundering that cryptocurrencies represent is a “very important issue” that will require cross-border work.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 15:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155065396","content_text":"Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.\nThough monetary policy officials have voiced near universal skepticism toward Bitcoin and its rivals, cryptocurrencies have continued to build an enthusiastic following. That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as Goldman Sachs Group Inc. offer trading services tied to crypto.\n“When something gets big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”\nIt’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up pressure on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re not allowed to accept cryptocurrencies for payment, which followed a crackdown on crypto mining. There are signs, though, that traders are still active, underscoring the scale of the challenge.\nIn the U.S., Federal Reserve officials are in the process of studying “the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.\nIn the European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.\nDigital Currency Race\nSweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about five years.\nRegulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.\nSweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. But she called it a “work in progress at the international level.” She also said that addressing the risk of money laundering that cryptocurrencies represent is a “very important issue” that will require cross-border work.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4542953,"gmtCreate":1622617838671,"gmtModify":1680792627601,"authorId":3582100665369057,"author":{"id":3582100665369057,"idStr":"3582100665369057","authorId":3582100665369057,"name":"XxjtxX","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":119891236,"type":1,"supId":4528296,"prevId":0,"content":"ThAnk tou","text":"ThAnk tou","html":"ThAnk tou"},{"id":4528296,"gmtCreate":1622535031040,"gmtModify":1680792366377,"authorId":3574156765565189,"author":{"id":3574156765565189,"idStr":"3574156765565189","authorId":3574156765565189,"name":"Foros","avatar":"https://static.tigerbbs.com/4aab8cbc5838ac3992a3d449f933303e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":119891236,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good"}],"langContent":"EN"},{"id":119802684,"gmtCreate":1622533319648,"gmtModify":1704185754116,"author":{"id":"3584427442291849","authorId":"3584427442291849","name":"WayneSing","avatar":"https://static.tigerbbs.com/9ba5be2ddf8347d41eed59a863adfe57","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3584427442291849","authorIdStr":"3584427442291849"},"htmlText":"like and comment thanks","listText":"like and comment thanks","text":"like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/119802684","repostId":1155065396,"repostType":4,"repost":{"id":"1155065396","pubTimestamp":1622532696,"share":"https://ttm.financial/m/news/1155065396?lang=&edition=fundamental","pubTime":"2021-06-01 15:31","market":"us","language":"en","title":"Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1155065396","media":"Bloomberg","summary":"Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authori","content":"<p>Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.</p>\n<p>Though monetary policy officials have voiced near universal&nbsp;skepticism&nbsp;toward Bitcoin and its rivals, cryptocurrencies have continued to build an enthusiastic following. That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as&nbsp;Goldman Sachs Group Inc.&nbsp;offer&nbsp;trading services tied to crypto.</p>\n<p>“When something gets&nbsp;big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”</p>\n<p>It’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up&nbsp;pressure&nbsp;on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re&nbsp;not allowed to accept cryptocurrencies for payment, which followed a crackdown on&nbsp;crypto mining. There are signs, though, that traders are&nbsp;still active, underscoring the scale of the challenge.</p>\n<p>In the U.S., Federal Reserve officials are in the process of&nbsp;studying&nbsp;“the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.</p>\n<p>In the&nbsp;European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.</p>\n<p><b>Digital Currency Race</b></p>\n<p>Sweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about&nbsp;five years.</p>\n<p>Regulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.</p>\n<p>Sweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. But she called it a “work in progress at the international level.” She also said that addressing the risk of money laundering that cryptocurrencies represent is a “very important issue” that will require cross-border work.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Is Unlikely to Escape Regulation, Riksbank Governor Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 15:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-01/bitcoin-is-unlikely-to-escape-regulation-riksbank-governor-says?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155065396","content_text":"Bitcoin and other cryptocurrencies are unlikely to dodge regulatory oversight as supervisory authorities respond to the sheer popularity of the phenomenon, according to the governor of Sweden’s central bank.\nThough monetary policy officials have voiced near universal skepticism toward Bitcoin and its rivals, cryptocurrencies have continued to build an enthusiastic following. That’s prompted some of the biggest names in finance to move in, as Wall Street banks such as Goldman Sachs Group Inc. offer trading services tied to crypto.\n“When something gets big enough, things like consumer interests and money laundering come into play,” Riksbank Governor Stefan Ingves said on Monday. “So there’s good reason to believe that [regulation] will happen.”\nIt’s far from clear how to regulate a product that’s designed to evade the scrutiny of national authorities. But governments are already trying, with China in particular stepping up pressure on crypto loyalists. The People’s Bank of China recently told financial institutions that they’re not allowed to accept cryptocurrencies for payment, which followed a crackdown on crypto mining. There are signs, though, that traders are still active, underscoring the scale of the challenge.\nIn the U.S., Federal Reserve officials are in the process of studying “the various ways to address this issue,” Randal Quarles, the Fed’s vice chairman of supervision said in May. But federal agencies need time to ponder the right regulatory approach before they can then create a framework for oversight, he added.\nIn the European Union, the commission has put the matter to a hearing as it tries to figure out how best to create a regulatory framework for crypto assets. In September, it proposed a pilot regime for market infrastructures interested in trading crypto assets.\nDigital Currency Race\nSweden, like China, is one of the more advanced countries in its efforts to develop a central bank digital currency. That’s as monetary authorities try to prepare for the disappearance of cash as a payment form, and try to ensure that cryptocurrencies don’t fill the void. Ingves has previously estimated Sweden might have its own central bank e-krona in about five years.\nRegulation of cryptocurrencies “will probably come at different times in different areas,” Ingves said.\nSweden’s financial markets minister, Asa Lindhagen, said the government is already in the process of tightening standards for crypto exchange platforms. But she called it a “work in progress at the international level.” She also said that addressing the risk of money laundering that cryptocurrencies represent is a “very important issue” that will require cross-border work.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4529513,"gmtCreate":1622541897614,"gmtModify":1680792385039,"authorId":3566821013640470,"author":{"id":3566821013640470,"idStr":"3566821013640470","authorId":3566821013640470,"name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":119802684,"type":1,"supId":0,"prevId":0,"content":"Reply Pls","text":"Reply Pls","html":"Reply Pls"},{"id":4528166,"gmtCreate":1622534296051,"gmtModify":1680792370462,"authorId":3569563989023705,"author":{"id":3569563989023705,"idStr":"3569563989023705","authorId":3569563989023705,"name":"rachhy","avatar":"https://community-static.tradeup.com/news/987b013132c46b8f60047c8f8cc9a066","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":119802684,"type":1,"supId":0,"prevId":0,"content":"so will Bitcoin do <u>well</u>","text":"so will Bitcoin do <u>well</u>","html":"so will Bitcoin do <u>well</u>"},{"id":4528087,"gmtCreate":1622533760512,"gmtModify":1680792362644,"authorId":3566532164444643,"author":{"id":3566532164444643,"idStr":"3566532164444643","authorId":3566532164444643,"name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.05","exceedPercentage":"93.17%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.23","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":119802684,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":17,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}