Jim Rickards: The Noose Around Bitcoin Just Got Tighter
by Jim Rickards via Daily Reckoning I’ve warned repeatedly that government regulators would be putting the squeeze on bitcoin and other cryptocurrencies. Well, the noose just got tighter. The Securities and Exchange Commission (SEC) announced yesterday that bitcoin and many other cryptocurrencies meet the government’s definition of a security and are therefore subject to regulation. Importantly, crypto exchanges … Read more