Bitcoin being outlawed is not a new thing. The new-ish digital currency had many bumps on the road since it’s inception back in 2009. One of the first that actually outlawed it, was Iceland which used an existing legislation made in 2008 to protect the local currency (Krona) against value loss. Bitcoin is illegal to …
On the regulation front, Wallstreet Journal reports that France is planning to implement new rules for financial institutions (like banks, investment houses, money exchanges, and any other possible bitcoin distributor) that will force them to collect and verify the identities of their users before opening any accounts for them to trade/buy/sell Bitcoin. These new rules …