Retailers in Bali are being forced to stop accepting bitcoin at their shops and restaurants.

The actions of governments and regulatory authorities in Asia have been a hot topic in the cryptocurrency space over the last few weeks. The recent crash is widely seen as being driven by reports that the South Korean government indicating it is set to crackdown on cryptocurrency usage. A similar concern is hanging over the already heavily regulated Chinese market right now, rooted in potential government actions to limit access to international exchanges for users within its borders.

Bali A Hive Of Bitcoin Activity?

But it doesn’t stop there.  Read more...