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From Blanket Ban to Its Own Stablecoin: How Facebook’s Relationship With Crypto Changed Over 2018
After banning and unbanning crypto ads, Facebook reportedly proceeded toward its own cryptocurrency — and its blockchain division is steadily expanding as well. Here’s how the social media giant’s relationship with crypto has changed over the year дальше »
2018-12-29 17:04 | |
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India May Legalize Bitcoin Under “Strong” Rules
India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. дальше »
2018-12-28 02:16 | |
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India Reportedly Legalizing Cryptocurrencies Under “Tough” Ruling
According to a report via the New India Express, the Indian government is looking into legalizing cryptocurrencies. However, this would be under fairly strict rulings, as the country’s investigative cryptocurrency committee doesn’t want to ban digital assets outright, but recognizes they must still be regulated. дальше »
2018-12-28 23:40 | |
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New Indian Governmental Committee Wants Cryptocurrencies to Be Legalized
The Indian cryptocurrency scene is murky as crypto entities are facing a banking ban and the government has explicitly asked investors to stay away from Bitcoin and other cryptocurrencies. However, the second interdisciplinary committee is now saying that cryptocurrency could be legalized in India with several terms and conditions, as reported by The New Indian Express. дальше »
2018-12-27 16:04 | |
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India Likely To Lift Cryptocurrency Ban in 2019
India’s long-running saga regarding the legality of cryptocurrency is likely to see a lifting of the current ban in 2019. Indian Flip Flops Reports suggest the Gov’t formed committee debating the matter are in favor of legalization, although with strong regulations. дальше »
2018-12-27 16:00 | |
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Indian crypto exchange Wazirx is seeing record trading volumes despite regulatory uncertainty
Indian cryptocurrency exchange Wazirx says it is seeing record trading volumes despite a number of conditions that dampen trader sentiment such as the crypto banking ban imposed by the country’s central bank, the Reserve Bank of India (RBI), Bitcoin. дальше »
2018-12-26 09:54 | |
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Where Are They Now?: More than a Year Since the ICO Ban, China Is a World Leader in Blockchain Technologies
Ever since the winter boom of 2017, blockchain and cryptocurrencies were catapulted into global discourse like never before; whether it was the sky-high crypto-market capitalizations, or the rush of freshly-funded blockchain startups advancing the frontiers of the bustling sector, it became evident it was no “fad. дальше »
2018-12-22 11:00 | |
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Prominent Crypto Trader Michael Gu: China Bitcoin Ban is ‘Very Shallow’, Overhyped and Examined
Crypto advocates have repeatedly scrutinizedChina for their harsh stance on cryptocurrencies. Nevertheless, when Michael Gu (Blockchain expert and cryptocurrency analyst) sat down with the head trader at Genesis Block, Charles, the disclosures varied from the mass belief. дальше »
2018-11-26 21:49 | |
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Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
India’s supreme court has set a new date to hear the petitions against the cryptocurrency banking ban by the country’s central bank. Meanwhile, the crypto community in India is campaigning on social media for “positive regulations” and the rollback of the banking ban. дальше »
2018-11-25 07:05 | |
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Overstock to Focus on DLT, Expects to Sell Retail Business by February
Major online retailer Overstock expects to finalize a deal to sell its retail operations by February. The Utah-based company is selling the business so it can solely focus on the cryptocurrency and distributed ledger technology (DLT) sector. дальше »
2018-11-25 02:15 | |
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Bitcoininfo.ru Wins Court Case Against Ban
The owner of Bitcoininfo. ru has won an appeal against a ruling to block the cryptocurrency website. A court in Saint Petersburg has decided that access should be restored and that Nikolay Tonkoshkurov should be compensated for the unlawful actions of the prosecutors and judges who presided over the case. дальше »
2018-11-24 16:30 | |
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Indian Lawmakers to Draft Crypto Regulations by Year End
Quartz India reports that financial regulators in the region could be drafting official cryptocurrency regulations before the end of the year. Indian lawmakers have been under heavy pressure in recent months by crypto traders and startups to clarify the unofficial cryptocurrency ban that came into effect in July. дальше »
2018-11-23 21:10 | |
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GAB Social Network Opts To Use BitPay For Bitcoin Payments After Ban By Coinbase, PayPal And Stripe
Social Network Gab Banned By Stripe, PayPal, And Coinbase, Motivating Move To Bitcoin Payments Through BitPay Much of the purpose of cryptocurrency is to provide an opportunity to consumers to transact without their own personal data on the internet. дальше »
2018-11-22 19:40 | |
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UK’s FCA Might Ban Sale Of Cryptocurrency Contracts-For-Difference (CFDs) To Retail Investors
Christopher Woolard, the FCA’s executive director of strategy and competition reported that British regulators are considering banning cryptocurrency-contracts-for-difference sales to retail investors. дальше »
2018-11-21 13:21 | |
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Cryptocurrency Derivatives at Risk for Ban in UK, Based on Volatility and “Market Integrity Issues”
The United Kingdom has had an unpredictable stance on cryptocurrency, especially since their framework is not exactly friendly to the entire market. Cryptocurrency derivatives seem to have the harshest reputation, and the Financial Conduct Authority (FCA) in the UK may end up banning them. дальше »
2018-11-21 00:09 | |
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Cryptocurrency Regulations: India Finally Set to Release Draft Document in December
India might finally release the long-awaited regulatory draft on cryptocurrency before the end of the year. This comes in the midst of the current ban placed by the RBI, barring banks from dealing with cryptocurrency exchanges. дальше »
2018-11-20 19:09 | |
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Federal Election Commission Gives Green Light for Political Mining Pool Donations
The U. S. Federal Election Commission (FEC) has given tacit permission for mining pools to donate to political campaigns. The FEC released a memo on their website on November 13, 2018, to provide background information to a formal meeting that would take place on November 15. дальше »
2018-11-20 00:41 | |
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What Is Huobi Chain? Introduction to Huobi Token
What Is Huobi? Huobi is a Singapore-based cryptocurrency exchange created in 2013 by former Oracle engineer Leon Li. Originally based in China, the Huobi Foundation expanded to Singapore, South Korea, and Japan following China’s 2017 Bitcoin trade ban. дальше »
2018-11-18 22:56 | |
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Nigerians want Cryptocurrency, And They Want It Now
In 2017, the Central Bank of Nigeria (CBN) placed a ban on traditional banking systems to halt transactions in Bitcoin and other virtual currencies saying that the “Central bank cannot control or regulate Bitcoin”. дальше »
2018-11-17 19:04 | |
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Regulations Roundup: Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency
In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes. дальше »
2018-11-14 22:45 | |
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Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency
In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes. дальше »
2018-11-14 22:45 | |
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Sompo Holdings Acquires 10% Stake in Kenyan Cryptocurrency Exchange Bitpesa
Japanese insurance group Sompo Holdings has acquired a 10 percent stake in Bitpesa, a Kenyan digital currency exchange and payments company, for 570 million yen ($5. 02 million). The deal is expected to further digitize the insurer’s international remittance service. дальше »
2018-11-13 15:10 | |
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Trader Jailed and Fined Over $1 Million for Bitcoin and Litecoin Fraud Scheme
The U. S. Commodity Futures Trading Commission (CFTC) issued a press release on Friday, November 9, 2018, stating that it had fined Arizona resident Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme against his former employer and other investors. дальше »
2018-11-13 22:55 | |
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Vietnam at Crossroads on Cryptocurrency Regulations
Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment. дальше »
2018-11-11 22:00 | |
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No, China Has Not Legalized Nor Put an End to Bitcoin Ban; Inaccurate Reports
Throughout the past 24 hours, several publications and public figures have misreported that China has put an end to its blanket ban on bitcoin and the cryptocurrency exchange market. On Nov. 9, one cryptocurrency-focused publication released a story entitled “China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally. дальше »
2018-11-9 14:30 | |
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Cryptogem Global Defies Zimbabwe’s Central Bank with New P2P Bitcoin Exchange
Cryptogem Global, a new peer-to-peer bitcoin (BTC) exchange, has opened in Harare in defiance of the Reserve Bank of Zimbabwe’s ban on cryptocurrencies. The decentralized platform allows Zimbabweans to buy and sell BTC without the need for intermediaries such as legacy financial institutions. дальше »
2018-11-8 18:25 | |
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Colorado and California Just Elected Pro-Bitcoin Governors
Following the 2018 midterm elections, the U. S. will see two new pro-Bitcoin governors sworn into office. Jared Polis (D-CO) and Gavin Newsom (D-CA) both won out against their respective Republican contenders last night, November 6, 2018. дальше »
2018-11-7 20:44 | |
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Taiwan Prepares to Block Anonymous Cryptocurrency Transactions
Anonymous and privacy-oriented cryptocurrencies have always been a topic of controversy. Even though these currencies do not facilitate illegal activity by default, it seems the association with such activities is enough to make regulators nervous. дальше »
2018-11-7 18:00 | |
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Chinese Court: Bitcoin Is Property and Protected by Law
A Chinese Court recently ordered a company in a civil dispute to repay a misappropriated amount of cryptocurrency, setting a legal precedent for cryptocurrency-related disagreements. According to a Finance Magnates’ article published on November 5, 2018, despite China’s 2017 cryptocurrency ban, the Shenzhen Court recognized in the civil dispute that cryptocurrencies have economic value. дальше »
2018-11-7 04:00 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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SATOS Exchange Proves Nothing Will Stop Their Ads, Opting For A Bus Instead Of Online Promotions
Facebook and Google have truly put a damper on the way that cryptocurrency companies are able to advertise to consumers, especially considering the millions of people on social media. This ban has made it crucial for companies to become more creative in their efforts to publicize their ICOs and their exchanges. The SATOS cryptocurrency exchange […] дальше »
2018-11-5 12:22 | |
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India Still Uncomfortable With Digital Currencies, May Ban Crypto Altogether
On a typical spring day in April, Indian cryptocurrency traders were conducting their business as usual when a snap announcement by the country’s central bank sent waves of panic across the country. дальше »
2018-11-1 19:29 | |
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India Considering Cryptocurrency Ban
Indian regulatory body the Financial Stability and Development Council (FSDC) is considering measures to ban the use of private cryptocurrencies while encouraging distributed ledger technology instead, after a meeting on Thursday. дальше »
2018-11-1 16:00 | |
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Indian Government Continues to Subdue Crypto Market with Potential Ban on Using Bitcoin
Indian Government Continues to Subdue Cryptocurrency Market with Potential Ban on Using Crypto India has kept an aggressive stance against cryptocurrency for quite some time, but it seems that they are not coming up short on ways to restrict consumers from using it. дальше »
2018-11-1 00:42 | |
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Indian Officials Consider Ban on “Private Cryptocurrencies”
Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »
2018-11-1 22:37 | |
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Cryptocurrency Faces Blanket Ban in India
India appears set to completely ban cryptocurrency operations within its borders, judging from the latest reports issued by government officials. Cryptocurrency Ban is Imminent On Tuesday (October 30), during a meeting of the Financial Stability and Development Council (FSDC), one of the agendas included digital currency. дальше »
2018-11-1 22:05 | |
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Bloom Blockchain Banned From Posting Any Advertisements On Facebook, Suspicion Ensues
Facebook has been becoming more aggressive in restricting cryptocurrency products and platforms from advertising on their social media website, though the journey to do so has been varied. For 2017 and earlier, there did not seem to be any type of ban, which could have helped along the progress that the crypto market saw through […] дальше »
2018-10-31 21:30 | |
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India considers outlawing cryptocurrency use (but blockchain is still cool)
It seems India has no intention of slowing down its crusade against cryptocurrencies – but at least, it might be open to experimenting with distributed ledger tech. Following a meeting of the Financial Stability and Development Council (FSDC), the government is contemplating devising an appropriate legal framework to ban the use of cryptocurrency in India – and encourage experimenting with distributed ledgers instead. дальше »
2018-10-31 17:07 | |
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UK Government Moots Ban on Cryptocurrency Derivatives
The U. K. government is considering a ban on cryptocurrency-linked derivative products. The Financial Conduct Authority said in a report on Oct. 29 that it will begin consultations on whether to ban the sale of derivatives based on digital coins like BTC as well as to restrict crypto-based contracts of difference to the public. дальше »
2018-10-31 00:00 | |
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UK Financial Watchdog Mulls Ban on High Risk Crypto Derivatives
The Financial Conduct Authority (FCA) is eyeing a potential ban on the sale of cryptocurrency derivatives, the Financial Times reported. The UK financial watchdog said that it would begin discussions in the first quarter of the next year on whether it would go ahead with the proposed ban on crypto-based difference, futures, and options. дальше »
2018-10-30 14:00 | |
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Cryptocurrency is Illegal in India, Confirms NASSCOM President
The president of the National Association of Software and Services Companies (NASSCOM) Debjani Ghosh has publicly announced to Indian citizens that cryptocurrency is illegal, reports local news outlet The Hindu. дальше »
2018-10-29 02:21 | |
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Shenzhen Court Says Bitcoin Should Be Legally Protected as Property
An arbitration body in China has ruled that despite the country’s central bank’s ban on cryptocurrency trading, bitcoin should still be legally protected as a property with economic values, Shenzhen Court announced on their official WeChat account on October 25, 2018. дальше »
2018-10-28 06:00 | |
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Plattsburgh NY Officials Fed Up With Mining Noise Adopt Regulations
Leaders in the town of Plattsburgh, New York, have adopted a law requiring crypto mining operations to hold a special permit. In the meantime, a moratorium on new endeavors is still in effect. Debate over cryptocurrency mining operations and their impact has been a popular talking point among citizens in Plattsburgh New York. дальше »
2018-10-27 11:00 | |
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Reserve Bank of India’s (RBI) Cryptocurrency Ban to Get More Clarity in November
India Supreme Court Asks Government For Opinion on Cryptos Within 2 Weeks Recently, the Supreme Court of India has decided to ask the local government for an opinion on the cryptocurrencies and their market amid the fallout that was caused when banks were blocked from providing services to crypto exchanges. Yesterday, October 25, the Supreme […] дальше »
2018-10-27 21:45 | |
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Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report
India’s supreme court has brought up the case against the cryptocurrency banking ban by the Reserve Bank of India after one-and-a-half months of delay. The court has reportedly asked the government to submit a report of the findings from the committee it had set up to understand the crypto space and recommend regulatory measures. дальше »
2018-10-26 08:40 | |
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