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Koinex Exchange Shuts Down Ahead of Crypto Regulation
Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. дальше »
2019-6-28 09:27 | |
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Indian Exchange Koinex Shutdowns After Months Of Uncertainty from RBI Crypto Ban
Although India had always been a hotbed for the development of crypto infrastructure, the country’s draconian and immature crypto regulation has stifled the scope of innovation there. Most in the crypto ecosystem would be already familiar with the regulatory news coming out of the country with a draft of a bill going as far as […] дальше »
2019-6-27 09:02 | |
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India’s Anti-Crypto Stance is Boosting its Bitcoin Trading Value
India is continuing its battle against cryptocurrencies. Nevertheless, after a supposed draft bill to ban cryptocurrency in India and up to ten years in jail for mining, holding, or using crypto, the government is not seeing the expected results. дальше »
2019-6-24 01:00 | |
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Indian Legislators Divided Into Pro And Anti Cryptocurrency Camps
In April 2019, the draft of the ‘Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019’ sent shock waves in the entire crypto community of India. Media reports suggest that holding, selling or dealing in cryptocurrencies such as Bitcoin could entail 10 years in jail. An RTI query filed revealed that the Reserve […] дальше »
2019-6-22 19:39 | |
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FATF Meets To Finalize Common Cryptocurrency Guidelines For G-20 Nations
The FATF Meet To Finalize The Common Crypto Guidelines For G-20 Nations The Financial Action Task Force (FATF) has finally kicked off the meeting to finalize the final draft of the global crypto regulation guidebook, which the participating G-20 nations have assured to implement in their system. Some of the recommendations put forward by the […] дальше »
2019-6-19 19:30 | |
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Cryptocurrency regulation necessary for money laundering, not ban in India; tweets WazirX CEO
The ‘draft bill’ in India for banning digital assets that circulated through social media stunned the entire crypto community as the regulatory bodies are yet to clarify its stance on the matter. дальше »
2019-6-15 21:00 | |
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Fantom Gets Serious About Decentralized Governance
The scalable distributed ledger project Fantom (FTM) has released a rough draft of their proposed governance framework. With multiple voting mechanisms, the new system is designed to encourage greater participation and consensus among the community. дальше »
2019-6-11 22:06 | |
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Bitcoin Cash: Roger Ver’s tweet highlights governments’ double standards
India’s proposed “draft bill” that was released by Bloomberg Quint earlier this week had caused a massive uproar in the crypto community. The lack of clarity and ambiguous cryptocurrency climate drove Zebpay, an app-enabled crypto exchange, from the country to Malta. дальше »
2019-6-9 11:30 | |
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If Bitcoin Ban Bill in India Passes, Privacy Crypto Assets Could Boom: Binance CEO
Yesterday, the Bitcoin (BTC) and crypto asset community woke up to a harrowing tidbit of news from Bloomberg Quint. An article, which cited a “draft bill”, revealed that regulators in India, from multiple financial and judiciary agencies, revealed that those who involve themselves in the “sale, purchase and issuance of all types” of crypto assets,. дальше »
2019-6-9 00:00 | |
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Bitcoin and RBI: Is It A Case Of Murphy’s Law For BTC Supporters?
Bitcoin drop 7. 4 percent Reserve Bank of India could get a boost with the latest draft bill proposing more stringent measures against crypto investors and developers. Yesterday’s FUD that India’s legislators are proposing a ban of cryptocurrency mining, trading or holding did expose RBI’s underbelly. дальше »
2019-6-8 20:00 | |
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India’s cryptocurrency ban? Experts weigh in on ‘draft bill’ that proposes 10-yr prison term for dealing in crypto
The regulatory clarity surrounding Bitcoin and other cryptocurrencies has been lacking in many countries. China and India have always shunned away from cryptocurrencies while encouraging blockchain. дальше »
2019-6-8 17:00 | |
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India’s Crypto Ban: Breaking Down the FUD
A recent article by Bloomberg Quint reveals pictures of a supposed draft for a bill to ban cryptocurrency in India and offer a 1-10 year jail term for mining, holding, or using crypto. The India crypto community outraged at this speculation as it was published without citing a legitimate source, June 7, 2019. дальше »
2019-6-7 20:15 | |
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Egypt Lays Out Path for a Crypto Future With Draft Law
First crypto law in Egypt is anticipated this year, but what made the country call off the ban and welcome the new technology?
дальше »2019-6-7 20:10 | |
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New Central Bank Of Egypt (CBE) Law To License Crypto Trading And Issuing Business Activities
Egyptian Bill To License Crypto-Trading, Activities Through Central Bank underway The Central Bank of Egypt (CBE) is keen to start regulating the cryptocurrency sphere in the country. Local media reported that the draft of the bill proposes a license policy for all major cryptocurrency related activities within Egypt. The bill currently in the approval process […] дальше »
2019-5-28 21:07 | |
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Egypt: Central Bank’s Draft Law Requires Licenses for Crypto-Related Activities
A new banking law drafted for Egypt’s central bank will make it mandatory to obtain licenses in advance of creating, advertising or operating platforms for issuing or trading crypto
дальше »2019-5-28 16:04 | |
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Russia’s Central Bank Expects Crypto Draft Bill ‘On Digital Financial Assets’ to Be Adopted Soon
The Central Bank of Russia has recently emitted a report affirming that the draft bill on crypto regulation is currently being prepared and that it will be adopted until the Spring of this year. Russia is a major cryptocurrency market but it still struggles with the lack of proper regulation, so this is a major […] дальше »
2019-5-23 01:23 | |
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Central Bank of Russia Expects Crypto Draft Bill to Be Adopted in Spring 2019
Russia’s central bank believes that the draft bill on crypto regulation is prepared enough to be adopted in spring 2019, in accordance with the order of president Vladimir Putin
дальше »2019-5-22 17:05 | |
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The Bahamas SCB Files Draft for Regulating Crypto Industry
The Securities Commission of The Bahamas has escalated their proposal to create a new regulatory framework for the issuance and sale of digital tokens in order to attract more blockchain business to set up offices on the island. дальше »
2019-5-21 17:00 | |
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Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups
By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry. дальше »
2019-5-17 11:01 | |
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India: Nasscom pushes Reserve Bank of India to consider crypto, crypto-related assets in its regulatory sandbox framework
In April 2019, the Reserve Bank of India [RBI] had announced that it was working on ‘Draft Enabling Framework for Regulatory Sandbox’. This draft had excluded Cryptocurrency, Initial Coin Offering, credit registry, and other crypto-related assets and there had been rumors of the government of India banning crypto. дальше »
2019-5-17 20:30 | |
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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »
2019-5-13 21:33 | |
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India's Bitcoin love story to end in break-up?
The Indian government has begun inter-ministerial consultations on a draft bill to ban crypto assets. The news comes as a further blow to the large Indian bitcoin community after the Reserve Bank of India issued a bitcoin banking ban in 2018. дальше »
2019-5-4 16:00 | |
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11 Crypto Initiatives Indian Government Has Taken
The Indian government has engaged in numerous crypto-related initiatives and projects while actively drafting the regulatory framework for cryptocurrencies. Below are 11 crypto-specific initiatives that the government has been involved in. дальше »
2019-5-2 14:28 | |
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11 Cryptocurrency Initiatives Indian Government Has Taken
The Indian government has engaged in numerous crypto-related initiatives and projects while actively drafting the regulatory framework for cryptocurrencies. Below are 11 crypto-specific initiatives that the government has been involved in. дальше »
2019-5-1 14:28 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Bitcoin Ban Blues? India Reportedly Weighs Draconian Law to Ban Cryptocurrency
By CCN. com: The Indian government is working on a draft bill that would impose an outright ban on cryptocurrencies such as bitcoin, as reported by The Economic Times, in what would be the final blow to the future of crypto in the country. дальше »
2019-4-26 12:46 | |
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Indian Government Progressing on Crypto Regulation Amid Ban Rumor
The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments. дальше »
2019-4-26 11:30 | |
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India Progressing on Crypto Regulation Amid Ban Rumor
The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments. дальше »
2019-4-26 11:30 | |
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India: RBI Omits Cryptocurrency-Based Projects from Fintech Regulatory Sandbox
The Reserve Bank of India (RBI) on April 18, 2019, published the terms of its fintech-focused regulatory sandbox. While the report highlights the importance of blockchain technology for various applications, it explicitly rejects all sorts of cryptocurrency-based businesses from being included in the sandbox. дальше »
2019-4-20 21:00 | |
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India Shuns Bitcoin Legalization Again, Excludes Crypto Startups from Fintech Sandbox
By CCN. com: The Reserve Bank of India (RBI) has published its official document on a draft framework for fintech regulatory sandbox entitled “Draft Enabling Framework for Regulatory Sandbox. ” The document explicitly excluded crypto assets like bitcoin, demonstrating a lack of intent to regulate the local crypto market. дальше »
2019-4-19 14:13 | |
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‘Onerous’ FATF Recommendations Harmful for Crypto Transparency: Chainalysis
The international watchdog's draft recommendation for KYC compliance are unrealistic and may be harmful to the crypto industry, says Chainalysis. дальше »
2019-4-12 12:25 | |
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Pakistan Introduces Crypto Regulation
The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF). дальше »
2019-4-2 01:33 | |
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Iran, Central Bank and Crypto Regulations: Legal Challenges and Pending Sanctions Progress
The Central Bank of Iran recently released a draft on cryptocurrency regulations. The draft is available on the bank’s official website and is likely in Persian. However, according to various sources, the draft begins by first making it clear that cryptocurrency usage as a payment method is still prohibited. The draft also notes, however, the […] дальше »
2019-4-1 19:41 | |
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Ukranian Hacker Caught Infecting His Own Websites with Crypto Malware
According to the Ukranian cyber police, an unnamed man infected a bunch of his websites with Wannacry-like malware. Police Search Reveals Intentional Infection An unreliable Google translation makes it sound as if the man’s home had been invaded and police were investigating when they discovered his activities. дальше »
2019-3-28 22:14 | |
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Russia Postpones Parliamentary Reading of Crypto Regulation Bill
The Russian Duma has pushed back its planned consideration of a bill to recognize and regulate digital financial assets. Initially scheduled for March 22, the reading will now hold at an unspecified date in April, following the outcome of a vote on the agenda for a plenary session last week. дальше »
2019-3-25 23:32 | |
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Russia Parliament Approves Swift-Alternative but Moves Crypto Bill to April
Two very contrasting events took place in Russia lower house parliament last week. In the first, the State Duma approved the international use of a Swift-like financial network to eliminate the risks of western sanctions. дальше »
2019-3-24 11:50 | |
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Japan Introduces Stricter Regulation for Crypto Margin Trading
Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets. дальше »
2019-3-21 21:27 | |
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How Belarus Focused on Bitcoin and Crypto to Grow its Tech Industry
The Belarus government used the growing popularity of bitcoin as a tool to boost its technology sector, reported ZDNet. The media agency collected quotes from people who were working closely with Belarusian President Alexander Lukashenko in drafting tech-friendly laws. дальше »
2019-3-20 16:37 | |
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Russia Said it Will Regulate Crypto 3 Times in the Past 2 Years, Could it Work This Time?
Russian President Vladimir Putin has issued a fresh order to Russia’s government demanding that they draft and approve a regulatory framework for the crypto industry. Although this seems like a positive development for the industry, similar orders have been issued on multiple occasions over the past few years to no avail, which calls into question. дальше »
2019-3-1 01:00 | |
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Bahrain Becomes First Arab Nation to Comprehensively Regulate Bitcoin
A couple months ago, CCN reported that Bahrain had completed its draft regulations for cryptocurrencies. The Arab nation has now completed its finalized version of the same, and it hasn’t noted much change in its positive disposition. дальше »
2019-2-27 08:25 | |
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Can I Trust BitFury’s Peach Lightning With My Data? Maybe
Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation. дальше »
2019-2-9 23:59 | |
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Can I Trust Bitfury’s Peach Lightning With My Data? Maybe
Announced at the end of January, Bitfury’s production-ready suite of Lightning Network products and services, Peach, appears to offer everything a developer, user or merchant could want from a Lightning implementation. дальше »
2019-2-12 23:59 | |
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Top Russian Official Urges Parliament to Discuss Draft Crypto Bill Without Further Delays
The chairman of Russian parliament’s upper house says that a one-year delay is unacceptable for the legislation on the digital economy
дальше »2019-1-31 20:53 | |
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New Iranian Central Bank Draft Report Suggests Banning Some Crypto Assets from Payments, Bitcoin Included
A new draft report has come to light from the Central Bank of Iran. The report, titled, “Obligations and Rules Regarding Cryptocurrencies,” outlines new regulations for the use of cryptocurrency, which is surprisingly restrictive. дальше »
2019-1-29 17:37 | |
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The Daily: Iran Said to Announce Crypto-Rial This Week, Italy Closer to Crypto Regulation
In this edition of The Daily, Iran is reportedly preparing to announce its national cryptocurrency during a conference starting on Jan. 29. Also, a draft decree introducing legal definitions for terms related to cryptocurrencies has been introduced in the Italian Senate and the IMF has voiced concerns over Malta’s blockchain industry while recognizing the positive […] The post The Daily: Iran Said to Announce Crypto-Rial This Week, Italy Closer to Crypto Regulation appeared first on Bitcoin News. дальше »
2019-1-28 15:25 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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