Indian Government Considering Banning Cryptocurrencies, Again

2020-6-12 08:35

India continues to oscillate over its stance toward cryptocurrencies as according to a report by The Economic Times, the country is now considering introducing a federal law to put a lasting ban on digital currencies.

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Источник: btcmanager.com

cryptocurrencies considering → Результатов: 126

“Good time for Bitcoiners to stack sats,” Says Blockstream’s Adam Back On Goldman Sachs Crypto Rebuff

Following the public declaration by Goldman Sachs that it does not support its customers to buy Bitcoin, Blockstream CEO Adam Back says this is a “good time to stack sats.” Goldman Sachs had earlier today said during a client-facing call, that cryptocurrencies are not a viable investment option for its clients considering the current industrial […]

2020-5-28 22:59	goldman sachs
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Ukrainian Power Plants May Use Excess Electricity to Mine Cryptocurrencies

The Ministry of Energy in Ukraine thinks power plants could be used for crypto mining companies; considering the impact of the COVID-19 pandemic on energy. Crypto mining is one of the most efficient ways of using excess energy, argues the Ministry in a Facebook post from May 6th.

2020-5-7 20:19	Mining
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This Crisis Will Recognize Bitcoin as Simply a Better Way to Hold Value: Tim Draper

Venture capitalist Tim Draper, who criticized the Indian government for considering the ban on cryptocurrencies, has now become hopeful after the Supreme Court’s decision in crypto’s favor earlier this month.

2020-3-24 19:15	Bitcoin Innovation
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Why Stellar XLM’s 7% Bounce Might Not Be Enough to Change Momentum

XLM’s recent 7% bounce was significantly stronger than most cryptocurrencies like Bitcoin which only experienced a 4% bounce yesterday. Unfortunately, this doesn’t mean that XLM is safe as yesterday’s trading volume was quite low considering the magnitude of the bounce.

2020-3-4 12:54	xlmusd
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New Zealand Plans to Drop ‘Unfavorable’ Sales Tax Treatment of Cryptocurrencies

New Zealand's Inland Revenue Department is considering how best to change its tax regimen so cryptocurrencies aren't at a disadvantage.

2020-2-26 15:41	Cryptocurrency
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South Korea Considers Imposing a 20% Income Tax on Cryptocurrencies

South Korean regulators are reportedly considering a 20% income tax on income from crypto transactions

2020-1-20 11:30	altcoin
income tax south considering reportedly crypto transactions

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The Court of India is considering the lifting of the ban on the work of the Central Bank with cryptocurrencies.

The country’s Supreme Court has postponed the consideration of the appeal in the case of compliance with the country’s constitution of a law banning the cooperation of financial institutions with cryptocurrency companies.

2020-1-15 21:45	India
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eToro Cryptocurrency Debit Cards Coming in Q2 2020

UK-based social trading platform eToro is poised to launch cryptocurrency-enabled debit cards in Q2 2020, reports Business Insider, December 9, 2019. Bringing Crypto to the Masses In a bid to make the use of cryptocurrencies a mainstream phenomenon, UK-based cryptocurrency trading firm eToro is seriously considering launching digital currency-enabled debit cards in Q2 2020.

2019-12-10 13:51	United Kingdom
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A Few Benefits for Bitcoin Beginners to Appreciate

If you are considering entering the crypto universe or if you’ve only recently made your first investment, you might still be exploring the benefits of bitcoin as opposed to your credit card, online bank account or digital wallet you are used to.

2019-11-24 02:21	featured
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Binance-WazirX Acquisition a ‘Historic Day’ for Crypto in India

Binance announced Thursday that it is acquiring WazirX, an Indian cryptocurrency exchange with an estimated user-base of around 200,000. This qualifies as a landmark development for India’s still-nascent homegrown cryptocurrency market — especially considering that traders will now have the option to buy and sell cryptocurrencies using the Indian Rupee (INR) through the Binance Fiat […] The post Binance-WazirX Acquisition a ‘Historic Day’ for Crypto in India appeared first on BeInCrypto.

2019-11-21 11:57	India
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Major Business Council Led by Russia and China Considers Crypto-Based BRICS Payment System

Cryptocurrencies might be the avenue to eliminate the dollar’s popularity; BRICS member countries discussed designing a digital currency in their latest summit. According to RBC, a Russian news outlet, the BRICS member states are considering a common payment settlement system.

2019-11-15 16:35	Blockchain Technology
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Royal Bank of Canada Embraces Cryptocurrency with Potential Trading Platform

Canada’s largest bank, the Royal Bank of Canada (RBC), is considering deploying a cryptocurrency trading platform with several use-cases for its customers. RBC Accounts for Cryptocurrencies As a trading platform, users would be able to buy and sell digital assets, including cryptocurrencies like Bitcoin (BTC) and Ether (ETH).

2019-11-13 04:14	security
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Bitcoin and cryptocurrencies are guzzling Georgia's hydro power

According to BBC's Sounds podcast, Georgia is one of the top Bitcoin miners in the world considering its annual revenue of $0.5 billion. The electricity consumption of Bitfury for Bitcoin mining is inThe post Bitcoin and cryptocurrencies are guzzling Georgia's hydro power appeared first on AMBCrypto.

2019-11-9 18:30	Bitcoin
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Russia Outlines Plan to Allow for Confiscation of Cryptocurrencies by the End of 2021

The Russian government is considering enforcing a law to curtail the use of digital assets for criminal activities, local financial news outlet RBC reported on November 7. The Ministry of Internal Affairs of Russia, along with other relevant authorities, plan to roll out a legal mechanism that would allow seizure of virtual assets for confiscation […]

2019-11-8 00:46	Legal & Regulation
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XRP Army Fired Up About Ripple’s Possible Involvement with SWIFT Alternative for Russia, China and India

XRP, the native token of Ripple, has found itself in many places, considering the widespread network of its creator. With low fees and fast transaction times, it manages to remain in the top cryptocurrencies in the world, and that’s just the kind of flexibility that consumers enjoy.

2019-10-29 23:23	Ripple (XRP)
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XRP stays on track for massive gains in the imminent future

Ripple announced yesterday that it had set up a global regulatory office in Washington D. C. As a payments company working with blockchain, this is a big move for Ripple, especially considering the current regulatory scenario surrounding cryptocurrencies and blockchain.

2019-10-23 17:30	price prediction
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Libra Head Now Considering A ‘Series Of Fiat-Backed’ Stablecoins; Binance CEO Says, It “Won’t Work”

Despite the regulatory pressure and seven of the Libra Association members leaving Facebook’s cryptocurrency project, the social media giant is undeterred and could work on cryptocurrencies based on national currencies like the dollar instead of just the synthetic one, initially proposed.

2019-10-21 15:37	Bitcoin Information
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Central bank of Canada considering launch of its own digital currency to enforce KYC and monetary controls

The central bank of Canada is considering launching a sovereign digital currency that would eventually replace cash and combat the “direct threat” cryptocurrencies pose to monetary controls, The Logic reported.

2019-10-17 10:00	Adoption
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2019 May Be the Year of Regulatory Response to Crypto: Ex-CFTC Chairman

2019 will be the year when regulators may start considering some response to cryptocurrencies, says former CFTC chairman

2019-10-14 16:55	Cryptocurrencies
2019 chairman year response may cryptocurrencies considering

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Russian Ministry of Finance Proposes 3 Legal Categories for Cryptocurrencies

Russia’s Ministry of Finance is considering the possibility of regulating cryptocurrencies into three distinct legal categories. The move would allow the country to regulate the industry much easier.

2019-10-2 14:27	Russia
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Venezuelan Central Bank Considers Adding Bitcoin to Balance Sheets

Venezuela’s Central Bank is considering adding bitcoin to its balance sheets, giving state institutions the ability to settle payments in cryptocurrencies. The post Venezuelan Central Bank Considers Adding Bitcoin to Balance Sheets appeared first on Bitcoin Magazine.

2019-9-27 00:42	Venezuela
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These are the 17 Crypto Assets, Telegram Included, Coinbase Wants to List

About 17 new crypto assets could soon be listed on Coinbase depending on how the technical and compliance review goes. Among the cryptocurrencies that Coinbase is considering for listing include coins that are yet to launch such as Gram that is fronted by messaging platform Telegram and Chia which was founded by the creator of […] The post These are the 17 Crypto Assets, Telegram Included, Coinbase Wants to List appeared first on CCN.com

2019-9-22 01:01	Telegram
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Coinbase Considering Listing Telegram and Polkadot Cryptocurrencies Among Others

Some of the coins under consideration, such as Telegram, are not yet live.

2019-9-20 00:23	Coinbase
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Crypto Can Boost Indian Economy – How Banning Will Hurt it

The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy.

2019-8-29 09:03	Wazirx
economy indian crypto ban hurt boost banning

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Ethereum (ETH) and Ripple (XRP) Gather Momentum, Spikes Over 7% in 24 Hours

Things seem to be looking up in the crypto space today, especially in Ripple’s (XRP) and Ethereum’s (ETH) market. As top cryptocurrencies by market cap, ETH and XRP have surged significantly in price, which is quite impressive considering their downtrend some days ago.

2019-8-19 00:16	xrp news
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This Crypto Enthusiast Thinks No Major Recovery Is To Be Expected For Bitcoin

The year 2019 has long been expected to be a great year for cryptocurrencies, especially considering that 2018 was almost a total disaster for the industry. Bitcoin, being the top coin, has enjoyed lots of attention of late, with numerous people estimating it to reach a new ATH this year.

2019-8-17 22:47	Cryptocurrency News
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10 Global Enterprises Looking to Issue Their Own Cryptos

Ten global enterprizes considering or already using the cryptocurrencies in their businesses - Tencent, JPM, Walmart are just several firms form the list

2019-8-13 15:22	Cryptocurrencies
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Binance US Eyes 30 Potential Cryptocurrencies

With the forthcoming launch of the US-based Binance subsidiary Binance US, the crypto exchange has announced it is considering up to 30 cryptocurrencies that will be supported when the platform opens.

2019-8-10 23:04	wallets and exchanges
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Coinbase Considering to Support a Broad Range of Fresh Cryptocurrencies

As per an announcement on their blog, Coinbase is exploring the possibility of listing new digital assets on its exchange. The assets include successful Binance Initial Exchange Offerings (IEOs), namely Harmony (ONE), Matic Network, and Algorand amongst others.

2019-8-6 11:12
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Coinbase considers listing eight new coins including Dash, Decred, Ontology, and Algorand

Coinbase is considering the addition of eight new cryptocurrencies to the platform, including Algorand, Cosmos, Dash, Decred, Matic, Harmony, Ontology, and Waves. Although the firm specified that these digital assets will be added on a jurisdiction-by-jurisdiction basis depending on the regulatory framework where they operate.

2019-8-6 01:32	Coinbase
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UK’s FCA Proposes Total Ban On Retail Crypto Derivatives

The Financial Conduct Authority (FCA) has today released further guidance on its position on cryptocurrencies. The UK’s chief financial regulator says it is seriously considering a complete ban on access to all crypto-linked derivatives for retail investors.

2019-7-3 14:34	World Regulation
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Amid the crypto-price rally, do Bitcoin Bulls put their money where their mouth is?

The world of cryptocurrencies is ‘reptilian,’ cold-blooded, color-changing and highly-scaled. With price charts often switching between red and green, several mainstays within the digital assets realm have often flip-flopped between considering Bitcoin as the tool of financial freedom, relinquished from the shackles of authoritarian governments, and instead view it through the myopic lens of a […] The post Amid the crypto-price rally, do Bitcoin Bulls put their money where their mouth is? appeared first on AMBCrypto.

2019-6-29 11:30	News
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Reserve Bank Of India Works To Create New Blockchain Banking Platform For Government

The Reserve Bank of India (RBI), the central bank of the country, is currently working on a blockchain platform for banking in its R&D branch. The information was released in a report by BusinessLine on June 28.

2019-6-29 01:44	Announcements
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Bitcoin [BTC] set to fail in its fundamental quest for financial equality?

As crypto makes its glamorous entry into the mainstream, the traditional market is forced to compare each aspect of cryptocurrencies to its fiat counterpart. Interestingly enough, Tamas Blummer, a prominent technologist and Bitcoin software developer in the space, uncovered information that questions crypto’s ultimate goal to provide an equal market for its users.

2019-6-7 00:30	Technical Analysis
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Congressional Report Gives A Peek At Bitcoin Adoption And Transaction Numbers

While transaction numbers for traditional cash options still tower over bitcoin usage, the report acknowledges that regulators will have to start considering the market for cryptocurrencies when working on new policies.

2019-5-30 19:51	law and legislation
transaction bitcoin numbers report start regulators considering

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Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments

By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions.

2019-5-24 22:55	Russia
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tap Is About To Transform International Payments As We Know It

Cryptocurrencies are not localized and are also not controlled by any particular bank or financial institution. For travelers who happen to change locations, possibly moving to regions with varying currencies, spending cryptocurrency could become a very convenient transaction model once the proper mechanisms are put in place.

2019-5-16 10:18
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Bitcoin is Dominating Crypto Taking Over 90% of All Mining Fees

When considering Bitcoin dominance in terms of market cap and trading volume, spare a thought for the poor miners. The miners of other altcoins, that is, as they share under 10% of the total fees value between them.

2019-5-14 22:00
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eBay Teases Crypto Expansion

Popular e-commerce provider eBay has released promotional materials suggesting that its is ready to accept “virtual currencies” and offer “digital collectibles. ”The ads have appeared at Consensus 2019, a cryptocurrency and blockchain summit taking place this week in New York.

2019-5-13 21:02	Adoption
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Huge! Amazon-Owned Whole Foods Buoys Crypto by Accepting Bitcoin

By CCN: There’s no shortage of possible catalysts behind the spike in the bitcoin price is. You can now add Jeff Bezos’ Amazon to the list. Whole Foods, which is owned by the e-commerce behemoth, is now accepting bitcoin as a payment method.

2019-5-13 19:35
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“Bye Gold, Buy Bitcoin”: Grayscale Urges Investors to Drop Gold for BTC

Grayscale Investments is weighing in on the gold versus bitcoin debate. Its two sats? Drop the bars, buy the bits (and the dip). The Digital Currency Group off-shoot has launched a “Drop Gold” campaign that encourages investors to ditch the old asset for its digital counterpart, bitcoin.

2019-5-2 23:21	Investing
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Despite US Sanctions, Switzerland And Iran Continue Trading Thanks To Cryptocurrencies

It appears that Iran has been considering cryptocurrencies as a means of bypassing US sanctions. With digital assets becoming… The post Despite US Sanctions, Switzerland And Iran Continue Trading Thanks To Cryptocurrencies appeared first on Invest In Blockchain.

2019-4-29 11:06
iran sanctions cryptocurrencies despite switzerland thanks continue

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What is Alagoria?

Making cryptocurrencies more useful in everyday life remains one of the major hurdles for this industry. Considering how Bitcoin is not accepted as an official payment method for most products and services, it is only normal alternative solutions need to be explored.

2019-4-28 18:00	Walmart
alagoria remains explored alternative only services aims

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“Crypto Assets” Should Be Used, Rather Than “Virtual Currencies,” Says Japan’s Minister of Finance

The terminology used in the cryptocurrency space has been a subject of debate for many jurisdictions, considering that the phrasing used can impact the way that the laws govern cryptocurrencies locally.

2019-4-26 03:10	Legal & Regulation
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India’s Best-Funded Bitcoin Exchange is Running Low on Cash and Employees

By CCN. com: India’s regulatory uncertainty on cryptocurrencies has taken a toll on Bengaluru-based exchange Unocoin forcing it to lay off employees. According to The Economic Times, the bitcoin exchange has laid off over a dozen employees and now only has 14 employees remaining.

2019-4-16 14:39
employees exchange unocoin bitcoin india best-funded cash

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Electroneum Price Continues Bearish Trend as 110 Satoshi Level may Fall

Even though the week had seemingly started off with some positive market momentum, most cryptocurrencies are going through a somewhat violent retrace. Not entirely surprising when considering how weak Bitcoin has looked since Sunday afternoon.

2019-4-16 14:55
electroneum continues price fall market may trend

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Bitcoin Exchange Bithumb’s Problems Pile Up with $180 Million Loss in 2018

Bithumb, which was hacked last month and later asked users to be careful about deposits, has reported a $180 million (205 billion Korean won) loss. The exchange suffers from reduced actual volume and a bear market in cryptocurrencies, according to the Korea Times.

2019-4-11 14:07	bithumb
bithumb loss 180 million problems exchange users

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WEF: More Than 40 Central Banks Experimenting With Cryptocurrency

Coinspeaker WEF: More Than 40 Central Banks Experimenting With CryptocurrencyA new report from the World Economic Forum indicates that over 40 banks are considering offering their own blockchain cryptocurrencies.

2019-4-4 12:02	World Economic Forum
banks experimenting central wef cryptocurrency considering offering

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Breaking: Japan’s Biggest Railway Plans to Accept Cryptocurrency Payments

Japan Railways Group, the biggest railway and subway operator in Japan that is used by millions of Japanese individuals on a daily basis, is considering the integration of crypto assets like bitcoin as a payment option.

2019-3-30 15:55	Japan
japan group cryptocurrency crypto plans biggest railway

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SEC Distributes $4.6 Million to BitClave ICO Investors After Lawsuit

The SEC has disbursed $4.6M to investors in BitClave’s failed 2017 ICO, addressing securities violations and ongoing restitution for claimants. The post SEC Distributes $4.6 Million to BitClave ICO Investors After Lawsuit appeared first on BeInCrypto.

Trump’s team vets for first White House crypto role

President Donald Trump and his team inched closer to assembling a crypto council as promised to the digital industry and a new office at the White House. Trump’s transition team is evaluating candidates to lead a first-of-its-kind crypto office in…

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Former FTX CTO Gary Wang avoids prison time for role in crypto fraud

Gary Wang avoids prison after pleading guilty in FTX fraud case. His testimony aided the conviction of Sam Bankman-Fried. The post Former FTX CTO Gary Wang avoids prison time for role in crypto fraud appeared first on Crypto Briefing.

Japan PM vows to include tax cuts for crypto in stimulus package

Japan Prime Minister Shigeru Ishiba promises to include discussions of tax cut proposals from the opposition party in his economic stimulus package, involving tax cuts for gasoline and crypto assets.

India’s central bank signals no rush for digital currency implementation

The Reserve Bank of India prioritizes the long-term potential of central bank digital currencies but is holding off on a full rollout until its effects are better understood. India‘s central bank is taking a measured approach to launching a central…

2020-6-12 08:35

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