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India: Government Committee Recommends Cryptocurrency Ban

Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country. дальше »

2019-7-23 20:33


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India May Ban Bitcoin And Cryptocurrencies Except ‘Digital Rupee’

India is preparing to do the impossible by banning cryptocurrencies such as Bitcoin in any form, a newly leaked document revealed this week. Alleged Draft Law ‘Prohibits’ Bitcoin & Crypto Uploaded to sharing site Scribd by local blockchain and tech lawyer, Varun Sethi, the document allegedly shows the preliminary text of a new law designed to “prohibit the use of cryptocurrency. дальше »

2019-7-16 19:00


Leaked: India’s Bitcoin Ban Bill Aims to Outlaw All Cryptocurrencies

Rumours of a proposed bill in India that bans cryptocurrency may have been confirmed after Indian blockchain lawyer Varun Sethi posted an alleged first draft of the proposed bill. The “Banning of Cryptocurrency and Regulation of Official Digital Currencies” bill, which proposes to ban or heavily restrict all cryptocurrency-related activity in India, was leaked this […] The post Leaked: India’s Bitcoin Ban Bill Aims to Outlaw All Cryptocurrencies appeared first on CCN Markets дальше »

2019-7-16 10:53


В сеть слили законопроект о запрете криптовалют в Индии. Он действительно предполагает до 10 лет тюрьмы за нарушения

В сети появился текст законопроекта о запрете криптовалют в Индии, о разработке которого стало известно в начале лета. Однако пока неизвестно, является ли документ подлинным. Alleged Draft of _ Banning … by on Scribd Согласно документу, криптовалюты это «любая информация, код, токен, которые не относятся к официальным цифровым валютам, полученные посредством криптографии или другими методами […] дальше »

2019-7-15 14:42


India’s Crypto Ban Predictably Triggers Massive Bitcoin Price Premiums

By CCN Markets: The bitcoin price has reached $11,200 at its peak earlier this month on major exchanges including Bitstamp and Coinbase following a large spike in volume and overall interest. According to reports, bitcoin is trading higher in India and Iran with premiums ranging from 5 to 30 percent, two regions that have practically restricted bitcoin trading. дальше »

2019-6-24 13:05


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


Cryptocurrency Regulation Petition Started in India by Bitcoin Community to Accelerate Changes

It is fairly well known that the crypto community in India has suffered a number of setbacks due to various government regulations that have stalled the industry and forced several companies to leave the country or wind-up operations due to the harshness of the regulatory climate. Some details of a new bill called the “Banning […] дальше »

2019-6-17 16:53


India Looks to Impose Harsh Crypto Legislation, Market Shift Expected

India’s anti-bitcoin lawmakers have proposed a law that prohibits citizens from possessing, trading or profiting from bitcoin-related ventures which include mining. The “Banning Cryptocurrencies and Regulation of Official Digital Currency… The post India Looks to Impose Harsh Crypto Legislation, Market Shift Expected appeared first on CoinCentral. дальше »

2019-6-11 17:46


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Vancouver: City Mayor Suggests Banning Bitcoin ATMs

According to a report by The Next Web, published on June 5, 2019, the mayor of Vancouver, Canada, has suggested putting a complete ban on bitcoin (BTC) ATMs in the city. Bitcoin ATMs Serve as Money Laundering Vehicles Although an increasing number of countries around the world are steadily warming up to cryptocurrencies, its criticsRead MoreRead More. дальше »

2019-6-6 21:00


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


Bitcoin [BTC] being banned will actually lead to more adoption, says Morgan Creek Digital’s Anthony Pompliano

Bitcoin [BTC]’s increase in popularity has been quite evident with prominent personalities in government as well mainstream institutions taking a keen interest in its use cases and downsides. In his latest blog post, Anthony Pompliano, the founder and CEO of Morgan Creek Digital Capital, stated that ‘banning bitcoin will drive more adoption’. дальше »

2019-5-12 20:30