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India set to lose $12.9 billion worth of market if they proceed to ban crypto
The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear […] The post India set to lose $12. дальше »
2019-8-8 20:00 | |
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Crypto Tax Bill, Virtual Value Tax Fix Act, Is Reintroduced By North Carolina Congressman
Ted Budd, a Republican Congressman from North Carolina, has recently decided to reintroduce a crypto tax bill this week. The law will be a move to the Ways & Means Committee of the House of Representatives soon. дальше »
2019-8-8 23:55 | |
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North Korea's $2 Billion Crypto Exchange Thefts Funds Kim's Nukes: UN Report
A confidential United Nations report has revealed that North Korea raked in approximately $2 billion by hacking cryptocurrency exchanges as well as mainstream financial institutions, according to Reuters. дальше »
2019-8-7 14:24 | |
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Facebook Hires Political Influencer to Lobby for Its Libra Cryptocurrency
Coinspeaker Facebook Hires Political Influencer to Lobby for Its Libra CryptocurrencyFacebook has recently hired Susan Zook, a former aid to the chairman US Senate Banking Committee to work on lobbying Facebook's Libra cryptocurrency project. дальше »
2019-8-6 13:49 | |
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Protests in Moscow and flipping out on Navalny and on bitcoin (BTC)
In connection with the mass protests in Moscow due to the opposition not allowed to take part in municipal parliament of Moscow election (Moscow City Duma), the Investigative Committee of Russia opened a criminal case on money laundering by the Anti-Corruption Fund (FBK) of Alexei Navalny, the most famous of opposition politicians. According to the […] дальше »
2019-8-5 14:52 | |
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US Senator Says Libra is Just Like a Subprime Mortgage
Facebook’s foray into crypto has made the firm few friends in political circles. The Libra backlash has been so bad that it has painted bitcoin and the rest of the crypto industry in a bad light. дальше »
2019-8-3 13:30 | |
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Europe’s EESC Concerned Of Blockchain Being Monopolized, Doesn’t Want To See A Digital Divide
The European Economic and Social Committee (EESC) recently expressed disturbing concerns regarding the future of blockchain technology. In their new report, the EESC advised that public measures should be taken in order to ensure that blockchain's potential as a groundbreaking infrastructure for the social economy remains available and accessible to everyone. EESC: Blockchain Technology Must […] дальше »
2019-8-2 17:12 | |
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Global Block Chain Investment Summit (GBIS) Successfully Completed in Indonesia Comprehensive layout of blockchain ecology helps Indonesia’s economic transformation
From 29 to 30 July, the Global Blockchain Investment Summit (GBIS) hosted by Indonesian Chamber of Commerce and Industry, Global Blockchain Investment Alliance, Hong Kong Blockchain Association and Block Chain Center of Excellence and Education (BCEE), was held in Jakarta, Indonesia. дальше »
2019-8-2 11:35 | |
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US Senator: Even If We Wanted To, We Couldn’t Ban Bitcoin
U. S. Senator Mike Crapo (R-Idaho) admitted that it would be difficult or impossible to ban bitcoin in the United States. The Senator offered a number of positive comments on bitcoin as he chaired the Senate Committee on Banking, Housing and Urban Affairs cryptocurrency hearing yesterday. дальше »
2019-7-31 15:04 | |
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XRP hangs on to Bitcoin bulls’ coat-tails, despite divisive letter to U.S Congress
As all eyes descended on Capitol Hill for the Senate Banking Committee hearing on the regulatory framework for digital currencies, the price charts may have been neglected. Despite Bitcoin holding above the $9,500 mark however, it was XRP that stole the limelight. дальше »
2019-7-31 10:27 | |
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Senate Committee Hearing Takes On Blockchain Tech
During today's congressional hearing with the Senate Committee on Banking, Housing, and Urban Affairs, committee members met with a panel of experts, including Circle CEO Jeremy Allaire, and expressed some doubts about blockchain and cryptocurrency. дальше »
2019-7-31 23:39 | |
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Key Takeaways from U.S. Senate’s Latest Crypto Inquisition
Earlier today, the United States Senate Committee on Banking, Housing, and Urban Affairs held a full committee hearing entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” to discuss the viability of existing policies and regulations governing the U. дальше »
2019-7-30 22:27 | |
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Crypto Doesn’t Better the Lack of Financial Inclusivity in the U.S. Reports Lawyer
University of California Irvine School of Law’s law professor and practicing lawyer, Mehrsa Baradaran supposedly presented her arguments as to why cryptocurrencies aren’t the solution to the flaws associated with the financial system to the United States Senate Committee on Banking, Housing and Community Affairs. дальше »
2019-7-30 21:47 | |
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ICYMI: Circle CEO Urges Senators to Create a National Framework for Digital Assets
Coming a few weeks after the Senate grilled Facebook about their crypto project, Libra, Circle CEO Jeremy Allaire was the lone crypto-industry representative on Tuesday to testify before the Senate Committee on Banking, Housing, and Urban Affairs about the industry's need for regulatory clarity. Mr. Allaire urged Congress to adopt дальше »
2019-7-30 20:57 | |
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Banking Expert Tells Congress: Government Reform Can Kill Bitcoin
Cryptocurrencies only exist because of failures in the traditional financial system, according to a leading banking scholar. In a hearing before the Senate Banking Committee, Mehrsa Baradaran said that financial reforms could cause cryptocurrencies to fade into obscurity, effectively killing Bitcoin (BTC). дальше »
2019-7-30 17:47 | |
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Powerful Indian Tech Lobby Blasts Government’s Proposed Cryptocurrency Ban
India’s trade association for the information technology sector has criticized a proposal by a government committee to ban cryptocurrencies, Business Standard reports. According to the National Association of Software and Services Companies (Nasscom), regulations for the cryptocurrency sector are preferable to a ban. дальше »
2019-7-30 16:07 | |
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Circle CEO to Testify in Senate Hearing on Digital Currencies and Blockchain
Coinspeaker Circle CEO to Testify in Senate Hearing on Digital Currencies and BlockchainThe Senate Banking Committee will hear arguments from Circle CEO and Co-founder, Jeremy Allaire on the digital currencies and the blockchain industry. дальше »
2019-7-30 14:17 | |
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Circle CEO Suggests Congress Should Look at Cryptocurrencies As A New Asset Class
The U. S. Senate Banking Committee is preparing to discuss the crypto industry once more and potentially create some regulation that will shape the course of the industry in the country. The CEO of Circle, Jeremy Allaire, is one of the people who will be consulted by the Senate. He is a representative from the […] дальше »
2019-7-30 06:09 | |
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Circle CEO To Testify During Senate Hearing On Crypto Regulation
This Tuesday, the Senate Banking Committee will convene to discuss current and potential crypto regulation plans. During the hearing, Circle CEO Jeremy Allaire will testify on behalf of the Blockchain Association and ask that Congress treat digital assets as their own asset class. дальше »
2019-7-30 23:53 | |
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Top expert: Those who ban crypto, send country 40 years in the past!
For several months now, India’s crypto market has been experiencing great difficulties with regulation. Obviously, in support of its centralized instant payment system (Unified Payments Interface, UPI), developed by the National Payment Corporation of India (NPCI), the authorities are preparing a bill to completely prohibit cryptocurrency. дальше »
2019-7-29 20:01 | |
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Why Banning Cryptocurrency Means Nothing for Crypto, but Everything for India
Recently, a committee studying the effects of cryptocurrency and distributed ledgers in India recommended an outright ban on all cryptocurrencies. The committee was headed by the Secretary of Economic Affairs, Subhash Chandra Garg. дальше »
2019-7-27 11:00 | |
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Fed Will Take Interest Rates to Zero, Says Billionaire Investor Kyle Bass
The Federal Open Market Committee (FOMC) could take a final call on lowering interest rates by a quarter percentage point in its meeting next week. But according to billionaire investor Kyle Bass, the bells of a recession could force the committee to consider even zero rates. дальше »
2019-7-26 17:26 | |
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India’s Crypto Dial Leaned Regulation Before Central Bank’s ‘Ban’ Shove
India – that has proposed a total ban on crypto yesterday – had planned to regulate digital currencies at first but the Reserve Bank of India (RBI) has forced the inter-ministerial cryptocurrency committee to prohibit the digital assets. дальше »
2019-7-27 13:13 | |
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Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has applied for voluntary retirement after releasing the report and draft bill which the crypto community calls “flawed. дальше »
2019-7-26 13:05 | |
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Senate Intelligence Committee: Russia targeted all 50 US states ahead of 2016 elections
In a heavily redacted report released by the Senate Intelligence Committee today says Russians targeted election systems in all 50 US states ahead of the 2016 elections. This shows a much larger impact than previous reports (which separately noted that 21 states, and then 39 states were affected) as targets of the Russian interference. дальше »
2019-7-26 09:50 | |
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Special Committee Calls For Complete Crypto Ban In India As Supreme Court Continues To Delay Crypto Hearing
The tussle between the Indian crypto community and the government is still ongoing as the government aims to completely ban cryptocurrencies from the country. The government also seeks to establish its own cryptocurrency. дальше »
2019-7-25 20:39 | |
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Andrew Yang Political Action Committee To Accept BTC Donations Through the Lightning Network
For the first time in history, a U. S. presidential candidate is going to be accepting Bitcoin (BTC) through the Lightning Network (LN). The information was released by the Political Action Committee (PAC) called Humanity Forward Fund (Humanity FWD) on its website on July 25. дальше »
2019-7-25 20:32 | |
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U.S. Regulators Set to Examine Regulatory Frameworks for Cryptos and Blockchain
According to the United States Senate Committee on Banking, Housing, and Urban Affairs, July 24, 2019, the Senate will conduct a full committee hearing which will solely focus on “Examining Regulatory Frameworks for Digital Currencies and Blockchain. дальше »
2019-7-25 13:00 | |
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Facebook gets away with $5B FTC fine for leaking your data
The US Federal Trade Commission (FTC) has slapped a $5 billion fine on Facebook in wake of the Cambridge Analytica scandal and its other data leaks. In an agreement filed today, the FTC has also ordered the social network to make privacy-related changes to avoid such mishaps in the future. дальше »
2019-7-24 17:08 | |
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India Bitcoin Ban Recommendation Based on Flawed Arguments
WazirX founder Nischal Shetty believes that the recent IMC (Inter-Ministerial Committee) report put forward by the Indian government calling for a complete bitcoin and crypto ban in India drew its conclusion from inaccurate assumptions. дальше »
2019-7-24 17:00 | |
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Senate Committee schedules another hearing; has Libra woken up a regulatory sleeping giant?
All eyes will be on Washington D. C. once again. The cryptocurrency industry, from a regulatory standpoint, will be divided into two phases of history; one before Libra and the other after. Since Libra was unveiled in mid-June, regulators the world over have not let up. дальше »
2019-7-24 14:00 | |
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Senate Banking Committee to Indulge in a Crypto Regulation Hearing Next Week
Coinspeaker Senate Banking Committee to Indulge in a Crypto Regulation Hearing Next WeekThe crypto community is on a wait-and-see mode awaiting regulation hearings by the Senate Banking Committee expected to shape the future of the nascent crypto industry with more regulations introduced. дальше »
2019-7-24 13:22 | |
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Facebook’s Crypto Libra a Ploy to Become ‘Its Own Country’, Blasts UK MP
The spotlight turned on Facebook over the past week by the U.S. Congress over its plans for the Libra cryptocurrency has only whetted the appetite for other countries to do the same. According to the Financial News, a British parliamentary committee has indicated that it will grill Facebook regarding its crypto project as worries grow […] The post Facebook’s Crypto Libra a Ploy to Become ‘Its Own Country’, Blasts UK MP appeared first on CCN Markets дальше »
2019-7-24 13:22 | |
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Facebook Accused of Moving Fast to “Break Things” During Senate Hearing
Libra project head, David Marcus, has had the uphill task of mollifying skeptical lawmakers. Appearing before the Senate Banking Committee hearing earlier this week, the former PayPal executive was in… The post Facebook Accused of Moving Fast to “Break Things” During Senate Hearing appeared first on CoinCentral. дальше »
2019-7-24 22:06 | |
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India: IMC’s recommendation to ban private cryptos does injustice to the country’s unbanked, crypto-community
While India took a giant leap forward with the launch of its second moon mission, Chandrayaan-2, it also took a step back after an Inter-Ministerial Committee recommended a ban on “private cryptocurrencies. дальше »
2019-7-23 17:30 | |
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Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. дальше »
2019-7-23 16:05 | |
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Indian Government Unveils Draft Crypto Bill
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. дальше »
2019-7-24 16:05 | |
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