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Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry. дальше »
2020-1-22 16:05
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Crypto vs RBI Case Heats Up at Indian Supreme Court as RBI Begins Arguments
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry. дальше »
2020-1-23 16:05
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RBI Confirms Crypto Not Banned in India
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. дальше »
2020-1-21 19:00
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Indian Minister Inaugurates Blockchain Center of Excellence in Bengaluru
A Centre of Excellence in Blockchain Technology has been inaugurated by Indian Union Minister Ravi Shankar Prasad in Bengaluru. It will facilitate various government departments in their blockchain work, leading to large scale deployment of blockchain applications. дальше »
2020-1-21 13:20
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Malaysia Announces Digital Asset Guidelines
The Securities Commission Malaysia has published the country’s guidelines on digital assets which set out the regulatory framework for token sales. All token offerings must now be carried out only through platforms approved by the commission. дальше »
2020-1-20 17:35
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‘High Level’ Crypto Experts to Advise OECD
The Organisation for Economic Cooperation and Development, an intergovernmental body with 36 member countries, has formed “a high-level expert group” which includes executives from the crypto industry. дальше »
2020-1-20 13:10
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Crypto Experts Join OECD ‘High Level’ Advisory Board
The Organisation for Economic Cooperation and Development, an intergovernmental body with 36 member countries, has formed “a high-level expert group” which includes executives from the crypto industry. дальше »
2020-1-20 13:10
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FATF Holds Global Forum to Discuss Crypto Supervision
The Financial Action Task Force (FATF) and over 50 delegations involved in crypto supervision recently gathered to discuss how to regulate crypto assets and related service providers. While examining three key areas, they stressed the importance of international cooperation, citing that cryptocurrencies are global products. дальше »
2020-1-18 16:10
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Crypto vs RBI: 3 Days of Intense Supreme Court Hearings
India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance, and less invasive crypto measures. дальше »
2020-1-18 10:35
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Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. дальше »
2020-1-17 13:58
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Bithumb Takes Korean Tax Authority to Court Over ‘Groundless’ Crypto Tax
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. дальше »
2020-1-18 13:58
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Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
U. S. -based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. дальше »
2020-1-16 14:20
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Indian Supreme Court Resumes Hearing Crypto Case in Detail
India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside its jurisdiction and power in placing a banking restriction on […] The post Indian Supreme Court Resumes Hearing Crypto Case in Detail appeared first on Bitcoin News. дальше »
2020-1-16 18:05
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Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia
In this roundup, we cover EU-wide crypto regulations and individual countries’ new digital asset rules including Austria and the U. K. We also cover numerous crypto regulatory developments in the U. дальше »
2020-1-14 13:25
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Fetch.ai to Launch Blockchain for Complex Machine Learning after Securing $6 Million in Funds
Bitcoin Press Release: Following it’s successful mainnet launch last month, Fetch. AI boasts an AI-powered blockchain for complex machine learning, opening new possibilities for multiple markets. 13 January 2020, Cambridge – Time is often labeled as our most valuable resource and savings help us to become time rich. дальше »
2020-1-14 21:44
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Japan and Philippines Discuss Pro-Crypto Laws, Cooperation Among Asian Countries
Japanese Minister Naokazu Takemoto and Philippine Cabinet member Raul Lambino of Crypto Valley of Asia recently met to discuss Asian countries’ crypto regulations. They urge the Philippine Congress to introduce legislation on cryptocurrencies and security tokens, calling for cooperation among Asian countries. дальше »
2020-1-13 17:20
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US and European Regulators Say Crypto a Priority This Year
Several regulators in the U. S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined their plans to focus on crypto oversight. дальше »
2020-1-12 18:05
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Philippine ‘Crypto Valley of Asia’ to Get Own Airport
The Philippines has a “Crypto Valley of Asia,” an initiative of the Cagayan Economic Zone Authority, the government agency responsible for managing the Cagayan Special Economic Zone and Freeport. дальше »
2020-1-10 06:40
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ECB Wants Active Role in Crypto, Will Not Deter Private Solutions
The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd out private market-led solutions for fast and efficient retail […] The post ECB Wants Active Role in Crypto, Will Not Deter Private Solutions appeared first on Bitcoin News. дальше »
2020-1-9 16:02
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Kerala Outlines Plans to Become India’s Blockchain Hub
The Indian state of Kerala is actively exploring using blockchain technology to improve a wide range of existing systems, including financial. Thousands of people are already being trained in the state to become blockchain experts, some of whom have already graduated, according to the state’s electronics and information technology secretary. дальше »
2020-1-9 13:02
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Over 10,000 Participants Expected to Attend Chain2020 Blockchain Initiatives Event in Hong Kong
8th January 2020, Montenegro – Over 10,000 participants are expected to attend the Chain2020 event, which is set to take place in Hong Kong on January 15, 2020. The event is organized as a series of educational conferences focusing on Blockchain and FinTech technologies and related subjects for entrepreneurs, government officials and individuals seeking to […] The post Over 10,000 Participants Expected to Attend Chain2020 Blockchain Initiatives Event in Hong Kong appeared first on Bitcoin PR Buzz. дальше »
2020-1-8 21:50
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Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s financial system, allowing financial institutions to directly offer a range of crypto products, including derivatives, […] The post Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream appeared first on Bitcoin News. дальше »
2020-1-8 10:30
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Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, India’s National Blockchain Seminar
In this roundup, we cover several crypto-related actions by the U. S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar. дальше »
2020-1-7 17:00
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Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws
In this roundup, we cover several crypto-related actions by the U. S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar. дальше »
2020-1-7 17:00
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Problems Escalate in Venezuela as Millions Rush to Spend Petros
According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount. дальше »
2020-1-7 14:00
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IMF Helping Philippines Become Important Crypto Market
The International Monetary Fund (IMF) is providing the Philippines with technical assistance regarding crypto assets. The IMF believes the country may become an important crypto market and has provided the Bangko Sentral ng Pilipinas with suggestions for the country’s crypto regulation, including quarterly data collection from approved crypto exchanges. дальше »
2020-1-4 14:06
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Government Confirms Crypto Profits Not Taxable in South Korea
South Korea has confirmed that income tax cannot be levied on individual investors’ profits from crypto transactions under the current tax law. The government, however, is reviewing international trends and the approaches of major countries to crypto taxation in an effort to amend the existing Korean tax law to include cryptocurrency. дальше »
2020-1-2 08:15
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Indian Government’s Institute Offers Blockchain Training in Multiple Cities
The National Power Training Institute, under India’s Ministry of Power, is offering blockchain training in multiple cities throughout the country. Participants will learn about blockchain technology, its use cases, smart contracts, Ethereum, cryptocurrency, Bitcoin, and even mining. дальше »
2019-12-29 12:45
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4 Beijing Regulators Issue New Crypto Activity Warning
Four financial regulators in China have jointly issued a fresh warning regarding crypto trading activities in Beijing. The notice explains the reason for the warning and lists prohibited crypto activities, which have reportedly been surging as companies ramp up their blockchain promotion. дальше »
2019-12-28 18:07
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Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies
The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. дальше »
2019-12-27 08:20
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Japan Hosting World Conference to Discuss Decentralized Financial Governance
Following the consensus reached at the G20 leaders’ summit on the importance of discussing better governance for the decentralized financial ecosystem, Japan’s top financial regulator is hosting a global blockchain conference to discuss the subject. дальше »
2019-12-26 20:05
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Banking Platform Cashaa Sees Indian Trading Volume Soar, Adding 5 More Cryptocurrencies
Banking services platform Cashaa has seen significant growth in crypto trading volume in India since it began offering INR deposits and withdrawals. The platform has cut its fees by more than 50% and is getting ready to add five more cryptocurrencies for users in India, Cashaa has shared with news. дальше »
2019-12-25 08:00
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Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia
Germany’s second-largest stock exchange and a major financial services group in Japan have partnered to expand their crypto operations in Europe and Asia. Boerse Stuttgart recently launched its crypto trading platform while SBI has been expanding its crypto business operations for several years. дальше »
2019-12-22 15:15
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Judge Rules Snowden Must Give Book Proceeds to US Government
A U. S. district judge has ruled that former intelligence contractor Edward Snowden must turn over the proceeds of his new book to the U. S. government. According to the ruling, Snowden failed to obtain clearance for the materials and information used in his book. дальше »
2019-12-21 18:00
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Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency
At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U. дальше »
2019-12-21 12:04
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Chinese Regulators Question 8 Crypto Companies in Shenzhen
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau. дальше »
2019-12-21 23:00
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Erisx Launches Regulated Bitcoin Futures Market
Crypto trading platform Erisx has launched a bitcoin futures market regulated by the U. S. Commodity Futures Trading Commission (CFTC). Its physically settled bitcoin futures contracts trade alongside its spot market which supports four cryptocurrencies. дальше »
2019-12-18 19:45
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Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U. S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed. дальше »
2019-12-18 05:00
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The DAOBet iGaming Solution Mainnet is Now Live!
Bitcoin Press Release: iGaming company DAOGroup has announced that the long-awaited DAOBet mainnet has been launched by validators. 16th December 2019 – DAOBet (ex DAO. Casino) is a blockchain for the iGaming 3. дальше »
2019-12-18 14:01
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German Banks Increasingly Charging Retail Clients Negative Interest Rates
A growing number of banks in Germany are charging retail customers negative interest rates, starting with the very first euro deposited into their accounts. At least three German banks are reportedly doing so, with more expected to follow suit in the near future. дальше »
2019-12-16 09:09
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Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’
Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable. дальше »
2019-12-15 09:50
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Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’
At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring to stablecoins. дальше »
2019-12-14 15:38
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Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these traders from three local crypto exchanges. дальше »
2019-12-11 17:10
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Bakkt Launches Bitcoin Options in US, Futures in Asia
Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures, cash settled bitcoin futures, and options on monthly bitcoin futures. дальше »
2019-12-11 16:33
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IRS Now Requires Tax Filers to Disclose Crypto Activities
The U. S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019. дальше »
2019-12-9 19:35
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Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. дальше »
2019-12-8 18:01
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SEC Approves Bitcoin Futures Fund
The U. S. Securities and Exchange Commission (SEC) has approved an investment fund that will invest in bitcoin futures contracts. SEC Commissioner Hester Peirce calls this move “a bit of progress. дальше »
2019-12-8 17:54
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Bitcoin Future 2020’s December 21st Online Conference will Discover Future of Bitcoin by Showcasing Experts, Sceptics and Maximalists
Bitcoin Press Release: Malta’s Bitcoin Club announce details of their online conference beginning December 21st 2019, to bridge the gap between “Bitcoin Twitter” and the outer world. The conference will see more than 30 speakers including Stephan Livera, Tone Vays, Giacomo Zucco and many more, with tickets as low as €9. дальше »
2019-12-6 14:31
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Banks Are Cutting 75,700 Jobs Worldwide
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank, HSBC, and more. дальше »
2019-12-4 15:30
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BLOCKv Partners with Ben & Jerry’s to Launch a Unique Vatom-powered Campaign to Celebrate it’s 10th Birthday in Australia
Bitcoin Press Release: Vatom-powered development platform BLOCKv have partnered with ice cream company Ben & Jerry’s to celebrate the company’s 10th birthday in Australia, and host a virtual ice cream hunt. дальше »
2019-12-11 15:11
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