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In wake of RBI Ban, Indian Crypto Exchange Unocoin suspends Fiat deposits & withdrawals.
Unocoin, a major Indian crypto wallet provider and exchange, has suspended rupee (INR) deposits and withdrawals “as per orders” from the country’s central bank, according to Unocoin’s blog post July 23. дальше »
2018-7-24 20:15 | |
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South Korea’s Financial Innovation Bureau Will Legitimize Blockchain and Cryptocurrency
South Korean government officials are taking a very interesting stance on cryptocurrencies. Although they want to bring more legitimacy to this industry, it will need to happen through regulatory efforts first and foremost. дальше »
2018-7-24 19:00 | |
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Crypto Exchanges Improvement Plans in Japanese
Exchanges Six government-approved cryptocurrency exchanges in Japan have submitted their business improvement plans to the country’s top financial regulator. While improving their internal systems, most have also engaged in different areas of business expansion. дальше »
2018-7-24 15:38 | |
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Japanese Crypto Exchanges Submit Business Improvement Plans
Six government-approved cryptocurrency exchanges in Japan have submitted their business improvement plans to the country’s top financial regulator. While improving their internal systems, most have also engaged in different areas of business expansion. дальше »
2018-7-24 12:30 | |
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Iran’s Blockchain Association President Says US Govt Confiscated 500 BTC
The head of Iran's Blockchain Association, Sepehr Mohammadi, recently claimed that the US government has confiscated over 500 BTC from Iranian citizens traveling into and out of the country. In April, the Central Bank of Iran (CBI) banned banks and financial institutions in the country from dealing with cryptocurrencies. The CBI claimed that “All cryptocurrencies […] дальше »
2018-7-24 00:31 | |
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Police in London to be Given Specialist Training in Cryptocurrencies
The City of London Police will become the first force in the country to be trained to use cryptocurrencies in an investigative manner. The announcement of the new training scheme comes amid fears that such technologies allow criminals to launder money more easily than before. дальше »
2018-7-24 21:00 | |
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Indian Crypto Regulation is ready by September: officially
News The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. This announcement is independent of the supreme court’s hearing of petitions relating to crypto regulation in India. дальше »
2018-7-23 19:41 | |
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Indian central bank calls for regulation of the crypto industry
Weeks after and four days after the resumption of hearing on the case between the cryptocurrency industry players and the central bank of India, the financial institution has conceded and called for the regulation of the industry in the country. дальше »
2018-7-23 18:10 | |
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Indian Crypto Regulation Ready by September: Official
The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun. дальше »
2018-7-23 17:35 | |
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The Fall of Crypto Valley: How Zug Is Losing Appeal to Other Blockchain Hubs
After being touted as a game-changing cryptocurrency-friendly economy, Switzerland faces a potential brain-drain of cryptocurrency projects as local banks refuse to lend services to the sector, contrary to the government’s push. дальше »
2018-7-23 16:00 | |
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South Korea to Establish Digital Currency Policy-Making Department
South Korea’s financial authority confirmed on July 19, 2018, the implementation of a policymaking department focused exclusively on blockchain technology and related domains. Rising Technology “Leads Financial Innovation” As reported on The Korea Times, the country’s Financial Services Commission decided after careful consideration of the burgeoning blockchain industry and a crucial need for regulation to […] The post South Korea to Establish Digital Currency Policy-Making Department appeared first on CryptoSlate. дальше »
2018-7-23 09:00 | |
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Workers in Costa Rica Can Be Legally Paid in Cryptos
Cryptos are consolidating as an alternative to traditional payment systems. One example is Costa Rica, a small Latin American country located in Central America in which it is perfectly legal for workers to receive part of their wages in cryptocurrencies. дальше »
2018-7-23 03:32 | |
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Costa Rica Allows Workers to Be Paid in Cryptocurrency—But Will it Happen?
A recent news report suggests that Costa Rica’s labor laws permit the country’s workers to be paid in cryptocurrency: “Recently it was announced that Costa Rican workers could choose to receive part of their salary in crypto-currencies. дальше »
2018-7-23 03:11 | |
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Costa Rica Allows Workers to Be Paid in Cryptocurrency—But Will it Happen?
A recent news report suggests that Costa Rica’s labor laws permit the country’s workers to be paid in cryptocurrency: “Recently it was announced that Costa Rican workers could choose to receive part of their salary in crypto-currencies. дальше »
2018-7-23 01:38 | |
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Over 500 BTC Belonging to Iranians Seized by US Government: Report
According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U. S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status of cryptocurrency. дальше »
2018-7-23 22:42 | |
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Pressure Mounts on Switzerland Banks to Serve Crypto and Blockchain Start-ups More
Banks in Switzerland are under pressure from the populace and the government to serve cryptocurrency and blockchain start-ups more and better. Two Swiss banks severed ties with cryptocurrency startups in the country recently, and some are planning to do so. дальше »
2018-7-23 21:33 | |
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Swiss regulators negotiate with banks to prevent exit of cryptocurrency ventures
Recently, the Swiss Financial Market Supervisory Authority [FINMA] have held meetings with the Swiss National Bank and some of the other country’s local banks on how to improve the present condition of cryptocurrency ventures’ access to the bank. дальше »
2018-7-23 21:03 | |
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Indian reserve bank urges the Supreme Court to regulate crypto!
India’s central bank, the Reserve Bank of India (RBI), has urged the country’s Supreme Court to regulate cryptocurrencies, local news outlet the Financial Express reports July 21. On July 19, the Supreme Court reportedly postponed the final hearing on the RBI’s ban on crypto dealings — originally scheduled for July 20 — to September 11. дальше »
2018-7-22 17:22 | |
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Crypto Coin use halted by the Indian Central Bank in Supreme Court case
Japan Confirms Entrance Into the Crypto Space RBI’s Argument The Reserve Bank of India (RBI), the country’s central bank, appeared before the supreme court Friday to defend its position regarding cryptocurrencies. дальше »
2018-7-22 04:49 | |
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Ukrainian Authorities Agree to Regulate Bitcoin and Other Cryptocurrencies as Financial Instruments
In spite of the vibrant nature of the Ukrainian cryptosphere, digital currencies remain unregulated in the region. However, the situation is finally about to change for the better. The head of the National Securities and Stock Market Commission (NSSMC), Timur Khromaev, announced on Facebook on July 20, 2018, that the country’s Financial Stability Council has thrown its weight behind the. дальше »
2018-7-22 03:00 | |
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Indian Central Bank Makes a Case Before Supreme Court Against Allowing Crypto Use
India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions. ” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies. дальше »
2018-7-22 02:34 | |
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Vietnam Central Bank Backs Call for a Ban on Cryptocurrency Miner Imports
The State Bank of Vietnam (SBV); the country’s central bank, has adopted the Finance Minister’s call for a prohibition on the importation of cryptocurrency mining rigs. SBV Sides with MoF and MoIT In June 2018, Vietnam’s Ministry of Finance (MoF) called for a ban on the importation of cryptocurrency mining rigs. Considering that cryptocurrencies are дальше »
2018-7-21 22:26 | |
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Vietnam “Temporarily Suspends” Import of Cryptocurrency Miners
The cryptocurrency industry in Vietnam is going through a rough phase. More than two months after a big scam scandal gotten the attention of the country’s government, the Vietnamese Central Bank is now following the government recommendations and has agreed shut down all support for cryptocurrency mining equipment imports. дальше »
2018-7-21 21:00 | |
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Vietnam Central Bank Supports Call for a Ban on Cryptocurrency Miner Imports
The State Bank of Vietnam (SBV); the country’s central bank, has adopted the Finance Minister’s call for a prohibition on the importation of cryptocurrency mining rigs. SBV Sides with MoF and MoIT In June 2018, Vietnam’s Ministry of Finance (MoF) called for a ban on the importation of cryptocurrency mining rigs. дальше »
2018-7-21 20:00 | |
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Switzerland Creating Crypto-Friendly Conditions To Remain Competitive in the Cryptocurrency Market
Swiss regulators are currently making a greater effort to provide clear regulations for the banking industry to ensure that cryptocurrency-related projects can remain fully functional within the country. дальше »
2018-7-21 17:11 | |
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Bitcoin is being used by Chinese crypto millionaires to buy Real estate abroad! What a shocker!
Guo Hongcai, a beef salesman turned early bitcoin adopter from China’s Shanxi province, is one of many freshly minted millionaires funneling parts of their wealth out of the country by purchasing real estate abroad. дальше »
2018-7-21 15:12 | |
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Ethereum [ETH]’s Joseph Lubin hopeful of a cryptocurrency-accepting India
In a recent interview with Economic Times, Joseph Lubin, the co-founder of the blockchain-based open-source platform, Ethereum opened up about India’s acknowledgment of the rising need for cryptocurrency regulation in the country. дальше »
2018-7-21 14:11 | |
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Cryptocurrency Miners Face the Heat as Vietnam Bans Imports and Taiwanese Chipmaker Lowers Revenue Figures
The State Bank of Vietnam (SBV), the East Asian country’s central bank, announced on July 19, 2018, the import of cryptocurrency miners to the nation is indefinitely suspended. The post Cryptocurrency Miners Face the Heat as Vietnam Bans Imports and Taiwanese Chipmaker Lowers Revenue Figures appeared first on CryptoSlate. дальше »
2018-7-21 14:00 | |
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Swiss Regulators Hire Banks to Retain Crypotcurrency Ventures
Switzerland’s financial market supervisor, FINMA held discussions with the country’s bankers’ association and the Swiss National Bank (SNB), on how to improve cryptocurrency ventures’ access to banks. дальше »
2018-7-21 13:10 | |
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Ukraine’s Financial Stability Council Advances Cryptocurrency Legalization
The Ukraine is taking massive leaps to legalize cryptocurrency. There’s a new regulatory concept that recognizes tokens as financial instruments (as well as coins). The new concept won the support of high-up members in the Financial Stability Council of the country. дальше »
2018-7-21 12:32 | |
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Swiss Regulators Engage Banks to Prevent Exodus of Cryptocurrency Ventures
Switzerland’s financial market supervisor, FINMA held discussions with the country’s bankers’ association and the Swiss National Bank (SNB), on how to improve cryptocurrency ventures’ access to banks. дальше »
2018-7-21 11:00 | |
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UK Police seizes 2 Million USD in BTC from Drugs Trafficker
The Surrey County police department in the UK became the first in the country to confiscate more than 2 million dollars in Bitcoin (BTC), which they discovered after a careful investigation that lasted more than a one year. дальше »
2018-7-21 07:41 | |
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Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept
Ukraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council. дальше »
2018-7-21 02:10 | |
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India’s Supreme Court to Issue Final Ruling on RBI Cryptocurrency Ban in September
The Indian Supreme Court has adjourned its hearing of the petition against the Reserve Bank of India (RBI) ban on banks facilitating cryptocurrency transactions. The apex court will deliver its final judgment on the matter on September 11, 2018. дальше »
2018-7-21 01:00 | |
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Argentina Central Bank Looks For Crypto & Blockchain Education Via Books
Argentina’s Central Bank’s Interesting In “Mastering Bitcoin” Growing As Peso Is Depreciated By Rising Inflation Argentina is currently facing a big economic crisis as the country’s national fiat currency, the Peso, has hit a record low price against the USD and the inflation in the country is rising a lot recently. Not only people, but […] дальше »
2018-7-21 23:52 | |
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Vietnam’s Central Bank Thinks Cryptocurrency Miners Should Be Banned
According to regional reports, the State Bank of Vietnam (SBV) has agreed with a proposal to ban imported cryptocurrency mining machines in order to keep the digital currency economy tethered tightly to the government’s regulatory frameworks. дальше »
2018-7-21 23:32 | |
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British Police Seize 295 Bitcoins from Latvian Criminal Gang Member
UK Police Seize 295 Bitcoins From Latvian Criminal Seregis Teresko A recent arrest in England was made by a local police force. It was the first in the country to search and seize a cryptocurrency exchange on the grounds of a criminal investigation. дальше »
2018-7-20 21:01 | |
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Switzerland Creating Crypto-Friendly Conditions To Remain Competitive in the Cryptocurrency Market
Swiss regulators are currently making a greater effort to provide clear regulations for the banking industry to ensure that cryptocurrency-related projects can remain fully functional within the country. дальше »
2018-7-20 20:26 | |
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India’s Supreme Court Upholds RBI Ban, Final Arguments To be Heard in September
Today was the proverbial D-Day for the cryptocurrency industry in India as the Supreme Court was scheduled to hear the case against the Reserve Bank of India (RBI) instituting a ban forbidding all commercial banks in the country from facilitating crypto related transactions. дальше »
2018-7-20 19:39 | |
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India’s Supreme Court Pushes Crypto Case to September, Ban to Remain
India’s Supreme Court is to continue keeping cryptonians in the world’s second most populous country on edge after a much awaited hearing today led to no decision. According to a. . . дальше »
2018-7-20 18:08 | |
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Police Drive Takes 295 Bitcoins from Criminal in UK First
A British county police force has become the first in the country to seize and exchange bitcoins discovered during a criminal investigation. According to a report from the Financial Times yesterday, the Surrey police force obtained 295 bitcoins last October after arresting a Latvian man called Seregjs Teresko, who has since been convicted for money laundering and дальше »
2018-7-20 16:50 | |
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India Stands Still – Should Crypto Go or Stay ?
The biggest case involving the Indian cryptocurrencies market is scheduled to resume today as the Supreme court presides over a lawsuit filed by exchanges against the Reserve Bank of India (RBI). A directive by the central banking authority required that all banks in the country quit doing business with virtual currency exchanges on or before […] The post India Stands Still – Should Crypto Go or Stay ? appeared first on ZyCrypto. дальше »
2018-7-20 15:08 | |
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Police Force Confiscates 295 Bitcoins from Criminal in UK First
A British county police force has become the first in the country to have successfully seized and sold bitcoins obtained in a criminal case. дальше »
2018-7-20 14:00 | |
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Indian Bitcoin Ponzi Kingpin Amit Bhardwaj, Offers Compensation To Victims
Amit Bhardwaj, the Ponzi scheme kingpin accused of scamming thousands by promising outlandish returns on investments in Bitcoins, has offered to pay back investors their initial investments in Indian rupees even as one of the country’s largest cryptocurrency exchanges, Zebpay, has been roped in to help with the investigation. What Was Bharadwaj's Ponzi Scheme? Over […] дальше »
2018-7-20 13:06 | |
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Equity Token Offering: Better Benefits Than Initial Coin Offering Model?
In Europe, there are exciting developments that are taking place, just like the regulators and also the various blockchain companies in the market playing cat and mouse. Last week the cryptocurrency community watched in awe as Malta became the very first country that has been able to pass on the new regulations to be used […] дальше »
2018-7-20 12:19 | |
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Switzerland Scrambles to Regain “Cryptocurrency-Friendly” Status As Banks Dissuade Crypto-Businesses
Famously touted as the “Crypto Valley,” the Swiss city of Zug is losing sheen in favor of other cities and jurisdictions as cryptocurrency startups reportedly face difficulties in administration and governances in the European country. дальше »
2018-7-20 11:00 | |
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Switzerland Wants to Stem the Tide of the Cryptocurrency Drain
Switzerland is fast losing its appeal to cryptocurrency investors, to the worry of state and federal officials. Many virtual currency businesses, frustrated with the lack of banking support have moved their activities elsewhere. дальше »
2018-7-20 10:33 | |
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