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Authorities In India Admit They Recognise Bitcoin As A Legitimate Currency
As we should all know by now, cryptocurrency in India is taking a bit of a hit. With the Reserve Bank of India (RBI) ruling against it and the supreme court looking likely to do the same thing, by the end of September cryptocurrency could seriously hit a dead-end in the country. дальше »
2018-7-26 16:30 | |
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Government of India to Recognize Crypto as a Payment Method, Experts Optimistic
Cryptocurrencies have found an unlikely ally in their quest to become legalized in India, following intense legal battles between companies, consumers, and the Reserve Bank of India. The recommendation to legalize crypto comes from the law commission of India, as they are a vital part of their case against a blanket ban on sports betting. дальше »
2018-7-26 08:00 | |
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Unocoin suspends withdrawal as per RBI orders, movement of Crypto regulations in India
While the Supreme Court’s final ruling on the crypto exchanges regarding fiat handling is yet to come out, Unocoin suspends withdrawal and deposits of fiat on its exchange. Unocoin exchange had received immense popularity for Crypto-rupee and crypto-crypto trades where it dealt in Bitcoin and Ethereum. The Reserve Bank of India on 5th April 2018 […] дальше »
2018-7-24 19:49 | |
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Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India
The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »
2018-7-24 00:15 | |
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U Network Blockchain Protocol’s UUU Coin ICO Runs out of Tokens After $8 Million Airdrop
Tokens Get Finished In An $8 Million ICO Earlier this month, developers of a blockchain publication procedure known as U Network suddenly declared that its reserve of UUU virtual assets had been depleted. дальше »
2018-7-23 20:17 | |
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Never allow the Crypto Circus in Congress to make you fool
At the same hearing that Sherman attended, Federal Reserve Chairman Jerome Powell said cryptocurrencies are “great if you’re trying to hide or launder money.” In the wider context, it’s clear that we have actually come some way forward in regulatory comprehension of this technology. The influence of a parallel market Part of this shifting tide дальше »
2018-7-23 14:37 | |
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Cryptocurrency Vs Central Banks: Bitcoin Versus Federal Reserve, BoE, BoJ & ECB
As it stands, there are four central banks that run the financial world, and those are the U.S. Federal Reserve, European Central Bank (ECB), Bank of Japan (BOJ) and the Bank of England (BOE). According to most experts, these institutions are definitely the most powerful, influencing the interest rates of over $41 trillion worth of […] дальше »
2018-7-23 10:01 | |
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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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Supreme Court of India Reschedules Cryptocurrency Ban Petition to September 2018
On July 20th, 2018, The Supreme Court of India again delayed the hearing for the fate of cryptocurrencies, on account of minimal action from SEBI regarding the petition seeking regulation of cryptocurrency in India. дальше »
2018-7-22 13:00 | |
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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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KoinEx Loop Launches In India As LocalBitcoins Competitor Despite Crypto Ban
India is one of the many countries in the world that has placed a stringent ban on cryptocurrency trading, though the market may soon take a turn. Regulations with the Indian Reserve Bank have not changed at all, but that has not stopped KoinEx from bringing forth competition for the LocalBitcoins platform. This innovative project […] дальше »
2018-7-21 16:53 | |
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Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns
According to Bloomberg, Jerome Powell, the Federal Reserve Chairman, in a testimony before the House of Financial Services Committee, confidently stated that the cryptocurrency industry is currently not a threat to the existing financial system. дальше »
2018-7-21 16:11 | |
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“It Was Only A Matter of Time”: Trump Sets His Sights on the Fed’s Tightening and the Strong Dollar, Set Your Eyes On The Yuan
Who says that the President doesn’t – and shouldn’t – pay attention to the U. S. Dollar’s value? Well – President Trump sure does. . . Just look at his tweets from this morning. . . Trump implies that a weaker dollar will be beneficial. дальше »
2018-7-21 13:11 | |
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Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman
While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »
2018-7-21 13:00 | |
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Breaking news: RBI’s cryptocurrency prohibition continues, final arguments on 11th September
The Reserve Bank of India [RBI] petitioned a ban against cryptocurrencies, as to prohibit the banks for conversion of digital currencies to Indian Rupee [INR]. The hearing of lifting or proceeding with the ban was held today. дальше »
2018-7-21 02:25 | |
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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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US Fed Reserve Chair Bashes Crypto’s Money Properties, Says “Not Really a Currency”
Jerome Powell Claims Bitcoin is Not a Real Currency and Has No Intrinsic Value The head of the United States Federal Reserve issued a warning to Congress earlier today regarding cryptocurrencies. Federal Reserve chair Jerome Powell, who took the position in February, said on Capitol Hill that bitcoin and other cryptocurrencies are dangerous to “unsophisticated […] дальше »
2018-7-21 00:41 | |
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Supreme Court of India delays Crypto Banking Ban Hearing to September
A Supreme Court decision on the Reserve Bank of India’s (RBI) efforts to bar cryptocurrency firms from receiving banking services will have to wait – for now. A final hearing on the ban’s merits has been deferred to September 11, local news outlet Inc42 reported Friday. The panel of judges overseeing the case want all arguments дальше »
2018-7-21 00:07 | |
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Indian supreme court reviewed crypto petitions however rbi ban stays
Regulation India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. Japan Confirms Entrance Into the Crypto Space Supreme Court Hearing on July 20 The long-awaited hearing at which the Supreme Court of India was scheduled to address all of the petitions against the crypto banking дальше »
2018-7-21 23:10 | |
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India : supreme court decision on central bank crypto dealings ban moved to september
The Supreme Court of India’s hearing on the central bank’s ban on crypto dealings, originally scheduled for July 20, has been moved to September, according to a July 19 Twitter post by a team of Indian lawyers involved in crypto regulatory analysis. дальше »
2018-7-21 22:50 | |
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Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns
According to Bloomberg, Jerome Powell, the Federal Reserve Chairman, in a testimony before the House of Financial Services Committee, confidently stated that the cryptocurrency industry is currently not a threat to the existing financial system. дальше »
2018-7-20 20:46 | |
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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 Banking Ban Hearing to September
A Supreme Court decision on the Reserve Bank of India's efforts to bar crypto firms from receiving banking services has been pushed to September. дальше »
2018-7-20 19:30 | |
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Indian Supreme Court Heard Crypto Petitions Today – RBI Ban Stays
India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. дальше »
2018-7-21 17:15 | |
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Indian Supreme Court Heard Crypto Petitions Today but RBI Ban Stays
India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. дальше »
2018-7-20 17:15 | |
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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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RBI Ban Latest Update- Supreme court delays India’s crypto fate
Two weeks after the Reserve Bank of India’s circular regarding cryptocurrency came in to play, the Indian cryptocurrency community gears up for its first signs of reproach, as the Supreme Court of India resumes hearings on the petition filed against the central bank. дальше »
2018-7-20 13:14 | |
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D-Day in India as Supreme Court Begins Deliberation on Cryptocurrency Ban Today
Today (July 20, 2018) is an important day for the Indian cryptocurrency market as the Supreme Court resumes its hearing on the suit filed by crypto exchanges against the ban by the Reserve Bank of India (RBI). дальше »
2018-7-20 12:24 | |
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New Fed Chairman Dismisses Crypto As No “Significant Risk” To The Current Financial System
Head of the Federal Reserve, Jerome Powell on Wednesday in responding to a US federal Committee said that cryptocurrencies did not pose a “significant risk” to the stability of the current financial system. дальше »
2018-7-20 10:06 | |
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The Federal Reserve Is Not Considering Digital Currency, Says Chairman Powell
A penny for your thoughts.
дальше »2018-7-20 20:57 | |
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“Cryptocurrencies are great if you are trying to hide or launder money”, says Federal Reserve Chairman
During a testimony before the House of Federal Service Committee on Wednesday, Jerome Powell, the Chairman of the Federal Reserve, the Central Bank of U. S said that cryptocurrencies are great if you are trying to hide money or launder money. дальше »
2018-7-19 19:52 | |
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Fed Does Not Have Jurisdiction or Regulatory Authority Over Cryptocurrencies Says Chairman Powell
Jerome Powell, the current Chairman of the Federal Reserve, has stated cryptocurrencies come up a lot at G7 and other international forums, but the Fed doesn’t have any authority over it. . . дальше »
2018-7-19 18:17 | |
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Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation
Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector. дальше »
2018-7-19 15:00 | |
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Fed Chair: Crypto Has No Intrinsic Value, Not a Store of Value, Great for Money Laundering
The Federal Reserve’s new chairman made his stance on cryptocurrency clear to the US House of Representatives on Wednesday. In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. дальше »
2018-7-19 14:05 | |
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US Fed Chairman Maintains Cryptos Don’t Have Intrinsic Value
On Wednesday morning, the U. S. Congress held a hearing regarding cryptocurrencies, hearing mixed opinions from regulators and representatives of the U. S. government. Federal Reserve Chairman: Cryptos Aren’t A Store of Value Or A Payment Tool Jerome Powell, the chairman of the U. дальше »
2018-7-19 10:30 | |
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According to the Fed Chairperson, Money Laundering Benefits Greatly from Cryptocurrencies.
Jerome Powell, chairman of the U. S. Federal Reserve, had some harsh words for cryptocurrencies during an appearance before the U. S. Congress. “They are very challenging because cryptocurrencies are great if you’re trying to hide or launder money, we have to be very conscious of that,” he said. дальше »
2018-7-19 01:09 | |
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Fed Chair: Cryptocurrencies Are 'Great' For Money Laundering
Federal Reserve Chairman Jerome Powell criticized cryptocurrencies during a hearing on Capitol Hill. дальше »
2018-7-19 22:20 | |
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Applying for a patent – $15k, Mastercard patenting even more blockchain – priceless
Mastercard have applied for a new blockchain patent. Yep – another one. Is there a limit to how many patents you can apply for in one year? The document outlines its particular goal: quickening merchant transactions that use cryptocurrencies. дальше »
2018-7-18 13:19 | |
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Industry players’ sentiment after cryptocurrency ban in India
The Indian cryptocurrency market has been plagued with disappointment ever since the prohibition of INR withdrawals, as per orders of the regulatory body known as the Reserve Bank of India [RBI]. Earlier this month, the Supreme Court of India held a hearing regarding the lifting of the ban in the country. The temporary stay was […] дальше »
2018-7-18 21:49 | |
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Malta-based STASIS Launches New Euro-Backed Stablecoin
Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end. дальше »
2018-7-16 19:46 | |
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Outlines Key Areas of Concern Indian Central Bank Justifies Its Crypto Stance
Regulation The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. дальше »
2018-7-14 20:58 | |
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Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern
The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. дальше »
2018-7-14 19:50 | |
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Earth Dollar Partners With Blockchain Associations for Global Point-of-Sale Cryptocurrency Project
Earth Dollar™, an asset-backed cryptocurrency has announced a strategic partnership with the US Blockchain Association, the Nevada Blockchain Association, and other non-profit blockchain-related organizations worldwide to launch a global cryptocurrency point-of-sale payment system available to both online and offline retailers. дальше »
2018-7-13 10:00 | |
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Indian Regulators May ‘Unban’ Cryptocurrency Trading Soon
The Reserve Bank of India’s (RBI) harsh stance towards the local digital currency space may not last forever. If the latest report coming from reliable sources at the finance ministry is anything to go by, authorities are on the verge of regulating blockchain-based virtual currencies as commodities, a move that would be very beneficial to cryptocurrency investors in the Asian. дальше »
2018-7-13 16:00 | |
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You’ve Heard Of India’s Crypto Ban, But Why Did They Do It In The First Place?
The Reserve Bank of India (RBI) have relished in headline news for the past couple of weeks. This of course stems from a ban on cryptocurrencies, stipulated by the RBI a few months earlier. The ban came in to force at the start of July and now, as it stands, means that traders in India can no longer trade FIAT-Crypto or vice versa. дальше »
2018-7-12 12:30 | |
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