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Digital Pound Could Present ‘Challenges’ for UK, Says Mark Carney
12.3.2020
The outgoing governor of the Bank of England highlighted the potential risks to monetary governance if a central bank digital currency were to be launched in the U.K
Global Investments Into Indian Crypto Sector Surge After Supreme Court Lifts Ban
11.3.2020
India has become increasingly attractive to new crypto businesses and investors from all over the world now that the supreme court has lifted the banking ban. Some companies are expanding operations into the Indian market while others are investing in the country’s crypto ecosystem. Also...
Previously Crypto-Only BlockFi Adds Cash On-Ramp Through Silvergate Partnership
10.3.2020
Crypto lender BlockFi now supports cash deposits
US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine
10.3.2020
A U.S. congressman from Arizona has introduced the Cryptocurrency Act of 2020 while under coronavirus quarantine. The bill clarifies which federal agencies regulate which type of crypto assets. “It’s crucial that America remains the global leader in cryptocurrency,” the lawmaker...
Yes Bank Falls: Is the Banking Crisis in India a Blessing in Disguise for the Crypto Industry?
9.3.2020
The world is moving towards a big recession, and the recent banking crisis in India testifies it. In a span of a couple of years, several banks in India have either lost a significant amount of money or have shut down completely. The country is now the highest NPA ratio in the world, and the …
German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin ATMs
7.3.2020
Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin. The regulator recently clarified what crypto service...
How Popular Is the Dark Web in India? A Look at Increasing Tech Use and Free Market Potential
7.3.2020
Now that the Reserve Bank of India’s banking ban on cryptocurrencies has been lifted by a recent Supreme Court decision, there is reinvigorated interest in bitcoin within the South Asian nation. Exchanges can reconnect to banking institutions and offer the support they formerly did to their...
India’s Central Bank Plans to Fight Supreme Court Crypto Ruling
6.3.2020
The Reserve Bank of India reportedly plans to return to the supreme court to ask for a review of a ruling that overturned its ban on banking access for crypto firms
RBI to Challenge Supreme Court Verdict on Cryptocurrency
6.3.2020
The Reserve Bank of India (RBI) is reportedly seeking to file a review petition challenging the supreme court verdict which lifted its banking ban on the crypto industry. The RBI is worried that the court’s decision “could pave the way for trading in virtual currencies and put...
Crypto Software Firm Zabo Raises $2.5M in a Seed Round
5.3.2020
Crypto software firm receives $2.5 million in a seed round to keep strengthening its crypto services’ connections to mainstream financial services
Bitcoin Legal in India: Exchanges Resume INR Banking Service After Supreme Court Verdict Allows Cryptocurrency
5.3.2020
Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto industry. News.Bitcoin.com talked to several crypto exchange executives to find out the effects of the supreme court ruling and what their exchanges plan...
Samsung to Target EU Payments Sector With Blockchain-Based Solution for Banks
4.3.2020
The platform will use blockchain to automatically input payments data into bank records
Samsung Partners With Israeli Fintech on Blockchain Solution for Merchants
4.3.2020
Samsung SDS partners Credorex to provide merchants with a blockchain banking solution for payments and invoices
India’s Supreme Court Lifts Banking Ban on Crypto Exchanges
4.3.2020
The Supreme Court of India has ruled against a decision imposed by the country’s central bank nearly two years ago that curbed crypto trading in Asia’s third-largest economy. According to a report from Bloomberg, a three-judge bench of the court ruled on Wednesday in favor of petitions...
Indian Supreme Court Rules in Favor of Cryptocurrency — RBI Ban Lifted
4.3.2020
A historic day for the Indian crypto community, the supreme court has finally ruled on the case against the banking ban by the central bank, the Reserve Bank of India (RBI). The court held that the RBI circular which places a banking ban on the crypto industry is unconstitutional. Also read:...
New Wallet From Stablecoin Issuer STASIS Syncs With Financial Institutions
3.3.2020
STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies
Banking Trojans Could Be Used to Target Your Wallet & Crypto Exchange
3.3.2020
Source: iStock/da-kuk
Cryptocurrency traders, blockchain and crypto firms have been warned to prepare for an intensified spate of cybercrime-related raids, with nasty new strains of malware already circulating.
Per a report compiled by ThreatFabric, criminals have been deploying sophisticated...
Even With CBDCs, the State Won’t Forfeit Its Power Over Money
3.3.2020
Nothing is more centralizing than a state’s control over decentralized technologies like blockchain and cryptocurrency, says law professor and blockchain adviser James Cooper
Binance Lets Turkish Customers Directly Deposit Fiat With Bank Integration
3.3.2020
Binance has launched a direct channel integration with Istanbul-based Akbank, allowing users to deposit Turkish lira to their exchange accounts
Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions
3.3.2020
The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest...