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CoinDCX CEO Sumit Gupta Reflects on Crypto Ban in India
29.1.2020
The RBI vs. Crypto hearings at the Supreme Court of India drew to an end after heated arguments and a judgment is anticipated to be declared soon. Ashim Sood, counsel for IAMAI, and Nakul Dewan, counsel representing crypto exchanges CoinDCX, Koinex, Throughbit, and CoinDelta, presented a strong...
Cold Storage and Bearer Bonds: How to Print an SLP Token Paper Wallet
28.1.2020
The Simple Ledger Protocol (SLP) and tokens have become a mainstay within the Bitcoin Cash ecosystem. SLP tokens have gathered traction as they are supported by multiple noncustodial wallets and a slew of tokens gained real-world value after being listed on exchanges. Even though SLP tokens...
LocalBitcoins Quietly Suspends Accounts in Multiple Regions Without Notice
28.1.2020
Finnish LocalBitcoins silently suspends user accounts in multiple countries, reportedly citing an “enhanced due diligence process” initiated by the EU’s 5AMLD
International Crypto Exchange Liquid Develops Perpetual BTC Contracts With Up to 100x Leverage
28.1.2020
Leverage allows cryptocurrency traders unsatisfied with market volatility to make stronger plays on smaller movements. Trading platforms offer various ways to use leverage in order to capture this segment. The latest example is Liquid, an exchange that developed perpetual BTC contracts with up...
Google Play and Apple Store to Support Access for ETN Rewards
28.1.2020
Electroneum, the leading innovator in the blockchain and crypto arena, has added another feather to its credit as the firm has made its place into Apple’s News App on January 27, 2020. This is for the first time since the launch of the Electroneum M1 phone that the firm has achieved such...
UK High Court Orders Freeze on $1M of Bitcoin in Ransomware Case
28.1.2020
A UK court has ordered to freeze over $1 million in Bitcoin from a Canadian insurance firm in a ransomware attack
Australia Discards the Idea of Central Bank Cryptocurrency
28.1.2020
Ever since cryptocurrencies started getting international traction, more and more countries began to consider its technological and innovational potential. Some even started to wonder what benefits they could bring to more regulated systems. The talk of creating a central bank cryptocurrency...
Hearing Concluded: Indian Supreme Court Deliberates on Crypto vs RBI Case
28.1.2020
The Indian supreme court has finished hearing the crypto vs. Reserve Bank of India (RBI) case. The hearing concluded on Tuesday with the counsel for the Internet and Mobile Association of India wrapping up his arguments, followed by arguments by the counsel representing crypto exchanges. The court...
Singapore Act to License Cryptocurrency Firms Comes Into Effect
28.1.2020
Starting today, Singaporean cryptocurrency firms are required to hold a license issued by a local regulator
Swiss Bank Julius Baer Offers New Digital Asset Services With Licensed Crypto Bank SEBA
28.1.2020
Switzerland, a nation that’s been quite positive towards crypto business, is facilitating the integration between its traditional financial sector and the blockchain industry. With greater regulatory clarity and stability coming, established banks are plucking up the courage to offer digital...
ANALYSIS: RBI vs. Crypto Hearings End; Verdict Pending
28.1.2020
As the long and intense legal battle between RBI and Crypto comes to an end, both sides have presented their arguments and await a judgment as to whether RBI’s directive banning banks from dealing with cryptocurrencies was warranted and valid. Counsel for IAMAI, Ashim Sood, has made a strong case...
Gemini Europe Hires New Chief Compliance Officer for Europe Expansion
28.1.2020
Gemini cryptocurrency exchange appoints RBS veteran as new chief compliance officer for its push into Europe
RBI vs. Crypto: Supreme Court of India – January 28, 2020
28.1.2020
IAMAI’s public interest litigation to freely allow crypto activity in India has gained much traction amongst the crypto community. Last week, we saw counsel for RBI, Mr Shyam Dewan and counsel for IAMAI, Mr Ashim Sood, present their cases to a panel of three judges. While Dewan defended RBI’s...
Israeli Regulators Request Feedback to Foster Blockchain Innovation
27.1.2020
Israel seeks public input to identify regulations stifling blockchain innovation
Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
27.1.2020
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority...
Iranian Authorities Have Issued 1,000 Licenses for Cryptocurrency Mining
27.1.2020
Iranian trade and mining authorities have issued over 1,000 licenses for cryptocurrency mining so far
CoinLoan—A Secured Platform for Lending Crypto Assets
27.1.2020
CoinLoan is a leading platform for lending secured crypto assets such as cryptocurrency and tokens, which are intended to meet the huge demand that cannot be compensated by the traditional credit system. Also, it offers borrowers the favorable conditions and lenders with the repayment of their...
Justin Sun Sued for $15M; TRON Foundation Responds
27.1.2020
Two former employees of BitTorrent, a file-sharing platform that joined the TRON ecosystem in 2018, have filed a lawsuit accusing TRON CEO Justin Sun and Head of Engineering Cong Li of creating a hostile work environment that led to their termination from the company. The suit, filed in the state...
Prime Trust: A Technology-driven Financial Institution
27.1.2020
The concept of financial inclusion has been getting a lot of importance of late. In an ideal world, everybody must have access to a reliable ecosystem of Financial Services and to realize this dream, many institutions are propping up in the domain of financial assets management. Out of all these...
Dubai Launching Crypto Valley in Tax-Free Zone
26.1.2020
A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups...