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Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000
25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...
Market Update: Low Volumes and Uncertainty Shake Crypto Traders
24.9.2019
The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only...
bitFlyer USA and Europe to Add New Altcoins on Its Buy/Sell Platform
24.9.2019
bitFlyer, digital currency exchange based in Tokyo, has announced its decision of including new altcoins on its Buy/Sell platform. The exchange, in its announcement dated September 24, 2019, revealed that the move would benefit the Buy/Sell users from all across the United States and Europe....
Major German Stock Exchange Group Launches Crypto Trading
24.9.2019
Boerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian...
China’s Central Bank: Digital Currency Has ‘No Timetable’ for Launch
24.9.2019
China isn’t quite ready to launch a digital token after all, says PBoC
BTI Report Finds Coinbase and Kraken in the List of Cleanest Cryptocurrency Exchanges
23.9.2019
It is common knowledge that the world of cryptocurrencies is filled with volatility, market turbulence, as well as manipulations. From wash trading to Ponzi schemes, crypto enthusiasts witness it all, time and again. The recent report published by the BTI (Blockchain Transparency Institute)...
PBoC Denies Claims It Will Launch Digital Currency in November
23.9.2019
China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies
Bakkt Regulated Bitcoin Futures Now Live on Major Exchange
23.9.2019
Trading is now live for Bakkt’s regulated, physically-delivered daily and monthly bitcoin futures, with the first trade executed at 8:02 pm ET on Sunday. Customers’ bitcoins are stored in the Bakkt Warehouse, a qualified custodian, regulated by the New York State Department of Financial...
Now Buy Bitcoin from Any 7-Eleven Store in the Philippines
20.9.2019
Abra, a renowned cryptocurrency wallet application, has begun selling digital currencies for cash across all the 7-Eleven stores based in the Philippines. The company has achieved this feat through its latest collaboration with ECPay, Philippines’ eminent electronic payment service provider. Abra...
Changes Afoot for Philippine Crypto-Friendly Economic Zone
19.9.2019
The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also...
Central Banker: CBDCs Are a Flexible Tool for Zero-Interest Rate World
19.9.2019
Central banks can benefit from digital currencies but they don’t necessarily need a blockchain, says Chile’s top central banker
Residents of Two Canadian Municipalities can Now Pay Property Taxes Through Cryptocurrency
19.9.2019
Cryptocurrency has made a foray into public life in Canada, with its use and adoption to provide certain services to the residents of two municipalities there. The residents of Richmond Hill, Ontario will be provided with an alternate mode to pay property tax. Individuals and businesses will now...
10 Tax Tools to Help Crypto Owners
18.9.2019
While tax laws on cryptocurrency vary by jurisdiction, there are many useful tools to help you calculate crypto taxes, lower your tax liabilities, and simplify your filing — no matter where you are. Many of them work globally, supporting tax forms of multiple countries, and can import data...
CoinDesk to Move Into Same Building as Owner Digital Currency Group
17.9.2019
Employees at crypto news publication CoinDesk were told Tuesday that the firm is moving into the same building as its parent, Digital Currency Group
Indian Parliament Member Helping Crypto Community Influence Regulation
17.9.2019
The Indian crypto community has made progress towards influencing the government’s crypto policies. Some industry leaders have met with an influential lawmaker who has agreed to help bring about positive crypto regulation in the country. Also read: India’s Popular ‘Who Wants to...
US Sanctions Three North Korea-based Crypto Hacking Groups
16.9.2019
The United States of America has given its nod for the sanction of three North Korean state-sponsored hacker entities responsible for “North Korea’s malicious cyber activity on critical infrastructure,” announced the U.S Department of Treasury on September 13, 2019. According to the announcement...
US President Donald Trump Bans Petro Cryptocurrency
16.9.2019
The United States President, Donald Trump has announced the ban of Venezuelan cryptocurrency, Petro, in the country. The U.S Senate Bill 1025, which will essentially enforce an executive order, signed by Donald Trump in 2018, came into law. The executive order banned the U.S citizens, permanent...
European Countries Step Up Response to Facebook’s Libra
16.9.2019
The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra...
Distrust of the Bolivar Prompts Venezuelans to Seek Sound Money
14.9.2019
There’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the benefits of bitcoin cash. The Venezuelan country has been suffering from rapid inflation and many people distrust...
CryptoCortex is now Connected to San Juan Mercantile Exchange Dark Pool
13.9.2019
Recently, Deltix Inc. reported that its CryptoCortex digital asset trading platform is currently associated with the San Juan Mercantile Exchange (SJMX) Dark Pool. This association, as indicated by Deltix, will give cryptocurrency dealers/brokers, market makers, OTC desks, and intermediaries with...